Wednesday, May 6, 2020
Incorporating Ethics in HR Strategic Policies Case of Automobile Inc Study
Essays on Incorporating Ethics in HR Strategic Policies: Case of Automobile Inc Case Study The paper "Incorporating Ethics in HR Strategic Policies: Case of Automobile Inc" is a perfect example of a case study on human resources. Business firms and corporations that have incorporated ethics into their business strategies do not distinctly operate with the sole objective of making money (Hemingway, 2005). Ethics and good corporate citizenship are key determining factors that dictate the success or failure of any business organization (CIMA, 2010). They influence greatly on the firmââ¬â¢s reputation while also help in defining a working business model that will help the company to immensely performing even during unfavorable operating environments (Porter and Kramer, 2006). Different entities rely on firms for their well-being; suppliers, employees, customers, the local community and the society at large are the direct beneficiaries of the companyââ¬â¢s operations. The products and services produced or offered by the company are utilized by the mentioned entities. Howe ver, a company that does not adhere to ethics and corporate social responsibility is likely to negatively influence the environment in diverse ways (Hemingway and Maclagan, 2004).Companies founded on strong ethical policies that not only uphold the law but also add value to their brands have long-term prospects (Porter and Kramer, 2006). Further, firms with quality management information with regard to environment, social, and ethical performance; have the right tools for monitoring environmental and social impacts that company operations may cause (CIMA, 2010). Corporate communication and reporting, particularly on sustainability, must go beyond salaries and wages and implement the green agenda. Being ethical and socially responsible is not just the right thing for an organization to do: it is a critical factor for business success while ensuring its sustainability. This report discusses key strategic issues that must be addressed when preparing HR policies and plans. Using Automob ile Inc. as the case study, ethical issues, Corporate Social Responsibility (CSR), Values and Sustainability will be discussed.Incorporating Ethics in HR Strategic policiesAutomobile Inc. is a successful multination company that deals in car making (Porter and Kramer, 2006). Cross-Examination of this company has solidly revealed that its business operations are ingrained and embedded in strong ethical values. Solid ethical codes drive organizational strategies, business models, and decision-making processes (CIMA, 2010). The companyââ¬â¢s socially and environmentally ethical approach to business undertakings has ensured that the company has the ability to thrive and further become successful in the long run (Hemingway and Maclagan, 2004).
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