Monday, July 29, 2019
Sustainable Solutions Paper (Answering Questions) Essay
Sustainable Solutions Paper (Answering Questions) - Essay Example This indicates a challenge that the company faces in its supply chain business. This paper represents an analysis of the company using traditional strategic thinking tools. Stakeholder Identification and Value Analysis Stakeholders refer to organization, persons, or groups of persons who may be affected by a companyââ¬â¢s decision. Customers are the main stakeholders of the company. This is because the company has a responsibility of meeting their perfume and fragrance requirements. Thus, any decision made by the company concerning the nature of the product is likely to affect the customers. The customers define the corporate-level strategy of the company. This is because customerââ¬â¢s satisfaction indicates `Albaniââ¬â¢s main business. Business-level strategy is the other significant enterprise level strategy. The strategy defines the companyââ¬â¢s competitiveness and sustainability in the perfume industry. The companyââ¬â¢s employees have contributed to the companyà ¢â¬â¢s sustainability through the creation of high quality products. The companyââ¬â¢s lenders and promoters have also contributed to the companyââ¬â¢s growth and sustainability by ensuring that the company has sufficient capital. Albani promoters and lenders fulfil the functional-level strategy of the business. Finally, the company has a social responsibility that is beyond making of profits. These responsibilities define the role of the organization and the basic perception of the public towards the organization. The society, which is a bigger set that contains the companyââ¬â¢s customers represent Albaniââ¬â¢s public image. Culture: Organizational culture refers to ââ¬Å"a collection of values and norms within an organization which are shared by all stakeholders and they determine or control how people interact (Macmillan, 2007). According to the article, Albaniââ¬â¢s organizational culture can be classified as ââ¬Å"bet your company culture.â⬠The company ââ¬â¢s decisions have a major impact on its customers. Thus, big decisions are taken after considering the views of all the stakeholders. For instance changing the brand name of a particular perfume will require the approval of the customers and other relevant stakeholders. Such decisions require market research that might take a long time to materialize. Integrated Concepts from Readings According to the previous documents, the success of a company depends on various factors. Each of these factors has a role to play in determining the overall nature of the companyââ¬â¢s external or internal environment. The enterprise level strategies define the role of the business and its perception according to the society. Thus, enterprise strategies are concerned with the corporate social responsibility of the business. The companyââ¬â¢s culture and enterprise strategies are congruent despite not been closely related. This indicates that a company might have mission statement that is not aligned to its enterprise strategies. However, the companyââ¬â¢s vision should be congruent to its enterprise strategies. Otherwise, its vision will not be significant to its operations. General Force Analysis General forces are factors that affect all business operating in a certain industry. This indicates that the general forces define the overall business environment. General forces relate to the society and the countryââ¬â¢
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