This website uses cookies to ensure you have the best experience. Learn more

The Face Of Higher Education: Corporate Social Responsibility, Stakeholders And The Managerial Role

1494 words - 6 pages

Renee Ojo Ohikuare
Process Management and Organizational Theory
Reaction Paper 3
October 12, 2011
Professor Arevalo

The Face of Higher Education:
Corporate Social Responsibility, Stakeholders and the Managerial Role

Abstract
The purpose of this paper is to examine three themes that have been discussed in our Management Process and Organizational Theory course: Corporate Social Responsibility, the Stakeholders, and Managerial Roles. Corporate Social Responsibility emphasizes the commitment an organization makes to achieve greatness following the law and making a profit. The discussion of managers and their roles considers how certain kinds of manager’s function as it relates to ...view middle of the document...

(Carroll, 1991)
However, while this has been the ground work for what the concept of CSR is, many have argued whether it is the business’ or governments responsibility to take action and remain conscious of society’s needs as it relates to the business decision. Many people like Milton Friedman, has argued that a corporation’s purpose is to maximize returns to its shareholders, and that since only people or individuals have social responsibilities, corporations are only responsible to their shareholders and not to society as a whole. Whereas, others, like Paul Samuelson, believe that a corporation does have an obligation or responsibility to society since they are the cause for some of the problems in society. Not only should a company be responsible for society but also for their business’ profits. All in all, it is perhaps safe to agree that at the end of the day a corporation, no matter how big or small is in fact responsible for something, which is attributed to their business, whatever that may be.
Stakeholders
Stakeholder identification and management are important disciplines in terms of effective management in an organization. It is understood, that the involvement of the stakeholder in a corporation is based on their influence to the business. However, what exactly is a stakeholder’s contribution to a company? “They must promptly and credibly associate themselves with the protestors complaining against corporate unfairness – and then present themselves as legitimate vehicles for addressing the problem.” (Monks, 2011) However, a company can’t escape the fact that stakeholders have an increasing demand of excellence and accountability in fiscal management, marketing, employment practices, customer services and other areas that make up that company or organization.
One must remember that a stake holder is not just one person, or a specific group of level management but internal (employees, owners, board of directors, etc.) and external (customers, suppliers, financial institutions, mass media, etc.) stakeholders who all have an interest and are affected by an organization’s activities. (Kinicki & Williams, 2011)
Managerial Roles
Managers can serve as one’s biggest defender or one’s biggest assailant depending on the core intentions of that individual or individuals. Nonetheless, they are there for a reason, not only to “manage” their staff
-discuss briefly the 17 managerial roles, maybe a bit about the theorist behind it
How do they relate?
The current economic climate has been an agonizing reminder that sound business practices are essential to every university’s mission, a fact that has been brought home to faculty members through furloughs, program cuts, travel restrictions, and even reductions in retirement benefits. With the state of our economy, educational institutions are now obligated to step up their efforts to recruit individuals (students) provide them with needed materials (latest methods and research in...

Other Papers Like The Face of Higher Education: Corporate Social Responsibility, Stakeholders and the Managerial Role

Reflective Account On Role As A Student In Higher Education And As A Future Health Practitioner

1706 words - 7 pages Essential Skills Reflection Name Institution Essential Skills Reflection For a nurse, higher education at the University of West London (UWL) has offered me a broader knowledge base that I will be able to apply to improve nursing care outcomes concerning patient care, quality standards, and other nursing skills. In this respect, graduating from a nursing program will offer me the opportunity to be a better healthcare practitioner and work

'Products That Kill And Corporate Social Responsibility: The Case Of Us Defence Firms

1171 words - 5 pages Based on the notion that weapons manufacturers, in addition to other ‘sin industries’ such as gambling, tobacco and alcohol, have unreasonably been excluded from corporate social responsibility (CSR) research, Halpern and Snider (2011) conduct a study on US defence firms’ CSR. In accordance with the overall academic view that industry’s CSR is a result of managers’ CSR orientation (Carroll and Shabana, 2010), they evaluate US managers’ views and

What Are the Dangers and the Benefits of Corporate Social Responsibility, for Employees, Management, Organisation, Society and the Environment?

