Institutionalizing

Institutionalizing - What happens when the managers who...

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HOW DO YOU CREATE AN ORGANIZATION THAT EFFECTIVELY RESPONDS TO: EMERGING PUBLIC ISSUES EXISTING REGULATIONS CRISES Emerging environmental and societal opportunities Ethical Issues
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If you have recognized that it is important to be responsive to a wide variety of stakeholders and that your business has responsibilities to those stakeholders, how do you create an organization that can implement this philosophy? Consider…… Everyone in the organization engages in activities that impact your organization’s standing with various stakeholders. You want all those people to be on the ‘same page’ in terms of their understanding of your firm’s view and values relating to stakeholders. Employees are busy doing many things. How will you get their attention and actions in support of your stakeholder views and values? How do you make sure those values and views last?
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Unformatted text preview: What happens when the managers who initiate these programs leave the organization? You want values and views that are. . Integrated into the organization Imbedded Rooted Difficult to get rid of Part of the organizations culture KEY ORGANIZATIONAL ELEMENTS THAT SUPPORT INSTITUTIONALIZION OF ENVIRONMENTAL AND SOCIAL VALUES FORMAL STATEMENT OF VALUES/PHILOSOPHY TOP MANAGEMENT DEMONSTRATED COMMITMENT ORGANIZATIONAL STRUCTURE (POSITIONS/DEPARTMENTS/TEAMS) FORMAL MANAGEMENT SYSTEM THAT INCLUDES CLEAR, RELEVANT GOALS AND TARGETS ORGANIZATIONAL STRUCTURE FOR IMPLEMENTATION MEASUREMENT SYSTEMS TO ASSESS PROGRESS REWARDS SYSTEM/CONSEQUENCES EMPLOYEE TRAINING AND INVOLVEMENT BUILDING EXTERNAL STAKEHOLDER RELATIONSHIPS THROUGH TRANSPARENCY DIALOGUE AND ENGAGEMENT...
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Institutionalizing - What happens when the managers who...

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