Case Study On A Of Nike Company

Of the organization actions described in the case taken by Nike to actually try to implement its ambitious sustainability strategy, which few stood out for you as most significant and why?
Corporate Responsibility (CR) can be defined as the ethics of an organization or business. Every company has its own values and expectations in its relationship with the public, its stakeholders and the business world. In such relations, corporate responsibility acts as a device through which a company ensures that it complies with the expected ethical standards. Nike, like any other company is integrating corporate responsibility in the quest to propagate the company’s growth. Consequently, the organization has initiated various actions in the implementation of the sustainability strategy. There are few actions taken by the company however, that are very imperative in the realization of the company’s goal.
Initially, the Nike Company has embarked on ensuring a holistic method in the implementation of the CR strategy. Notably, the company seeks to include all the affected stakeholders in the implementation of its new strategy. These include the consumers, workers and the local communities. This is very essential as it will ensure that the interests of all these parties are put to consideration as the company seeks to integrate the CR strategy. Consequently, this will ensure that the company’s products are produced in the best possible environment and they don’t cause any damage to the consumers and their local environments.
Additionally, the Nike Company has resolved to align its new CR strategy with innovation agendas. To this case, the company seeks to produce goods and services that are more sustainable. This is a very important step taken by the company which has come to realize the role of technology in sustainability. Consequently, this action will provide a new sustainable ways of doing things to the local communities. In this way, the company addresses the actual cause of problems in society, hence providing a more viable solution, which is sustainable.
Furthermore, the Nike Company seeks to better understand its global tracks in business by recognizing sectors it greatly impacts. This is essential as it assists the company to know how to prioritize its actions in the implementation of the CR strategy. This will ensure that the company is careful not to cause any environmental and social harm in the provision of its services to the local communities.
Lastly, the Nike company projects future trends in the environment and the social sector. This is in quest to establish the future implication of these sectors on the company. This is very important in the implementation of the new CR strategy. This is because it makes it possible for the company to be able to strategize on how to deal with the new social and environmental challenges that they may encounter in the business world.