Managing Successful Business with Corporate Social Responsibility
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This document discusses the importance of managing successful business with corporate social responsibility (CSR). It explores the impact of CSR on NISA Limited and covers project planning, execution, monitoring, and closure. The advantages of project management and the significance of CSR activities are also discussed.
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MANAGING SUSSECCFUL BUSINESS
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Table of Contents Project plan..............................................................................................................................................................3 Managing small business project..............................................................................................................................3 A. Definition............................................................................................................................................................4 A. Definition...........................................................................................................................................................5 Problem statement.....................................................................................................5 Project strategy-........................................................................................................6 Project objective-.......................................................................................................7 Deliverable.................................................................................................................7 Project Scope Statement..........................................................................................8 Success Criteria.......................................................................................................8 Project Assumptions..................................................................................................9 B. Implementation plan-..........................................................................................................................................9 B. implementation plan.........................................................................................................................................10 Work breakdown structure.....................................................................................10 Schedule (Gantt Chart)............................................................................................10 C. Project Processes................................................................................................................................................11 Communication plan-.............................................................................................11 REFERENCES......................................................................................................................................................12
INTRODUCTION Corporate social responsibility use by the many company in a form of corporate self- regulation integrated into the business model. This policy function based on the self- regulatory mechanism that the business monitor the activities compliances with the law, ethical standard and at the national and international norms. This responsibility attracted the attention from businesses and many stakeholders in regards to its benefits. CSR is based on the human’s resources, developing the business and public relation department of the company or take the responsibility by the CEO and director of the company. In this case in the recently business environment, in response to maximising stakeholder value and expectations, the strategic benefits of this function has seen many companies having a competitive advantage. NISA company follow the these responsibilities to maintain the its profit in the market and follow the many CSR activities to increases its business activities in the new markets. Together with the rise of globalisation, companies now employ CSRmanagers,expertsandconsultantstoproducecomprehensiveCSRpoliciesand programmes, to give them a competitive edge and build stakeholder trust and loyalty. CSR Significance CSR activitiesare being considered as one of most significant section for every organisation because it allows to present working in positive manner. Along with this, it has been noticed that CSR is significant to have improvement in brand image so that goals and objectivescanbeaccomplishedeffectively.Moreover,CSRallowstomanagesocial responsibilities in desired manner. Project plan A project plan defined as the projectmanagement planning in the organisation new projects such as innovation in new products, adopted new strategy, use of the new technology in aformaldocument used by the managers to guide their employers both project planning, activity and functions of project control. Stakeholders uses of this plan are to assignment planning, controlling, organising and controlling, facilitate communication among project researchers, stakeholders, managers (Meskendahl, 2010). This document create scope, cost and schedule base line by the managers and researchers. The purpose of creating a project plan to identify the problem, who take the responsibility and the time line of complications. A complete assignment plan according to company standards and capability such as the task
management body, this plan also including the all activities, management and control of the all project functions. This information also provided by stakeholders and evaluating other documents that will be produced products and services such as a procurement plan. Managing small business project NISA retailer limited is a small business entity is a brand andbuying the local group of the retailers those areproviding small grocery shops and small wholesalers in the UK It is organization created by its Owen members and planning, operating, controlling and a cooperative using the collective buying power of the large group of members to deals with local suppliers in the market. An effective assignment in a small business achieving the project goals and objectives, in a time line, with in the budget and availabilities of fewer resources comparability the large organizations. Company involve the identify the methods applying by the managers to achieve further goals of project and which do not add value in the business structured in the small company environment of the company. Company use the tools and techniques for simplify collaboration and encourage sharing information with their team members are useful, while planning that require less structures and give detailed about the task descriptions don't use by the company. A combination of high-quality activities, reporting, toolsand techniquesand flexibleorganizationisthe most effectiveof the organisation (Röglinger, Pöppelbuß and Becker., 2012). Types of research- There are many types of research use by the researcher to analysis the data and gathering the information about the individual topic, company and people. Those types research use in the company- Qualitative and quantitative research. Qualitative research-This type of research to get the information from the internal environment and use the many tolls such as case study, newspapers, magazines, old accounts and reports of the company. In this approach the investigators use the post- positivist claims for gathering the information and data. Quantitative research-In this research type the research use the external tools such as survey, interviews, questionnaire, observation and sharing the old experience by person. In this approach the researcher inquire to make the information by the individual experience.
