Social Performance in Organizations - Essay Example

Social Performance Social Performance Social performance, as used in many organizations, is defined as the translation of a corporation’s goals into something meaningful to the organization. These goals are in line with the social standing that exists in the corporations, or organizations. Social performance maintains the use of accepted social values to ensure that the corporation runs in the manner it should. Relationships that exist between employees and their employers are improved with the use of social performances in these organizations. The qualities of financial services that are present in the organizations are supposed to be improved. Customer relationships are often improved with the use of social performances as the use increases. Modern times have caused the use of such techniques in organizations to increase. This is since everyone is keen to be affiliated with progress in their respective corporations. What it aims at improving is seen with the poverty eradication schemes that it has enabled grow in the areas that it is in close proximity with. Social performance advocates primarily for the different functions that stakeholders, for example, the community present and employees of a company have at a specified time. Firms have specified their functions, and through rules and regulations, they can ensure that the organization’s standards are met. This paper will review the social performance of an organization. Also, how changes incorporated in the field could lead to improvements in the organization. Company name, the stakeholders present, and the roles they play. The company being dealt with is a security firm that deals in protecting high profile people. The role it plays ensures that whenever something important is happening in the city, the firm would be able to protect them, and ensure their safety. There are different ways in which these personalities’ security is ensured. When they do seek the services of this firm, they entrust it with their lives. This means that everything they do is handled by the firm from when they arrive, to when they decide to depart. Stakeholders are people interested in the dealings of a company or business entity (Cooper, 2004). These interests make them want to be part of the growth of this venture so that they get to benefit from it. The primary stakeholders in this firm are the people who find that they are directly affected by the actions carried out by the firm. In this case, the primary stakeholders are the persons in need of the security details. They are directly affected in that the actions the firm undertakes make them highly susceptible to positive and/or negative reactions (Cooper, 2004). The secondary stakeholders are not directly affected. However, they still take an interest at how the end results turn out on the projects the firm undertakes. They provide aid in the firm to assist in helping the primary stakeholders. In this firm’s case, the stakeholders are the money lending parties that are involved. They are able to lend money to the firm in order for the primary stakeholders’ safety to be safeguarded. This, in turn, leads to the growth of the firm as the profits they rake in seem to increase the firm’s credibility. Ways stakeholders can influence the destiny of the business The many ways that stakeholders can influence the destiny of this firm can be of significant importance. They can lead to the implementation of policies that may lead to the firm’s rise, or fall. Since the secondary stakeholders are the main players in the firm, it is highly likely that they would want to formulate policies that may only benefit them. When this happens, a firm can run the risk of being brought down due to greed. Whether or not these policies are implemented with the firm’s interests are heart is determined by the outcome. However, as a CEO, one should not wait until the company is run to the ground by its stakeholders. One should take a stand that advocates for the implementation of policies that may see the growth of the firm in attaining higher, different levels. It is imperative that the firm gets to realise this, and advocate for the betterment of the firm’s goals (Cooper, 2004). Formation of a plan to encourage stakeholders to form a coalition in the business As a CEO, the ability to create a plan that ensures the stakeholders invest in the firm’s projects. The forming of a coalition between the stakeholders and the management team can help improve the state of the firm. Thinking of a plan would be the first stage in ensuring the stakeholders are a part of the team. Creating and analysing the plan could be the next stage. This ensures that stakeholders have the capability, and capacity to understand the intended plan, and how it will benefit them, in the long run (Cooper, 2004). If the coordination of the plan would be perfect, then the firm’s goals may be realised. The firm could help the stakeholders be in a splendid place to help the firm’s growth. On the assistance that they could provide, the money they lend the firm could be increased. This could ensure the protection of clients is better and improved hugely. This is since there would be the presence of improved equipment, and a better organizational structure. These changes could make the success of the firm be nationally or internationally acclaimed. This considerable improvement could make the firm expand, and become one of the biggest security firms. This is not just in the city that the firm is firmly rooted in, but also the world. Challenges faced in encouraging stakeholders to form a coalition. There may be some challenges that may present themselves in the formation of a coalition. This is as with any firm, or any business entity present in the world that is making a name for themselves. Determining the long term objectives of the firm’s goals as stipulated can be frightfully difficult (Cooper, 2004). This means that the stakeholders bear all the cards in the running of the firm. The firm’s interests and wants can be pushed to the backburner if the firm is allowed to run by a few individuals. Another challenge that may arise here would be the changing of the firm’s targets into short term targets that would be achievable. Poverty eradication is one target that the firm would want to see eradicated. To ensure this is possible, the firm should start by thinking of smart policies that make more people benefit. Hiring of people to work in the firm as security personnel could be one such way of doing this. The social objectives can be achieved if the proper and right mind set is determined. In the event, this is done a lot more than poverty could be eradicated. Moreover, the firm could run into a challenge that affects many firms and organizations. This is failure to develop a system that is appropriate in measuring the available social objectives (Cooper, 2004). This failure may lead the firm fail to realise its target of performing proper social performance in corporations. Such challenges may prevent further development in the area this firm deals and associates in. In conclusion, the social performance that focuses on improving social responsibility in all corporate organizations should be recognised. This can push for the need to protect all the people that are involved in the running of these organizations (Cooper, 2004). Client protection can be improved tremendously. The promotion of gender equality is also something that is protected by all those in the organization. In social performance, the result is that, social and financial goals are inevitably met as an organization. This improvement in many organizations present in the world can ensure that many problems cease to exist. The resolving of some of the problems associated with corporations becomes easier. This is as the expertise grows in the social performance present. As more and more organizations embrace social performance in their respective dealings, the working environment could prove to be the changing point of many lives. This is both on the social and financial front. References Cooper, S. (2004). Corporate social performance: A stakeholder approach. Michigan: Ashgate Publishing Company. Read More