Prompt: Attach a 5–7 page draft of the recommendations and implementation for Wal-Mart
For this section of the assessment, you will provide recommendations based on your analysis of the company’s corporate responsibility including people, planet, and profit.
People: Recommend how this company could improve on its relationships with stakeholders, such as employees or customers. How would following these recommendations help the company better achieve its mission? Consider discussing the need for diversity in the makeup of the company’s employees and leadership.
Planet: Recommend ways this company could improve in terms of its environmental policies. How would the policies affect key stakeholders in the community? Consider providing the company’s present location and exploring the impact of a positive environmental policy on that location.
Profit: Point out some adjustments that the company might make to remain or become profitable. What is the benefit of profitability to the key stakeholders? Consider giving examples of how other companies have been profitable while operating responsibly. IV. Implementation
For this section of the assessment, you will provide deeper insight on how the company could implement your recommendations and promote a culture of responsible corporate behavior.
People: Illustrate specific steps needed to be taken by the company to implement your recommendations to improve relationships with stakeholders. What are the possible sacrifices that might need to be made? Think about how implementing these steps can help change the culture of the company.
Planet: Illustrate immediate steps needed to be taken by the company to implement your recommendations on how to improve in terms of its environmental policies. Consider justifying your response by including how implementing these steps can help change the culture of the company.
Profit: Illustrate specific steps necessary for the company to remain profitable. How would taking these steps promote a culture of responsible corporate behavior? Consider the cost of the implementation of the changes vs. the overall benefit of the changes. Attach a 1–2 page outline of the opportunities for your chosen company; the outline can contain bullet points, listed information, and detailed phrases. This information will be used as part of the final consulting report. Within the Opportunities section, address the following: V. Opportunities
Predict ways in which relationships with community stakeholders would improve as a result of the new policies. Think about the positive impact these new policies might have on oppressed members of the community.
Evaluate what ways these policies might help the industry as a whole. How would implementing these policies allow the company to be an industry leader? Consider explaining why becoming an industry leader is important.
Describe the general outlook for the company’s profitability while still following the recommendations that you are making. How are these recommendations good for business