Corporate Social Responsibility and the Impact on Business Growth: A Case Study on Nike
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This study examines the impact of corporate social responsibility (CSR) on the growth of Nike, a multinational corporation. It explores CSR models, benefits, drawbacks, and the integration of CSR with business growth. The study also recommends ways for Nike to ensure business growth through CSR activities.
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CORPORATE SOCIAL RESPONSIBILITY AND THE IMPACT ON BUSINESS GROWTH: A CASE ON NIKE
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TABLE OF CONTENTS ABSTRACT.....................................................................................................................................3 ACKNOWLEDGEMENT...............................................................................................................5 CHAPTER 1: INTRODUCTION....................................................................................................6 1.1 Background of study..............................................................................................................6 1.2 Overview of the organisation.................................................................................................8 1.3 Aim, Objectives and Questions..............................................................................................8 1.4 Rationale of study..................................................................................................................9 1.5 Significance of Study.............................................................................................................9 1.6 Scope of the study..................................................................................................................9 1.7 Structure of Dissertation......................................................................................................10 CHAPTER 2: LITERATURE REVIEW.......................................................................................12 2.1 Introduction..........................................................................................................................12 2.2 Concept of CSR and model of CSR.....................................................................................12 2.3 Benefits and drawbacks link with CSR activities of the firm..............................................17 2.4 Integration between CSR and business growth...................................................................20 CHAPTER 3: RESEARCH METHODOLOGY...........................................................................25 Introduction................................................................................................................................25 Research Philosophy..................................................................................................................25 Research approach....................................................................................................................26 Research type............................................................................................................................26 Sampling....................................................................................................................................27 Data Collection..........................................................................................................................27 Data Analysis.............................................................................................................................28 Reliability and Viability.............................................................................................................29 Ethical consideration..................................................................................................................29 CHAPTER 4: RESULTS AND FINDINGS................................................................................30 CHAPTER 5: DISCUSSION.........................................................................................................48 CHAPTER 6: CONCLUSION AND RECOMMENDATION....................................................53 Recommendation.......................................................................................................................55 REFERENCES..............................................................................................................................58
ABSTRACT Corporate social responsibility is an emerging aspect of business work which governs responsible business practices.CSR focuses on managing sustainability in three aspects that is economic, social and environmental. Corporate sustainability is a type of self-regulation which governs activities of international private business. In accordance with CSR policies and practices, it is important for the organisations to focus on direct philanthropic giving, economic responsibility, sustainable initiatives and ethics business practices. The study was specifically focused on outlining impact of corporate social responsibility on growth of business that is Nike. Nike is an American multinational corporation which is engaged in the design, development, manufacturing, and worldwide marketing and sales of footwear, apparel, equipment, accessories, and services. Further objectives of study were to outline integration of CSR policies and practices within existing business strategies to manage growth in particular span of time. Also, objective was to derive implementation of CSR activities within 2 months of time to determine positive impact of responsible practices on existing business strategies. In contrast, focus of research was to improve the profitability of an organization after integrating and implementing CSR activities within existing strategies of business. In accordance with the study it has been found out that Nike have faced many ethical and sustainability issues because of lack of focuses on responsible internal management. The organisation faced critique for its designed product that is Balaclava because its marketing and type of design. The was argued for promoting gang violence in society as it marketing resulted in promotionofGang cultureandViolence.On theotherhand, researcharticulatedabout sustainable initiatives by Nike to alleviate poverty, youth development and environmental benefits.The study outlined CSR contribution and changes made my Nike in external and internal management of business environment. As per the focus of company on social welfare and environment development it can be said that implementation of CSR requires huge cost investment as it promotes diverse changes like use of advantage technology to minimize waste, establishing use of waste and water treatment facilities, etc. Further, from the study it is outlined that purchase of organic cotton for manufacturing is another environment friendly approach by Nike which influence cost efficiency of business. The scholar has used primary and secondary research to explore different aspect f research.The secondary information in the study was based on different articles, books,
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journals, blogs, news and company publication which helped in critical analysis of different facts on specific theme. The logical presentation in Literature review is presented by using specific example of Nike. This helped in outlining specific efforts made by Nike to manage corporate sustainability. On the other hand, primary research helped in gaining valid results which were collected with the help of survey questionnaire. The primary information was accumulated from 30 participants who shared wide range of information about Nike and its compliance with CSR practices and initiatives. Thus, from the dissertation it has been found out that it is important for the companies to integrate with CSR policies and activities to attain growth and competitive advantage. The sustainable initiative by organisation assist in managing ethically responsible practices which results in social, economic and environmental development.
ACKNOWLEDGEMENT I would like to thank my friends who supported me mentally during dissertation as it was length and there were times when I was frustrated findings news aspect to study. The individuals assisted me in outlining different books from which I can gain knowledge over my chosen topic. The support from class mates was the major support due to which I am able to complete research on time regardless of time constraints. Further, my guidance from supervisor was the biggest support in completion as I was confused at many stages of dissertation chapter. The help of educator after every chapter of research helped me in altering study with improvement which was the best part and helped me in successful completion. I feel continuous feedback from assessor helped in critical thinking over the topic which I feel is the crucial aspect of thesis. Also, I would like to show my gratitude towards my family members who supported me during entire dissertation by motivating me whenever I felt that I lack logical thinking and compare and contracts of collected information can not be done by me. My family was extremely supportive and also assisted me in making presentation of dissertation viable as per research topic. I gained knowledge my family embers over the ethical concepts of study which made my study reliable and viable. In last, I would like to thank participants of study who coordinated with me in all the questions of survey. The individuals were highly supportive and shared very possible and relevant information about CSR and its integration and implementation in Nike for attaining growth. In accordance with the results and analysis of study I would like to appreciate the coordination and communication of respondents in dissertation completion. 6
Topic:Corporate social responsibility and the impact on business growth CHAPTER 1: INTRODUCTION 1.1 Background of study Corporate social responsibility refers to the practice which guides the organization in managing sustainable business practices. CSR is a type of model which helps the enterprise in managing socially accountable and safe working practices. It is specifically focused on three dimensions that is social, economic and environment which comprise conscious capitalism, corporatecitizenship,sustainabilityandconscience(GraysonandHodges,2017).With increasing globalisation and digitalization, it has become important for the multinational, international and national organisation to incorporate CSR framework in order to manage safe practices. Figure1: Aspects of Corporate social responsibility (Source:Corporate Social Responsibility,2016) StrengtheningfoundationofCSRinorganisationmanagementaimsatimproving sustainability of supply chain management, working as per human rights standards, managing diversity and equality among employee and effective governance and compliance. Further, 7
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responding to environmental issues has also become essential for the organisations because of increasing global warming alarm (Quazi, Amran and Nejati, 2016). In accordance with this, entities have started focusing on promoting low carbon society, resource circulation, healthy and safe environmental practices, waste management and minimum use of natural resources. Apart from this, CSR framework aim at contributing to social issues via business activities. As per CSR, enterprise aims at managing challenging innovation in products with the help of marketing, sales and designing of commodities. Figure2: Complexity and Conflicts of Sustainablity (Source: Farooq, Hao and Liu, 2019) Implementing CSR practices has become essential for organization in modern era as the millennials in companies are focuses on getting work practices right. The socially responsible changes aim at encouraging collaborating management and leadership to promote equality and diversity among employees (Martínez-Ferrero, Banerjee and García-Sánchez, 2016). Further, beingremarkablepartnerswithcustomersisanotheraspectwhichishelpingmodern organization in proving innovative and sustainable high-quality solutions which assist in building long term relationship with buyers. In addition, serving civil society is another element covered under CSR framework which aim at boosting innovation and establishing partnership with scientific and academic communities to manage work responsibly and ethically. 8
1.2 Overview of the organisation Nike is an American footwear manufacturing company and a multinational corporation. Thecompanyisengagedindevelopment,manufacturinganddesigningoffootwear, equipment’s, accessories and apparel specifically for sports purpose. Mission of Nike is to expand potential of humans by creating ground-breaking innovation in sportswear. Also, focus of firm is on making sustainable products by working together towards diversity of people and products requirement. The company advertises its products by focusing on motivation for society like Just Do It campaign was launched on 30th anniversary of enterprise. Nike was a part of several controversies like ethics misconduct in supply chain and therefore, in recent year firm has focused on investing in suitable CSR activities. It has proved to be beneficial for the brand image of an organisation like in past few years Nike has focused on halving environmental impact by doubling manufacturing rate. The initiative of sustainable innovation by Nike was initiated with the motive of creating better future for local communities and world. Main aspects of CSR and sustainability which are focused by Nike are, reduction of carbon footprint, innovation in manufacturing, development of new palette of sustainable material,invention of close loop commodities, shifting to renewable energy, establishing diversity and inclusive work culture and considering voice of society from manufacturing to marketing of products. 1.3 Aim, Objectives and Questions Aim “To examine the impact of corporate social responsibility on business growth: A case study on Nike”. Objectives To develop understanding about the concept and model of CSR. To assess benefits and drawbacks associated with CSR activities of the firm To ascertain integration between CSR and business growth in the context of Nike. To recommend ways through which Nike can ensure business growth via CSR activities. Questions Q.1 What is CSR and models associated with it? Q.2 What benefits and drawbacks are associated with CSR activities? Q.3 Does CSR activity of Nike impacts its organizational growth? 9
