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Unit 8 Seminar and Template - Strategy and Responsibility 2 - CSR-CSV
Unit 8 Seminar and Template - Strategy and Responsibility 2 - CSR-CSV
Christopher
Business Strategy
UMSDQ5-15-3
Lipp
Lecturer
International
Business
Study Unit 8
Strategy and Responsibility 2
CSR / CSV
Code:
This Week Preparation
Strategy and Responsibility 2
Case study:
Esquel Part 2
The context
So far, the question we asked Now, the questions we ask are
Where does competitive What is the responsibility of
advantage come from? a firm?
How does that impact how
we should look at strategy?
Competitive Strategy:
Corporate Strategy:
Looking from the
perspective of the firm Looking from the
perspective of society
Study Units 1; 2; 3; 4; 5; 6
Strategy as a Choice Study Units 7; 8
RBV and Competencies Strategy and Responsibility
Strategy and Innovation L e vel’
‘Hig her
An Effective Society
Does society work more effectively if…… e.g. fir
ms
Shareholder View Stakeholder View
Remember:
I
S P O on ly) future competitiveness of
F
RE a lu e Reduce harm from
ia l v the firm: firm must get
(soc
value chain activities
(negative economic value) involved
Leverage capabilities
Issues not directly related to improve key areas of
to firm’s competitiveness
Y
Issues that can be resolved
by firm’s current value
ST competitive context
E
or value chain activities:
L
V
chain activities:
Be a goodPcitizen
Mwith lawsP
IN
Transform value-chain CSR
O
= Comply
T O cost
C unnecessary activities to benefit society AT EGI C
e)
STR red vaeclounomic
= Stop
r S while reinforcing strategy
(sha social +
o (positive economic value)
Shell Coca-Cola
McDonalds
Canon Nestle
These firms may be wasting These firms have a responsibility The existence of these firms is
resources by trying to solve to act on these social issues threatened by these social issues
these social issues
Based on Porter and Kramer (2006)
Soc
wh iety b
o e
eac le bec nefits
wh h focu ause as a
e f
mo re the sing o irms a
st i n
mp y can issue re
Remember: act hav
e th
s
e
ESQUEL part 2
1. Using Porter & Kramer’s (2006) framework, analyse
Esquel’s E-Culture and the decisions that generated social
value it triggered. Provide evidence to support your
argument.
Identifying Initiatives
It is best to first list them, then think
about categorising them.
+ve SV +ve SV
+ve EV +ve EV
What does the framework suggest Esquel should do in its CSR strategy?