BUS 599 Week 8 Assignment

SOCIAL RESPONSIBILITY

Profit:  Creative Cuts and Styles will endeavor to implement the triple bottom line in various ways.  For instance, the business will use some of its generated profits to support the neighboring community by providing a monetary donation to the needy.  Our business will work with local charities to ensure that those who deserve financial aid are assisted accordingly.  Additionally, Creative Cuts and Styles will encourage employees to engage in volunteer activities by paying them for time spent in doing so (Ramptom, 2015).  Those who engage in volunteer work will be receiving a monthly stipend which will go a long way in motivating them.  Workers will be free to volunteer in a charity or any other activity of their choice.  Our business will set aside certain hours during the year when workers can freely engage in volunteer work.  Some of our employees can even teach youths in the neighborhood the various practical skills required in barbering.

People:   Creative Cuts and Styles will be a champion of humanity by putting the interest of people first.  In this light, the company will strive to ensure that our employees have medical coverage and that they have the appropriate training to allow them to serve our customers effectively and efficiently.  Additionally, the management of the business will ensure that all the employees work within the stipulated work hours and that no one is overworked. Creative Cuts and Styles will be in secure surroundings to guarantee not only the safety of our workers but also that of our customers.  Also, the business will provide every employee with a chance to advance his or her barbering skills by sponsoring one’s education.  There will also a reward mechanism in place whereby the employee who performs exemplary every quarter will be rewarded appropriately.  Creative Cuts and Styles will also offer cash bonuses to those who meet and exceed set targets (Salah, 2016).

To ensure that our workers are familiar with emerging barbering trends, the business will be encouraging them to participate in monthly seminars where they can get a chance to learn about these emerging trends.  The seminars will also be good for networking to gain additional customers.  Creative Cuts and Styles will cater for all expenses experienced by our employees in these seminars.  We will also be appreciating our customers by providing them with discounted prices where appropriate.  The discounts will be based on various factors including how often a customer visits our establishment and utilizes the services provided.  Some lucky customers will be getting free barbering services during certain periods of the year.  To give back to the community, Creative Cuts and Styles will be selecting a few young individuals from the neighborhood who show great potential and pay for their training for them to acquire their preferred barbering skills.

Planet:   Creative Cuts and Styles will associate itself with other businesses that endeavor to protect our planet. The business will be ensuring that all waste - both liquid and solid - is disposed of in a manner that is friendly to the environment.  For instance, liquid waste will be disposed of in designated drainage systems to avoid contaminating water that is used by both humans and other living creatures.  Additionally, Creative Cuts and Styles will strive to use environmentally friendly products as well as utilize renewable sources of energy in our operations where applicable (Aydin, 2014).  Doing all this and much more will enable us to successfully implement the triple bottom line.

 

                                                                               References

Aydin, B. (2014, March). SWOT analysis of renewable energy. In 2014 International Conference and Utility Exhibition on Green Energy for Sustainable Development (ICUE) (pp. 1-7). IEEE.

Ramptom, J. (2015). 10 Ways to Give Back to Your Community. Inc.

Salah, M. R. A. (2016). The influence of rewards on employees' performance. Journal of Economics, Management and Trade, 1-25.