WK 6 DB 2
Ahead of initiating work on this discussion discussion board,
· Review Chapter 18 out of your textbook, Utilized Psychology in Skill Administration.
· Review the article The Put up-Pandemic Work-Existence Initiatives In the end of Cultures: Ideas from Human Resource ManagementLinks to an exterior place..
· Review the article The Relationships Between Company Social Accountability and Skill Administration: An Diagnosis By Human Resources ManagementLinks to an exterior place..
· Check the Alex Edmans: The Social Accountability of BusinessLinks to an exterior place. video.
· This video defines corporate social accountability (CSR) and debates the explanation of exchange as effectively because the pros and cons of CSR.
In the video, Alex Edmans asks, “Why reside companies exist, to impress income (shareholders) or to abet a reason to society (customer, worker, and atmosphere)?” Take care of the next:
· Indicate what solution he came to and why.
· Notify about the model human helpful resource management would possibly per chance also peaceable rob towards organizational social accountability.
· Cite one accurate-life example of a firm enforcing social accountability that’s now now not talked about within the video or the route textbook. Be sure to be factual and to completely abet your solution.
Guided Response: Your initial response desires to be at the least 200 words. Reply to at the least two of your fellow college students’ or trainer posts in a substantive formulation and provide info or concepts that they would possibly also now now not dangle regarded as. Every response would possibly per chance also peaceable dangle at the least 100 words. Pork up your private home by the utilization of info from the week’s resources. You are encouraged to put up your required replies earlier within the week to promote more meaningful and interactive discourse in this discussion discussion board.
Answer 1
Answer from Eliseo Capellino
Why reside companies exist, to impress income (shareholders) or to abet a reason to society (customer, worker, and atmosphere)? Alex Edmans strategy to the next quiz changed into once “Certain”, it is some distance every. Edmans conducted a preserve watch over explore that took him four years and what he stumbled on changed into once that worker effectively-being causes just appropriate-searching efficiency. Based totally on TEDx Talks (2015), “Companies that deal with their workers better, reside better” (min 7:36). Edmans gave an example of Costco and the arrangement they pay better than the everyday firm and provide healthcare to 90% of its staff which in flip hire better other folks. This capability that Cosco profits earned over 2 billion dollars within the previous two years when this focus on changed into once given. Based totally on TEDx Talks (2015), Edmans acknowledged in his findings that “it takes the market 4 to 5years earlier than the advantages of worker effectively-being fully demonstrate up within the stock trace” (min 14:29). Based totally on TEDx Talks (2015), “Caring about society is now now not at the expense of income it supports income” (min 11:24). This would possibly per chance sound easy and fetch plenty of sense, however sadly there are peaceable companies with management teams which dangle now now not figured this out but,
The model that human helpful resource management would possibly per chance also peaceable rob towards organizational social accountability is that human resources would possibly per chance also peaceable be a strategic partner in exchange choices. Based totally on Bozma and Karcioğlu (2023), “Our outcomes demonstrate that the feature of human helpful resource management practices which dangle social accountability concerns is related to corporate social accountability and is a just appropriate instrument for talent management” (p. 1). Based totally on Bozma and Karcioğlu (2023), “The SR practices in HRM enable to play a more energetic feature in exchange processes and to amplify the loyalty of every staff and customers. The SR practices in HRM provide staff with a safe working atmosphere and better working conditions; HR insurance policies based fully fully on ethical recommendations, equality of different, and enchancment in worker requirements. They provide a revered and safe atmosphere for every inner and exterior stakeholders.” (p4). HR is excessive and would possibly per chance also peaceable rob an brisk feature with social accountability.
Starbucks is a firm that is enforcing social accountability by focusing on office diversity and Inclusion. Based totally on Digital Advertising and marketing Institute (2024), “With an seek to hiring, Starbucks wished to diversify its crew and provide alternatives for explain cohorts. It has pledged to hire 25,000 US navy veterans and spouses by 2025 as allotment of its socially responsible efforts. The firm has surpassed targets, hiring 40,000 veterans and spouses for the explanation that start” (par. 49). Based totally on Digital Advertising and marketing Institute (2024), “To variety out racial and social fairness, Starbucks presented a mentorship program to connect unlit, indigenous, and other folks of coloration (BIPOC) to senior leaders and invest in partnerships. The chain also targets to dangle BIPOC represented at 30% in corporate roles and 40% in retail and manufacturing by 2025” (par50).
Eliseo C.
Resources:
Bozma, Passable., & Karcioğlu, F. (2023). The relationships between corporate social accountability and talent management: An prognosis via human resources managementLinks to an exterior place.Links to an exterior place.. Trends in Exchange and Economics, 37(2), 81–90. https://doi.org/10.5152/TBE.2022.221832
Digital Advertising and marketing Institute. January 2, 2024.16 Brands doing Company Social Accountability Efficiently. 16 Brands Doing Company Social Accountability Efficiently | Digital Advertising and marketing InstituteLinks to an exterior place.
TEDx Talks. (2015. July 9). Alex Edmans: The social accountability of businessLinks to an exterior place.Links to an exterior place. [Video]. YouTube. https://youtu.be/Z5KZhm19EO0?si=K2gOPrA_37xcnQPTLinks to an exterior place.
Answer 2
Answer from Katrina Medlen
Alex Edmans
In his TEDx focus on, Alex Edmans challenges the aged leer that companies exist completely to impress profits. He explains that whereas income is critical, it desires to be a byproduct of serving a increased reason—whether that involves increasing quality products, caring for staff, or holding the atmosphere. Edmans illustrates his point by sharing examples like Marks & Spencer and Costco, the place focusing on worker effectively-being resulted in lengthy-term success. He argues that companies can set aside sustainable profitability by prioritizing these values over quick financial abolish. His research supports this, exhibiting that companies with solid worker effectively-being outperform others financially over time.
