Corporate Social Responsibility and Business Analysis: Vodafone Report

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Added on  2023/02/01

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This report provides an analysis of Vodafone's Corporate Social Responsibility (CSR) activities, examining its leadership and management theories. It explores various leadership styles like autocratic and democratic approaches and delves into management theories such as scientific and contingency management. The report also analyzes Vodafone's internal and external business environment using a PEST analysis, considering political and economic factors influencing the company's operations. The study highlights the importance of CSR for achieving sustainable development and competitive advantage. It reviews the functional areas of Vodafone, including the HR and Marketing departments, and concludes by emphasizing the significance of strategic CSR planning for achieving both organizational and individual goals. The report references several academic sources to support its findings.
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Introduction In Business 2
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Cover Content
Introduction
Leadership and Management theory
Management Theory
Analyse internal and external environment of Vodafone
Conclusion
References
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Introduction
Corporate social responsibility is the responsibility of various
organisation towards the society in which its operates its business. This
can be defined as the approach used by the organisation for achieving
the position of sustainable development. The major purpose of this
report is analyse and evaluate various CSR activities done by the
organisation to satisfy the customer's and to earn maximum profit. The
organisation taken for this report is Vodafone which is the largest
telecommunication organisation based in UK.
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Leadership and Management theory
There are various leadership theories which are used by various
organisations to lead and guide the employee's of the organisation. As with
the help of these leadership styles work is being extracted from the
employee's of Vodafone and organisational goals are achieved in the
effective manner. The various leadership styles are discussed below-
Autocratic style- Under this style the leaders of the organisation gives clear
guidance to the employee's regarding the work of the organisation. This
means the leader directs his subordinates what is to be done and how it is to
be done. The leader gives clear commands to the subordinates and the
views of subordinates are not taken into consideration.
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Democratic style- In this leadership style the leader or subordinate involves
the followers in the process of decision making. So that best output is
derived from them. The views and ideas of the employees are taken into
consideration.
In context to Vodafone UK, the leaders of the organisation is choosing
democratic leadership style. In which the subordinates of the organisation is
being involved by the leader while taking important decisions for the working
of the organisation. With the help of this leadership style the each and every
work coordinated in the sequential manner. But Vodafone UK also uses
Autocratic leadership style for taking quick and appropriate decisions.
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Management Theory
There are various management theories used by Vodafone UK are
discussed below-
Scientific management theory- This is one of the oldest theory of
management which says that employee's can work hard and perform
better if they are given proper incentives and monetary benefits at
the workplace. This will directly result in maintaining better
relationship between the superior and subordinate of Vodafone.
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Continue..
Contingency management theory- It is seen that this theory is best
suitable for the organisation who uses latest technology with the
motive of earning profit. As per this theory internal and external
factors affects the working of the organisation. The manager of
Vodafone can make use of this theory to solve the internal issues
and conflicts of the organisation. This is because as per this theory
employee's can be handled in a better manner if there needs are
known to the manager of Vodafone. But manager also used
scientific theory for promoting and motivating employees with
monetary benefits.
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Functional areas of Vodafone
There are various functional areas of the organisation some among them are
discussed below-
HR Department- The HR department of Vodafone UK performs the most
important function by hiring suitable and skilled employee's for various
departments. The HR department of Vodafone UK also motivates
employee's to perform the assigned task in the coordinated manner.
Marketing Department- The marketing department of Vodafone UK
makes various strategies to attract more and more customer's for the
organisation.
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Analyse internal and external environment of
Vodafone
Business environment encompasses of
internal and external environment
which effect business operation and
in accomplishing organisational
goal. To analyse or evaluate the
external challenges or threat of
company, Vodafone implies PEST
analysis.
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Political Factor
This factor is concerned with policies, procedures or rules which is
imposed by government. In recent year, UK government ordered an
investigation against the telecom industry in aspect of cartelisation
which impact Vodafone business functions and its profitability.
However, Vodafone maintained its quality of service and denied
interconnection with Reliance Jio and of the main advantage which
it get i.e. stability of UK government which enable them to attain
high profitability.
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Economic Factor
Due to Brexit, EU introduced
new rule to mobile operators
i.e. cut lucrative roaming
charges which impact
Vodafone productivity.
However, Vodafone deceased
its product price which
increased the consumer buying
behaviour.
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Conclusion
From the above presentation it can be concluded that it is very much
necessary for the organisations to perform CSR activities in the
appropriate manner. As if it is not done than competitive advantage
will not be achieved. Optimum utilization of the resources can be
done with the help of CSR activities of the organisation. If the
organisation wants to achieve its long term and short term objective
than planning the strategies for CSR can be done in the effective and
efficient manner. As with the help of this the organisational and
individuals goals will be easily achieved.
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