Operations, Technology, Management, and Social Responsibility Plan (With Financials)
How would you implement the triple bottom line (people, planet, profit) concept at your chosen company, whether you are using the snack food company scenario or the company of your choice? TechIq will monitor day emails, pm, and chats for open discussions and help with certain parameters. Will call, warehouses, off-site, and maintain stock availability. thus being a small to mid-sized company that encompasses the needs of the customer. We do Cradle to grave type jobs making the customer our #1 priority. From consultation to enterprise integration we handle it all. Business rule of the 3 P's. Profit: Make sure a certain percent of the profit is shared with your employees as a bonus in the form of thanks-giving. Alternatively, you can also improve the standard of work-life for your employees, and making it the best workplace to work for. The second option is to get involved in the community work, by building proper medical facilities for the communities and helping the communities thrive better. People: As TechIQ, we will have a responsibility towards all those who are directly and indirectly related to your product. This will include your employees, customers, suppliers, and community on whole. Employees are the heart of your organization. They can make or break an organization. So, it is important that you take care of your employees such that employees take care of your customers. It is very important that you provide growth and opportunities to your employees such that they grow and nurture in their respective jobs, at the same time they will be a reason for your company's growth as well. Planet: Being a part of this Technology unit and help support the community, TechIQ will and should ensure that you recycle, and reuse the waste and follow the alternate sources of energy and consuming energy. Minimizing the waste will be the biggest advantage to the environment and the planet on the whole. Apart from recycling and re-use, always make sure you give back to the planet by planting more trees in the community and in your organization, reducing the consumption of energy, reducing the wastage of water, etc. Thank you for your response. Great suggestions. Think of some specific strategies you can use to keep the company profitable. For the people section, also discuss the other stakeholders. How would you care about the community, suppliers, or customers? Being socially responsible is part of the overall health of the company. If businesses act with honesty and integrity, they are more likely to attract employees, customers, and business partners who would have the same values. You will expand on this week’s information as you prepare the Social responsibility section of your business plan in Assignment 3.