The effectiveapplication of social responsibility

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Reference no: EM131521423 , Length: 12

Overview

The final project forthis course is the creation of a case study analysis and strategy proposal.

Social responsibility is an ethical philosophy that suggests an individual oragroup of individuals, such as an organization, has an obligation to act forthe benefit of society at large.

Corporations in any industry haveexperienced change in corporate social responsibility (CSR) due to both internal (employee) and external (customer, regulatory agencies, environmental) influences. Theseinfluences require leaders to bettereducate themselves and the organization on theirstrategy in regard to CSR.

The purpose of this project is to analyze and critique an organization based on what is expected of acorporate strategy in regard to social responsibility.

The project is divided into two milestones, which willbe submitted at various points throughout the course to scaffold learning and ensure quality final submissions. These milestones will be submitted in Modules Two and Four. The final product will be submitted in Module Seven.

In this assignment, you will demonstrate yourmastery of the following course outcomes:

• Critique social responsibility principles and concepts as they relate to scholarly research, evidence, and real-world relevance

• Analyze internal and external influences to organizational operations as they relate to the effectiveapplication of social responsibility

• Analyze the potential benefits and risks of the strategy planning of an organization forensuring organizational effectiveness

• Develop strategy plans that appropriately draw from modern principles of social responsibility and are substantiated by evide nce

• Assess the ethical implications of real-world issues and problems in corporate social responsibility from multipleperspectives

Prompt

For this project, you will analyze the case study ITC LTD: Toward a Triple Bottom Line Performance. You will look at various aspects of both the daily operations of the company as well as management strategies to determinethe impact they have on the social responsibility of the company.

You will examinethe impact this has on the internal and external stakeholders of the company, as social responsibility impacts them the most. Then, you willdevise arevised strategy plan that addresses any gaps and risks you have identified in regard to social responsibility.

Specifically, the following critical elements must be addressed:

I. Introduction: In this part of the project, you will introduce the company present in the case study, describing the important attributes of the company that should be considered when analyzing its consideration of social responsibility.

Describe the organization in the case study. In otherwords, how is the organization described in the case study? What are its key attributes? What are its strengths and weaknesses?

II. Analysis of Social Responsibility: In this part of the project, you will begin youranalysis of the case study, examining how the strategy plan of the organization in the case study considers social responsibility.

a) Analyze the organization's strategy plan for compliance with the current acceptable standards ornorms relative to social responsibility today.

b) Analyze the organization's strategy plan forany gaps in social responsibility that might be potential risks to internal and external stakeholders.

c) Predict the potential positive and negative impacts to internal and external stakeholders regarding social responsibilitythat would result from the strategy plan. In otherwords, what might happen to the employees and/orpeople involved in the company regarding social responsibility from this strategy plan? You could considerboth the present and future impacts.

d) Critique the evolution of strategy planning related to social responsibilitywithin the organization. In otherwords, what may have influenced the evolution of strategy planning related to social responsibility unique to this organization?

e) Explain how this organization is oris not consistent with regard to social responsibility when compared within its own industry and when compared to outside industries. Be sure to justify yourresponse.

III. Ethical Decision-Making: In this part of the project, you will continueyouranalysis of the case study, examining how the strategy plan of the organization considers ethics in decision-making processes.

a) Analyze the organization's strategy plan for decision-making processes that it employs. In otherwords, based on the strategy plan, how does the organization make decisions?

b) Explain how aspects of ethics were considered in the decision-making processes of the organization. In otherwords, what were the ethical considerations related to social responsibility in the decisions made by the organization? You could considerthe connection between ethics and organizational decision making and how ethics influence those decisions.

c) Analyze the organization's strategy plan forany gaps in the decision-making process that could be considered potential risks to internal and external stakeholders.

IV. Critique the Organization: In this part of the project, you will continueyourcase study analysis, critiquing the organization regarding how it considers social responsibility and how its processes have been influenced internallyand externally.

a) Utilizing the information in the case study and your previous analysis, determine the appropriate components forastrategic CSR plan for the organization.

b) Compare the components chosen pertaining to the organization with otherorganizations with similarordifferent strategiccomponents.

c) Explain how the organization's internal and external influences have impacted the strategy plan's compliance with industry standards and common practice in regards to social responsibility.

d) Determine potential risks in the current strategy plan and compare them with otherrelevant organizations (in particular, the same industry) to determine if theserisks are common or unique to the organization.

V. Revised Strategy Plan: In this part of the project, you will imagine you have assumed a leadership role within the organization. You will utilizethe case study and yourprevious analysis to develop anew strategy plan forthe organization addressing its social responsibility.

a) Develop arevised strategy plan forthe organization, addressing any potential risks or gaps regarding social responsibility previously identified in your case study analysis.

b) Explain the process regarding how the revised strategy plan was developed. Be sure to describe why certain components were selected and how they are important to the organization as related to social responsibility.

c) Discuss how you considered the influence of internal and external forces when developing yourrevised strategy plan. In otherwords, how did you account for the internal and external influences that affected the first strategy plan in the development of yourrevised strategy plan?

d) Explain how issues of ethics were considered when developing the revised strategy plan. If issues of ethics did not need to be considered or revised, explain why.

 

Milestone One: Introduction

Milestones

In Module Two, you will submit the introduction. The final project requires that you analyze ITC LTD, a diversified company that has heavily invested in tobacco and cigarettes in India.

For Milestone One, you willintroduce the company in the case study, describing the important attributes of the company that should be examined when analyzing its consideration of social responsibility. How is the organization described in the case study?

What are its key attributes? What are its strengths and weaknesses? What do you see as its primary CSR issue? This milestone will be graded with the Milestone One Rubric.

Milestone Two: Analysis of Social Responsibility and Ethical Decision-Making

In Module Four, you will submit Sections II and III of the final project, which are the analysis of social responsibility and ethical decision-making.

As part the analysis of social responsibility, address the following issues: definethe primary stakeholders both internal and external, the organization's complianceto social responsibility, and gaps in social responsibility that may be potentialrisks to internaland externalstakeholders.

What might happen to the employees and/or people involved in the company regarding social responsibilityfrom this strategy plan? Consider both the present and future impacts. What may have influenced the evolution of strategyplanning related to social responsibility uniqueto this organization?

Explain how this organization is oris not consistent with regard to social responsibility when compared within its own industry and when compared to outside industries. Regarding ethical decision-making, examinehow the organization's strategy plan involves ethics in its decision-making process. How does the organization make decisions?

What were the ethical considerations related to social responsibility in the decisions made by the organization? How do ethics influence these decisions? Are thereany gaps in the decision-making process that could be considered potential risks to internal and external stakeholders? This milestone will be graded with the Milestone Two Rubric.

Final Submission: Final Case Study Analysis and Strategy Proposal

In Module Seven, you will submit the final case study analysis and strategy proposal. It should be a complete, polished artifact containing all of the critical elements of the final project.

It should include the information from the two milestones plus Section IV, Critique of Organization, and Section V, Revised Strategy Plan, making sure to reflect the incorporation of feedback gained throughout the course. This submission will be graded with the Final Project Rubric.

Attachment:- itc-ltd.rar

Reference no: EM131521423

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