Study Guide for Case Analysis #1 UPS pp. 97-98
LaNon A. Edwards
Ivy Tech, Gary, In Campus
How does UPS?s approach toward sustainability impact the triple bottom line? Be specific.
The triple bottom line for UPS?s approach toward sustainability is the beliefs of the CFO is that companies have the responsibilities to contribute to society and the environment and that every investment a company makes should return in value to the business.
The Managers Changing Work Environment & Ethical Responsibilities: Doing the Right Thing. Pg. 97
Which internal and external stakeholders are positively and negatively affected by UPS?s approach to sustainability?
As I understand the difference of stockholder and stakeholder is A stockholder
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The stockholders consist of employees, owners, board of directors. As stated, the owners number one goal is to make a profit. Once the external stakeholders buy stock the company grows.
The Managers Changing Work Environment & Ethical Responsibilities: Doing the Right Thing. Pg. 76
Which of the six general environmental forces influenced Mr. Kuehn?s approach toward sustainability? Discuss.
He discusses International forces through safety in Vietnam, Cambodia and South Africa. The rapid expansion those areas. He wants the roads safe for not alone his workers, but for the community. He is especially concerned about the first time drivers.
The Managers Changing Work Environment & Ethical Responsibilities: Doing the Right Thing. Pg. 98
To what extent is UPS?s approach toward sustainability consistent with the four approaches to deciding ethical dilemmas?
UPS?s approach towards sustainability within the four approaches towards ethical dilemmas are starting with utilitarian, this is for the greater good. This is always a mathematical equation for efficiency and profit. The utility approach is a good for the humanitarian logistics. They have even partnered with their competitors to get the job
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Individually setting yourself up for future endeavors. Morally UPS finds safety to be a priority. The moral right lines up with his belief in safety for his drivers in International forces.
The Managers Changing Work Environment & Ethical Responsibilities: Doing the Right Thing Pg. 85 and 97
Evaluate UPS?s approach toward sustainability against Carroll?s model of social responsibility shown in Fig. 3.2.
In reference to Carroll?s Global Responsibility Pyramid Mr. Kuehn second belief lines up with Carroll?s global ground breaking responsibility of economic responsibility. He feels work can inspire business improvements. His first belief lines up with philanthropic responsibilities to be a humanitarian logistics through utilitarian methods. Carroll?s ethical responsibility in lines with UPS?s safety prom and environmental projects.
The legal responsibility stands with finding momentum through governmental priorities. And failing to comply will put them in risk of being in dangerous situations. I think they follow these core values due to sustainability. For this reason, all ethical dilemmas are handled without prejudice.
The Managers Changing Work Environment & Ethical Responsibilities: Doing the Right
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...onetary value, but in the end would make them fully sustainable. Third and finally, by continuing to offer financing and capital for new green energy sources and other companies to improve sustainability would not only help them reach their own green goals, but provide others with the ability to be fully sustainable.
While the words of “’Repent, Harlequin!’ said the Ticktockman” are new, the story is familiar. The ending is predictable; the reader knows that the Harlequin will be caught and the simple order of the dystopian society will be restored. The predictability of the conclusion is not a fault of Ellison’s writing, rather a merit. Ellison uses in depth characterization balanced with ironic outbursts and a mismatched plot to create a story that is predictable, for the right reasons, but memorable, for the wrong reasons.
In relation to sustainability, more and more this aspect is becoming very important for a company’s bottom line and for them to differentiate themselves from their competition that fails to establish a sustainability program. In a macro sense, it ethically responsible to establish a sustainability program to identify ways that the firm can make a difference globally and reduce their overall expense and
A business should make sure its methods of production are not negatively affecting its employees and that all the people in the business are happy and willing to work. Also, a business should make sure that its methods of production are not producing any waste on land or water or air pollution, for these negatively affect society. A business that cares about it’s influence on the environment, and its consumers is bound to make a difference. For example: General Mills wants to reduce the amount of energy it uses. In order to do this, they had energy monitors installed into some of their equipment in one of their manufacturing plants. The result: General Mills saved around six hundred thousand dollars (James). Profit can be obtained faster by a business that is looked upon as a positive influence on the environment and its employees. Overall, a business should be careful about how it produces its products and think about society’s health before it makes a decision, for if it doesn’t, the liability for damage is a much greater price to
According to Marc J. Epstein (2008), to help understand what sustainability is in the context of corporate responsibility, [Epstein has] broken it down into nine principles.