1.4 Rationale of study The reason behind choosing this topic and conducting research on CSR is personal as well as academic interest. There are wide range of environmental, economic and social issue which have global concerns like business ethics, increasing carbon footprints and lack of safety of employees at workplace. The study will help in gaining insight over different sustainable and sociallyresponsible practiceswhich can be implementedand integratedin operationsof organisationtomanagegrowthofbusinesswithleastharmtoeconomy,societyand environment. The motto of research is to discuss and explain integration and implementation of different activities of CSR which can assist Nike in attaining growth of business. The study will help in boosting personal knowledge as research will be specific different aspects of corporate social responsibility in framework (Stoian and Gilman, 2017). Scholar will also focus on logical reasoning of facts with the help of relevant secondary sources which will promote critical thinking over impact of CSR. Thus, the research is for the purpose of reducing negative impact of organisational activities on society, economy and environment. 1.5 Significance of Study The topic of study is significant as it is focused on managing sustainability in business. Outlining positive impact of corporate social responsibility on growth of business will help in deriving different improvement in business operations and supply chain management. Socially responsible practices play a crucial role in managing ethical organisational practices with regard to societal and environmental issues. The information of study will help in justifying various controversies faced by Nike in past years. Further, it will help in outlining changes in sustainable practices of Nike to manage ethically responsible practices to contribute in social, economic and environmental development. Collective information in research will help scholar in gaining understanding over integration and implementation of CSR framework in Nike for attaining business growth. The importance of research will be reflected on different case study example which will help in justifying the need of incorporating practices of CSR to achieve growth and set business targets. 1.6 Scope of the study Scope of research is wide as it is based on practices of organisation which make business ethically and socially responsible. The scope of topic is reflected in key word search of topic which comprise, corporate social responsibility, positive impact, integration, implementation, 10
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practices, framework, social, economic and environmental issue (Gupta and Sharma, 2016). This will help in outlining impact of managing sustainability on growth and profitability of business. Further, scholar will cover several CSR initiatives that can be taken by company to manage sustainable growth. Also, it will cover different cases which have become controversy for Nike due to ethical misconduct with to regard to society and acceptance of people. Thus, the scholar will gain insight over the topic by dividing research aspects on the basis of outcomes like, implementation, integration, profitability and growth of organisation. 1.7 Structure of Dissertation Introduction Chapter 1:The chapter has outline brief overview of study topic which was necessary to develop understanding over the concepts on which entire research is based. CSR is the self-regulating framework which aid in control unethical and harmful business practices. The part outline aim of the study and objectives on which information will be researched. This comprise outlining of impact of CSR on business growth and integration and implementation of CSR practices in Nike within particular time. Also, the chapter outlined importance, scope and motive of choosing specific topic from where it has been identified that the topic is of personal and academic interest of scholar. Literature review Chapter 2:This chapter is the most specific chapter of dissertation basedonaccumulationofsecondaryinformationonresearchaimandobjectives.The information in this chapter is based on specific researchers of different scholar on relatively same topic of study. The chapter will be based on information from articles, online blogs, journals, governmental publication, news, etc. Further, the information in this chapter is specific to particular author and is reflected by in texting of references. The chapter helps in proving reliability and viability of collected and interrelated facts. ResearchMethodologyChapter3:Thischapteraidinderivingsystemicdata collection and analysis over research topic. The chapter denotes use of different research tools to manage smooth flow of study. This part will outline detailed analysis of research approach and philosophy which will be used in dissertation that is inductive approach and interpretivism philosophy. Methodological tools help in logical reasoning of collected facts on the basis of observation of findings. Further, the chapter will provide understanding over different data collection methods and specifically primary data collection method that is survey. Also, its methodology will outline justification over use of random sampling and qualitative analysis. 11
Results and Findings Chapter 4:This section of dissertation is complex as in this, scholar aim at presenting collected results in systemic form that is on different themes as per the questions of survey. In this chapter, scholar aim at dividing and analysing information with the motive of addressing objectives. It is important for the scholar to be specific and presentable and therefore in this research investigator will make use of bar, graph, pie charts, etc. to make results presentable and information specific. The interpretation in this chapter will be done theme wise where results of survey will be interpreted with appropriate justification. Discussion Chapter 5:This chapter of dissertation will depict understanding of scholar from primary and secondary collected information. The section is all about reasoning and justification of collected and interpreted information. In this, focus of scholar is on critically evaluating primary and secondary information which promotes comparison and helps the researcher in addressing research questions. This is final chapter where all the information is accumulated and compared to draw outcomes for research objectives. Thus, it can be said that the chapter depicts understanding of intellectual over collected information in entire study. It also depicts reliability and viability of facts and findings covered in dissertation. Conclusion and RecommendationChapter 6: The chapter presents summary of entire research which comprise aim and objective of investigation for which entire study has been conducted. The chapter comprise recommendation over the entire gathered data which is done to present ways of improvement in chosen business. 12
CHAPTER 2: LITERATURE REVIEW 2.1 Introduction The chapter is based on views of different authors on chosen research topic which is impact of corporate social responsibility on growth of business. The information in this chapter is presented in form of critical analysis with specific names of author from articles, journals, books, online blogs, governmental publication, etc. The present literature review will comprise three themes that is concepts of Corporate social responsibility and its impact on growth of business. Theme 2 is specifically focused on integration of CSR in different strategies of business whereas theme 3 is about implementation of activities of corporate social responsibility to derive positive impact on business strategies and growth of organisation. However, last theme is about improvement in profitability of business at global level after implementation of CSR activities within existing strategies of business. The review will be specific with regard to cases of socially responsible practices of Nike and examples which depicts sustainability of business practices after complying with framework of corporate social responsibility. 2.2 Concept of CSR and model of CSR According toRao and Tilt (2016),corporate social responsibility is a self-regulatory practice followed by business to manage governance over socially and ethically responsible practices. The responsible practices of CSR are contributing to development and advancement of society and humankind. As per the views ofCramer (2017), it is sated that CSR promote the way ofmanagingsustainablebusinesspracticeswhichsupportssafeenvironmentandsocial condition. It is not a limited approach and is focused on wide range of organisational activities. For example, multinational organisations like Nike, Marks and Spencer, Reebok, Microsoft, complies with the policies and procedures of CSR to manage diversity and inclusiveness among employees. This denotes capacity of companies to build sustainable livelihoods and work environment. Tennant (2015), argued that CSR practices are an integral part of business which supports wealth creation process of organisation and enhance competitiveness of business. This denotes spirit of organisation to meet expectations of public by focusing on needs of society. It is the legal, ethical and social consideration which can be followed by business to improve and manage its corporate reputation. 13
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Figure3: Corporate Social Responsibility (Source:Moravcikova, Stefanikova and Rypakova, 2015) AsLaing and et.al., (2019)stated thattriple bottom lineis a CSR approach that is further used by the company. This model is used to indicate that the performance of companies should not only rely on the performance of companies but it must be judged as per environmental responsibility and social responsibility as well. As per the model, the three bottom lines are people that is also known as human capital who pertain to fair and beneficial business practices towards labour and community. Another is, planet i.e. natural capital that refers to sustainable environment practices so that it provide natural benefits which include do not harm environment and provides positive impact as well. Last is, profit which is term as financial capital. It is the long lasting economic impact upon the organization which is enjoyed by the host society. Hence, the triple bottom line approach cannot be referred as traditional corporate accounting including social and environment impact. On the other side, as per the view ofAgrawal and Singh (2019) using Triple bottom line helps to encourage the business to think beyond narrow measure of performance and as a result, it helps to encourage CSR reporting as well. In the same way, Nike also uses this method and always find different ways that helps to reuse the products such that running tracks, sports courts and new shows because company believes on good becomes better over time and that is why, it do. 14
However,Herrera (2016),stated that CSR programme is established with the agenda of managing fair and consistent work environment in corporate world across the globe. Adoption of CSRframeworkpromotessustainablebusinessgrowthwithreferencetoengagementof suppliers, employees, management and other interested stakeholders. The plan of Corporate Social Responsibility is focused on managing sustainability by focusing on six components that is CSR strategy, CSR assessment CSR implementation plan and actions, CSR commitments, verifications and results evaluation & refinement. Therefore, it can be said that CSR policies need to considered as inseparable and core component of overall services and commodities of business. Practices and framework of CSR AspertheviewofPorterandKramer(2019)frameworkofcorporatesocial responsibilitycomprisesrecognition,identification,prioritizing,actingandreviewingand improving organisational practices. Recognition is based on social responsibility, corporate governance, labour practices, human rights, fair operating practices, community involvement and development and environment. As per CSR framework, it has become important for the organisation to focus on employee’s inclusion and diversity at work place to manage innovation. Also, the increasing involvement of millennials in business practices has made it necessary of the organisation to focus on socially responsibly practices and sustainable goals.Yusoff and Adamu (2016), outlined CSR framework of Malaysia which is based on 4 aspects that is community for encouraging and enhancing employee’s participation in workplace activities. Further, there is workplaceenvironmentwhichisfocusedoncreationofconduciveenvironmentwhich organisation aim at providing sustainable livelihood. On the other hand, there is environment issues for which management aim at undertaking safe and responsible practices to preserve environment against waste of natural resource, increasing carbon foot prints, etc. Lastly, there is market place which aim at promoting responsible and ethical marketplace activities to meet customerexpectationofinnovationandethicalmarketing.Theethicalmisconductof marketplace can be discussed with example of Nike which occurred due to marketing of Balaclava. A per the view of Wilson (2018), it is stated that marketing of Balaclava by Nike is promoting Gang Violence. In this marketing, photo series by Nike was mixed with garment with casual T shirt and interpreted as holsters. Also, it was criticised by public that balaclavas are the clothing which is related with drill music of London. In accordance with this scenario, Nike 15
