Overview: The final project for this course will be the creation of a consulting report. The assessment will be a solution-based approach that will apply the elements of the course to a case study. The student will demonstrate levels of attentiveness and responsiveness that leaders of an organization should observe to enhance relationships between an organization and its community. The students will be tasked with applying leadership processes and theories in the development of solutions to a case study. Additionally, this assessment will allow the students to combine theory and practice and apply these concepts to a relevant contemporary situation.
This assessment addresses the following course outcomes:
· Propose alternative solutions to establish a culture of corporate responsibility including people, planet, and profit
· Evaluate the levels of attentiveness and responsiveness that leaders of an organization should embody to enhance relationships between the organization and society
· Interpret the health of an organization through the lens of a triple bottom line of people, planet, and profits
· Devise a plan to strategically lead an organization to practice responsible corporate behavior for the purpose of developing optimal stakeholder relationships
· Evaluate the impact of corporate policies and practices on internal and external stakeholders for leading an organization to operate responsibly
Attach a 5–7page draft of the recommendations and implementation for British Petroleum Plc. This information will be used as part of the final consulting report. Within the recommendations and implementation section, address the following:
For this section of the assessment, you will provide recommendations based on your analysis of the British Petroleum Plc corporate responsibility including people, planet, and profit.
A. People: Recommend how this company could improve on its relationships with stakeholders, such as employees or customers. How would following these recommendations help the company better achieve its mission? Consider discussing the need for diversity in the makeup of the company’s employees and leadership.
B. Planet: Recommend ways this company could improve in terms of its environmental policies. How would the policies affect key stakeholders in the community? Consider providing the company’s present location and exploring the impact of a positive environmental policy on that location.
C. Profit: Point out some adjustments that the company might make to remain or become profitable. What is the benefit of profitability to the key stakeholders? Consider giving examples of how other companies have been profitable while operating responsibly.
For this section of the assessment, you will provide deeper insight on how BP Plc could implement your recommendations and promote a culture of responsible corporate behavior.
A. People: Illustrate specific steps needed to be taken by BP Plc to implement your recommendations to improve relationships with stakeholders. What are the possible sacrifices that might need to be made? Think about how implementing these steps can help change the culture of the BP Plc.
B. Planet: Illustrate immediate steps needed to be taken by BP Plc to implement your recommendations on how to improve in terms of its environmental policies. Consider justifying your response by including how implementing these steps can help change the culture of BP Plc.
C. Profit: Illustrate specific steps necessary for BP Plc to remain profitable. How would taking these steps promote a culture of responsible corporate behavior? Consider the cost of the implementation of the changes vs. the overall benefit of the changes.
Attach a 1–2page outline of the opportunities for BP Plc and the outline can contain bullet points, listed information, and detailed phrases. This information will be used as part of the final consulting report. Within the Opportunities section, address the following:
A. Predict ways in which relationships with community stakeholders would improve because of the new policies. Think about the positive impact these new policies might have on oppressed members of the community.
B. Evaluate what ways these policies might help BP Plc. How would implementing these policies allow BP Plc to be an industry leader? Consider explaining why becoming an industry leader is important.
C. Describe the general outlook for BP Plc profitability while still following the recommendations that you are making. How are these recommendations good for business in the short term and the long term? Consider giving examples of possible opportunities for business growth because of these policies.
Submit a 5- to 7-page draft of the Recommendations and Implementation sections, and a 1- to 2-page outline of the Opportunities section