Strategic Management Report: Analyzing Policies for Sustainable Growth

This report provides an analysis of strategic management policies crucial for the sustainable growth of local organizations, particularly in the face of competition from multinational corporations. It explores the significance of adapting business methods in international markets and highlights key policies that foster sustainability. The report identifies and discusses the Environmental Protection and Biodiversity Conservation Act 1999 and the Waste Avoidance and Resource Recovery Act 2001 (NSW) as essential frameworks supporting local businesses. It also emphasizes the importance of corporate social responsibility (CSR), risk assessment, and flexible workforce policies in maintaining a competitive edge. Furthermore, the report underscores the role of workplace environment and employee safety in enhancing productivity and overall business sustainability, concluding that well-defined policies are vital for local organizations to thrive amidst market changes.

Running head: STRATEGIC MANAGEMENT
STRATEGIC MANAGEMENT
Name of the student
Name of the university
Author note

1STRATEGIC MANAGEMENT
1. Introduction
The prospects of the local companies are based on the modifications in the methods of
firms while operation in international markets. Strategies help in maintaining the sustainability
while operating in the markets where the giants play their part in attracting the attention of the
customers. The different key elements of alterations in the methods of the business are
dependent on proper performance of systems of market while operating in the international
scenario. The different changers in the systems of the firm help in fostering sustainable approach
of the business. Policies of the business help in supporting the sustainable development of
organizations while operating in the international markets.
The discussion is based on the identification of the different policies that will be
supporting the local organizations to bring in sustenance in competitive market structure of the
businesses. The policies will be facilitating organizations in maintaining proper functioning of
the systems of the business while operating in the international markets.
2. Policies for sustainable growth of the local organizations
The Environmental Protection and Biodiversity Conservation Act 1999 will be
supporting the business to foster modifications in systems of the organizations. Proper
functioning of the policy will be helping the organization to maintain a competitive advantage in
the home grounds. It will be supporting the business to bring forth transition in the systems of the
firms (Hawkins and Wang 2012). The conservatory efforts of the organizations help in
maintaining the proper changes in the situation of the local businesses with the intervention of
the multinational companies. Christopoulos, Horvath and Kull (2012) stated that the

2STRATEGIC MANAGEMENT
identification of the different conservation methods will be helping the local organizations to
build on the brand name and loyalty among the customers thereby supporting the approach of
their sustenance. The identification of the corporate responsibility of the local organizations
helps the same in maintaining their sustenance in the local markets where the multinational
companies are trying to grab the greatest portion of the market share. Ghai and Vivian (2014)
stated that performance of businesses is stimulated through adherence of policy that is framed.
Waste Avoidance and Resource Recovery Act 2001 (NSW) policy of the local
organizations will be helping the local businesses to bring in changes in the sustainable approach
that is undertaken by the organization. The management of the wastes that are created through
the operations that are undertaken by local organizations facilitates in enhancing brand entity of
the business. Sustainability of organizations depends on proper performance of the systems that
are planned by the business while operating in the international markets. Bernstein and Cashore
(2012) stated that the proper functioning of the environmental supportive factors helps in
maintaining the proper functioning of the CSR activities of the local organization. The
identification of the corporate responsibility that the organization holds towards the sustainability
of the society helps in maintaining the progressive functioning of the same.
The economic sustainability of the organization plays a major role in undertaking smooth
performance of business as per the objectives (Doppelt 2012). The local organizations have
taken steps to analyze the different risks that might be faced by the same while undertaking the
continuous modifications due to the influence of the market giants in the different economical
structures. The identification of the risks and the implementation of the different strategies as
per the understanding of the risks have helped the organizations in maintaining a sustainable
output in order to sustain in the highly competitive market scenario.

3STRATEGIC MANAGEMENT
Joung et al. (2013) stated that the flexible workforce policies of the organization help in
maintaining the sustainability of the operations of the firm while operating as per the objectives
of the business. The different actions taken by the organizations relating to the maintenance of
the proper working environments has helped the same in maintaining the productivity. Haigh
and Hoffman (2012) stated that the productivity of the organizations is facilitated through the
proper workplace environment which allows the employees of the business to function freely.
The production of the organization as per the objectives is facilitated through the development of
the proper workplace environments and maintenance of the same.
The safety and security policies for the employees are one of the top priorities of the
organization, which helps in facilitating sustainable approach of businesses. Key elements of the
transitions in the methods of the business are dependent on functioning of the workforce (Ahmad
2015). Therefore, the different levels of change in the systems of the local businesses are
dependent on safety and security priorities of the employees, which help in maintaining the
productivity of the businesses. It also helps the organization in adhering to the CSR needs of the
organization to build on the brand name.
3. Conclusion
Therefore, from the above analysis it might be stated that the policies that are framed by
the organization, considering the approach of sustainability, helps in retaining the position of the
local organizations devoid of the market entry of the multinationals. The policies help in
managing the change in the systems of the business through the proper utilization of resources.
Sustainability of the organizations are based on the continuous change that are planned by the
business firms. However, there are different risks that might be faced by the business while

4STRATEGIC MANAGEMENT
operating on the change systems. The risk assessment system of the business facilitates in
supporting the sustainability of the business operations in the market.

5STRATEGIC MANAGEMENT
References
Ahmad, S., 2015. Green human resource management: Policies and practices. Cogent Business
& Management, 2(1), p.1030817.
Bernstein, S. and Cashore, B., 2012. Complex global governance and domestic policies: four
pathways of influence. International Affairs, 88(3), pp.585-604.
Christopoulos, S., Horvath, B. and Kull, M., 2012. Advancing the governance of cross‐sectoral
policies for sustainable development: A metagovernance perspective. Public Administration and
Development, 32(3), pp.305-323.
Doppelt, B., 2012. The power of sustainable thinking: How to create a positive future for the
climate, the Planet, your organization and your life. Routledge.
Ghai, D. and Vivian, J.M., 2014. Grassroots environmental action: people's participation in
sustainable development. Routledge.
Haigh, N. and Hoffman, A.J., 2012. Hybrid organizations: The next chapter of sustainable
business. Organizational dynamics, 41(2), pp.126-134.
Hawkins, C.V. and Wang, X., 2012. Sustainable development governance: Citizen participation
and support networks in local sustainability initiatives. Public Works Management &
Policy, 17(1), pp.7-29.
Joung, C.B., Carrell, J., Sarkar, P. and Feng, S.C., 2013. Categorization of indicators for
sustainable manufacturing. Ecological indicators, 24, pp.148-157.