There are many questions surrounding the moral responsibility on corporations, but how can a resolution be reached. In the case study for Timothy & Thomas North America, three models of ethical standards will be cited. From the Stakeholders article, decision-making guidelines will need to be understood for Jonathan Stein, the new Vice President (VP) of International Contracts to have a clear vision of
Whether an organization is domestic or international they have social responsibilities to the communities they operate within and to the shielding of the world. Caterpillar, Inc. is one such company that puts social responsibility at the top of their priorities. They have an abundance of engineers and technologists working on solutions to improve on sustainability. According to the 2012 Sustainability Report (2012), “at Caterpillar, we always ask ourselves, ‘What do our customers need? What does the world need?’ World Resources Institute (WRI) asks those same questions about the communities it serves, and truly delivers some amazing results” (p. 19).
UPS has been experiencing increasing fuel costs lately, as a result of energy prices that are escalating around the world. As a logistics provider, fuel costs account for a significant part of operating costs at UPS. Thus, an increase in fuel costs jeopardizes directly the organization’s profitability (see Exhibit 1).
“The term stakeholder refers to persons and groups that affect, or are affected by, an organization’s decisions, policies, and operations”(Lawrence, Weber, 2013, p. 7). Stakeholders can be divided in two categories, external stakeholders and internal stakeholder. “External stakeholders, by contrast, are those who-although they may have important transactions with the firm, are not directly employed by it”(Lawrence, Weber, 2013, p. 9). Customers, suppliers, and financiers can be found in this grouping. These individuals are an essential aspect of the success of an organization since they provide an external perspective of how the product
How has NBB taken a strategic approach to address these issues? Why do you think the company has taken such a strong stance towards sustainability?
Another approach is bottom-up and it makes the employees the central cog in the innovation process. Such a concept, when applied to sustainability, shifts the focus from the happenings at the management level to what decisions the mid and front-line level employees make. The lower level employees are the ones who take daily actions that could make or break a company’s sustainability potential. A bottom-up approach has a multiplier effect since it is easily visible to others and becomes quite difficult to thwart. Furthermore, the daily decisions made by mid-level employees incorporate the views of the
The business is thus at a better position due to such action from the manager. The ethics employed by the manager include the consideration of the employee’s issues before making decisions, making an attempt to solve the issue in other ways and the eventual agreement to the eventual actions, due to the aspects of the situation. The managerial skills employed would cover the employees need to make decisions in tandem with the manager, that have moral and real ethical or legal implications. And those decisions sway their company in terms of the manager and the proprietor. It is thus agreeable that conducting business in an ethical style is incumbent upon everybody in a business for legal and business causes. As a manager, it is very important to understand the ethical responsibilities so that one has to follow to meet your company 's anticipations as well as model suitable behavior for others, especially the
Without doubt the XXI century has changed our priorities, especially when it comes to the way we do business. Popular sustainable business models, as advertised in the media, have evolved into much more than a moral obligation or an external requirement to generate money. Essentially, are forcing companies to reinvent the systems and approaches with which they generate value and profitability to the company.
Humans have been destroying the planet since we were able to stand on two legs. As a society, we need to work to reverse these terrible effects that our existence has on the planet. Sustainability is one way to begin reversing these effects, while still living our daily lives. In 2006, Al Gore presented his documentary, “ An Inconvenient Truth”, as a way to show the world the evidence behind global warming, climate change and the destruction of our planet. This documentary shocked the world. It was clear that changes needed to be made, but the destruction was more intense than previously thought. SInce this revelation in 2006, companies have tried to cut down on their greenhouse emissions, as well as offered sustainable products to their customers. Through a debate of morals and
The sustainability of the ecosystems on which the global economy depends must be guaranteed. And the economic partners must be satisfied that the basis of exchange is equitable” (World). This quote demonstrates the complexities of sustainability. Another thing corporations should focus on when trying to be sustainable is their environmental impact.