argued by stating that products by Nike were part of a wider Nike Training collection, styled on different models and are available in multiple markets around the world. The management of company says that organisation in no way condoning or encouraging the serious issue of criminal and gang culture. Lu (2019), outlined practices of Corporate social responsibility which aim at managing strategic sustainability in firm. There are seven best CSR practices that are compiled by firm. Such thatSetting measurable goalswhichis focused on return on investment measures like the company aim at decreasing turnover in order to manage improvement in recruitment methods. Measurable goals considered by firm are changes in employee policies, minimising use of natural resource, waste and sustainability in supply chain. These are the basic level changes from sustainability in business practices begin and are done via legal and ethical consideration. Next is,Stakeholder engagement,as per the view ofRangan, Chase and Karim (2015)Involvement of stakeholders is the major aspect which needs to be considered for minimizing loopholes and mistakes. Articulating mission, vision, strategy as per CSR plans and policies by seeking stakeholders’ views is the best way of managing change. The individual helps the company in improving relationships, solving roadblocks related to socially responsible practices and aid in regulatory approvals. As per the views of Kissinger (2017), Nike prioritise involvement of its key stakeholders which comprise, communities, customers, government, employees and interest groups with the help of Stakeholder group and CSR initiative. For example, Nike Inc. addresses community interest group by Nike Foundation, which is the primary means of the organisation to support community development. Like, in 2005, Nike Foundation started its community development programs in developing countries, with focus on supporting the empowerment of girls. Third is,Mapping of sustainability issues,where company aim at prioritising key issues in order to manage suggested business changes. Practice of CSR assist the organisations in mapping sustainability issues with the help of stimulating approach.According toYawar and Seuring (2017),stimulating approach is effective for mapping issues because it is specifically focused on sustainable development goals and interaction of different policy areas of company. Fourth is,Sustainability management system,in whichAbugre and Nyuur (2015)stated that it is theframework followed by organisation for managing coordination in environment, economic and social decisions of the organisation. Sustainability management system is the practice which 16
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is managed by organisation by collaborating SDG of organisation as per legal requirement and views of stakeholders. Fifth is ,Sustainable brandingandIt is all about transparency which needs to be maintained by firm with its external stakeholders. It is all about gaining trust and manage ethically responsible practices for society.For example, Nike complies with standards and policies of CSR to focus on improvement in business areas and to promote quality of working and maintaining good relationship with external stakeholders. Further, the branding strategy of companyisalsospecificallyfocusedonappropriatelabelling,promotionbyadvanced technology and high quality of products. Another is,Sustainable reporting,in whichKorschun Bhattacharya and Swain (2016) stated thatthis is about increasing governmental regulations and self-regulation of firm to manage quality and standard of services. This practice is most effective to gain trust of buyers as the society is able to access efforts made by organisations. CSR reporting is about giving external and internal stakeholders access to see company’s effort to maintain ethically and socially responsible environment. Last is,Life-cycle assessment,this is about designing of products which are sustainable and innovative with regard to changing needs of business environment. According toAmini and Bienstock (2014)cradle to cradle approach is the best way which helps the company in managing innovation and creativity in products and services with regard to sustainability and environment friendly process and products. Re-using product or designing in a manner to keep it out of the landfill helps in building customer rapport & brand loyalty. The approach in life cycle assessment practice helps the company in supporting initiative like waste management, recycle, reuse, reduce, etc. Benefits associated with integration of CSR in different business strategies Herrera (2016),outlined benefits of integrating CSR with business strategies includes increaseinworkproductivity,bettermanagement,competitiveness,positiveworkplace environment, increase fidelity for customers, increased sustainability, better corporate reputation, increased acceptance and credibility. According toStoian and Gilman (2017),Integrating CSR with business strategy is the best way of improving business productivity and strategic outcome. The major benefit of combining responsible practices with different strategies of organisation helps the firm in gaining buyer's loyalty, employee's trust, motivated workplace, marketing advantage, new market opportunities, effective market penetration and product development. For example, employee benefits like paid time off, medical and disability insurance or any fringe 17
benefits with strategies like, day care, health or wellness and work life balance helps the firm in gaining employee productivity, customer loyalty, corporate reputation and increase morale.In contrast,Baumgartner(2014),statedaboutCSRbehaviourformanagingenvironmentis integrated with strategies like innovation process focused on minimizing carbon footprints, reuse and recycle initiative, etc. which results in managing environmental benefits like, innovative marketing opportunities and public relations. As per Weinstein and Zanger (2019) labour standards which are developed by Nike with the help of Global Alliance for workers and communities.In accordance with this Nike interviewed 9000 young workers according to which it is outlined that CSR program does not only helped in improving corporate reputation of firm but has also reduced business risk which assisted in improving profitability of business. Further,Mellahi and Rettab (2019)stated that by minimizingtheenvironmentalfootprint,improvingproductinnovation,andtransforming manufacturing, Nike has repositioned its SCM for using sustainability as a strategic growth engine. Also, to minimize waste in 2015, Nike used 54 million pounds of factory scrap and transformed it into premium material.Additionally, the company reduced water use per unit in footwear by 43%. Thus, it can be said that Nike introduced Closed Loop Ecosystem which is a new method for designing, finishing, and processing materials. Thus, it can be concluded that corporate social responsibility is an essential part of businesswithincreasingglobalisationwhichhelpstheorganisationin ethicaland social management of work place and external business activities. However, there are wide range of CSR polices and activities which aid in different type of management and are essential for business growth. 2.3 Benefits and drawbacks link with CSR activities of the firm According toTai and Chuang (2014), integration of CSR with business strategy is effective approach of managing sustainable organisational goals. There is different perspective of organisation to manage CSR behaviour in an organisation like multinational enterprises work as per shared value theory which aid in attaining competitiveness as per changing economic and social conditions.This helps the companies in managing equality and diversity in employee's work which aid in innovation and achievement of common business goals. Working with shared perspectivehelpsthebusinessinproductreformulationslike,improveddesign,reduced emission, waste management, optimum utilisation of resources, etc. Shared working business 18
strategies is a supportive approach to business growth therefore compliance of CSR polices or practices helps the enterprise in managing sustainability in business operations. Thus, it can be said that this helps the organisation in managing work according to organisational values which supports coordinationand cooperation.Apart from this,Khojastehpour and Johns (2014) outlined example of integration of CSR reporting and marketing strategies of organisations. CSR reporting is effective for marketing strategies of firm as it helps in maintaining transparency in business plans with stakeholders. Figure4: Sustainable development goals (Source:Gazzola and Colombo,2014) As per the views ofSiddiq and Javed (2014), it is identified that CSR polices and plans offers effective approach for brand building activities. Brand marketing is the foremost aspect to attaining growth in business and integration of brand and CSR promotes communication of stakeholders. Interaction of key stakeholder helps organisation in managing brand equity and influencing view point of people. For example, Nike focus on creative and emotional branding campaigns which aids in encouraging society to involve in good practices like wellness, environmental and economic benefits. However,Moravcikova, Stefanikova and Rypakova (2015)outlined 3 approaches which aid in integration of CSR and marketing activities of organisation.IntegratedapproachhelpsinsynchronisingCSRandbrandmarketing.In accordance with this, it is important for the companies to market research before marketing as it 19
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helps in identifying brand preference of people. The major strength of this integration is evaluation of touch points to improve performance of business as the changes in marketing are managed as per stakeholders’ preferences. As per this, CSR aim at consistent performance, employee welfare and corporate governance commitments. Further, there is selective approach which is effective when market research demonstrates customer preference. On the other side, Mellahi and Rettab (2019)argued that This approach is directly related to growth of business because it supports differentiation in crowded market. The best example of this approach is Fair trade partnership of Sainsbury according to which firm work well with respect to responsible business practices and brand reputation online. Fair Trade business is enjoying healthy growth levels and has become crucial part of rebuilding Sainsbury’s image where supermarket is serving the middle-classes with unique, high-quality products. According toKim, Ha and Fong (2014)invisible approach is another crucial aspect of corporate social responsibility which is focused on external interactions and initiatives. The approach is followed by H&M which is Fashion Giant do not communicate CSR practices which are followed and complied by firm but the activities of business are dependent on ethical standards. The brand marketing of Hennes & Mauritz is focused on maintaining customers’ trust among the rumours of child labour, unethical labour standards and use of materials which are dangerous and haunting the fashion industry. However, as per the view ofBaumgartner (2014) integration of CSR in business level strategies like operations management play a crucial role in business growth. It increases focus of management on use of resource, productivity and improved working standards. For example, Jaguar Land Rover leading car manufacturer make use of Total quality management strategy with the motive of managing systemic flow and sustainability in supply chain management process.The integration of elements of TQM with CSRstandardshelpsthecompanyinmakestableworkenvironmentforemployeesto continuously improve their ability to provide on demand products and services and to serve valuable automotive to customers. According toTai and Chuang (2014)Business level strategy aim at managing ethical standards in key operations of organisation. For example, Nike integrates CSR standards as per which designing of products is done on the basis of market preferences and with the help of advance technology. This aid in minimizing waste and serving products needs of society. In contrast, quality management is priority for Nike and therefore company focuses on continuous 20
improvement which is done by market dynamics, prioritizing process and increasing efficiency of manufacturing. As per the views ofYawar andSeuring (2017)operation management strategy of Nike is integrated with Sustainable development goals which are clean water and sanitation and therefore organisation aim at managing waste and also works according to reuse, recycle and reduce initiative. Further, company focuses on climate action for which management has complied with environmental standards like minimum use of natural resources, streamlining priority activities, etc. Hence, it can be said that the integration of business level strategies and CSR standards are focusing on improving business productivity by managing socially and ethically responsible work environment and therefore result in business growth. 2.4 Integration between CSR and business growth According toGazzola and Colombo (2014)there are wide range of corporate social responsibility activities like, respect for human rights, social contribution, customer concerns, environmental activities and fair business management. Implementation of respect for human right CSR activity is based on three perspective that is encouraging inclusion and diversity at workplace. However, implementing equality, diversity and work life balance is a global concern for the organisation. To manage inclusion and diversity companies promote staffing with diverse sense of values which helps the firm in managing creativity and innovation in work. This leads to improvement in existing business strategies like designing, improving product capacity, etc. (CSR Activities (Society and Environment),2018). Further, providing work like balance is another business strategy which is implemented in organisation by minimizing working hours, increasing breaks at works, proving work from home facility, etc.These activities of CSR are implementedforworkforceplanningstrategieswhichaidinimprovingproductivityof employees as well as business. Apart from this,Amini and Bienstock (2014)stated that respect for human right can be implemented by building safe and secure work environment for which organization can focus on complying with legal standards like occupational Health and Safety Act, Equality Act, etc. which will assist in providing sense of security to employees towards work environment. Respect for human rights is denoted in working practices of Nike which helps the firm in managing continuous changes in improvement in business strategies.Further, in 2017, Nike took a step backward when it ceased allowing the independent NGO Workers Rights Consortium access to factories to check on labour standards. The implementation of 21
