Organizations have responsibilities to their stakeholders. Stakeholders – customers, shareholders, suppliers, employees, political leaders, society as a whole – rightfully expect companies to assume greater social responsibility, for example, by protecting the climate, fighting for social justice, aiding refugees, and training and educating workers. Below is a list of global challenges that, if they are to be addressed, require cooperation from the public and private sectors.
Choose one global challenge outlined below and one organization, critically discuss with reference to the literature, how your chosen organization matches or could match its competitive strategies with its social mission.
Social well-being Refugees/ Global Mobility
Climate change/destruction of nature
Employee Well Being
In responding to this question, you may:
Food and Water Shortage
Large-scale conflict / wars
The increasing polarization of societies
Rising cyber dependency