This article discusses Dell’s commitment to social and environmental good, culture, and stakeholder management practices. It also covers the impact of external factors on the company’s operations and how Dell makes customers its brand advocates.
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1 Dell’s Ethics and stakeholder management Name: Institutional affiliation:
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DELL’S ETHICS AND STAKEHOLDER MANAGEMENT2 Dell’s Ethics and Stakeholder Management As stipulated in the vision statement, Dell company sole purpose is to collectively welcome the learning and sporting situations of the Dell EMC executive challenge to maximize the performance of the team and enhance the outcomes of people who are less fortunate in the society (Ofori, D. 2010).The company intends to come up with solutions that are meaningful to challenges experienced by partner charities which will raise the operations efficiency while growing the benefits that can be offered to the disadvantaged society members. For the 2016 challenge, the company stated that the “#resilience project and learning” will offer insights on the way the practice and procedure will result in benefiting both the organization and people on work base and personal level. In day to day operations, dell is combining innovation and technology to develop a positive environmental and social impact. The company commits itself to exercising its expertise and technology to do the best for people and the world at large, rendering what was impossible yesterday possible today (Xu, K., & Li, W. 2013). All dell team members share the determination as being and a reputable company, it is the ideal thing to do but it is also good for the business. Dell is creating value for its clients, partners, and employees as it drives social and environmental good to the society. The organization is aware that its culture is important as regards how business is run, they to access the market and the approach to lead each other. It is a description of what the company is concerned off and a thing that it plans to invest in and the regulations that guide the entire entity as a team (Altuna, N., et. al., 2015). The company’s culture has long been defined by its strong and stern value and to realizing the real day to day business practices. The culture that has
DELL’S ETHICS AND STAKEHOLDER MANAGEMENT3 been established is what has anchored the achievements made so far and the future success of dell. Numerous factors were making customers delay in buying new computers during the early 2000s. The 2001s September eleven terrorist attacks deterred consumer confidence which was already declining. By the last months of 2002 increasing unemployment and likely way with Iraq overly exacerbated the average outlook of consumers. These conditions also lead to a short- term slowdown in technology’s expenditure as organizations paused for better times (Champlin, D., 2018). In regard to a number of different analysts, the year 2000 wave led to purchases of new equipment from Dell and also the availability of quality used gadgets from bankrupt companies resulted in a negative impact to the corporate market. Dell has been environmental safety conscious as it is committed to ensuring that green gas emission is reduced hence reduction in the rate of global warming which will have a positive impact on the climate change. They do so by making it possible for its employees to work at home, thus reduction of fuel burning when commuting from home to work and vice versa. The company has least impacted the political sector as its operations are free from political and purely associated with economy and technology developments. Dell is exemplary performing on both dimensions of the social contract. Discussed below are reasons why the company is more social than any other entity globally. It is a passionate and social listener company. It uses sentiment analysis point on issues with their products and brand to proactively address consumer support issues (Courtney, J., 2011). They follow consumer trends for possible R&D benefits. It also examines technology social stream to always get information on competitor activities and impact.
DELL’S ETHICS AND STAKEHOLDER MANAGEMENT4 The company makes customers its brand advocate. Strengthening customer relationship is among the key priorities so that they become dell’s advocates. Through use of social-media platforms, the company thanks its customers publicly for purchasing Dell products. It then goes ahead to identify technology influencers and nurtures them to make them feel like they are part of Dell. The advantage of developing brand advocacy is that clients advertise the company via word of mouth and they volunteer in helping fellow customers. Dell executives are social as well since they believe executive sponsorship is important. Apart from executive supporting Dell fashion team, they also exercise executive participation. The community of deal is active and engaged. Not many companies can make such a claim. When threats to tarnish Dell’s name arises, its community has several come to passionately defend the company over such doggy issues.
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DELL’S ETHICS AND STAKEHOLDER MANAGEMENT5 References Altuna, N., Contri, A. M., Dell'Era, C., Frattini, F., & Maccarrone, P. (2015). Managing social innovation in for-profit organizations: the case of Intesa Sanpaolo.European Journal of Innovation Management,18(2), 258-280. Ofori, D. (2010). Executive and management attitudes on social responsibility and ethics in Ghana: some initial exploratory insights.Global partnership management journal,1(1/2), 14. Xu, K., & Li, W. (2013). An ethical stakeholder approach to crisis communication: A case study of Foxconn’s 2010 employee suicide crisis.Journal of Business Ethics,117(2), 371-386. Courtney, J. F. (2011). Decision making and knowledge management in inquiring organizations: toward a new decision-making paradigm for DSS.Decision support systems,31(1), 17- 38. Champlin, D. (2018). Toward an ethics of corporate restructuring.International Journal of Social Economics,25(9), 1353-1366.