Edmans’ arrangement means that focusing completely on income can consequence briefly-termism and ethical pitfalls, whereas a reason-driven mindset permits companies to thrive sustainably. This perspective shifts the purpose of hobby from income as an discontinue purpose to income because purposeful, responsible exchange practices. By fostering a conference that values staff, customers, and society, companies can produce an enduring competitive advantage that aligns with the broader knowing of Company Social Accountability (CSR).
Organizational Social Accountability
Human Resource Administration plays a key feature in embedding CSR within an group. Bozma and Karcıoğlu (2023) demonstrate that Human Resource Administration practices linked to social accountability abet entice and preserve top talent. Workers most frequently have a tendency to be genuine and engaged once they peep their group actively contributing to societal just appropriate-searching. By integrating CSR into talent management recommendations, HR can fetch a piece atmosphere that aligns with the firm’s reason and staff’ values.
Additionally, Masood and Singh (2023) emphasize the need for HR to fetch culturally comfy work-life initiatives, especially within the wake of the pandemic. This involves idea and addressing the many wants of a world crew to promote effectively-being and steadiness. HR’s feature extends to increasing insurance policies that abet staff’ holistic wants, equivalent to versatile work arrangements and mental effectively being resources. This formulation aligns with Edmans’ argument that focusing on worker effectively-being ends in better exchange outcomes, suggesting that CSR and HRM would possibly per chance also peaceable work hand-in-hand to abet the group and its other folks.
Airbnb – Social Accountability
Airbnb items a solid example of social accountability with initiatives like its “Originate Properties” program, now allotment of Airbnb.org. This program gives free temporary housing to other folks tormented by natural disasters, refugees, and these desiring lodging for the length of scientific therapies (Airbnb, n.d.). By leveraging its platform to abet communities in crisis, Airbnb goes beyond merely facilitating leases to actively contribute to social just appropriate-searching. This dedication to helping susceptible populations demonstrates how companies can combine social accountability into their core operations, aligning with Edmans’ knowing that companies would possibly per chance also peaceable abet a reason beyond income. Airbnb’s actions demonstrate how companies can use their resources to positively affect society whereas peaceable being successful.
References
Airbnb. (n.d.). Opening homes in times of crisis with Airbnb.org. https://www.airbnb.com/resources/internet hosting-homes/a/opening-homes-in-times-of-crisis-with-airbnborg-286
Bozma, Passable., & Karcıoğlu, F. (2023). The relationships between corporate social accountability and talent management: An prognosis via human resources management. Trends in Exchange and Economics.
Masood, H., & Singh, P. (2023). The put up-pandemic work-life initiatives one day of cultures: Ideas from human helpful resource management. SAM Superior Administration Journal, 88(2), 64–74.
TEDx Talks. (2015, July 9). Alex Edmans: The social accountability of exchange [Video]. YouTube. https://www.youtube.com/peek?v=Z5KZhm19EO0
image1.png
- WE OFFER THE BEST CUSTOM PAPER WRITING SERVICES. WE HAVE DONE THIS QUESTION BEFORE, WE CAN ALSO DO IT FOR YOU.
- Assignment status: Already Solved By Our Experts
- (USA, AUS, UK & CA PhD. Writers)
- CLICK HERE TO GET A PROFESSIONAL WRITER TO WORK ON THIS PAPER AND OTHER SIMILAR PAPERS, GET A NON PLAGIARIZED PAPER FROM OUR EXPERTS
QUALITY: 100% ORIGINAL PAPER – NO ChatGPT.NO PLAGIARISM – CUSTOM PAPER
Looking for unparalleled custom paper writing services? Our team of experienced professionals at AcademicWritersBay.com is here to provide you with top-notch assistance that caters to your unique needs.
We understand the importance of producing original, high-quality papers that reflect your personal voice and meet the rigorous standards of academia. That’s why we assure you that our work is completely plagiarism-free—we craft bespoke solutions tailored exclusively for you.
Why Choose AcademicWritersBay.com?
- Our papers are 100% original, custom-written from scratch.
- We’re here to support you around the clock, any day of the year.
- You’ll find our prices competitive and reasonable.
- We handle papers across all subjects, regardless of urgency or difficulty.
- Need a paper urgently? We can deliver within 6 hours!
- Relax with our on-time delivery commitment.
- We offer money-back and privacy guarantees to ensure your satisfaction and confidentiality.
- Benefit from unlimited amendments upon request to get the paper you envisioned.
- We pledge our dedication to meeting your expectations and achieving the grade you deserve.
Our Process: Getting started with us is as simple as can be. Here’s how to do it:
- Click on the “Place Your Order” tab at the top or the “Order Now” button at the bottom. You’ll be directed to our order form.
- Provide the specifics of your paper in the “PAPER DETAILS” section.
- Select your academic level, the deadline, and the required number of pages.
- Click on “CREATE ACCOUNT & SIGN IN” to provide your registration details, then “PROCEED TO CHECKOUT.”
- Follow the simple payment instructions and soon, our writers will be hard at work on your paper.
AcademicWritersBay.com is dedicated to expediting the writing process without compromising on quality. Our roster of writers boasts individuals with advanced degrees—Masters and PhDs—in a myriad of disciplines, ensuring that no matter the complexity or field of your assignment, we have the expertise to tackle it with finesse. Our quick turnover doesn’t mean rushed work; it means efficiency and priority handling, ensuring your deadlines are met with the excellence your academics demand.
