Strategic Planning
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Write a paper in which you do the following:
Explain the role of ethics and social responsibility in developing a strategic plan, considering stakeholder needs.
Explain how your ethical perspective has evolved throughout the program
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Solution Summary
This solution discusses ethics and social responsibility in developing a strategic plan.
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A strategic plan's goal is to set out the company's vision. When developing this plan, there are many obligations that must be taken into consideration. An organization sets out its mission, analyzes the firm itself, formulates a strategy, implements the strategy, and defines parameters. Because so many steps are involved in the planning process, there are at times, things that can be overlooked such as the organization's ethical and social responsibilities.
When developing a strategic plan, a company should remember to follow their ethical duties. Ethics plays a large role when developing a strategic plan, even when considering a stakeholders needs. When creating the strategic plan, the organization needs to remember any possible ethical implications. These ethical implications include each member's rights in the workplace and rights within the strategic plan. Next are the obligations of each member of the organization. The plan will need to ensure that they set out what each member is required to do in the organization and ensure that their ethical duties and rights are not hindered. Each member of the organization should also be treated fairly ...
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