changes as per CSR activities led to changes in business working standards and strategies but was effective for the growth and corporate reputation of firm. Figure5: CSR Objectives (Source:Giving Back to Society through CSR Initiatives, 2015) Fair Business Activities As per the view Harjoto and et.al., (2019) it is outlined that implementation of fair business activitiesisanotheraspectwhichleadtochanginginexitingbusinessstrategies.Fair management of business is based on supply chain management and risk management and compliance. Mitigating risk leads to positive impact on business activities as it aims at following right conduct with regard to human beings and value standard of society, environment and economy. The foremost priority is to ensure physical safety of human life which is focused on employee’s wellbeing and welfare of local community. WhileMoravcikova, Stefanikova and Rypakova, (2015) stated thatCompliance with legal standards of Health and Safety and Environment Protection Act assist the organisation in dealing with crisis, recovering damage, making proper use of resources, minimizing loss and preventing re -occurrence of hazardous 22
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incidencesatworkplace.Focusofmanagementonthishelpsinprotectinginterestof stakeholders which supports continuous improvement and developments of organisation and progress of society. Figure6: Key manufacturing thrusts of Nike (Source:Soni, 2014) On the other hand,Soni (2014)discussed about supply chain management which is another crucial aspect of company which comprise broad range of activities for flow of goods and services. In 2013 by end of fiscal year Nike manufactured 76 % Apparel and 85 % footwear on lean lines which helped the firm in managing labour productivity and decreasing waste. Thus, it can be said that supply chain management process of Nike is solely focus on minimizing waste in order to manage increasing carbon footprints and over use of natural resources. The lean lines initiative is implemented by Nike for managing sustainability in SCM and meeting social and environment benefits which improves business productivity, profitability and leads to growth. Social contribution According to Weinstein and Zanger (2019) social contribution is a CSR activity which aim at welfare of society, education of youth and children, encouraging cultural activities and promoting development of community infrastructure. Social contribution of Nike is depicted by its contribution of 37.3 million $ to community partners and non-profit organisations in fiscal year. Further, $37.3 million in contributions of Nike consist of $16.2 million in cash grants, or 43 23
percent of the donations, and $21.1 million in product and in-kind services, or 57 percent of the overall investment. On contrary,Nyuur, Ofori and Debrah (2016)state dthat company is focuses on increasing youth participation in physical activity for which firm planned and implemented own program that is NikeGO program. With the help of this initiative firm encourages more than 150,000 kids for being physically active. The midsection of program is to motivate and support youth to become physically active by staying healthy and having fun. The increasing interest and participationoforganisationinsocialwelfareishelpingbusinesstoprotectinterestof stakeholders and promote healthy living in society. Thus, the involvement in society denotes increasing interest of shoppers in products of company regardless of its premium pricing. Also, it improved public relation of Nike worldwide which has provided be beneficial for growth of company in increasing globalisation era. Customer concerns As per the views of Gond, and Brès (2019) customer concerns are solely focused on quality of products and services and individual satisfaction. Quality is the primary focus of Nike tomanagecustomersatisfaction.QualityisfocusedbyNikeimplementedoperational management approach that is Total Quality Management. For example, Ferguson (2017) stated about 10 key decision areas of Nike where designing of commodities is based on changing market preferences and advanced technology. However, customer concerns of quality are managed by implication of high-quality standards in TQM which are focused on equal treatment of employees in order to ensure ethical management of work. Like, Auditors of company coordinate with suppliers to discourage discrimination at workplace with the help of education. In addition,Rangan, Chase and Karim (2015) stated that in Touch auditors determine the legitimacy of factory records at the time of inspection to ensure that employee work weeks do not exceed local laws as well as Nike’s own standards. Further, operations managers focus on continuous improvement strategies to support the company’s production goals and needs based on dynamics of market. Thus, focus on all these areas helps the firm in supplying premium quality products to buyers which aid in meeting individual satisfaction. Environmental activities According to Lips-Wiersma (2019) environmental activities are the major focus of corporate social responsibility which aim at green management, green products, green factories and green communication. Nike implemented use of eco-friendly manufacturing material like 24
recycled and organic cotton and polyesters. Also, company aim at minimizing off cuts in parts of manufacturing process which is directly focused on water and waste reduction strategy in SCM. Further, the company has also made commitment to decrease carbon emissions by 50 % till 2025 for which Nike has started manufacturing on lean lines. As per the views of Song, Ren and Yu (2019) implementation of CSR activities led to tremendous changes and improvement in profitability of business-like environmental excellence has becomepart of strategicthinking.Further, organisationsare focusing on sustainable developmentstrategieslikemanagingmanufacturingwithwastewatertreatment. Implementation of these environmental prevention options has helped the organisation in gaining trust and interest of stakeholders. Increasing involvement of external and internal stakeholders in CSR activities of business has improved profit-making ability of organisation by increasing investment, sales, etc. Further,Abugre and Nyuur (2015) stated thatContribution to social development and local communities has helped multinational organisations in managing brand image and awareness amok customers which is more effective then product marketing strategy of organisation. Implementation of CSR policies and activities has increase corporate giving and reporting of organisation socially responsible projects. It is been identified that charitable donations given by corporations in 2011 amounted to $14.6 billion,10 compared to $9.05 billion in 2001—a 61.3% increase (Giving Back to Society through CSR Initiatives,2015). 25
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CHAPTER 3: RESEARCH METHODOLOGY Introduction Methodology of research comprise different tools which are use of managing smooth and systematic research. It comprises of analysis of wide range of research techniques and approach which are suitable and used by scholar for present study based on examining impact of corporate social responsibility on business growth. The discussion of chapter will comprise research philosophy and approaches used which aid in determining type of research and reasoning of findings. Further, it comprises sampling tools use by scholar for accumulating valid data to address research objectives and questions. Apart from this, it will derive tools used for data collection and analysis for presenting findings. Thus, methodology also helps in deriving limitation of study and ethical consideration focused by researcher for making study reliable and viable. Research Philosophy A research philosophy refers to a belief about the method in which information related to a phenomenon needs to be collected, analysed and utilised. The word epistemology (what is known to be true) as opposed to doxology (what is believed to be true) consists the different philosophies of research approach. The purpose of science, then, refers to the procedure of converting things which are believed into things known: doxa to episteme. Two main research philosophies which are recognized in the Western tradition of science are positivist and interpretivist. According to the Positivism philosophy reality is stable and can be detected & described from an objective point of view, without any interfering with the phenomenon being examined or studied (Kumar, 2019). Positivists oppose that phenomena need to be isolated and observations must be repeatable. This generally includes manipulation of reality along with variations within a single independent variable in order to identify regularities in relationships among some of the constituent elements of the social world as well as developing the same. Interpretivism, on the other hand contend that reality can only be fully understood through the subjective interpretation and intervention with respect to reality. The research of any phenomena in their natural environment is the key element of interpretivism philosophy. In order to identify and observe the impact of CSR the researcher used interpretivism research philosophy as it will assist in comparing and contrasting aspects of research topic with the help of secondary data and primary data. 26
Research approach Approach of research provides procedure and plan which comprise of broad assumptions and ways of collecting, interpretation and analysing information.Research approach is of two category that is inductive and deductive which reflects different ways of reasoning and analysis. Inductive research approach is also known in inductive reasoning that begins with starting with the observation and theories are proposed towards the end of the research processes as a result of observation. Basically, inductive research approach will use research questions to narrow the scope of the study. This research approach starts with a particular inference or observation, it fuels more examination for testing if the judgement is wrong or right. In the procedure, any individual who utilises inductive approach will examine the given context and test various scenario (Mackey and Gass, 2015). This type of research approach is not only good for the purpose of studying or investigating probabilities but it also assists researcher to understand the accuracy of the initial assessment. On the other side, deductive research approach is aimed and testing theory that begins with hypothesis. This type of research approach allows more time for application and practice, it is also time saving as compared to inductive approach. Deductive research approach allows the researcher to think about research or investigation that has already been conducted and develop an idea about extending or adding to that theoretical foundation. In this investigation the researcher has used inductive approach by analysing data collected via questionnaire in order to examine the impact of CSR on growth of Nike. Research type Research type is divided into two category that is qualitative and quantitative where quantitativeisusedfornumericalanalysis.Qualitativeresearchisgenerallyexploratory investigation, it is utilised for gaining an understanding of underlying opinions, reasons and motivations. It helps in providing insights into the issue or assists in developing hypotheses or ideas for potential quantitative research (McCusker and Gunaydin, 2015). This type of research is also used for uncovering trends in opinion and thought as well as to dive deeper into the issue or problem. The sample size in qualitative research is small & respondents are chosen to fulfil a given quota. The common methods used in Qualitative research method are group discussion, participation or observations and individual interview. On the other hand, Quantitative research is utilised for quantifying the problem by method of generating numerical data or data which can 27
be converted into usable statistics. This type of research uses measurable information or data for formulating uncover patterns and facts in investigation (Koro-Ljungberg, 2015). The data of quantitative research are much more structured as compared to Qualitative data collection method. Quantitative data collection methods consist different types of surveys, online surveys, mobile surveys, face to face interview etc. However, qualitative is used for descriptive and theoretical analysis in the present investigation for identifying the way in which CSR is influencing business performance and growth. Sampling This is a statistical analysis with the helps of which researcher is able to chose small number of populations from predetermined large population group. Sampling is performed in two ways either systematic or simple random sampling.There is different type of sampling method that is multistage, cluster, stratified and systemic random sampling. Stratified sampling is the sampling process in which researcher divide large population group in two segmented group which is known as strata. Further, from strata sample is chosen with the helps of simple random sampling every individual has equal and opposite chances of getting selected (Opoku, Ahmedand Akotia, 2016). On the other hand, there is cluster sampling in which scholar divide population in two clusters and respondents are chosen randomly from clusters. Sampling is base of data collection a sit derives participants or sources of study which are chosen on particular term. For addressing research problem prominently purposive sampling technique has been used by the researcher. Referring such non-probabilistic sampling technique 30 managers of Nike has been selected by the researcher. The rationale behind the selection of manager is that they have better idea about the extent to which business growth or performance affected from CSR activities undertaken by the firm. Thus, for evaluating research problem views have been taken from 30 managers. Data Collection Data Collection is an important aspect of any type of research study. It is referred to as the process of collecting, measuring and analysing the accurate insight for research using standard validated techniques. However, data collection is essentially divided into two categories which are primary and secondary methods. Primary methods referred to the collection of data by the own efforts. It is fresh and first hand sources as well as it is directly collected from the 28