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Data analysis-This method use to compare the old and present data of the company to get the different between in the profit and loss, identify he position, customer satisfaction level and identify the percentage result.There are two types of methodology- Qualitativemethodology-Its includes the nominal data to analysis by the use small data to compare with the other data. Rank data analysis the result and give the different ranks according to the activities, information and profit. Quantitativemethodology- this type of data analysis by the discrete method and continuous methods. Recommendations- The researcher use the new tools of the data gathering for the research. Its use the many case studies. Online information, questionnaire, feedbacks and data analysis methods. Investigator use the observation to get the different experience of the peoples about the topic and company. A. Definition Project management-Project management in a company is the use for planning, initiating, organising, controlling, executing and end of the work of team to achieve a goals or objective and achieve successful criteria(Meredith Belbin, 2011). A project is a temporary endeavour planning and innovate to produce a different goods, service or to get a result with beginning and closingusually in a timeline andby funding the stakeholders, undertaken to achieve the goals and objectives. The primary challenges of a company in the management is toachievealltheprojectobjectiveswithinthegivenconstraints.Companyusethis information to Many industries use of these project stages to verify the steps to be renamed in order to better uses toolsand suit the organization described by the user or task plans, which is development at the beginning of the development process of a project. Stagesofprojectplan-NISAlimitedincludingthemanystagesinproject management. Mangers in the starting of a assignment will using by those employers involved in working this task to analysis and planning of document, creation of initiation, planning for adopted stages are involved in the project. Definition-Before start a project by the managers must clear the goals, objectives risks, scope, strategies, problems, financial availabilities, and techniques are defined. This
definition communicated within the all stakeholders and managers to create a document without any differences of opinion of stakeholders solved the all issues before start the work. Initiation-In thisstep the most important stage of a company planning a projects create and set the all terms and conditions with thereferences within the project will be run by the managers. If any situation are not done by any employers, the project will have a high possibility of losses its profitability. Planning-In this stags stakeholders planning the activities and strategies use in the assignment. Successful of project plan of a company its depend on its planning stakeholders. Mangers are plan for a project including the identify the problem, select the strategy, techniques, and budget according the company capabilities. Execution-In this situation company work to create and deliver the product or service to their consumers and get the result with the high profitability from the market. The work and activities related to the project task problems are identify at this stage and need to adopt the approaches by the project manager(den Hertog, van der Aa and de Jong, 2010). Monitoringandcontrolling-Companystarttheprojectitisimportanttothe managers to control the all activity and functions. In this stage result achieved by regular identifying the of all tasks, problems, progress, risks strategy and checking of the case to evaluating the expected benefits from the stakeholders(Smith and Tushman, 2010). Closure-It is an important to a company to make sure the project are closed properly by the team members. the project mangers should review the all records of good and bad points. Advantages of project management The advantages of project assignment to serve everyone involved in the process: the company employers work on the project, the consumers waits for the completed products and the production and distribution team achieve the project up and running. Advantages are; Better distribution services –NISA limited providing a road map that is followed by the channels and guiding to project compilation. The company know avoid the issues and surface caused, it stand to issues the mangers going to work start smartly not longer. Improving customer sanctification-Company done a project a within the budget the Client walk away happy. Company's create a innovative project task provides the information and techniques to use for better relationship within clients and consumer.
Better Flexibility-Business plan the creative benefits of assignment management is that it create the flexibility in their work place. Its allow the strategy want to take the advantages, techniques for its employees work with flexibility. A. Definition Literature Review- Project-The topic of this case study is managing successful business with corporate social responsibility. Research project aims-According to the Edward Yourdon (2011), the research project aims to identify the problems of the company that make the research. Its determine the impact of the corporate social responsibly activities on the NISA business. Project objective- Project objective are aims, goals, plans and simple of the NISA limited. These are the business objectives that company wants the projectto accomplish. A business project objective must be clear, measurable and contain of key performance indicatorsthat will be used to assess a success. These indicators will often covered those of a organization areas such as budget, quality, activities and time to completion of a task(Wheelen and Hunger, 2011). NISA company develop a project plan and achieve the objective are flow those factors; Cost: It is the price and amount which is going to spent on the project by the company capabilities.Managerscreatea proper managementplanhasfollowthe costcan get minimised comparing its competitors. The cost of their product has to be in the limit and do not get exceed in the market prices. Selling price should be settle down according to the customers level so, that they can easily purchases the product and service of the company. Scope:NISA limited include the scope of the project which they want to implement. Scope cover the areas in which managers they can function properly. So retailers business have to maintain a proper scope for their customers and in the market places. Performance:Company performance objective are simple written of what good performance of the employers in a task. Performance of employees effect the all project and its functions cost, and its objectives to achieve in the future goals. Time objective:In a company the time objective is the targeted the duration of time of close a project and a product and services level within a organization process to restored
