Innovative Approaches in Corporate Responsibility - Coursework Example

The current setup in corporate social responsibility is the problem because it has a capitalistic approach.... Westpac has developed several approaches in the creation of shared values that have facilitated the success of the bank.... The paper "Issues Addressed by Westpac" states that generally speaking, the development of shared value is the new approach in the market that will facilitate the development of hybrid organization encompassing both profitability and social responsibility....

The author of the paper "Apple corporate responsibility to the Customers" outlines that according to its vision, Apple organization has been quite responsive in inculcating the value of its Corporate Social Responsibility (CSR) when dealing with the customers.... Corporate Social responsibility (CSR) Performed by Apple to CustomersApple acts quite responsibly in incorporating highly efficient codes of conduct with its intention to comply with various ethical responsibilities including all the suppliers and distributors in the organization and therefore ensuring quality throughout its supply chain....

The paper "Approaches of Nike towards corporate responsibility" tells that the perception of corporate responsibility is fundamentally described as the activities of different organizations that depict the inclusion of both environmental and social concerns while performing other operational functions.... It has been apparently observed that the significance of corporate responsibility has been rising considerably in the modern-day context.... This can be justified with reference to the fact that the business corporations or firms possessing a superior level of corporate responsibility ultimately help them towards attracting their entire workforce through lessening the turnover rates of the personnel and recruitment expenses, among others (Cramer & Bergmans, 2003)....

Through implementing strategic management approaches in ones company, the need for customer satisfaction will be met, not only locally but world wide.... These factors influence companies to apply innovative approaches to their corporate management.... Corporate Social responsibility CSR is about how companies manage the business processes to produce an overall positive impact on society.... nnovative approaches are assessed based on its impact upon its profitability....

The essay 'Nike and its Approach to corporate responsibility' will discuss a conceptual framework that will explain the approach of Nike, Inc.... to corporate responsibility.... corporate responsibility helps an organization to adopt health business and corporate model.... The organization established new approaches to the corporate responsibility in order to influence environmental and social change.... corporate responsibility helps an organization to adopt health business and corporate model that ensures potential competitive advantages for the company....

t is therefore logical to imply that such a company needs a lot of corporate responsibility to stay Furthermore, for such a company to survive through all those years in the competitive market, it has to set its strategies right.... In this report, we are going to explore the approaches that Nike towards corporate responsibility.... ike is therefore developing a new approach to corporate responsibility to consider ways at which it can harness the power of its business so that it influences environmental and social changes as the business grows....

The advancement and market growth of Samsung continue to affect the performance of the company's products and this explains their investment in corporate social responsibility to improve the relationship with the stakeholders.... This research is being carried out to analyze the extent to which Apple use techniques and policies such as Corporate Social responsibility (CSR) to satisfy stakeholders expectations and evaluate the usefulness of the value chain in analyzing Apple's activities....

"The History and Core Business of Kodak and Fujifilm" paper compares the approach to management in order to embrace innovation, determines what other management differences impacted the relative success of Kodak and Fujifilm, and evaluates each company's approach to ethics and social responsibility.... Companies should foster an innovative culture in the workplace and new ideas should be encouraged, even rewarded....