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responders. Such as, survey, observation, interviews, focus group etc. On the other side, secondary methods are those which is based on past information and it is used data. The information in this method is collected from government publication, books, journals, internet articles etc.(Antwi and Hamza, 2015). Secondary methods are convenient and less time consuming in comparison to primary research. But the fact is that, primary research is much more reliable than secondary information because it collected by the research own efforts and it is fresh information. In order to present suitable view of research problem data has been gathered from both primaryandsecondarysources.Researcherhasadoptedprimarymethodsforcollecting information regarding the impact on growth of business, integration of CSR in different strategies of Nike through survey via questionnaire. In other words, by sending questionnaire to the 30 managers of Nike primary data has been gathered. Hence, through the means of open and close ended question impact of CSR on business growth or performance can easily be assessed. Further, books, journals and scholarly articles pertaining to CSR have also been evaluated with the motive to develop in-depth understanding about research aspect. Along with this, such secondary data has also assisted in analysing responses gathered through primary investigation. Data Analysis Analysis data is the major aspect of study on the basis of which research outcomes are presented and outlined. This is wholly based on collected information and view of primary participants.For analysing data, it is important for the scholar to enhance and focus on critical thinking and logical reasoning draw final results. There are two ways of analysing accumulated information that is qualitative and quantitative. Quantitative data analyse is about mathematical, numerical and statistical interpretation. This is based on calculation which is conducted with the help of statistical tools (Mayer, 2015). This analysis is done by scholar on the basis of hypothesis where there are independent and dependent variable of study. On the other hand, there is qualitative analysis which is theoretical outline of accumulated facts. This is in descriptive form where scholar present critical arguments collected data. This is the easiest and reliable approach of drawing outcomes from results as it is done on the basis of comparison and contrast. In this study, thematic perception test technique has been used by the researcher for presenting optimal view of research problem. The reason behind using this technique is that it assists in doing qualitative investigation effectually. According to this, gathered data has been 29
analysed by preparing themes referring questionnaire and responses derived. In addition to this, as per the outcome graphs have also been added. All the findings have clearly been supported and evaluated by taking into account views presented by different scholars. Reliability and Viability Reliability of study depicts accuracy of collected and analysed information which needs to be appropriate in order to manage ethical consideration and research validation. This depicts measure is consideredreliablewhich can give same result over and over again. The same answers for repetitive denotes accuracy and consideration of information for academic purpose and for future similar researcher (Padilla-Díaz, 2015). However, validity of study depicts that findings truly addressed research objectives and answer research questions. Therefore, in this study researcher managed reliability and validity of research by in texting every possible information. Further, the critical analysis in Literature review is also based on specific journals and articles. Also, the secondary sources consider were after 2010 and therefore relevant to research questions. Further, articles pertaining to CSR and related aspects have been evaluated which on turn exhibits that data or investigation. Along with this, for ensuring aspect pertaining to reliability data has been gathered from copyright protected sources. Ethical consideration It is the foremost and crucial aspect of research as ethical consideration determines viability of research. In this focus of scholar in on adhering to wrong and right of the study. In this study researcher will seek for consent of respondents for participating in survey. Adhering to ethics helps in deriving acceptable and unacceptable behaviour for the study.This helped in deriving interests of individual in research. Further, researcher has debriefed participants about the survey questions which helped in protecting their interests. Also, no respondent is forced to share confidentialinformationaboutthecompany.Apartfromthisinformationcollectedfrom participants is confidential and will not be used by any unofficial person. Thus, it can be said that adhering to ethics assisted scholar in maintain quality of research and information collected. 30
CHAPTER 4: RESULTS AND FINDINGS 31
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32 Questionnaire Name: Age: Gender 1. Do you understand the concept and importance of Corporate social responsibility? Yes May be No 2. Do you think there is a relationship between CSR and profitability of company? Yes May be No 3. Does Nike has separate allocation of funds for implementing CSR? Yes No 4. Do you think Nike investment in Youth Development, Poverty alleviation, Conservation of Nature and education is beneficial for attaining growth? Yes May be No 5. What is the major benefit associated with integration of CSR in different business strategies? Increase in work productivity Increase fidelity for customers Increased sustainability Better corporate reputation 6. What according to you is the most important reason to implement CSR activities in Nike? To improve corporate reputation of company To help environment and society To gain customer attention To attract employees 7. Do you think implementation of CSR activities in Nike within 2 months which impact is business strategies and growth? Yes May be No 8. What are the focus areas of CSR implementation within 2 months? Promotion education
Theme 1: Yes, participantsunderstand the concept and importance of Corporate social responsibility 1. Do you understand the concept and importance of Corporate social responsibility?Frequency Yes21 May be4 No5 Interpretation:In accordance with theme 1, it has been evaluated that respondents understand the concept of corporate social responsibility which goes beyond legal obligation and charity. It is majority about integrating with ethically and socially responsible practices with regard to society, environment and economic.Therefore, it is supported with the literature section-1 which is stated byHaar and Keune, (2014) that emergence of CSR activities led to tremendous changes in organisation like organisation are bound to focus on minimizing waste and encouraging use of products which causes least harm to environment. Apart from this, participants also stated about economic concerns which needs to be focused by companies with reference to CSR like compliance with labour standards, encouraging employment, etc. As per the respond of few participant it can be articulated that the individuals understand CSR as continuing commitment of organisations to behave ethically in order to contribute to economy and environmental development. This with response to all respondents CSR is the focus which 33
encourages enterprise to management improvement in quality of life of staff and their families. Also, it aims at providing living benefits to social and local communities. As per majority of respondents it is outlined that Corporate social responsibility is a business model that can help company to be socially accountable which is supported by the literature section. CSR activities can help organization in building a strong relationship between employers and employee. For maintain CSR Nike can involve in performing activities like they can protect human rights, save the environment, invest in charitable activities, pay more focus at consumer concerns and fair management in organization. Theme 2: Yes, as per respondentsthere is a relationship between CSR and profitability of company 2. Do you think there is a relationship between CSR and profitability of company?Frequency Yes19 May be6 No5 Interpretation:From theme 2, it can be articulated that according to majority of respondents there is relationship between CSR and profit. As per view of participants it is analysed that financial performance and CSR activities of company are closely linked which is 34
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reflected in doing good and doing well aspects of company. For example, heath and safety at workplace is the legal obligation which helps the firm in mitigating uncertain workplace incidents. Further,Pope and Wæraas, (2016) also stated thatit also assists in gaining trust of workforce which boost individual working productivity which is directly related to improved business productivity and profits. Apart from this, it is critically evaluated that some applicants stated about waste management expenses and optimum utilisation of resources which is aspect of environment development and ethical business practice. In accordance with this it can be evaluated that proper use of resources and implication of waste management strategy helps the companies in making proper allocation of expense which promotes cost effectiveness in business operations. Hence, it can be evaluated that CSR activities promotes sustainability within organisation which reflects increase business as well as workforce productivity and results in profitability of enterprises. Theme 3:Yes, according to majority of respondents Nike has separate allocation of funds for implementing CSR. 3. Does Nike has separate allocation of funds for implementing CSR?Frequency Yes26 No4 Interpretation:As per theme 3, it is identified that Nike allocated separate fund for implement CSR activities and regular changes. The participants outlined aboutend of fiscal 35
year 2013, the report counted over a million workers in 785 contract factories and a total of 2.5 million people across Nike's value chain. To manage meet the needs of employees Nike implanted changes in policies and rules to staff needs of suppliers and workers which was justified which is evident in books of third-party audit. Respondents outlined about $37.3 million contribution of Nike to community partners and non-profit organisations in fiscal year. However it is critically evaluated that Few applicants stated that separate allocation of fund helps the company in maximizing CSR benefits and also in aid deriving special focus on CSR initiative. Thisencouragesinemployeeinvolvementandtimeinmanagingethicallyandsocially responsible practices (Acquier, Valiorgue and Daudigeos, 2017). Apart from this to manage economic benefits, the company aim at proving compensatory benefits to employees on the basis of their performance. Theme 4: Yes,Nike investment in Youth Development, Poverty alleviation, Conservation of Nature and education is beneficial for attaining growth 4. Do you think Nike investment in Youth Development, Poverty alleviation, Conservation of Nature and education is beneficial for attaining growth?Frequency Yes26 May be3 No1 36
Interpretation:In accordance with theme 4, it is been identified that Nike invest in wide range of CSR initiatives like development of youth, promotion of education, alleviating poverty andconservingnaturetomaintainenvironmentalsustainability.Aspertheviewsof respondents it can be articulated that conservation of nature initiative is focused by Nike by focusing on waste management strategics and making minimum use of natural resources. The ultimate motive of Nike is to minimize carbon footprints. Apart from this, or education initiative Nike 20 leaders of Nike hosted Future You workshopfor students and educators from ten Portland, Hillsboro, Beaverton schools. The programs aimed at fulling innovating thinking in education for students.Singh (2016) stated that the initiative inspired many students to focus on innovative career growth and also encouraged drift of schools towards economic and technical realities. For example, alternation in learning spaces of schools like Choir room, weight room, library, etc. On other hand, some respondents discussed about youth development initiatives of Nike where focus on organisation was on increasingparticipation of youth in physical activity. This change was managed by company with the help of Nike GO program with the help of which 150,000 kids were being boosted to be physically active. Theme 5:Better corporate reputation is the major benefit associated with integration of CSR in different business strategies 5. What is the major benefit associated with integration of CSR in different business strategies?Frequency 37
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Increase in work productivity4 Increase fidelity for customers6 Increased sustainability9 Better corporate reputation11 Interpretation:As per theme 5, it can be articulated that there are wide range of benefits which comes with integration of Corporate social responsibility in business strategies like increased productivity, sustainability, fidelity of customers and corporate reputation. However, as per the views of respondents, it is been identified that corporate reputation is the benefit which comes with integration for CSR as it supports effective alternation in work process of company. For example focusing on youth motivation via marketing strategies helps in gaining consumer attentionandpromotingresponsiblepracticesofcompany.Zasuwa(2017)statedthat Integration assist the organisationin managing improvement in business operation which enables sustainability in business management. On the other hand, it is critically evaluated that fewapplicantsdiscussedaboutincreasedsustainabilitywithintegrationbecauseCSRis continuous business process supports optimum utilisation of resources, waste management, increase cost efficiency,proper allocation human and physical resources, aligned business activities. Thus, synchronised work process with CSR benefits helps the enterprise in managing sustainability in business operations. 38
