Submission: Submit an 8-page draft of the analysis of issues of the company you chose for completing Milestone One (Tesla). This information will be used as part of the final consulting report.
Within the Analysis of Issues section, address the following elements:
II. Analysis of Issues
For this section of the assessment, you will provide your analysis of the company’s corporate responsibility including people, the planet, and profit.
A. Personnel (people):
- Identify the major stakeholders that may have been adversely affected by the behaviors of the company through the lens of personnel relationships.
- Consider: What specifically has occurred to demonstrate corporate irresponsibility?
- Consider providing examples of how the company acted irresponsibility regarding the major stakeholder you identified.
- Analyze current practices in terms of personnel relations occurring in the selected company in comparison to current research on corporate responsibility and diversity, equity, and inclusion (DEI) initiatives.
- What are the initiatives they have taken for DEI?
- Consider giving examples of exemplary practices in the industry or related industry to support your claims from external sources.
- Consider providing examples of DEI initiatives in the industry.
B. Environmental (planet):
- Analyze the environmental impacts affected by the policies of the company.
- How has this company made a positive impact on the environment?
- Consider giving examples of practices in the industry or related industry.
- Conclude how this company has demonstrated corporate irresponsibility.
1. Base this on your analysis of the company’s impact on the environment.
- Consider justifying your response using supporting examples.
- Predict the short- and long-term effects of the current environmental policies upon the major stakeholders.
- How can improvement in this area benefit the stakeholders?
- Consider providing some examples of companies that have tried to benefit the stakeholders through a responsible environmental policy.
C. Sound Business Practices (profit):
- Determine what stakeholders are affected when the company remains profitable.
- How is this balanced with responsible corporate behavior?
- Consider using anti-exemplar cases from other companies in which the pursuit of profit has overshadowed responsible corporate behavior to support your claims.
Attach a 2- page outline of the recommendations and implementation for your chosen company; the outline can contain bullet points, listed information, or short phrases that indicate areas you will expand upon in the Milestone Three submission.
III. Recommendations
For this section of the assessment, you will provide an outline of the recommendations based on your analysis of the company’s corporate responsibility including people, the planet, and profit.
A. People
- Recommend how this company could improve on its relationships with stakeholders, such as employees or customers, through DEI initiatives.
- What would the initiatives be within the three dimensions of DEI?
- What leadership approach and process do you recommend to improve DEI in the company?
- How would following these recommendations help the company better achieve its mission?
- Consider discussing the need for diversity of thought in the makeup of the company’s employees and leadership.
- What policies do you recommend that leadership put in place to achieve diversity of thought?
B. Planet
- Recommend ways this company could improve in terms of its environmental policies, based on how the policies would affect key stakeholders in the community.
- Consider including leadership actions that would address the impact of policies on the community.
- Address the company’s present location and explore the impact of a positive environmental policy on that location.
- Consider including leadership actions that would result in positive environmental effects at that location.
C. 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 how leadership’s decisions could lead to profitability for 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.
A. People
- Illustrate specific steps needed to be taken by the company to implement your recommendations to improve relationships with stakeholders including DEI.
- What are some metrics to ensure that initiatives within the DEI area will make a systemic and sustainable change?
- What are the possible sacrifices that might need to be made?
- Think about how implementing these steps could help change the culture of the company.
B. Planet
- Illustrate the immediate steps needed to be taken by the company to implement recommendations on how to improve in terms of its environmental policies.
a. Consider justifying your response by including how implementing these steps can help change the culture of the company.
C. Profit
1. Illustrate specific steps necessary for the company to remain profitable, including how taking these steps would promote a culture of responsible corporate behavior.
1.Consider the cost of the implementation of the changes versus the overall benefit of the changes.
