Vikas

Strategic Plan

Strategic Plan Update I Resources: Environmental Scan from Week One, Kudler Fine Foods Virtual Organization Begin updating the strategic plan for Kudler Fine Foods. Based on the environmental scan you performed previously, perform the following: •Identify basic IT objectives.,Identify strategic plan options,Evaluate each option in terms of how well it aligns with current and business objectives.
Write a 700-word, APA-formatted draft of the initial part of the strategic plan including a revised organizational mission, vision, and values statement. What objective is Kudler Fine Foods hoping to accomplish with this new direction? What technologies could be implemented to help accomplish this new direction? The focus in this draft must be on aligning grand and generic business strategy with mission and values

    Unethical decisions are easy to make because it is the easiest or quickest way to decide.  People take decision based on situations and what they think is right.  Ethics require self control, and it is more than doing what one must do. It's doing what we should do. Sometime we don’t do what we want to do even if we act honorably, ethics requires self-control. Depending on personal ethical values, people making their choices.  Algorithm developed by Williams Institute is way to assist people and direct them in the path of making ethical decisions. The algorithm includes a number of features that influence our decision on other people. Algorithm is a tool that will help in deciding, as how and what should be the approach to make ethical decision. 
Ethics are the moral responsibilities of organization and what is expected of the organization internal and their external environment.  Each employee should understand and follow Code of Ethics and make good ethical decisions. Employee should encourage honest and ethical conduct and should fairly handle conflict of interest.  Company should define its core values by which they do business.
Pearson and Robinson (2004) stated “central to the belief that companies should be operated in a socially responsive way for the benefit of all stakeholders is the belief that managers will behave in an ethical manner” (p. 60). Unethical behavior does take place in an organization even if they have a plan and ethical guidelines in place. This is seen in events like Enron, WorldCom, and Bernie Mad off scandals in which unethical behavior is used. Employees in a management position, have an obligation to do what is right for the sake of their customers, industry, and to help maintain the company- image and reputation. When this fails to happen, the owners and board of directors must take the appropriate action against those individuals, and set an example but to make the point that unethical behavior is not acceptable. To minimize the possibility that similar atrocities will occur, the Sarbanes-Oxley Act of 2002 needs to mandate Chief Executive Officers (CEO) and Chief Financial Officers (CFO) to take responsibility for reports generated and to acknowledge that the information included in the reports are true and accurate to the best of their knowledge. If the information is not true or is fraudulent, both have a responsibility to report the findings to auditors.
Like ethical behavior, “social responsibility is a critical consideration for a company- strategic decision makers” (Pearson & Robinson, 2004, p. 23). Owners need to ensure that they hire managers who will carry out their wishes and be the voice in their absence instead of managers who will protect their self-interests. Decisions made by management have to be aligned with the beliefs of the owner and the company- stakeholders to guarantee profitability and survivability. To encourage managers to make appropriate and ethical decisions, company should provide have an incentives program in form of bonuses, appraisal, and recognition. Stakeholders will hold managers accountable who receive performance incentives. Stakeholders include stockholders who want a good return on investment, employees seeking job satisfaction, satisfied customers and suppliers, governments seeking law abiding companies, competitors seeking strong competition, responsible citizens and the public seeking a good quality of life (Pearson & Robinson, 2004). Outside of being accountable to owners and the business, managers also have to select the ethical approach that will ensure the consumer the best service at a reasonable cost. Regardless of the approach selected, consistency is important as not to send a signal of injustice and consistency allows companies and individuals to reach their end-state goals without any wastage of time and money.
Ethics and ethical behavior is a very important part of conducting business and in how the approach is taken and perceived. This program reemphasized the importance of ethics and how it affects people thinking about ethical issues.
Being a part of a team during each MBA class was a very good test of ethics, beliefs, and the ability to display patience and understanding toward other people. Some team members had little respect and showed disregard for others or their feelings. Although assignment completion was the most important aspect, some members had to be trained on writing abilities, communication, or personal skills. As a team each individual has a preference to make decisions, weather it is was right or wrong is a questionable.
A major source of failure in most team assignments as well as collaborative projects within an organization is usually because of lack of admiration for individual judgment. Respect for individual judgment was evident in the Assessment of Ethical Choices in the Workplace (2011). When teammates acknowledge the judgment of others, they encourage open communication, build trust, and promote cohesiveness that could potentially prevent unethical behavior from occurring. With an ethical profile closely aligned with character is an asset when trying to judge others (University of Phoenix, 2011).
When businesses follow proper ethics, the individuals will follow the same practice. Business and its employees are successful only if they have intention to remain ethical and socially responsible for their conduct. The ethical and social decisions made have to support the better good of the organization or society and every effort should be made to call attention to and reject improper behavior.

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02 Feb 2016

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  1. Vikas

    Strategic Plan

    The strategic plan so devised takes into account m ****** ******
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