Wednesday, June 19, 2019

Sustainable Value Portfolio Research Paper Example | Topics and Well Written Essays - 1500 words

Sustainable Value Portfolio - Research Paper ExampleThe research paper Sustainable Value Portfolio overviews the sustainability concepts. Sustainability in business refers to the way an organization puts on the impact of its activities on the surround, economy, and society and can take distinguishable concepts, for example, a balance in the operational concepts of a business. An examination of the sustainability range portfolio between Toyota and Hyundai reveals that Hyundai has the best portfolio in terms of sustainability value. To enhance sustainable management issues, Hyundai has put the effort in ensuring awareness among the executives and the staff members concerning sustainability, by ensuring an effective communicating system. The connection has created a wide sustainable management culture. To enhance sustainability, the company has put in focalise a global reporting initiative. It has also interpreted into consideration the social, environmental and economic factors ne cessary to ensure the performance of the business. Hyundai has also proved to have the best portfolio in terms of sustainability through their stakeholder participation. The company has do a classification of its stakeholders into staff members and stakeholders, subcontractors, customers, shareholders and investors, local anesthetic communities, and government agencies. This, key issues concerning sustainability management have been assigned to each group. Examining Toyotas portfolio towards sustainability, the company has focused on ensuring they ever so make better cars.... Hyundai has also proved to have the best portfolio in terms of sustainability through their stakeholder participation. The company has made a classification of its stakeholders into staff members and stakeholders, subcontractors, customers, shareholders and investors, local communities, and government agencies. Through this, key issues concerning sustainability management have been assigned to each group. How ever, examining Toyotas portfolio towards sustainability, the company has focused on ensuring they always make better cars, and enriching the lives of different communities, hence the company is likely to ensure sustainability, however, in the long term range (Becker, 2008). Examining the sustainability value portfolio for Hyundai reveals that the company has put emphasis on upgrading the core capabilities of the organization. The company has encouraged creative and innovative thinking among the employees, to boost performance in procurement, design and construction management. To ensure global leadership, the company has put in place a vision towards sustainable management. An examination of their future projects, the company has put in place strategies, to accompany the action plans required to unsure sustainable outgrowth of the company (Boudreau, Ramstad, 2005). An examination of the companys sustainability value portfolio, in terms of the working environment, it is evident tha t the company, which is under the construction industry, has undergone rapid transformations in the business environment because of the global environmental issues which include climate change. The business areas of the industry have also expanded and include the development of resources and infrastructure. To enhance sustainability, then company

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