Reference no: EM133261136
Assignment:
Grozav could improve communication and transparency with employees by ensuring that employees are aware of their rights under Petunisian labor laws and by providing information on annual wage increases. This would allow Grozav to ensure that employees are aware of their rights under Petunisian labor laws. In addition, Grozav might improve the way employees are represented in the company by establishing a better structure for employee representation, such as a union. This would ensure that employees have a more powerful voice within the company. Investing in environmentally friendly measures like recycling is one more thing that Grozav could do to lessen their negative influence on the environment and strengthen their brand's standing in the community.
Grozav should increase communication and transparency with employees by ensuring that employees are informed of their rights under Petunisian labor regulations. This would allow Grozav to ensure that employees are aware of their rights. In addition, it would be helpful if information could be provided on the rate of yearly wage increases. To ensure that workers at Grozav have a more powerful voice within the company, the company might institute a more effective method for employee representation, such as the formation of a union. Investing in environmentally friendly measures like recycling is one more thing that Grozav could do to lessen their negative influence on the environment and strengthen their brand's standing in the community.
Employees would be able to have a more powerful voice within the firm if the corporation invested in a more effective mechanism for employee representation. This would result in improved communication and transparency, which, in turn, would lead to improved working conditions and ultimately economic growth. Investing in sustainable methods would also lessen the environmental impact that Grozav has, which would be beneficial to the company's reputation and lead to an increase in the number of clients it serves.
Examples:
There are a number of multinational enterprises that have adopted similar initiatives to those that Grozav could adopt. For example, Google has implemented a transparency report which details the number of requests for user information that the company receives from governments around the world. This report helps to ensure that users are aware of their rights, and that the company is held accountable for its actions. Similarly, Apple has created an environmental responsibility report which outlines the company's progress in reducing its impact on the environment. This report helps to build trust with consumers and shows that the company is committed to sustainable practices.
Identify at least two stakeholders (Freeman, 1984) that would be impacted by your proposed action/s and discuss how these actions may impact on the sustainability and competitiveness of Grozav.