Home > Free Essays > Business > Business Ethics > The Fortune “Change the World” List and Its Values
Cite this

The Fortune “Change the World” List and Its Values Essay


In the modern globalized business environment, many large international enterprises recognize social and environmental needs and aim to improve their impact. The Fortune “Change the World” list consist of such organizations which attempt to contribute to the collective well-being and reduce possible negative risks linked to various business operations. Apple, Microsoft, Nestle, Ikea, Walmart, and Airbnb are only a few of those remarkable enterprises that create shared value through innovation, charity, and conscious organizational practices. It is possible to say that by recognizing the companies’ achievements in the sphere of social responsibility, Fortune attracts international attention towards the most topical problems that exist in the world and also encourages organizational leaders to manage ethically.

Lately, the concept of “corporate social responsibility” became of great interest to both researchers and practitioners mainly because the public started to recognize that international trade, commerce, and manufacturing harm the environment and the communities where various business facilities are located. The fact that the companies began to perform fair HR practices, use green technologies, actualize ethical leadership, and participate in charity events shows that organizations now understand the urgency of the need for change. Moreover, many innovative entrepreneurs started to see the necessary process of global change as an opportunity to grow and achieve success.

By creating customer and social values through different ethical and innovation activities, companies can gain many benefits such as better brand perception, increased customer attraction, and greater profits. The renewal of organizational structures and product range, the incorporation of ethical standards in every corporate structure truly reflect the meaning of the Shared Value Initiative as they help to develop trustful relationships between the society and the business and allow customers and firms to meet their own needs without compromising each others’ interests.

This essay on The Fortune “Change the World” List and Its Values was written and submitted by your fellow student. You are free to use it for research and reference purposes in order to write your own paper; however, you must cite it accordingly.
Removal Request
If you are the copyright owner of this paper and no longer wish to have your work published on IvyPanda.
Request the removal

Need a custom Essay sample written from scratch by
professional specifically for you?

Writer online avatar
Writer online avatar
Writer online avatar
Writer online avatar
Writer online avatar
Writer online avatar
Writer online avatar
Writer online avatar
Writer online avatar
Writer online avatar
Writer online avatar
Writer online avatar

certified writers online

GET WRITING HELP
Cite This paper

Select a referencing style:

Reference

IvyPanda. (2021, January 12). The Fortune "Change the World" List and Its Values. Retrieved from https://ivypanda.com/essays/the-fortune-change-the-world-list-and-its-values/

Work Cited

"The Fortune "Change the World" List and Its Values." IvyPanda, 12 Jan. 2021, ivypanda.com/essays/the-fortune-change-the-world-list-and-its-values/.

1. IvyPanda. "The Fortune "Change the World" List and Its Values." January 12, 2021. https://ivypanda.com/essays/the-fortune-change-the-world-list-and-its-values/.


Bibliography


IvyPanda. "The Fortune "Change the World" List and Its Values." January 12, 2021. https://ivypanda.com/essays/the-fortune-change-the-world-list-and-its-values/.

References

IvyPanda. 2021. "The Fortune "Change the World" List and Its Values." January 12, 2021. https://ivypanda.com/essays/the-fortune-change-the-world-list-and-its-values/.

References

IvyPanda. (2021) 'The Fortune "Change the World" List and Its Values'. 12 January.

More related papers
Pss... Stuck with your
assignment? 😱
Support
Online
Pss... Stuck with your assignment? 😱
Do you need an essay to be done?
What type of assignment 📝 do you need?
How many pages (words) do you need?
What’s your deadline? ⏰ Let's see if we can help you!