Theme 6: As respondenthelping environment and society are the most important reason to implement CSR activities in Nike 6. What according to you is the most important reason to implement CSR activities in Nike?Frequency To improve corporate reputation of company6 To help environment and society9 To gain customer attention8 To attract employees6 Interpretation:From theme 6, it can be outlined that helping environment and society is the priority reason for implementing in Nike. The focus of organisation to manage ethically and socially responsible practice to protect environment concerns and ethical business activities. The focus on ethical business practice arisewith the case ofmarketing of Balaclava which was critique by public as it promotes gang violence and is launched to support gang culture. Few survey participants stated about motivational marketing campaign of Nike which are for boosting youth of society to be physically active and follow passion. However, it his critically evaluated that, some respondents stated about use ofeco-friendly manufacturing material like recycled and organic cotton and polyesters. Further, Nike is focused on minimizing off cuts in parts of manufacturing process to make proper use of water. On the other hand, as per the view of 39
Gruber, Kaliauer and Schlegelmilch (2017)few respondents gaining customer attention is priorityreasonofimplementingCSRwithreferencetowhichcopyfocusesonproving innovative products for different purpose. Also, Nike aim at gaining customer attention by its attractive CSR focused marketing strategies which supports growth of firm for long term. Some applicants focused on improved productivity and satisfaction of workforce after incorporation of CSR practices in business as it supports employee welfare and well-being. Theme 7:Yes, as per participantsimplementation of CSR activities in Nike within 2 months which impact is business strategies and growth 7. Do you think implementation of CSR activities in Nike within 2 months which impact is business strategies and growth? Frequency Yes22 May be6 No2 Interpretation:In accordance with theme 7, it can be articulated that respondents think that implementing activities of CSRin Nike within 2 months will impact growth and strategies of organisation. As per the views of participants it is been identified that business strategies of Nike comprise management of workforce, technological advancement, product planning, supply chain management, etc. CSR practices in workforce planning are related to compliance with labour trends, performance analysis, occupational health and safety, etc. For effective standard in workforce planning within 2 months Nike can focus on managing changes like work life balance, 40
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welfare schemes, issuance plans of employees, etc. This will help the firm in gaining employees trust which will promote instant retention and support employee satisfaction. On the other hand, it is critically evaluated thatsome employee stated about optimum use of resources, minimum use of natural resources and managing waste treatment is way to gainimprovement in supply chain management. Theme8:Promotionofeducationwillbethefocusareafororganisationafter implementation of CSR within 2 months 8. What are the focus areas of CSR implementation within 2 months?Frequency Promotion education11 Training to support sports4 Slum development6 Ensuring environment sustainability9 Interpretation:As per theme 8, it can be evaluated that focus are of Nike for implanting CSR practices and activities in 2 months will be promoting education as it is the base of social development. It is most ethical and socially responsible initiative which will support betterment of corporate reputation for firm and involvement in CSR. Respondents stated about inadequate eduction which is the core reason behind increasing poverty. To manage growth of rural society 41
and innovative thinking in urban areas will be the focus of Nike for which company will organise programs where children of rural areas will be encouraged to go school and learn. Also, it is critically evaluated that the firm can contribute to development of rural schools which is the initiate that will promote free education and can lead to increase participation of children. Apart from this, ensuring environmental sustainability is another area of focus which needs to be focused to manage improve sustainability in business practices (Bjartmarz and Gjerdrum, 2015). With regard to this Nike can focus on enacting is manufacturing approach by incorporating principles of operation management and making proper use of lean lines. Theme 9: As per respondentscompany should directly implement and integrate CSR practices 9. How can your company implement and integrate CSR practices? Frequency Through company foundation7 Directly15 Through Non-government organisation 8 Interpretation:In accordance with the theme 9, it can be said that Nike should directly implementedandintegrateCSRpracticesbecausemanagementofcompanyhascritical 42
understanding over corporate culture and values of company. Direct implementation helps in alternatingbusinessprocesswithminimumdamagetoworkculture.Furtherdirect implementation can assist Nike in managing motivation and engagement of stakeholders by sharing information directly via marketing. Direct chances will not not bound company against any legal obligation of confidentiality. However, few employees stated about implementation of CSR via company foundation as it provides supports and financial balance for managing changes. This mitigate risk of managing changes and promotes flexible and adaptable approach to manage sustainability within work environment. Implementation CSR change via company’s foundation is the way to improve corporate reputation. It is further supported by literature review section in which CSR can also be implemented by contributing to non profit organisation which focuses on economic and social development. Incorporating changes as per this, leads to minimum damage as it is specifically focused on contribution of company. Theme 10: Yes,company has appropriate environment management system 10.Doyourcompanyhasappropriateenvironmentmanagement system?Frequency Yes19 May be6 No5 Interpretation:Fromtheme10,itcanbearticulatedthatNikehasappropriate environment management system which comprise of preventive and structured way of enhancing environmental performance. The organisation focuses on impact of product, services and operations on environment. Nike complies to obligation of restriction of use of certain hazardous 43
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substances which can lead to contamination. The best example of environmental management system of Nike is Zero waste from contracted footwear manufacturing sent to landfill or incinerationwithoutenergyrecovery.Further,9%ofthecompany'spolyesterproducts contained recycled material in 2015, up from 27 % in 2011. However, it is critically evaluated thatInaccordancewithenvironmentalmanagementsystemofNikeitisidentifiedthat organisation adopts ambitious environmental workplace goals which encourages sustainability in supply chain management and aid in managing environmental benefits. Further, respondents outlined about Energy efficiency which is attained by Nike through Energy and Carbon Program (Kleinfeld, 2016). For managing water efficiency company complies to new technology that is Cool Dry technology which dyes fabrics using zero water with the helps of which company has saved 20 litres of water. Theme 11:Yes, respondents think integrating CSR with Brand marketing strategy will help Nike in attaining growth 11. Do you think integrating CSR with Brand marketing strategy will help Nike in attaining growth?Frequency Yes22 May be6 No2 Interpretation:In accordance with theme 11, it can be said that integration of Corporate social responsibility with marketing strategy of business sis the major aspect which can assist the 44
organization in attaining growth. Promoting company products and CSR by incorporating socially and ethically responsible practices assist the enterprise in gaining consumer attention and loyalty. The practice assist in managing ethical marketing practices which also boost sales. Marketing campaign of Nike are effectivebecause of the balance company creates between attracting new customers and keeping existing customers. Also, the major focus of firm is on set unique product slogan in order to gain consumer attention. However, it is critically evaluated that As per few participants it has been identified that marketing of Nike is empowering and enthusiastic as it specially targets young customer can focus on boosting individual morale to follow passion with courage. The spread of motivation among society with marketing denotes integration of responsible practices with marketing strategy which supports growth. Thus, from the survey view it can be articulated that integration of CSR with brand marketing requires huge cost investment but is successful practice to attain competitive advantage among global level competitors. Theme 12: Yes, respondentsthink integrating CSR with business level strategy will help Nike in attaining business growth 12. Do you think integrating CSR with business level strategy will help Nike in attaining business growth? Frequency Yes25 May be4 No1 45
Interpretation:From theme 12, it can be said that integration of CSR with business level strategy will assist the firm in managing growth because in focuses on improvement in wide aspect of organization thatchange employee management policies, sustainability in supply change management, waste management in manufacturing and production process, etc. As per view of participants it is been identified that policies of CSR helps the business in minimizing changes which occur due to uncertain changes in macro business environment. Further, practices helps in managing opportunities and weakness which are the major aspect of growth. In accordance with the view of respondents it can be said that CSRinto businessprocesses and stakeholder management, can aid in achieving the ultimate goal of creating both social value andcorporatevalue. Theme 13: Yes,company communicate its Supplier CSR/Sustainability Policy to your suppliers 13. Does your company communicate its Supplier CSR/Sustainability Policy to your suppliers?Frequency Yes29 No1 Interpretation:As per the view of participants it has been identified thatNike communicates suppliers about CSR polices related to suppliers which helps in maintaining qualityand adequate availability ofraw material. It is important for thecompanies to comply 46
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with supplier code of conduct as the individuals are external business partners and shares high level of interest with products and services of business. This is further supported by literature review section 3, Supplier guideline of Nike is been divided into three aspects that is labour safety, environmentandhuman rights. Further, purchasing principle comprise following transaction price which needs to be economical and fair and reasonable. Purchasing needs to be based on number of estimates in order to minimize waste and purchase of raw material is completely dependent on compliance withregulation. Thus, it can be said that communication of supplier polices and guidelines to suppliers helps the firm in managing quality of products, cost effectiveness and stakeholder satisfaction. Theme 14:Ethical responsibility is the most important CSR practice which needs to be considered 14. Which is the most important CSR practice which needs to be considered?Frequency Legal responsibility4 Ethical responsibility14 Philanthropic responsibility7 Economic responsibility5 47
Interpretation:As per theme 14, it is identified that ethical responsibility is the important aspect of CSR which needs to complied and focused by Nike for manufacturing and marketing products and services. It is necessary for the enterprise to conduct training employees on ethical code of conduct which can be explained with the help of different ethical theory. This will help in minimizing critique arguments and customer favour ability. Further, few respondents statedthatcompanyalreadycomplieswithnecessaryregulationsandthereforelegal responsibility can be secondary but it is important for the employer of the organization to manage viable liable in polices as per changes in legislation. Apart from this, it is critically evaluated that it is important for the Nike to consider Philanthropic responsibility which aim at social welfare management by company which is the majoradvantage with Nike as theCSR initiates of organisation are specially focuses on social development. Theme15:SuggestionforchangesandimplicationwhichNikecanconsiderwhen integrating and implementing CSR practices, polices and activities Interpretation:In accordance with view over specific closes ended survey question recommendation were open ended for participants. In accordance with this survey question it has been evaluated that Nike complies to social, economic and environmental sustainability but there are few practicesor business process which lackssustainabilityfocuses and efforts like employee management policies. The respondent suggested about work life balance to lower level employees as it can assist the firm in managing providing job satisfaction and increased working productivity. Further, it is outlined that integration of CSR activities and policies in internal business management which can assist the firm in minimizing ethical issues which arise due to marketing or designing of products. 48