2326 words - 10 pages What are the dangers and the benefits of corporate social responsibility, for employees, management, organisation, society and the environment? An organisation have the leading and progressively essential role in our daily life, for example, the growing of most of the large firm and increase globalisation that refer to the organisation operating their businesses competing with the corporation in the world. One of an idea that has been the

Corporate Social Responsibility and Ethics

1030 words - 5 pages Corporate social responsibility and Ethics Corporate social responsibility​ Sandvik Coromant tries to the best of its ability to be responsible and work in accordance with the way it act, e.g. with sustainability both on a global and local level. It work according to the Sandvik code of conduct. This includes social, employee, equal opportunities, health and safe, management system and sponsoring. Social responsibility Being a

The Purposes, or Benefits of Higher Education

694 words - 3 pages higher education can lead you to better jobs with a higher salary, living a successful life, and being a positive role model to the upcoming generation. With a higher education, one can learn stronger communication skills that will help to gain contracts to improve in the company’s growth in employees and a higher turnover rate in revenue. The purpose of having communication skills is to be able to speak to department heads such as C.E.Os

E-Learning and the Changing Face of Corporate Training and Development

5761 words - 24 pages reviewed. Managing Global Transitions E-Learning and the Changing Face of Corporate Training and Development  It would appear that e-learning has not only arrived, but is here to stay as a permanent feature of the corporate learning landscape in today’s organisations, playing a role together with more traditional approaches to employee training and development. It appears that e-learning offers organisations the opportunity to

Business Ethics and Corporate Social Responsibility

5756 words - 24 pages .................................................................21 The Search block ......................................................................22 Additional blocks ......................................................................22 AOU Learning Management System – User ’s Manual 2004 © – Arab Open University Page 1 of 23 Preface This manual is written to help the Arab Open University tutors and students use the AOU learning

Describe How Political, Legal and Social Factors Are Impacting Upon the Business Activities of the Selected Organisations and Their Stakeholders

1857 words - 8 pages P6 - Describe how political, legal and social factors are impacting upon the business activities of the selected organisations and their stakeholders All businesses and corporations will face external factors that impact the business activities and stakeholders of a business. These factors of changes can be political, legal, and social within the business environment. Politics is a process by which groups of people make collective decisions

Ethics and Corporate Responsibility in the Workplace and the World

2448 words - 10 pages Ethics and Corporate Responsibility in the Workplace and the World Law, Ethics, and Corporate Governance Professor Andrea Brvenik August 16, 2014 Stakeholders & PharmaCARE Stakeholders take on many forms and guises depending on the context of the business. Experts write personal definitions and musings on what they feel a stakeholder is, while others disagree and have their own, sometimes conflicting personal findings. It

Ethics and Corporate Responsibility in the Workplace and the World

1658 words - 7 pages Assignment #2: Ethics and Corporate Responsibility in the Workplace and the World This paper will explore the common issues of what a lot of companies face when dealing with employee relations and factors in the reality of some companies that go to the extreme into violating laws to hide illegal practices. These are not isolated cases; these bad practices are more common than we think they are. It really takes a good solid manager to

Ethics and Corporate Responsibility in the Workplace and the World

1607 words - 7 pages Ethics and Corporate Responsibility in the Workplace and the World Mohammad Hawari Dr.  Andrea Brvenik Strayer University Aug.18th.2014 Introduction PharmaCare is a national pharmacy management, staffing, and consulting company , PharmaCare is caring of producing drugs and improve of quality of life . The company offers free and discounted drugs to low-income consumers, has a foundation that sponsors healthcare educational programs

Related Essays

Corporate Governance And The Role And Internal Audit Within Higher Education In United Arab Emirates (Uae)

2499 words - 10 pages with in a company must face the aspiration challenge, which concerns building strong organizational determination to achieve this social responsibility and to developing skills and competencies. The establishment of governance and social responsibility is essential in this regards.” As far as the role on Internal Audit is concern for the effective governance, study has been made by KPMG – Singapore in which it is specifically mentioned that

The Role Of The Student Nurse In Higher Education

1481 words - 6 pages A student in Higher Education and a Future Healthcare Practitioner. In this essay I will explore my initial reflections on my role as a student in higher education. There will a discussion on my role as a future healthcare practitioner and the efforts I need to make to achieve the professional status of a nurse. I will discuss my learning styles and identify key developmental needs to be addressed. There will be discussions on the concepts of

Role Of Ict In The Governance Of Higher Education

3069 words - 13 pages GOVERNANCE AND QUALITY ASSURANCE Role of ICT in the governance of higher education Mrs. Shankarisankar, M.A.,MPHIL.,M.ED.,MPHIL., HDCA., DMTT ASSISTANT PROFESSOR SRM SCHOOL OF TEACHER EDUCATION AND RESEARCH SRM UNIVERSITY Abstract The increasing use of information and communication technologies (ICTs) has brought changes to teaching and learning at all levels of higher education systems (HES). Across the past twenty years the use of ICT

Responsibility And Its Role In Education

819 words - 4 pages . Success in higher education relies heavily on a person’s practice of personal responsibility. “Academic-integrity responsibility is defined as ownership of integrity through attitudes, beliefs, and behaviors that support the role of the entire academic community” Miller, A., Shoptaugh, C., & Wooldridge, J. (2011). As society has evolved over time, government has increased exponentially in size. Each generation has become more accustomed