Ets1 Task 1 Essay

866 words - 4 pages

Company Q is limited by their leadership's focus on the ledger sheet at the expense of participation in the arena of social responsibility. As a company they demonstrate disregard for several groups of important stakeholders. Company Q is not a good corporate citizen evidenced by their denial to donate day old food and products when requested by the local food bank. Company Q does not have engaged employees; they fear potential fraud and theft in the handling of potential donations by their staff. Their decision to two close money losing store in higher crime areas of the city further reduces their public relations status in those areas, especially when factoring in job loss to the local ...view middle of the document...

The donations of goods to local food banks will benefit the company by demonstrating good corporate citizenship to local customers and the local government officials in the area. The donations are still tax deducible and combined with good marketing Company Q can increase their client base and profitability. The company can use the newly engaged and energized employees to assist with community these outreach efforts by formalizing the donation process and creating a policy providing paid time off for hours spent volunteering at local food banks. This change will engender trust between management and employees. The entire organization of Company Q can be involved in their community efforts and with leadership and staff working together they have the opportunity to become a stronger company.

The second recommendation is for the company leadership to create a strategic plan for poor performing stores and stores in poorer sections of the metropolitan area. Many major cities have seen a cycle of some poor areas being re-invigorated by investment while previously middle class areas decline as the economy and populations of metropolitan areas change. Having such a plan in place will allow then to be proactive with their business decisions. The local needs of the community will be served by having a small local grocery chain being prepared in case the needs of the area change. This will allow them to potentially re-open their closed stores or open new locations in the areas they no longer serve. Another benefit to Company Q in doing this is they will have a plan in place for the future. Company Q's location in a metropolitan...

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