CHAPTER 5: DISCUSSION From the above primary and secondary analysis, it has been found out that practices, policesandactivitiesofCorporatesocialresponsibilityhasbecomeessentialtomanage successful international private business. It has become important for the organisation to focus in managing responsible business practices as the millennials in developing era are focuses ethical a sustainable business management (Igwe, Icha-Ituma and Madichie, 2018). The vital aspect which need to focused by organisation is environmental development where minimizing use of natural resource and waste treatment is a crucial concern to reduce carbon footprints. This is the major cause of increased red alarms warnings and uncertain whether condition which influence business environment. In accordance with the literature review section, it is find out that responsible practices of organisation lead to development of society and human kind.CSR has become integral part of organisations and it is necessary of the management of firm to focus on communication of CSR plans and initiative to stakeholder in order to protect individual interest with organisational activities.AspertheviewsofSouza-MonteiroandHooker,2017,itisarticulatedthat profitability of company is solely dependent on doing good aspect of cop any which comprise maintaining health and safety at workplace for which Nike complies Occupation Health and Safety Act, this is supported by data analysis section. Further, company focuses on waste management system where aim of management is on recycling and reusing resources. Further, company also focuses on waste water treatment which is managed to eliminate the risk of contamination that can cause waterborne disease. Doing good initiatives by organisation denotes finical condition of organisation that is doing well (Lane and Devin, 2018). This is evaluated on the basis of profitability, market capitalization, total liabilities, total assets, etc. 49
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Figure7: Doing Well and Doing Good Design (Source:Hategan and et.al., 2018) Figure8: Indicators of doing good and doing well (Source:Hategan and et.al., 2018) Further, from data analysis section, it is find out thatCSR integration within existing business strategies it has been found that integration of CSR with Brand marketing is an effective approach which encourages communication of responsible practices of firm to customers. This helps in gaining consumer attention and loyalty. Further, the approach also supports stakeholder communication and satisfaction with business operations (Dey and et.al., 2018). In accordance with integration of CSR with marketing it is identified that Nike aim at developing emotional and creative branding campaign. In contrast marketing of company is specially focused on youth development. On the other hand, integration of CSR with business level strategy helps in achieving growth by designing products as per CSR principles and market preferences. However, from secondary review it is identified that incorporating sustainable goals in continuous business 50
practices helps in accomplishing success like waste treatment in manufacturing process, ethics in marketing, goal setting in sales, etc. However, as per survey it is found out that direct implementation of CSR practices in business is the best and easiest way of integrating as responsible practices (Sherratt, 2018). This is beneficial approach of managing changes as it supports continuous improvement in business working practices and strategies and this is supported by literature review section. From the survey it is evident that Nike integration of CSR is supportive aspect of managing betterment in corporate reputation and increased sustainability. From secondary review i.e. literature review it is analysed that over CSR practices it is identified practices which needs to be focused by firm for effective management of change and ethical business practices which comprise setting of measurable goals which aid in determining success and areas of improvement. Further stakeholder engagement assists in seeking investment and protecting individual interest in organisational activities. Mapping of sustainability issues providesmanagementfocusonareaswhichrequireschangetomanagesociallyand environmentally responsible practices (Konadu, 2017). However, it is critically evaluated that Sustainable branding and reporting are another aspect that is increase control over business practices of governmental regulation and quality standards of products and manufacturing process of company. Apparently, from primary survey under data analysis section, it has been found out that sustainable practices of Nike are focused on four key areas that is youth development,povertyalleviation,conservationofnatureandpromotingeducation.The participants of survey outlined valid facts of contribution by Nike in each sustainable initiative like Nike Go program which was initiated by firm to encourage kids to be physically active. Education support by Nike is provided by providing funds for development school in rural areas and also by organising workshops in existing school. The approach of company is to encourage innovative thinking in society and increase involvement of children in academic learning. From the literature review section, Secondary review by different authors articulated wide range of benefits of incorporating CSR practices that is buyer’s loyalty because of quality products and ethical manufacturing. Employee satisfaction by providing work life balance to workforce (François, Bayle and Gond, 2019). This aid in protecting individual interest in work and also assist in maintaining ethical working practices of staff. CSR benefits also comprise environmental protection where company aim at managing waste, making optimum utilisation of resourcesandminimumuseofnaturalresources(Knudsen,MoonandSlager,2015). 51
Nevertheless,participantsofprimarysurveyspecifiedaboutincreasedworkproductivity, sustainability and corporate reputation of Nike as benefits of CSR. The survey also presented the reason why Nike incorporates CSR that is to help environment and society. The different managerial departments of company are focused on managing boost in different aspects that is motivational marketing campaign, use of eco-friendly manufacturing material, training of ethical practices and code of conduct, etc. In accordance with implementation of CSR activities it is been identified that there are wide range of CSR practices focused on different area of improvement in economy, society and environment. For example, protection of human right is the concern which is focused by CSR initiative. As per this companies aim at maintaining safe working environment by complying to regulation of safe working conditions like Occupational health and Safety Act. The legislation enables governance which establish control over managerial practices of management. The governance via law enables strict control over business activities which aid in building safe and secure working environment for employees. ApparentlyRanängen and Zobel (2014),critically analysed that implementation of fair business management CSR initiatives aim at managing workforce satisfaction and equality in business activities. For managing fairness in work environment focus of organisations is on safe working condition, guidance of safety to workers for preventing workplace accidents, guiding use of resources, minimizing loss. On the other hand,Bohas and Poussing, (2016), stated about fairness in work activities which needs to focused on one key area that is rewards and performance analysis. It is important for organisation make use of relevant approach of determining employee’s performance. It is aspect which can assist different managerial department in elimination bias and focusing on individual employee efforts. For example, 360 Degree feedback method. This is suitable for evaluating employee performance on the basis of their efforts as it allows multiple rating of supervisors, direct reports, subordinates, peers and external stakeholder. This sets benchmark for employees’ development which encourages fair management of business activities (Poplawskaand et.al.,2015). Nevertheless, as per primary survey can be said that implementation of CSR activities in Nike is specifically focused on protecting environment and society. Company also focuses on employee’s satisfaction but major focus is on external business factors.Therefore, to help society company aim at briefing employees about ethical code of conduct aid in managing ethical marketing, manufacturing, production and promotion. This helps in meeting interest of 52
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external stakeholders. However, to protect environment company focuses on using eco friendly products and minimum use of natural resources.Further from the literature review section, Gazzola and Colombo(2014), outlined about customer concerns which is foremost CSR activity which needs to be implemented in an organisation as it helps the firm in focusing on quality of products. In accordance with secondary review it is analysed that to manage customer concerns it is important to focus on Total quality management. The approach promotes use of advance technology which helps in focusing on quality an also on changing customer preferences which is the main aspect to managing satisfaction of customers (Nasrullah and Rahim, 2014). Thus, the discussion can be concise by stating that integration of CSR in branding and marketing strategies of Nike within 1 month can helps in achieving growth for which it is important for the enterprise to first focus content marketing. The approach of promoting content with products helps in conveying the ides of social and environment development. This type of integration will be successful and can be managed within 30 days of time span. Apart from this, implementation of CSR activities within 2 months to outline positive impact on business growth can be evaluated by focusing managing internal changes like fair business activities with regard to employee can help the organisation in serving job satisfaction (Szczanowic and Saniuk 2014). Further, setting restriction for use of resource in manufacturing process can assist in compliance with environmental activities. 2 months is short time span in which the growth of business with respect to external changes not be evaluated and therefore it is important for the Nike to implement change as per all CSR activities and analyse results on the basis of satisfaction and interest of stakeholders.The increasing participation of external stakeholder will demonstrate the successful implementation of responsible in business operations and management. 53
CHAPTER 6: CONCLUSION AND RECOMMENDATION The research summarized about corporate social responsibility and its impact on growth of business. From the research it outlined that CSR framework is supportive tool for the business in changing era and emerging technologies. In changing business environment, it has become important for the organisation to focus on maintaining ethics of business activities. Ethical and safety business practices is the major aspect which aid the organisation is protecting stakeholder satisfaction. As per the research from different books, journals, articles it has been identified that CSR framework comprise of all the major aspect which needs to considered by organisation for providing support to social, economic and environmental development. The chapter 1 of dissertation concluded with background of topic which helped in developing understanding over research topic an element. Aim and objective of study were focused on impact, integration and implementation of CSR within business. From the above, it has been concluded that researcher meet the aim and objectives by conducting both primary and secondary research. The study is specific to Nike which is American footwear manufacturing company and a multinational corporation. From over view of firm it is outlined that advertisement and marketing are the key focus with the help of which Nike manages its sustainability and ethics. Further, the chapter outlined motive of conducting that is for personal and academic interest. Lastly, the chapter discussed bait structure of entire study and outlined significance and scope of choosing CSR. Further, from the research, it has been concluded from the second chapter in dissertation is literature review where researcher summarized different findings and facts from articles, books, journals, etc. The review is completely based on already collected information on similar topics. The scholar presented findings with the help of 4 themes and sub heading which were based on research objectives. Moreover, from the Theme 1 of research was based on concept of CSR, its impact on business growth and benefits related with integration of CSR in existing strategies of business. From theme 1 it can be concluded that CSR enables self-regulatory framework which helps the companies in establishing sustainable business practices. Framework of CSR is based on7practicesthatissettingmeasurablegoals,engagementofstakeholder,mappingof sustainableissues,sustainablebrandingsustainablereportingandlifecycleassessment. Advantages associated with CSR are improvement in productivity, competitive advantage, customer loyalty, employee satisfaction, corporate reputation. Moreover, from the theme 1, it has been concluded that by using triple bottom line model as a CSR will help the business to not only 54
promote financial services but should also consider environment in order to maintain the environment and suggest strategies that help to promote the environment as well. From theme 2, it can be concluded the benefit and drawback of CSR with existing business strategies so that it will helps in accomplishing growth because in accordance with this company can provide training of ethical code of conduct to its employees. The review summarized with specific example of integration like integration with brand marketing because it is the approach thatpromotescustomersatisfaction.Further,itconcludedwithincorporatingresponsible practices in business level strategy like employee management, supply chain management, etc. Theme 3 summarize different CSR activities which should be implemented and focused by Nike like respect for human right, addressing customer and environmental concerns, etc. it is also concluded from the study about improvement in profitability after compliance with CSR from where it is derived that after focusing on waste management Nike gain gained 54 million Pounds factor scrap which was further transformed into premium material. The reuse initiative of Nike denotes increase in cost effectiveness and profitability of business after compliance with CSR concerns and practices. Third chapter of dissertation summarized different type of tools of research methodology with justification of each tools. This helped in gaining understanding over research tools that assist in making research systematic and synchronised. Research philosophy used by scholar is interpretivism as it helps in integrating human interest study. Further, scholar used inductive approach which helps in logical reasoning of collected information. The approach is suitable for qualitative type of study as it aids in compare and contrast of wide range of facts and findings. In this study random sample was done and there were 30 randomly selected participant who shared specific information about CSR practices of Nike and changes which company can made in accordance changing business environment. Researcher used qualitative type as it is used for descriptive and theoretical analysis which helped in identifying the way in which CSR is influencing business performance and growth. The research is based on both primary and secondary data collection where primary is collected via survey questionnaire and secondary is collected via books, journals, online news, articles etc. which were of similar topic.Scholar analysed collected information with the helps of thematic analysis and bar and pie diagrams. In accordance with the view of participants in data analysis it can be concluded that Nike is highly focuses on managing ethically and socially responsible practices. As per the results it can 55
