BUSN11127 Leading & Managing Change: Business Ethics & Sustainability

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This presentation provides an analysis of business ethics and sustainability challenges within the retail industry, focusing on key ethics such as honesty, integrity, and care for others. It addresses sustainability challenges like resource consumption and environmental impact, particularly concerning palm oil sourcing and energy usage. The presentation also delves into leadership ethics, CSR responsibilities, stakeholder engagement, and corporate citizenship, offering tools and techniques for managing business ethics effectively. It uses the example of Sainsbury's to illustrate these concepts. Desklib offers various study tools and resources for students, including similar solved assignments and past papers.
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LEADING AND
MANAGING CHANGE
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TABLE OF CONTENT
INTRODUCTION
MAIN BODY
Key business ethics:
Sustainability challenges faced by retail industry
Leadership Ethics:
CSR responsibility:
Stakeholder:
Citizenship:
Tools and techniques of business ethic management
CONCLUSION
REFERENCES
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INTRODUCTION
Business ethics are loyalty, care which a
businessman shows towards their customers.
Sainsbury code of conduct for principled trade
which is centered on the ethical dealing
enterprises.
Sustainability in the business helps the business
to grow more. Sainsbury is dedicated to moral
dealing and obtaining goods with honesty. It
helps the businesses to limit consumption of
their resources to protect environment.
Mediate administrator supply advanced level
scheme and plan of action determination into
functional methods and operations and gives
response for superior handler about the
consequences of occurrence.
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MAIN BODY
Key business ethics:
key business ethics are honesty, integrity, care for others, loyalty
etc. Sainsbury providers are necessary to display compliance
alongside the code of conduct for ethical trade and to deliver
indication of nonstop enhancements in employee wellbeing.
Achievement of suitable business line of reasoning and practice
session with respect to arguably controversial subjects.
Sustainability challenges faced by retail industry
Sustainability in business means achieving the business goal without
comprising future generation ability. Sustainability in business
allows them to limit their consumption of natural resources to
protect environment. For Sainsbury retail industry products are their
key element of their success
.For an example as palm oil becomes the problem for retail industry
to find sustainable resource because of deforestation of palm trees.
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CONTINUE…
Sustainability in business allows them to maintain
all the economical, environmental and social
factor so that it will be easier for next generation.
Sustainability in Sainsbury is also important as it
allows them to limit their natural raw materials
and develops alternative of them.
For Sainsbury, industry energy impact
significantly on environment as emission of toxic
gases that causes several problems in the
environment.
To decrease the environmental cause develop by
energy retailer company Sainsbury uses renewable
energy resources to decrease the emission of toxic
gases into environment.
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Leadership Ethics:
Ethical leader always put their
customer first as priority. They
always promote their employees to
put consumers demand first so that
consumer feel connected towards
their product. Leadership exhibiting
and encouraging prescriptively
proper conduct through private act
and social relations is known as
leadership ethics.
Ethical leadership is important for
different reasons for clients, worker,
and the organization as a total.
Traits of ethical leader:
The accurate manner to
lead ethically is not founded yet.
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CONTINUE…
Ethical issues:
There are numerous other issues that flow below the ethical problems in business
explanation, including sympathy, variety and expectation, and carrying out business in
conformity to the organization's belief.
1)Discrimination: discrimination is the unjust behaviour, Numerous firm have come below
for lacking various workforce, which is frequently fallen to discrimination.
2)Harassment: The second main issue in business ethic is molestation, harassment relates to
physical touch which develops offensive work environment. In retail industry harassment is
not tolerable if anyone commits this crime they definitely sent to the prison.
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CONTINUE…
4)Abuse of leadership authority: in leadership function leaders can also use
their control to force workers to jump over few characteristic of correct
process to save time, penalize individual who are incapable to meet
organisational goals, or ask for wrong favours. In Sainsbury leader always
maintain time schedule and discipline so that employees does not violate that
rules.
CSR responsibility:
Corporate social responsibility in Sainsbury has germinated from an
worker ownership plan of action to a need for length of services in the
wholesale industry. In a nutshell, CSR is when a company's operations
heighten society and the surroundings
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CONTINUE…
Stakeholder:
Its theory is a factor of aspect inside
business ethics, popularized by Edward
Freeman, belonging that a company's director
are ethically supposed to engage together to
scale the involvement of its stakeholders in the
behaviour of its business
Citizenship:
Corporate citizenship delivers
amount when establishment modify their
centre competence to address possibility, goals
and operational circumstance issues in recent
world economy.
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CONTINUE…
Ways to solve issues: Three steps to solve the ethical problem:
1)Analyse the consequences of how assorted people will be affected by each
choice these people can include the customer, stakeholders, employers and
several other consultants.
2)Analyse the actions by being capable to justify the views in a formal and
straight way, if not then it is more probable that the leader is playing a partial
role.
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CONTINUE…
3)Make a decision to evaluate
how the judgement reversed out
and what was learned by the
particular condition. The
measurement of the situation
which occurred and whether the
alternative decisions worked or
not.
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CONTINUE…
Tools and techniques of business
ethic management:
Values are comparatively lasting
tendency that appear to be great in
themselves.
Rights, to take particular action by
individual. Morale regulation are concept for
the action that frequently become interior as
motivation. And maintaining human
relationship for the betterment of the
business ethics.
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CONCLUSION
The report concluded the analysis of retail sector and its
important business ethics.
Challenges and situations which are faced by the company and how to
overcome from the situational contexts.
CSR responsibility in business ethics along with stakeholders and
citizenship.
Making decisions on various situations in the business, tools and
techniques used to overcome from various business ethical situations.
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REFERENCES
Books and Journals
Dźwigoł, H., 2019. Research methods and techniques in new management
trends: research results. Virtual Economics. 2(1). pp. 31-48.
Moxham, R., 2019. Leading and Managing Strategic Suppliers. Business
Expert Press.
ŞERBAN, R.A., 2017. THE IMPACT OF BIG DATA, SUSTAINABILITY, AND
DIGITALIZATION ON COMPANY PERFORMANCE. Studies in Business &
Economics. 12(3).
Zhao, L. and et.al 2018. Research on pricing and coordination strategy of a sustainable
green supply chain with a capital-constrained retailer. Complexity, 2018.
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