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Case study: Facing the Future - Essay Example

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Case Study: Facing the Future Table of Contents 1.0 Introduction 3 2.0 Critical Evaluation of the Impact of the Changing Business Environment Imperatives on the Ability of Organisations to Achieve Business Goals. 4 2.1 Corporate Social Responsibility 4 2.2 Crisis Management 9 2.3 Globalisation 9 3.0 Identifying and Evaluating Appropriate Management Responses to Changes In Future Scenarios 12 4.0 Critical Evaluation of the Impact on Organisations of Implementing Management Change to React To Environmental Change 15 5.0 Conclusion 16 6.0 References 17 7.0 Bibliography 20 1.0 Introduction The study is conducted regarding the changes in business scenario that may create challenges for an organisa…
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Download file to see previous pages There are various challenges that may be faced by the company in the three aspects of its business environment. The company may face huge challenges in its future from the strategies that it has been undertaken to fulfil its corporate social responsibility. In case of crisis management, the company has executed certain strategies to overcome the challenges but this may generate dilemmas in the changing business scenario of future. The globalisation strategies that have been developed by the company also may create challenges in near future. The study seeks to discuss about the role of managers in changing the entire management system to fulfil the aspects of changing business scenario. It also entails to discuss the impacts of changing management scenario on the company. 2.0 Critical Evaluation of the Impact of the Changing Business Environment Imperatives on the Ability of Organisations to Achieve Business Goals. 2.1 Corporate Social Responsibility Corporate Social Responsibility relating to the automobile industry entails to safeguard the social as well as ecological responsibility at the entire production site. The products of the automobile sector are connected to different aspects of social, environmental, health as well as safety. There are huge challenges that are faced by the automobile manufacturers in relation to their country. Beside fuel economy and emission of CO2, other key ecological challenges are furnishing vehicles by means of specific filters, strategies related to protection of climate, promoting fuel-efficient driving and recycling systems along with substitute method of car fuelling. The future success of the company is depended on the performance standard, safety as well as comfort in opposition to ecological challenges along with social challenges. The environment is calling for more environment-friendly cars in future after the crisis in the year 2000. Thus, for surviving within the market, the automobile companies are responsible to develop sustainable strategy (Visser & Et. Al., 2010). Ford Motor Company, for maintaining its sustainability in the business environment, has developed various strategies in relation to corporate social responsibility. The company tries to stabilise the climatic change by decreasing the release of greenhouse gas (GHG) and energy from operations. To lower the GHG emission, in their manufactured products they have developed flexibility as well as capability in accordance to the market conditions (Ford, 2008). There are five challenging factors of corporate social responsibility of Ford Motors in which the company has given prior emphasis. These are climate change, human rights, mobility, vehicle safety and sustainability (Munich Business School, 2010). The company has developed various strategies in relation to the five CSR activities. However, due to the limitations in strategy implementation, the company may face challenges with regards to contemporary business environm ...Download file to see next pagesRead More
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