Answer To: Assessment Information COMMONWEALTH OF AUSTRALIA Copyright Regulations 1969 This material has been...
Ashmita answered on Sep 29 2021
Slide 1
FOOD HEALTH AND SAFETY
Introduction
Strategic management of a business organisation involves framing of business objectives and goals and ensuring proper implementation by the steps undertaken by the top management (Ansoff et al., 2018)
The decisions are taken on the grounds of available resources and internal and external assessment of organizational environment.
The ethical aspects of business uphold the value of integrity and honesty of an organisation while conducting its activities for meeting the objectives (Becker, 2018).
In this presentation, the case studies of three separate organisations are taken into consideration.
DeGrandis Running Shoes
Commentary
The project of DeGrandis has garnered much attention from the shoe lovers across the world; however, it fails to align with the strategic management since the board of directors does not favour association with the Chinese manufacturing firm that supports child labour(Noe et al., 2017)
The ethical standards of the organisation that are clearly explained in the code of conduct focusing onthe prohibition of child labour is violated
The project team released a new product in the market that escalated the sales by $5million. Despite the huge success, the strategic management of DeGrandis does not permit company success at the cost of child labour (Hill, 2017). The ethical standards are not complied by the project team.
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DeGrandis Running Shoes
Project Performance Scorecard
Dimension Score
Stakeholders 7/10
Project process 7/10
Innovation 8.5/10
Quality 7.5/10
Uses 7.8/10
Benefits 8/10
The stakeholder score suggests an assessment of the issues related to stakeholders (Hansen & Schaltegger, 2016). The score of project process is also more than a moderate level. The underlying reason for the hike in sales of the newly released shoe is the innovation. From the scorecard it can be noted that the shoe in highly innovative, which has successfully managed to gain the interests of customers around the world. The usage of the product is high and the benefits are also impressively high.
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DeGrandis Running Shoes
Conclusion
It can be concluded that a private shoe brand such as DeGrandis, in spite of having distinct code of conduct, does not abide by them.
The strategic management is also not taken into consideration while manufacturing the shoe from the Chinese manufacturer.
The strategic management of DeGrandis, in general, seeks to push up the level of sales, thereby, positively impacting the profit margin (Hitt & Duane Ireland, 2017). However, the measure adopted by the project team to associate with the Chinese manufacturing firm who has child labour is an ethically incorrect stand. The board of directors of the organisation is not happy about the measure undertaken by the project team, irrespective of the product success or failure.
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DeGrandis Running Shoes
Recommendation
In recommendation, it can be stated that the project team must always consult with the board of directors at the initial phase of the project.
The directors understand what is best and beneficial for the organisation and would not have allowed breaching the code of conduct.
The Board of directors is more concerned about the company success, in a holistic manner. The error committed by the project team out of excitement to launch an innovative product in the market has completely gone against the strategic management (Torchia, Calabrò&Morner, 2015). The initiative has also severely failed to align with the ethical norms of the organisation. The Board of Directors, in this context, is very particular and would have associated...