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the all steps after a cancelled the order of unacceptable avoid by the managers and strategy to take a break in business continuity. Project Scope Statement. A scope statement of company should be written by the managers, before the create a documentof assignment and applying by the mangers in a different terms of product of the project. A scope document elements of any task of a business. A good statement of company includes the following information; Identify of a full declaration regarding the business goals and objective of the project are uses in different ways. A clear discussion about the justification for a assignment appear in the members. Statement declaration include the nature of the goods and services or result produce. The situation that met the before applied and accepted by the managers. NISA project statementaboutwhatthetaskwillnotaccomplishorproducts. Company are exclusion the many function in a projects which are not including the process. Generally identify thewhat is excluded from the project. Explicitly stating what is out if the scope for the task help to mange stakeholders and managers exceptions. The scope of project is to make and enter in the competition in the market. Some exclusion are assumption and constraints for this business task. Exclusion are those things that outside the project secondariness(Keller, Parameswaran and Jacob, 2011). Problem statement. This statement is defined the risks, issues and information that use to identify the solution by problem solving team members or presented by the stakeholders before they try to solve a problem. These statement of the problem create the question: What is the issues, who solve the problem and what resolution of the problem. The aim of this statement to be focus on the activities and functions of the problem solving team of the NISA limited. Mangers focus on the issues is high level and scope of solution is take the lower level, that creativity and innovation of the solution given by the stakeholders(Trkman, 2010). The management of a assignment the statement of a part of the task members Create a lists of essential tools and strategies uses in the project and the manager to identify the scope of the company.(Ajmal, Helo and Kekäle, 2010.). Project strategy-
Organization good be tactical project such as moving to a new building or introducing a new product in the market to increases its value in the market. These tasks that have one operationalaims,whichprobablydoesnotcontributionsbyemployeeswithinthe organization. A strategy project a primary goal to achieve goal of gaining by the competitive advantages by focusing on the NISA overall direction. Strategy are planed to analysis the new opportunity for the company, its including the buying the small retailers to meet the target of sales in the future. Breadth entailing the bulk of workforce, may decade a need for retraining and processes may have to be redesign to keep the standers of operations at high level of the organization. Company should taker step both a breadth spam and addressed strategic aims to be defined in comparison with a tactical project with other company. Tactical goals co exit with in the project should be completed on deadline and within budget of the organization. NISA put more focus on the project to support strategies use to reviewing the vision and give direction to business in the market. Company can achieve to providing a person to be involve in the project or managers, work on activities, function, timeline, cost and efforts by the management team. Company re-access clients needs by the searching in the market. The end result of business ultimately is to meet the needs and wants of a client. Improvement in the business process that were put in place when the started its work may not be effective or even relevant any more. As a business grow process must update or possibly removed the issues and strategy if they no longer make sense in the company or if they create unnecessary work for employees for take extra time. Company management must be intended to make vendor services offering related change but they are work in another task, paying for services that do not fully meet the company needs. In conjunction with revisiting vendor product and services offering taking an inventory of all information system, and technologiestake in a list of project. This is not to suggestjumping ship annually with all vendors only make the move when significant gaps exitingoffers cannot significantly support the business currently or grouping forward. Re deploying the human resources department and most difficult project to approach as it has the potential to place employees in state of panic. The goal behind the project to be
determine most value added use of human resources by matching high level skills set to the requirements of the company needs. Deliverables. NISA limited uses deliverable term in assignment to described a tangible or intangible goods or services producers as a result of the project that is intended to be delivered to the end consumer fulfil the needs and wants. It is retailers company to provide fruits, packing food, cosmetics and vegetables to consumer in the market. Company provide many products in tangible form to fulfil the consumer need and wants accordingly the demand. Enterprise producing product to the customer or report for your employers and have project and those project must have deliverables. Company project deliverables are the tangible products generated from a project in form of packing foods, fruits and vegetables. Company provide intangible services to their customers like online shooing, home based services. Success Criteria. Company project success criteria are take a standards by which the project activities will be judged at the end stage to take the decision whether or not it has been successful according to the stakeholders strategy. Business use the different types of performance indicators include in the success tools to deliver the tasks bearing in the mind of managers. It is a method to identify the benefit gained from understanding the project. The project managers verdict for task successful criteria. This technique use to prove the identify the any mistake in this task. Company use the factors in task success is to exceed consumers exception by completing the assignment with in the budget, timeline and maintain quality. Project Assumption. NISA limited start a assignment, planning, controlling, by employers and other senior stakeholders shared the information about the techniques use in the project to understanding of the success task. These functions are involve those events and activities that are expected to end the task timeline for successful implementation and completion by the mangers. Business need to make a description of any assignment assumption related to a enterprise, people, techniques, expectation.
