Reference no: EM133615384
When running business there is "International guideline".
In the realm of embracing international guidelines that surpass the basic expectations outlined in global trade and commerce agreements, a variety of perspectives on the significance and feasibility of participation often arise. The objective of this task is to guide you through potential challenges in constructing a compelling business case for proactively addressing compliance with international guidelines concerning manufacturing, employee treatment, and general business principles. Consider the scenario and respond to the following inquiries:
1. Place yourself in the shoes of the CEO or a high-level executive of an international corporation. A board member introduces the UNGC, UNPRI, or ISO27000 (pertaining to technology use) standards and principles, emphasizing the importance of adhering to all the principles within these guidelines. Upon conveying this directive to the executive leadership team, their initial response is that it is too costly and leans more towards an ideal rather than a practicality for your company in the real world.
2. Which member of the management team should address this concern?
3. What is the argument for compliance?
4. How do you construct a business case for embracing these guidelines?
5. In uniting the board and management, what approach should be taken?
6. What should be the strategic plan?