22 May socially conscience organization.
Defining a socially conscience organization. By definition these are businesses that follow the law and at the same time engage in socially responsible behavior (Sims, 2003, p. 47). In addition, socially responsible companies deal with their major stakeholders in a responsible manner, when it comes to dealing with the communities where they operate companies strive for transparency so the communities where they operate know what is going on at all times. When it comes to the customers they serve, socially responsible companies place the customer at the center of what they do. Employees are treated with high standards of ethics, safety, and provided with proper opportunities for development. Lastly, companies invest a lot of efforts in operating in ways in which they cause the least damage to the environment.
Slide One
Group Introduction
Group Name The Walmart Corporation
Origins brief story
# Employees 2.3 million associates
Field retailer
Sales amount
Market Position leader
Serves 260 million customers (Walmart Corporation, 2016)
Slide Two
Mission statement “Saving people money so they can live better.”
Company vision “To be the best retailer in the hearts and minds of consumers and employees.”
Guiding principles “The Walmart Way”
Slide Three
Translating Mission and Vision into Strategy defining these terms according to Bhandari et al. (2013)
Explain how the mission and vision are translated into strategy using practical examples
Slide Four
Alignment between managerial tactics and the organization’s mission and vision.
Explain how the organization aligns management tactics with Walmart mission and vision statements using principles of the Walmart Way.
Slide Five
Walmart alignment through Corporate Social Responsibility & Corporate Culture
Slide Six
Walmart alignment through Personal Ethics & Leadership,
Slide Seven
Walmart alignment through followership & competitive advantage.
Slide Eight
Summary
Slide Nine References
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