Corporate Social Responsibility Role in Operations Management Report

Exclusively available on Available only on IvyPanda® Made by Human No AI

Overall, such a notion as corporate social responsibility (CSR) can be understood as the liability of an organization to its major stakeholders, in particular, clients, employees, and investors.

Furthermore, this concept can be used to describe the efforts of a company to increase the social, environmental, and economic benefits of their activities. These are the main interpretations that can be offered. CSR incorporates such elements as accountability of the management, safety of clients and employees, environmental protection, compensation, and quality control.

It is possible to single out five things that I would implement in order to implement the principles of CSR. First of all, I would focus on quality control of products and services. This initiative can improve the experiences of customers; moreover, it can help the company increase its profitability. So, this investment will be justified.

Secondly, I will implement a performance-appraise system that can take into account the contribution of every worker. Moreover, it may be necessary to raise the compensation of some employees. Although, this approach may increase the running expenses of the company, but it will help this organization retain the most talented staff. Thirdly, one should focus on the adoption of eco-friendly technologies. The main advantage of this policy is that it can give the company a technological edge.

Additionally, this strategy can reduce the impact of the company’s activities on the environment. Apart from that, it is critical to focus on the risk management in the organization. This emphasis is important for eliminating the threats to the life and health of workers. Finally, the management should select those suppliers that can deliver only high-quality raw materials or component parts.

These elements of corporate social responsibility are compatible with the financial interests of a business. Researchers emphasize that “operations managers are at forefront of trying to balance any costs of CSR with any benefits” (Slack, Chambers, & Johnston, 2010, p. 643). So, one should not suppose that the development of the company is not compatible with the principles of CSR.

There are several important quotes that can throw light on the importance of operations management. It is possible to refer to the following quote, “Continuous improvement, as the name implies, adopts an approach to improving performance which assumes many small incremental improvement steps” (Slack et al., 2010, p. 382).

This statement is important because it suggests that companies may not achieve significant changes within a relative short time. More likely, the management should focus on a set of small initiatives which eliminate various inefficiencies. However, this strategy can help a company to improve its organizational performance in the long term. These are main benefits of adopting this strategy.

Additionally, one can also examine the following quote, “It is not necessarily the failure itself that leads to dissatisfaction but often the organization’s response to the breakdown” (Slack et al., 2010, p. 594). This statement is also important for the managers. They should keep in mind that businesses cannot be insured against possible mistakes.

The main pitfall is to remain indifferent to these problems. Some companies choose to turn a blind eye to the problems that they encounter. As a result, many businesses are not able to retain the clients. These are the main details that should be considered by the management in order to improve the performance of a business and ensure its long-term sustainability.

Reference List

Slack, N., Chambers, S., & Johnston, R. (2010). Operations Management. Harlow, England: Financial Times.

More related papers Related Essay Examples
Cite This paper
You're welcome to use this sample in your assignment. Be sure to cite it correctly

Reference

IvyPanda. (2019, February 7). Corporate Social Responsibility Role in Operations Management. https://ivypanda.com/essays/operations-management-7/

Work Cited

"Corporate Social Responsibility Role in Operations Management." IvyPanda, 7 Feb. 2019, ivypanda.com/essays/operations-management-7/.

References

IvyPanda. (2019) 'Corporate Social Responsibility Role in Operations Management'. 7 February.

References

IvyPanda. 2019. "Corporate Social Responsibility Role in Operations Management." February 7, 2019. https://ivypanda.com/essays/operations-management-7/.

1. IvyPanda. "Corporate Social Responsibility Role in Operations Management." February 7, 2019. https://ivypanda.com/essays/operations-management-7/.


Bibliography


IvyPanda. "Corporate Social Responsibility Role in Operations Management." February 7, 2019. https://ivypanda.com/essays/operations-management-7/.

If, for any reason, you believe that this content should not be published on our website, please request its removal.
Updated:
This academic paper example has been carefully picked, checked and refined by our editorial team.
No AI was involved: only quilified experts contributed.
You are free to use it for the following purposes:
  • To find inspiration for your paper and overcome writer’s block
  • As a source of information (ensure proper referencing)
  • As a template for you assignment
Privacy Settings

IvyPanda uses cookies and similar technologies to enhance your experience, enabling functionalities such as:

  • Basic site functions
  • Ensuring secure, safe transactions
  • Secure account login
  • Remembering account, browser, and regional preferences
  • Remembering privacy and security settings
  • Analyzing site traffic and usage
  • Personalized search, content, and recommendations
  • Displaying relevant, targeted ads on and off IvyPanda

Please refer to IvyPanda's Cookies Policy and Privacy Policy for detailed information.

Required Cookies & Technologies
Always active

Certain technologies we use are essential for critical functions such as security and site integrity, account authentication, security and privacy preferences, internal site usage and maintenance data, and ensuring the site operates correctly for browsing and transactions.

Site Customization

Cookies and similar technologies are used to enhance your experience by:

  • Remembering general and regional preferences
  • Personalizing content, search, recommendations, and offers

Some functions, such as personalized recommendations, account preferences, or localization, may not work correctly without these technologies. For more details, please refer to IvyPanda's Cookies Policy.

Personalized Advertising

To enable personalized advertising (such as interest-based ads), we may share your data with our marketing and advertising partners using cookies and other technologies. These partners may have their own information collected about you. Turning off the personalized advertising setting won't stop you from seeing IvyPanda ads, but it may make the ads you see less relevant or more repetitive.

Personalized advertising may be considered a "sale" or "sharing" of the information under California and other state privacy laws, and you may have the right to opt out. Turning off personalized advertising allows you to exercise your right to opt out. Learn more in IvyPanda's Cookies Policy and Privacy Policy.

1 / 1