Blog 3

On the first lecture, We looked at an Empirical survey this indicated mission statements within countries. The outcome showed that their corporate social responsibility to MSW was a low percentage in valueing its importance. This is quite suprising, As MSW is the core value depending on what you do with the market share in the short term it can affect it in the long term. Welfare of employees is quite a good strategy to have as this creates productivity. People who love the company and who love working for them helps to create a good impression to outsiders and that can drive MSW. You can also link rewards to shareholder wealth improvements. If you have a goal,(goal congruence) which requires you to bring your different ideas together to please people, But Jenson 2010 quoted "Multiple objectives is no objective" i:e Trying to please everybody-Managers,employees and stakeholders. You have to concentrate on the most important one as you cannot please everybody and that is the shareholder to MSW. The problem is they all should want the same aim.