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B. Implementation plan- Company use the implementation plan for detailing listing activities, costs,time, expected difficulties and scheduled that are require of activities the objectives of a strategic plan. An enterprise flow those steps for a implementation plan; Prepare the infrastructure-Company crates a a project implementation plan for a company to prepare structure uses for the implementation of the project. This function may include the all of the materials uses in the works have been collected by the team members Where the structure are replaced and updated by the managers need to dividing work with the task team members and staff members involved, to create a deadline or plan for the required its creation. Coordinating with staff and stakeholders-In this stage managers will try to ordinate withitsteammemberswhoinvolvesinthistask.Managerswillbereadyforthe implementation, the stakeholders create a plan for the complete the task. In this stage require the good coordination with staff members who are affected on the project. Members need the help to be clear on the goals of a new task to the help in support to achieve their aim. Employee put input at this stage to identify the difference between success or failure of a project. Preparing staff for implementation-Company prepare the staff for change in the organization structure, function, and adopted the new techniques, in this step create a better planning for staff members who involved in the task. This step involve identifying the skills and capabilities of employers according to the project. Monitoring the implementation of the project- This step involve creating a deadline for the planning process for the task and create a monitoring plan for employers to delaying the complete the task. Proper project management often leads to success-NISA limited that experienced project managers can often mean the difference between the success or failure of a project.
Research questionnaire-
Name: Address: Age: Q1. Which is area of social responsibility more significant for your company? Governance with the stakeholders Policy of the employees Relationship with clients and suppliers Environment protection Q 2. Which of the following problems in company has recently faced ? Employee safety Children work Women rights Overtime Q 3. CSR is beneficial for the company ? Yes No Q 4. What type of measure adopt the company for reduce the environment impact? Energy saving Recycling the waste Use friendlily products Use of renewable resources
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B. implementation plan Work breakdown structure A work breakdown structure, in a company to included the smaller elements and component of a task management. It is a important task for deliverable that organization team work into manageable section in the market. Schedule (Gantt Chart) A Gantt chart is a type of bar chart to identifying the levels of the company by that some examples of a project schedule by the managers.Gantt charts illustrate the start and finish dates of the terminal elements and summary elements of a project in the organization.
C. Project Processes Project management include the core process that connect the all activities and processes together. Project imitation-This is the starting point of any project processto identify the all activities including in the project to takes a place, usually the main functions of the organization. Planning-In this step the planning for to use the tools and techniques of the project requirements. Its include the all approaches use in the implementations. Execution-During the project execution are adopting reporting activities of the employers to be done in the project. NISA uses the execution in a task to track cost of the project in order to determine the assignment strategy in the market. Control-In this stage the managers close the task to stakes place it is time to review the full project by stakeholders. Company during this evaluation process the services may notice the mistakes and take necessary action to avoid in the future(Kindström, 2010). Communication plan- Communicationplanningisanartandscienceanditisprocessofwayto communicate with others. NISA uses the plan to communicate including many ways such as use online mails, telephone, through the written messages and video calls.This type of plan includesasender,keymessages,targettheaudience,timing,thedesiredoutcomes, communication channels, and the receiver. In addition to this, it can be said that by having an effective development of CSR activitiesthe issuescan be resolved in desired manner. Along with this, it helpsin maintaining the ethical issues so that sustainable implementation of plan can be taken into account. It has also been noticed that by having a consideration of ethics in project plan the work standards can also be well maintained. Moreover, ethics must be communicated among members with an assistance of communication plan to ensure about the application.
REFERENCES Books and journal Ajmal, M., Helo, P. and Kekäle, T., 2010. Critical factors for knowledge management in project business.Journal of knowledge management.14(1). pp.156-168. den Hertog, P., van der Aa, W. and de Jong, M.W., 2010. Capabilities for managing service innovation:towardsaconceptualframework.JournalofServiceManagement. 21(4). pp.490-514. Keller,K.L.,Parameswaran,M.G.andJacob,I.,2011.Strategicbrandmanagement: Building, measuring, and managing brand equity. Pearson Education India. Kindström, D., 2010. Towards a service-based business model–Key aspects for future competitive advantage.European Management Journal,28(6), pp.479-490. Meredith Belbin, R., 2011. Management teams: Why they succeed or fail.Human Resource Management International Digest.19(3). Meskendahl, S., 2010. The influence of business strategy on project portfolio management anditssuccess—aconceptualframework.InternationalJournalofProject Management.28(8). pp.807-817. Röglinger, M., Pöppelbuß, J. and Becker, J., 2012. Maturity models in business process management.Business Process Management Journal.18(2). pp.328-346. Smith, W.K., Binns, A. and Tushman, M.L., 2010. Complex business models: Managing strategic paradoxes simultaneously.Long range planning.43(2). pp.448-461. Trkman,P.,2010.Thecriticalsuccessfactorsofbusinessprocessmanagement. International journal of information management.30(2). pp.125-134. Wheelen, T.L. and Hunger, J.D., 2011.Concepts in strategic management and business policy. Pearson Education India. Online Managingsuccessfulbusiness.2017.[Online].Availablethrough. <https://www.entrepreneur.com/article/223390>. [Accessed on 15thApril 2017].
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