That’s when they start doing layoffs and budget cuts for the business. Employees end up with reduced hours, pay cuts, small pay raises and poor work environments. It seems they will sink to the lowest level that is considered legal just to make sure they can still make a profit within the business. 2. ) Do business organizations have a responsibility to ensure that employees have secure jobs with good working conditions, or is their primary responsibility to shareholders? This is where Corporate social responsibility (CSR) comes into play.
According to Encyclopedia. com, The concept of corporate social responsibility means that organizations have moral, ethical, and philanthropic responsibilities in addition to their responsibilities to earn a fair return for investors and comply with the law. (2009, para. 2) CSR compels businesses to implement an extensive view of the obligations that does not include just the shareholders. They also need to include other constituencies such as employees, customers, the local community, all three levels of government, and so on.
However, it still does not require them to ensure job security and good working conditions. Many actually are opposed to CSR and believe that corporations only need to worry about the profit for their shareholders and if they take on the social responsibilities will have competitive shortcomings. 3. ) What alternative measures of organizational performance, besides share prices, do you think might change the focus of business leaders? Business leaders need to focus more on leadership skills and the true meaning of leadership.
The Term Paper on Corporate Social Responsibility Business Csr Management
... of social responsibility into an organisation have clearly outnumbered those opposing its addition into the business framework. Thus, suggesting that the introduction of CSR ... devote resources to CSR. These pressures emerge from customers, employees, suppliers, community groups, governments, and some stockholders, especially institutional shareholders. Many managers have ...
They should be focusing on driving their people and giving them a genuine purpose. Finding purpose and worth is a respective journey embedded in the individual’s day-to-day involvement in the business. Worrying about what the shareholders gain will not give individuals the true meaning of employment. This is being said about those employees who are truly engaged in the business. Employee engagement is what is going to drive performance. The task for corporations is to generate businesses where employees are united and engaged to a noticeably modular stratagem. . ) What do you think the likely impact of growth of temporary employment relationships will be for employee attitudes and behaviors? How would you develop a measurement system to evaluate the impact of corporate downsizing and temporary job assignments on employees? I can see where some employees may have a negative attitude or behavior towards temporary employment positions. They feel this way because they know it is only for a period of time and then they are right back to square one. However, not everyone will see it this way.
Others will look at it as a paycheck and will be extremely happy just to be working even if it is only temporary. Temporary employment may be the only solution for unemployed individuals because of the economic problems and challenges we are facing right now. Temporary positions do not give the individuals a sense of security because it may only last a short period of time and that is hard for individuals trying to support their families. I would test a hypothesis weigh in on the effect that downsizing the corporation would have on its employees.
The Business plan on Planning For Individuals And Business
The military saying, “If you fail to plan, you plan to fail,” is true. People always make plans, like teachers plan their Teaching Plans, students write outlines to plan their essay, and business managers make plans to improve outstanding achievement. A plan, on the other hand, helps a manager organize resources and activities efficiently and effectively to achieve goals. Making plans is generally ...
This would involve monitoring full time, part time, and temporary employees to see how they actually function on the job and to see if one group is more engaged in their work than the other. Then maybe interview each category of employees to possibly get a real sense of how they feel about the type of employment they are doing. References Encyclopedia. com. (2009).
Corporate Social Responsibility. Retrieved on May 21, 2013 from: http://www. encyclopedia. com/topic/Corporate_social_responsibility. aspx Robbins, S. P. , & Judge, T. A. , (2013).
Organizational Behavior (Fifteenth Edition).
Upper Saddle River, N. J: Prentice Hall