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be summarized by stating that majority of participants had clear understanding over concept of CSR and its impact on business growth. The respondents stated that it is model which is accountable for improving quality of business management. Further, it is identified that there is relationship between profits of organisation and CSR integration where it is important for the firm to keep a balance between doing good and doing well aspects. Further the practices assist in managing occupational health and safety which reduces the risk of workplace accidents and minimize the risk of loss. Integrating with ethical management will assist Nike in focusing on waste management initiatives which is crucial concern to management environmental protection. On the other hand, it is outlined that Nike allocate separate funds for implanting in CSR which supports adequate availability and systematic focus on CSR initiatives. The company prefer direct investment in CSR as focuses on third part audit. This denotes systemic efforts made by company for focusing sustainable management of business practices. Hence, from the entire research it is concluded that CSR is an integral part ofbusiness and therefore it is necessary for Nike to integrate and implement CSR practices and activities in organisation to manage growth. This will help the enterprises in servings stakeholder satisfaction and continuous business growth regardless of changing business environment. Recommendation In accordance with research, it is evaluated that Nike has complied with wide range of CSR practices and polices and is involved in implementation of responsible activities.However, the study also outlined ethical and environmental concerns faced by firm with respect of economy, society and environment which needs to be focused to manage responsible business functioning. Few recommendations which can be made to Nike are as follows: Respect for Human rights- Nike can engage in implementing proper code of conduct for maintain basic human rights of employees. They should work on the conceptthatall human beings are born free and equal in dignity and rights.” For this the company can involve in hiring people from diverse culture and giving them equal opportunities to grow. This can help Nike in building goodwill. Social contribution- Nike can engage in making a policy of not hiring children for maintaining goods. In this way they can say no to child labour and build a good image in the market. Nike can also involve in giving donations to people who are in need. This can 56
help them in building their brand image. They can involve in running campaigns for helping people or also they can invest in educating children. Consumer Concerns-Consumer are the heart of organization, company must make sure that their customers are happy and satisfied with them. Nike must involve in taking feedback from customers regarding their products and quality. They must also be engaged in analysing their needs and demands (Ranängen and Zobel, 2014). Nike can also maker privacy policy in which they do not share any information of customers to third party. Environmental activities- Nike should promote use of eco-friendly materials to produce their products. They use material like organic and recycled polyester. Nike can also make its manufacturing process transparent to all stakeholders which consist waste and water reduction strategy. They can also engage in selling out their products in Paper bags instead of plastic bags. This can assist them in contributing towards environment saving. It is also recommended to use quantitative study because it helps the researcher to get best results as compared to qualitative research. It is also analysed that qualitative research mostly depends upon the assumptions and that is why, it is usage of quantitative study is more beneficial. Integration of CSR with business strategies Nike’s Code of Conduct must be aligned with international standards and contains the foundational requirements all suppliers must meet in producing Nike-branded products.It isimportantforthecompanytomeetinternationalrequirementwithregardto employment policies, environmental protection and economic contribution. For example, company should focus on labour standards of different countries in order to promote development of economy on the basis of requirement. This will help the Nike in focusing on movement areas rather than overall development. CSR initiative in supply chain management of Nike should be transparent to stakeholders in order to gain their interest and participation in reasonable change management of enterprise (Hackertand et.al.,2014). The support from external stakeholder offers the biggest advantage in CSR integration and accomplishing business growth. The company should focus on green building initiatives when opening new outlet across the globe and also for manufacturing area. This will assist in improving focus on 57
environmentconcernsandcreatingawarenessamongpeopleaboutmaximizing environmental and economic performance by focusing on reducing wastage of water, protecting biodiversity and ecosystems, conserving natural resources and improving the water and air quality. 58
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APPENDIX REFLECTION A research on the topicCorporate social responsibility and the impact on business growth was conducted by me. In this research to understand the concept of the topic we have went through the opinion of the literature which has developed the my knowledge about the same. After that we have conducted the research to understand the different pros and cons of the research tool, on the basis of the same best tool has been selected to conduct the research. After that with the help of the primary data which was collected with the help of the survey we have interpreted the data and recommendation about the issue was given to the company.This research was conducted in the team, all the member in the team was allotted with the specific task to be performed. As this research was allotted to me I used to work with all the member and used to perform the variety of the task which has helped me in developing the variety of the new skills in me During the progression or process of conducting the research there were many different type of feeling which were felt by me. At the initial stage I was to nervous to conduct the research as explained in the above section as well that I was not having that good knowledge about the topic of the research on which the research is to be conducted. Also at the initial stage I was feeling some sort of hesitate to take the step or the action in the organization. At that time I used to take the help of the senior management and senior member of the team. This has helped me in conducting the research as once I have passed with some of the step I was finding the confidence to conduct whole research as senior member and management used to provide the valuable feedback on the basis of the same I used to take the step to correct the same. There were many situation in the process where I was confused and that has shaken up the confidence of mine during the research. At that point of time I have taken the help of the reference of the other research and with the help of the same I have overcome all the issue which was faced by me. At the end of the research I was feeling so satisfied and the happy because I was able to find out the result of the research very proficiently. Also I was highly motivated about the same. During the process of conducting the research I always felt that other people in the team were also very confident the way research was going and also they were satisfied at the time we were successfully able to ascertain the result of the research. There were many activity in the research which went well as though and also there were 64
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many activity which were not well as well as thought. Collection of the data was the activity which went very well during the research. As the outcome of the research was heavily depended upon the data which has been collected . So for the reason of the same there were proficient employee and one senior was there to help me. The coordination between all of us has helped us in getting the better result out of the source through which we have collected the data to conduct the research. Another thing which has went well in the research was the selection of the respondent. As there were many confusion in the starting about what number of the respondent and what technique need to be selected to conduct the research so that the best amount and quality of the primary data can be collected to conduct the research in the organization. Also selection of the different tools and technique for the conduct of the research went well which has helped in improving the efficiency of the research conducted. There are many things which were not went as per expectation. The first thing was approval from the tutor as it was always difficult for us to get the appointment of the tutor and have a approval of the tutor on the research. As tutor has to check more than one project at a time. For overcoming the same issue we have started taking the appointment of the tutor two day prior to the the review. On the basis of the same we used to send our project to get them approve by the tutor end. Another thing which does not went well as per the expectation was interpretation of the data. As in the team there were a confusion about which technique is to be used to interpretthe data as some were having different thought and some were having other opinion. For overcoming the same meeting was called in which it was decided to choose the thematic analysis tool as this tool used to present the data with the help of the graph which will be easy to interpret. Conducting the research has helped me in going through the variety of the new concept and the knowledge which was not possessed by me in the past. The biggest gain was the knowledge about the CSR and impact of the same on business growth as in the past I was having the knowledge about the CSR but only briefly not that thoroughly but this research has taken me through the variety of the information. Another thing which was adopted by me was the information regarding how to conduct the dissertation. As this research has shown me the way through which the dissertation was conducted. This knowledge will eventually helped me at the time of conducting any other research ether for the same organization or for the other organization in the future. . Some of the skill are communication, as we all used to coordinate with each other in the organization to fix up the schedule with the each other in the 65
organization. Sourcing skill as research is based on the information which has been gather with the help of the different sources. This has drive me to collect the data from the different sources to find out the outcome of the research. Interpretation or the analysis skill are the other skill which was also developed by me as the research has asked me to analysis the good amount of the data in the process of conducting the research. The biggest positive experience which was gained by mewas the confidence as now after conducting the research I used to feel high on confidence to conduct any research in the future if the situation demands in the coming future. Another positive experience was working with the team. As it was mine first experience of working in that big team to carry out the research and this will help me in future as well. The negative impact which was seen by me was that I used to get frustrate very easily in the process of caring out the research. This has sometime created the situation that there may be a conflict in the team but some of the senior in the team always took the control and avoided such sort of the situation. Another negative issue which was identified by me was that I was not that I am not that good when it comes on to the written communication skill. As it has been find out that every time when in the organization there were situation to communicate with senior or other department I used to loose the control over my language. This has some time created the wrong impression of mine in front of senior. To overcome the above mention skill there are many steps which will be taken by me, so that I find it easy to overcome the same in the future. To reduce the frustration level I have decided that I will be taking the help of thetutor and also will be taking part in the different conference and seminar. This will help me in having the better control over my emotion as compare to the past. Also I will try to understand the issue in more proficient way and after that will make the different decision. It will eventually help me in understanding the different aspect very easily and on the basis of the same will able to build the good trust among the team member in the future. For improving the written communication skill will take help of the tutor and also will try to take help of the different sample and template of the written communication as a reference to conduct the written communication. This will eventually help me in building the good impression of mine on the other party involved in the communication and also will help me in improving the command over the language. Also there is option of taking the feedback of the senior management to improve the variety of the skill which has been lacked by me. 66