Thursday, January 9, 2020
Patagonia Leading a Green Revolution Essay - 637 Words
Case Study Four Patagonia: Leading a Green Revolution 1) Patagonia has a history of putting sustainability ahead of profits. Based on what you learned about Patagoniaââ¬â¢s ideals, how do you think the company determines what possible ventures will be both business practical and environmentally friendly? Patagonia determines how its possible ventures will be both business practical and environmentally friendly by turning their company into a eco friendly environment. It clearly states this in their mission statement. ââ¬Å" Build the best product, cause no unnecessary harm, use business to inspire and implement solutions to the environmental crisisâ⬠Their main focus is going ââ¬Å"greenâ⬠to help the environment but also using business as aâ⬠¦show more contentâ⬠¦He has had the company set an online library in which documents are posted. An example being ââ¬Å" the footprint chronicles,â⬠a guideline in which employees are shown how to make rational decisions. Even after Yvon is gone employees should continue to do this so that when someone new is hired they understand exactly what the company is about and how to handle different situations they may encounter in this business. Yvon is also very big on giving back to the environment. The company will donate 10 percent of pre- tax profits to environmental causes. This is something the company should keep doing down the road to keep their mission statement alive about being environmentally friendly. By adapting to Yvon Chouinards ideals, they will become a permanent part of Patagiona. 3) Identify the stakeholders using figure 4.10. The four main Stakeholder that stood out to me for Patagonia is employees, customers, communities and owners. Patagonia focus on giving back to its employees by allowing them to leave work in order to do what they love, helping the environment. The company allows its employees to leave work to volunteer for causes they believe in and these employees will still receive full pay. The company believes that customers deserve the best quality that they can get. No matter how expensive the material may be, Patagonia always comes through byShow MoreRelatedTriple Bottom Line5612 Words à |à 23 Pagesincluding ââ¬Ëenvironmental excellenceââ¬â¢ (1984) and ââ¬Ëgreen consumerââ¬â¢ (1986). The first was targeted at business professionals in the wake of 1982ââ¬â¢s best-selling management book In Search of Excellence (Peters and Waterman, 1982), which failed to mention the environment even once. The aim of the second was to help mobilize consumers to put pressure on business about environmental issues. This cause was aided enormously by the runaway success of our book The Green Consumer Guide, which sold nearly 1 millionRead MoreSharing Economy10348 Words à |à 42 Pagesorganisations to accelerate their transition towards sustainability. The organisation offers a wide range of services around sustainability and system innovation: from companiesââ¬â¢ environmental assessment to sustainable strategic design, from new green services definition to effective implementation of CSR management. Based in Finland, the organisation is active throughout Europe, relying on an extensive network of like-minded organisations and sustainability experts. www.ecovala.eu Author Read MoreCorporate Social Responsibility : Supply Chain to Value Chain8966 Words à |à 36 Pagesoperations. Strong CSR policies can help to recruit the right people for the job, keep attrition rates low by promoting a ââ¬Å"feel goodâ⬠quotient, improve corporate image, prepare for future regulation, empower ââ¬Å"softâ⬠laws (Vogel, 2005, p.162), appease green customers, and convince institutional investors that the corporation is following sustainable practices that positively impact the bottom line. * Policy Integration and Analysis Branch, Division for Sustainable Development, UNDESA, United NationsRead MoreUnderstanding Marketing Management16709 Words à |à 67 Pagesothers. Managers sometimes think of marketing as ââ¬Å"the art of selling products,â⬠but many people are surprised when they hear that selling is not the most important part of marketing! Selling is only the tip of the marketing iceberg. Peter Drucker, a leading management theorist, puts it this way: There will always, one can assume, be need for some selling. But the aim of marketing is to make selling superfluous. The aim of marketing is to know and understand the customer so well that the product or serviceRead MoreExploring Corporate Strategy - Case164366 Words à |à 658 Pagesjust like MTV, only on the Webââ¬â¢.8 A new super-club was also opened in Taipei, Taiwan, in the second half of 2003 and Rodol declared an ambition to have a Ministry of Sound club in every big city in the world. Rodol also reorganised the Ministry, leading to several management departures. As well as the continuing record business and club activities, there would be three divisions: an international arm, encompassing radio, touring and record compilation; a brand division, focused on retail, productRead MoreStephen P. Robbins Timothy A. Judge (2011) Organizational Behaviour 15th Edition New Jersey: Prentice Hall393164 Words à |à 1573 PagesTeam Players 324 â⬠¢ Rewarding: Providing Incentives to Be a Good Team Player 324 Beware! Teams Arenââ¬â¢t Always the Answer 324 Summary and Implications for Managers 325 S A L S A L Self-Assessment Library How Good Am I at Building and Leading a Team? 308 glOBalization! Group Cohesiveness across Cultures 314 An Ethical Choice Using Global Virtual Teams as an Environmental Choice 315 Myth or Science? ââ¬Å"Teams Work Best Under Angry Leadersâ⬠320 Self-Assessment Library What Is My Team Efficacy
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.