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Social Responsibility Role in the Business Success Research Paper

This is a theory or ideology that states an individual, manager, has the obligation to perform actions that are of benefit or profit to the society as well as the organization.

While ethical responsibility has it that an individual ought to be a good citizen, social responsibility has its focus on the individual being a good organizational citizen.

Social responsibility has tended to be vital for the success of an organization such as businesses proving to be critical in increasing the total profits generated.

Friedman Kinicki argues that organizations need to have placed their focus on profit generation rather than on social responsibility. (Kinicki, 2009)

He argues that if focus is drawn to social responsibility, the organization will have been distracted from its real purpose- profit generation.

Paul Samuelson argues that for firms to be effective they need to be concerned with the social responsibility as well as the corporate profits. His view that organizations have profound effects and influences in the society-for example they can bring about the problems of pollution-they should step in cases of averting these negative influences they create.

Focusing attention of such organs as the government, organizations or individuals on social responsibility has a positive influence on the society, development and business (Kinicki, 2009).

Get your 100% original paper on any topic done in as little as 3 hours Learn More In today’s competitive world smart business decisions not only are aimed at attaining maximum profits but are also concerned with having a comfortable and satisfied consumer population. Decision makers are having now under their objectives, the impacts of policies they formulate today have on the tomorrow’s choices. Jeb Emerson argues that organizations do not have to choose either social responsibility or profit generation (Kinicki, 2009).

They can have it both ways whereby he terms this idea as blended value where the firms’ investments are operating both on the social and economic realms (Kinicki, 2009). Sustainability and philanthropy are issues that are inked to social responsibility. Sustainability is described as development that enables the current generation to meet its demands without compromising the ability of the future generations to access and utilize the resources.

Philanthropy is concerned with the goodwill of the corporations to give charities that are aimed at improving the living standards and betterment of humanity (Kinicki, 2009). Social responsibility is the general view of the mangers that will ensure that its organization has a steady clientele. Customers tend to build trust on the firms that bear social and ethical responsibilities even if it means that they will have to spend more.

Records of poor social and ethical responsibility as well will have negative impacts on the total profit generated. Consumers prefer association with organizations that they consider to be ethical and well organized. It is up to a particular firm to identify the ethical standards of its target consumers and formulate policies that align with them. Honesty and good citizenship enhance the profitability of the respective firms as well consumers’ need. (Kinicki, 2009)

Conclusion In the recent past consumer have been frustrated by fraud accusations of firms and managers. The quality of services and goods offered by the respective companies as well as the procedures indulged in procuring them by the consumers have the monopoly of dictating and shaping the consumer attitudes. These factors determine the social responsibility of particular firms, which they have to satisfy in order to be successful in the society.

Reference Kinicki, A. (2009). Management a practical introduction, fourth edition. Tucson, Arizona. Arizona State University Press.

Memorandum: Findings and Principles of Management Essay

Nursing Assignment Help Table of Contents Introduction

Division of Work

Authority and Responsibility

Discipline

Unity in Chain of Command, Unity of Direction

Employee Related Principles

References

Introduction My advice to management on human management emanates from inspiration by the need for efficiency within the work force and at the same time promoting harmonious coexistence among colleagues. The functions of human resource management which include planning, organizing, directing, staffing and controlling require an approach that best serves the interest of the organization and individual members of staff.

It is, therefore, the organization’s best interest to adopt and apply the findings and principles of management as put across by the father of management, the French engineer Henri Fayol (1841- 1925). His study and practical experience as an engineer and later as director of a mining company that employed over thousand workers reflected the relevance of his works.

Division of Work To begin with, the company should delegate different duties and obligations to different people who bear the necessary qualifications to perform that particular kind of work. This division of work aims at getting the best out of specialization.

Fayol argues that specialization brings out the best of every individual in the organization by limiting the level of responsibility such that they are able to concentrate on a particular area of work. Adoption of a system that shall allow all workers- including the managers to perform specific roles that do not have ambiguity of responsibility, and at the same time promotes improvement of particular skills to enhance individual and corporate productivity is important.

Authority and Responsibility Authority should be given to employees that hold positions that command the necessity for the same. This gives them the power to give appropriate commands, besides creating the relevant professional confidence that is required when dealing with people. By giving managers and supervisors authority, the company will not only delegate powers to them, but also give them responsibility. They are therefore obliged to perform as expected to meet this responsibility.

Discipline For authority to be effective, discipline should be emphasized within the workforce. This calls for personal responsibility on the part of the management and the workers with respect to adherence to work ethics (Sumon, 2010). Juniors are expected to obey their bosses, and everyone is expected to respect the rules and regulations that govern the organization.

Unity in Chain of Command, Unity of Direction In addition, there should be unity in the chain of command. Orders and instructions that flow to the employees should follow a particular channel which is in agreement. There should not be contradictions as they would lead to misinformation and confusion of the workers. This principle is further fortified by the adoption of the one on unity of direction.

Get your 100% original paper on any topic done in as little as 3 hours Learn More This requires that specific departmental functions to be under a specific leadership. Co-ordination of activities is demystified, and harmonious collective responsibility for the individual department is enhanced (Witzel, 2003).

Employee Related Principles Employees’ interests should come after those of the company. Sensitization of the work force about the importance of this principle will ensure that they do not compromise the achievement of the company’s goals in pursuit of their own. Achievement of the firm’s interest forms the basis of the employees’ work ethics and loyalty ratings.

The firm should ensure that employees have security of tenure and that they get fair pay for their work. When sure of their jobs’ safety and getting what they deserve for their efforts, workers are motivated to be more productive. Management should also encourage and be receptive to employees’ initiatives that are congruent to the company’s interests.

Equity among employees is also crucial- management should not show favoritism among some employees as this would instigate animosity. This would foster and uphold the teamwork that Fayol described as Esprit de Corps principle. The company stands to gain from the implementation of these principles since they are not only relevant, but also crucial to the effective attainment of its goals. Implementation of what has not been adopted and strengthening what has is therefore beneficial (Daft, 1983).

References Daft, R. (1983). Organization Theory and Design: West Series in Management. London: West Publishing Company.

Sumon, A. (2010). Henri Fayol’s 14 Principles in Management. Web.

Witzel, M. (2003). Fifty Key Figures in Management. New York: Routledge Publishers.

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