Wednesday, May 6, 2020

Sustainability Report for Tiny Opera Company- MyAssignmenthelp

Question: Discus about theSustainability Report for Tiny Opera Company. Answer: Sustainability Report of Tiny Opera Company: Being one of the renowned names of the theatre world, Tiny Opera Company must maintain the sustainability to maintain healthy relation with the local community and people around the organization. The organizational management must encourage their employees to adopt the policies and practice them within the organization, so they can promote the brand name among the potential consumers (Hahn and Khnen 2013). CSR initiatives work as a weapon to maintain peaceful relation with the locality as well as it maintains harmony within the organization. The organizational management must include some effective policies into their rulebook, such as- The organization must avoid the excessive use of natural resources in their organizational function. It will help the organization to maintain sustainability. At the same time they must avoid the use non bio degradable products into their organizational practices, as that can be harmful for the atmosphere (Junior, Best and Cotter 2014). Tiny Opera can conduct free health check up camp, blood donation camp or the organizational authority can provide sufficient financial and other relevant support to the needy people of the society. It will build a strong relation between the local community and the organizational authority of Tiny Opera. The organizational management must provide financial and moral support to their employees whenever they require. It is often evident that people suffer from various emotional turmoil or financial crisis. The organizational management must pay close attention to the fact and provide them required support. It will help them to maintain organizational peace and harmony. The organizational management must encourage their employees to adopt three R policies into the organizational practice, such as- reuse, recycle and reduce (Ioannou and Serafeim 2016). They must reuse and recycle the wastes that have been produced by them and they must reduce any kind of practice that can be harmful for the environment. The organizational management must include performance appraisal and reward system in the organizational structure to identify the strong and weak performer. The organizational management must monitor the performance of their employee. It will provide them vivid concept about the organizational growth. By rewarding the best performers the organizational management will be able to motivate their employees to participate in the organizational function in an active manner. The organizational management must provide training and development program to their weak performers where the organizational management can provide relevant information about the organizational work style and how they can perform more actively. The organizational management can motivate their employees by providing motivational speech or sharing their own experience with them. The organizational authority will be able to share their vision and organizational objective with them. This will stimulate the performance of the employees. The organizational management can organize some counseling session for their employees who are suffering from any kind of bereavement. This will provide a sense of importance to the employees and motivate them to contribute to establish a bright future for the organization. The organizational management can refer their employees to the organizations as well where they will be provided some important suggestions to beat their emotional struggle (Milne and Gray 2013). Reference: Hahn, R. and Khnen, M., 2013. Determinants of sustainability reporting: a review of results, trends, theory, and opportunities in an expanding field of research.Journal of Cleaner Production,59, pp.5-21. Ioannou, I. and Serafeim, G., 2016. The consequences of mandatory corporate sustainability reporting: evidence from four countries. Junior, R.M., Best, P.J. and Cotter, J., 2014. Sustainability reporting and assurance: a historical analysis on a world-wide phenomenon.Journal of Business Ethics,120(1), pp.1-11. Milne, M.J. and Gray, R., 2013. W (h) ither ecology? The triple bottom line, the global reporting initiative, and corporate sustainability reporting.Journal of business ethics,118(1), pp.13-29.

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.