Sustainable Approaches to Business Strategy and Management

Individual report and
reflection

Table of Contents
INTRODUCTION...........................................................................................................................1
Main Body.......................................................................................................................................1
Summary of the assignment brief and task.............................................................................1
Discuss sustainable approaches to business strategy and management.................................1
Examine various approaches to CSR of Micro, SME and cooperate business......................4
CONCLUSION ...............................................................................................................................6
REFERENCES................................................................................................................................1

INTRODUCTION
Human Resource management is the procedure of hiring, recruiting, motivating,
deploying and managing all issues and grievances associated with staff members (Asad and
Haider, 2018). They are accountable to tackle human assets and work culture in effective
manner. IKEA is selected for the completion of the report. It is a European international
company which design and sell kitchen accessories and appliances. This leading firm
headquarter is in Leiden, Netherlands and was founded in the year 1943 by Almhult, Sweden.
Organization is serving it's goods and services of worldwide. Some of the products offered by
this successful company are, food products, ready to assemble furniture and home-ware. This
assignment covers sustainable approach to business strategy and management. Additionally,
distinguish approaches to CSR on micro, SME and corporate business are studied. Along with
this , if the approaches differ from one other justification is provided. On the other hand if yes
process or ways are stated how to measure success in their CSR strategies.
Main Body
Summary of the assignment brief and task
IKEA is a leading company dealing in kitchen appliances and are serving the goods and
services across the globe. Sustainability approaches are discussed so that productive results can
be attained in the competitive market place. By effectively using sustainability approaches in the
working premises company are able to gain competitive advantages against rivalry.
Sustainability approaches to business strategy and management directly assist in maximizing
their opportunities and cut down negative impact which business operations have on
environment. Corporate Social Responsibility (CSR) approaches are used in micro, SME and
corporate business in order to better understand their influence in each sector. By this
management is able to design unique strategies in order to overcome the challenges of CSR on
business day to day operation. Every organization varies from one other so that influence of CSR
approaches also differentiate from micro, corporate business and SME (Crane and Spence,
2019). Along with this, how to measure success in their CSR strategies are explained briefly.
Discuss sustainable approaches to business strategy and management
Sustainability is explained as meeting the needs of the current without compromising the
ability of of up-coming generation to meet their needs. It helps in IKEA to take better decisions
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