Best Essay Writing Services; ethical practices -why are decisions to outsource work to other countries often perceived negatively by company employees and the public
Let’s add this week’s learning objective related to ethics in the discussion.
As a strategic leader, what actions could you take to establish and emphasize ethical practices in your firm?
You introduce an importance concept that is frequently debated in the public
arena and often positioned as a corporate ethics decision. Here are a couple
critical thinking question for the class…
In your opinion, why are decisions to outsource work to other countries often
perceived negatively by a) company employees and b) the public?
As a leader, what steps would you recommend to manage these perceptions? 8. In support of the company’s commitment to innovation 3M allows its employees time to work on their own projects. The company not only capitalizes on the successful inventions, but it also capitalizes on failed inventions by allowing the creations to become a new product when feasible. The creation of new products and modifications to current products helped 3M grow by 500% in the 20th century (Innovation, 2014).
It’s pure genius for 3M to allow employees in and outside the R&D realm to work on new ideas. The company reaps the product-based benefits while innovative employees only receive recognition and perhaps a trip. It’s also typical for employees not to receive any of the profits generated by their inventions. The company gets huge returns by investing in its greatest asset: employees. Embracing employee ideas created the foundation for 3M’s ability to market thousands of products while other companies have struggled with product diversification. Innovation: Secrets of branding
