Analyze the potential benefits and risks of the strategic planning of an organization for ensuring organizational effectiveness

business

Description

I need help with my school project for OL 326 Social Environment of Business. The project is based on ITC LTD: Toward A Triple Bottom Line Performance article by Abhay K Ojha.

OL 326 Final Project Guidelines and Rubric


Overview

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

Social responsibility is an ethical philosophy that suggests an individual or a group of individuals, such as an organization, has an obligation to act for the benefit

of society at large. Corporations in any industry have experienced change in corporate social responsibility (CSR) due to both internal (employee) and external

(customer, regulatory agencies, environmental) influences. These influences require leaders to better educate themselves and the organization on their strategy

in regard to CSR.

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

The project is divided into two milestones, which will be 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 your mastery 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 effective application of social responsibility
  •  Analyze the potential benefits and risks of the strategic planning of an organization for ensuring organizational effectiveness
  •  Develop strategic plans that appropriately draw from modern principles of social responsibility and are substantiated by evidence
  •  Assess the ethical implications of real-world issues and problems in corporate social responsibility from multiple perspectives


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 determine the impact they have on the social responsibility of the company. You will examine the impact this

has on the internal and external stakeholders of the company, as social responsibility impacts them the most. Then, you will devise a revised 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 other words, 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 your analysis of the case study, examining how the strategic plan of the

organization in the case study considers social responsibility.

a) Analyze the organization’s strategic plan for compliance with the current acceptable standards or norms relative to social responsibility today.

b) Analyze the organization’s strategic plan for any gaps in social responsibility that might be potential risks to internal and external stakeholders.

c) Predict the potential positive and negative impacts on internal and external stakeholders regarding social responsibility that would result from

the strategic plan. In other words, what might happen to the employees and/or people involved in the company regarding social responsibility

from this strategic plan? You could consider both the present and future impacts.

d) Critique the evolution of strategic planning related to social responsibility within the organization. In other words, what may have influenced the

evolution of strategic planning related to social responsibility unique to this organization?

e) Explain how this organization is or is not consistent with regard to social responsibility when compared within its own industry and when

compared to outside industries. Be sure to justify your response.


III. Ethical Decision-Making: In this part of the project, you will continue your analysis of the case study, examining how the strategic plan of the

organization considers ethics in decision-making processes.

a) Analyze the organization’s strategic plan for the decision-making processes that it employs. In other words, 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 other words, what were the ethical

considerations related to social responsibility in the decisions made by the organization? You could consider the connection between ethics and

organizational decision making and how ethics influence those decisions.

c) Analyze the organization’s strategic plan for any 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 continue your case study analysis, critiquing the organization regarding how it considers

social responsibility and how its processes have been influenced internally and externally.

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

organization.

b) Compare the components chosen pertaining to the organization with other organizations with similar or different strategic components.

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 strategic plan and compare them with other relevant organizations (in particular, the same industry) to

determine if these risks 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 utilize the case

study and your previous analysis to develop a new strategic plan for the organization addressing its social responsibility.

a) Develop a revised strategic plan for the 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 your revised strategic plan. In other words, how did

you account for the internal and external influences that affected the first strategic plan in the development of your revised strategy plan?

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

revised, explain why.


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