Capstone Project: Enhancing TOMS' Corporate Social Responsibility

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Desklib provides past papers and solved assignments for students. This project focuses on developing a CSR strategy for TOMS.
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BUS301 Capstone Project Plan
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Table of Contents
Introduction......................................................................................................................................3
Identification of Issue......................................................................................................................3
Research Conduction.......................................................................................................................3
Secondary Data................................................................................................................................4
Strategy Development.....................................................................................................................4
Conclusion.......................................................................................................................................5
References........................................................................................................................................6
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Introduction
The project plan will communicate and educate about the issues faced by TOMS in the areas of
corporate social responsibility. The plan includes discussing the research approach and the
secondary data sources that will be used to resolve the issue through strategy development.
Identification of Issue
The issue identified at TOMS the need to develop and evolve strategic corporate social
responsibility. TOMS is a high-end fashion retail brand in Australia established in the year 2006.
The company has grown and developed the business in different sectors since its incorporation
by Blake Mycoskie. The business develops a product such as shoes, clothing, eyewear, coffee
and shirts. The business has observed an issue for a growing need to develop corporate social
responsibility in order to develop for a strategic and corporate image of the business. The
business has observed (Saunders & Lewis, 2012). Corporate social responsibility has been
identified as the need of the hour for the transactional business entities in the contemporary
business environment. The issue TOMS is observing related to increased competition business is
facing the field of social work and embarking a social presence of the business in the global and
local business atmosphere. The issues have imparted the consumer base, development of target
market and profitability of the business in a global business environment. The issue can be
identified in the field of public relations and management. Corporate social responsibility is
undertaken in order to develop an effective and cordial social relationship.
Research Analysis
In order to conduct research to identify the issue in the business organization, a secondary
research analysis will be undertaken. A secondary research analysis is required in order to gather
effective and efficient information and details regarding the issues of the business. Through a
secondary analysis and research accurate resources can be accessed and evaluated in order to
gather the resource and evidence-based information (Kerzner & Kerzner, 2017). The secondary
research will also aid in analyzing the research material and developing an effective understating
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of the issues and problems identified in the business. The secondary research will also provide
with opportunities to define and research credible resources. The secondary research and its
mediums of research will also support for identifying different areas and scope of organization in
relation to the issues and problems identified in the professional business settings of TOMS.
Secondary Data
The key secondary data sources that will be assessed and utilized in the project undertaken for T
OMS includes for publications, reports circulated by the organization, newspaper articles,
journals and other industry or government publications. The secondary data sources will be
assessed and developed in this project plan. Secondary sources of data are the resources where
the details are already collected and developed for some other purposes.
Secondary sources of data are the data sources that are collected and developed by external
authors in order to accomplish specific research-based results (Saunders & Lewis, 2012). The
secondary sources of data will aid in developing an effective understanding of issues and
conflicts observed by the business. The secondary sources of data discovered for this project
include organizational data, reports, programs, plans, industry publications, newspaper articles
etc.
Strategy Development
The strategy that can be used by the business of TOMS in order to resolve the issue of decreasing
consumer and social appeal of the business is the adoption of a corporate social responsibility
approach. The aspects of corporate social responsibility include the practice of determining the
negative and adverse impact made by the business in the external business environment and its
members (Kerzner & Kerzner, 2017). The aspect of corporate social responsibility includes
undermining the aspects of business and its operations along with determining the impact these
operations lay on society. The strategy development will also include for discovering the
activities that will be undertaken in the project, relation of the costing, resources required,
management implications and the time duration required to undertake the identified activities and
the plans scheduled to develop a strategy of corporate social responsibility.
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Conclusion
The project plan has discussed for determining the plan to develop a strategy for reducing the
issues and problems faced by the organization. The project plan will include for determining the
costs involved in executing the project, the time duration required to accomplish identified
activities, and the resources required to develop the strategy for resolving the issues.
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References
Kerzner, H., & Kerzner, H. R. (2017). Project management: a systems approach to
planning, scheduling, and controlling. John Wiley & Sons.
Saunders, M. N., & Lewis, P. (2012). Doing research in business & management: An
essential guide to planning your project. Pearson.
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