Friday, May 3, 2019

New Balance Corporate Social Responsibility Case Study

tonic Balance Corporate Social Responsibility - Case Study Example fit to the essay findingsmanufacturing of all kinds of the footwear within the US is on decline the main reason is the low-wage make up at some of the emerging economies such as China. It is important to note that footwear manufacturing, in appal of significant technological advances, involves considerable amount of manual handling. As a result of this, the footwear labor in the US in general and New Balance in particular faces huge environmental and social challenges. A strong Corporate Social Responsibility (CSR) policy needs to be in place to not only enhance all stakeholders trust and confidence in the company yet also spearhead its growth by integrating the core business strategy with its CSR strategy.This paper discusses thatNew Balances Mission disputation explicitly takes into account the importance of CSR policy in its growth Demonstrating responsible leadership, we shape global brands that athletes a re proud to wear, associates are proud to create and communities are proud to host.Values, one and long history are the aspects that strengthen overall governance of the company. People feel proud speckle working at New Balance because management provides due importance and listen them carefully. People at senior management in the company believe to having a strong support for CSR.The companys mission statement and values strongly support CSR functions. However, the difficult part is that very few of them really understand the afoot(predicate) responsible leadership (RL) goals and priorities.

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