Ethics In Social Institutions Case Study
Type of paper: Case Study
Topic: Company, Business, Workplace, Management, Employee, Manager, Community, Industry
Pages: 3
Words: 825
Published: 2020/12/02
The main reason for any individual or a group of people taking deciding to take a new venture is financial rewards that may arise. Most organizations have focused their attention on increasing the profitability that they have disregarded other important factors of consideration. There are many reasons that should drive formation of a business beyond the financial consideration. When a company is establishing a factory in a certain area, it should put into consideration the welfare of surrounding community. The new business will create employment to many locals and will act as an important source of their livelihood. It is important that the company leadership towards lifting the morale of its employees. This is possible by improving the working conditions such as clean working environment, proper and safety equipment. The payroll should reflect the work input of each staff member and eliminate underpayment. The management should ensure that employees are happier to work for the firm, and this would work in hand to increased productivity. Established companies should have a devised community outreach program that ensures they touch the lives of the locals in different ways. They may start education program to enlighten the youths of the surrounding area or even form a charitable home for the old to take care of the disadvantaged. The people will thus associate the business with positive results and are thus willing to invest.
Another factor considered in establishing an industrial plant is the environment and how the operations of the firm affect the surroundings. An industrial plant that emits pollutant gasses or one that has high noise pollution should have its establishment in a far location from a settlement. It is the effort of management to minimize the contamination. Establishment of plants near the area producing the raw materials will create a ready market for their goods.
A business model is an established method of doing business by which a company can attain its set objectives, financial or otherwise. INA Food Industries under leadership of Tsukakoshi adopted environment-strategy-structure-operations business model that is inclusive of all factors relating to the enterprise. The structure of the business was that it included all employees in decision-making processes where the manager made consultations before effecting a change affecting them. The basis of operations in the company was a well-established team relation as shown in the case where female employees would cook while male counterparts worked. The manager could sacrifice his salary in a bid to ensure all staff received their payments on time. The company created market for the locals who gathered seaweeds and were thus the suppliers to the industry.
The strategies depicted by this model include steady growth as opposed to a rapid growth. INA food industries had experienced a boom in demand and sales in 2005, arising from an Advertisement feature that showed medical benefits of using agar, which was their primary product. High demand resulted in more work for employees and thus very vast outsourcing. The company did not have skilled workers to advice on the new state, and it would have collapsed if the manager did not cut back on sales. The industry had a strategy of stabilizing prices to eliminate frustration they implicated on the confectioners, who were the biggest clients. The company worked with an aim of employee satisfaction as the primary strategy towards maximum performance. Operations included establishing a research center where skilled personnel make new product innovations to adapt to ever changing market. The manager also identified other sources of raw materials as a means of ensuring they never run out of that factor of production.
Interaction of INA Food Industries with its environment has raised attributes required of real business as shown by the resulting success. The company giving back to surrounding community depicts community service. It has constructed a park, food joints, and sightseeing locations. The community has shown appreciation through voluntary cleaning of the sites. The healthy interaction of all parties has led to support and thus development across the board. A business with a warm heart and compassion for the people is magnificent. Another characteristic is inspiration where the company engages all its associates in building the company. Improved working conditions and a pay that is relative to work did increase worker'shappiness, and they can deliver on their duties. Every employee gets a sense of ownership and is accountable for the performance of the company. The characteristic leadership depicted by the manager is unique. As opposed to other leaders who anticipate a quick growth, the directoradvocated steady growth. The administration concerned withworker's welfare and worked towards an entirely satisfied workforce.
In the position of Mr. Hiroshi, a manager should follow certain guidelines towards securing the company`s future. The manager should define the issues before making any decision. This will remove barring ideas and keep the focus on the problem-solving. There is an evaluation of options in cases where potential solutions are many, and thus choice of the best method. Implement decisions and monitor the progress of all proceedings within the organization. The new manager should retain some attributes shown by in the position of Mr. Hiroshi. They should take on the team mechanisms and improve employee satisfaction. This ensures maximum output for the firm and works for the greater good of the community.
- APA
- MLA
- Harvard
- Vancouver
- Chicago
- ASA
- IEEE
- AMA