Week 10 - Online Forum

Assalamualaikum

This week, there is no face-to-face lecture and tutorial. We were asked to read Chapter 9: Ethics, Corporate Social Responsibility, Environmental Sustainability, and Strategy by ourselves.

This chapter basically emphasises on business ethical codes that need to be implemented in an organisation. By studying this chapter, i learn how the standards of ethical behaviour in business are no different from the ethical standards and norms of the larger society and culture in which a company operates., besides that, gain my understanding of the costs of business ethics failures and learn the concept of corporate social responsibility and environmental sustainability  and how companies balance these duties with economic responsibilities.

On the other hand, for the tutorial lesson, we were required to answer an online forum. The question is,

 " Discuss how a corporate culture can assist in executing strategies in an organization. if you are one of the top managers, what kind od values that you would like to inculcate in your organization?"
 

My answer is: 

I think that corporate culture can assist in executing strategies in an organization  by develop a well matched culture to the requirement of the strategy execution. It will energize employees, deepen their commitment to execute the strategy and enhance worker productivity. Apart from that, Culture-induced peer pressure induces personnel to do things in a manner that aids good strategy execution. It is in management’s best interest to dedicate considerable effort to establishing a corporate culture that encourages behaviors and work practices conducive to good strategy execution.

If  i one of the top manager, the values that I would inculcate in my organization is Justice, responsibility  benevolence and unity, because that's are Islamic values that should be apply by all organization, and insyaAllah it will assist the executing strategies.

That's all for this week. Thank you =)