15 Mar In what ways can CM Tech create value for the members of the community in which they operate?

Order Instructions
Corporate Social Responsibility is gaining attention. Sustainability efforts are growing in popularity. “Going Green” is a fairly common term
Give a strategy presentation to the CM Tech board of directors proposing how elements of the environment should be built into CM Tech’s strategy.

Your research paper should include the following key elements:
• In what ways can CM Tech create value for the members of the community in which they operate? How might some of these actions tie to CM Tech’s strategy?
• In what ways can CM Tech create value for the nature environment in which they operate? How might some of these actions tie to CM Tech’s strategy?
• In what ways can CM Tech embrace sustainability efforts? How might some of these actions tie to CM Tech’s strategy?

SAMPLE ANSWER

Introduction:

CM Tech has been a prominent player in the technology industry. In recent years, there has been a growing emphasis on corporate social responsibility and sustainability efforts. This research paper presents a strategy presentation to the CM Tech board of directors, outlining how elements of the environment should be incorporated into CM Tech’s strategy. The paper will explore ways in which CM Tech can create value for the community and nature environment, and embrace sustainability efforts.

Creating Value for the Community:

One way in which CM Tech can create value for the community is by implementing socially responsible business practices. CM Tech can contribute to the well-being of the community by providing job opportunities, supporting local charities, and engaging in philanthropic activities. Such actions can lead to a positive image and reputation for CM Tech in the community. This can strengthen the company’s relationships with local stakeholders and customers, which can, in turn, enhance brand loyalty and drive revenue growth.

Creating Value for the Natural Environment:

CM Tech can create value for the natural environment by adopting sustainable business practices. One such practice is reducing greenhouse gas emissions. CM Tech can reduce emissions by investing in renewable energy sources, implementing energy-efficient practices, and minimizing waste generation. Additionally, CM Tech can participate in reforestation programs, protect endangered species, and reduce its impact on ecosystems. Such actions can contribute to the preservation of the natural environment and also generate positive brand image.

Embracing Sustainability Efforts:

Sustainability efforts can be achieved by adopting a “green” strategy that is environmentally friendly. CM Tech can embrace sustainability efforts by using eco-friendly materials in product design and manufacturing. The company can reduce its carbon footprint by reducing energy consumption and emissions, and minimizing the use of natural resources. Furthermore, CM Tech can engage in sustainable supply chain practices, such as sourcing materials from environmentally conscious suppliers. Such practices can generate cost savings for the company while contributing to environmental protection, which can, in turn, improve brand loyalty and generate revenue growth.

Conclusion:

CM Tech has the opportunity to create value for the community and the natural environment while also embracing sustainability efforts. The strategies outlined in this research paper can enhance the company’s reputation, strengthen relationships with stakeholders, and drive revenue growth. Incorporating elements of the environment into CM Tech’s strategy will position the company as a responsible and sustainable business, while also contributing to the preservation of the natural environment.

References:

Kang, J. M., & Moon, H. C. (2018). The effects of corporate social responsibility (CSR) on employee behaviors: Moderating role of organizational identification. Sustainability, 10(4), 1018. https://doi.org/10.3390/su10041018

Lin, C. H., & Yang, C. H. (2020). Does corporate social responsibility enhance financial performance? Evidence from ESG rating and disclosure in Taiwan. Sustainability, 12(15), 6224. https://doi.org/10.3390/su12156224

United Nations. (2015). Sustainable Development Goals. Retrieved from https://www.un.org/sustainabledevelopment/sustainable-development-goals/