Learn smart - Learn online. Upto 88% off on courses for a limited time. View Courses
Error goes here
Please upload all relevant files for quick & complete assistance.
Running head: BUSINESS MANAGEMENT
Name of the student
Name of the university
Running head: BUSINESS MANAGEMENT
Name of the student
Name of the university
The sustainable development goals (SDG) in an organization focus towards improving
the degree of the business operations while increasing the CSR initiatives of the same. It has
been observed that every organization take the initiative of designing a range of CSR initiatives,
policies and procedures with the purpose of improving the operational aspects and adhering to
the triple bottom line needs of sustenance. In this connection, it has been observed that the nature
of change in the organizational operations are based on the efficient functioning of the different
syst ems while addressing the common strategic needs of the businesses (Ahtesham 2020 ). In
this connection, the SDGs empower an organization in improving the prospects of their CSR
settings. The concerned organization has been encountering a significant iss ue in empowering
quality education . Therefore, the research would take the initiative of developing insights on the
different areas of concerns that are being faced by the organization and the manner in which the
same might be mitigated.
Causes for the concern in the organization
The concerned organization has been encountering significant concerns due to the lack of
sufficient knowledge on the changing processes and the lower availability of talents and skills in
the markets. It has been observed that the concerned organization is mostly focused towards
developing the resource and capabilities while transmitting quality information to educate and
maintain the progressive nature of its operations. Pachar (2020) stated that the availability of the
skilled and experienced talents is an important aspect that is considered by the businesses with
the pu rpose of making a sustainable move towards development of their CSR activities. In this
connection, the concerned organization aimed towards pro viding the children of their staff
members with quality education and professional development programs s their CSR activity
while making a contribution towards constructing a positive social culture.
However, it has been observed that the organization i s unable to source skilled an
experienced talents who would support the business in empowering their CSR activity a per the
procedures and the policies (Turker 2018) . The unavailability of the talents from the different
markets might affect the capability of the concerned organization in empowering their CSR
activity based on the SDG. On the other hand, the insufficiency of financial funds is again an
important concern that is being faced by the concerned organization while developing their
provisions for the educational and professional skill development program.
Sanchez (2019) opined that the different activities that are planned by the businesse s are
specifically reliant on the financial capital and efficiency of their resource structures which is
significantly important for the continuous growth and expansion of the same while
implementing new processes (Dean, Gibbons and Perkiss 2018 ). In this connection , it has been
observed that the concerned business encountered significant challenges due t o the insufficiency
of their financial resources, which curbed their capability of improving the deg ree of success
factors for their chosen CSR activities. It has been observed that the business has been
encountering a significant challenge of mobilizing t heir funds and attracting the attention of the
investors to release their assets towards the CSR setting of the business (Virakul and Russ -Eft
Moreover, the lack of sufficient amount of collaboration with the regional universities
and the profess ional development institutions significantly limited the capability of the
organization in ensuring the growth and development of the business. Therefore, the
organizational goal of improving the degree of education among the staff members, the children
of the staff members and provisions of professional development for all is being limited through
the lower availability of the skilled and experienced talents in the regional markets, the lower
financial capability of the business and the lack of sufficient networking and collaboration with
the foreign universities and professional development institutions (Setó -Pamies and
Papaoikonomou 2020 ).
Consequences of the concern
The concerns t hat are being faced by the organization while functionalizing the CSR
initiatives of improving the quality of education through their professional and educational
campaigns affected the growth of the venture (Mukhi and Quental 2019 ). It has been observed
that the organiza tion focused towards improving the quality of the education among the staff
members and their children or the job aspirants through the development of educational and
professional development courses and seminars.
According to a research it has been observed that more than 42% of the people in the
region was found to be uneducated due to their lower affordability (ElAlfy et al. 2020 ). The lack
of literacy again affected the capability of the concerned organization in attracting or sourcing
skilled and experienced workforce for improving their business pot entials. In this connection,
the lack of sufficient amount of experienced and skilled personnel sourcing would limit the
business in implementing the educational and professional development campaigns for the
people who cannot afford educational institut ions.
On the other hand, the lack of sufficient financial capabilities affected the capability of
the organization in subsidizing the educational programs for the children of their own staff
members. The goal of the organization is to improve the quality of education among the people.
However, the lack of sufficient collaboration and networking with the different educational
institutions and universities has affected the capability of the organization in empowering their
CSR activity of improving the qua lity of educational facilities to the community and their own
staff members (Nurunnabi et al. 2020) . The lack of mitigation or resolution of the concerns and
challenges might affect the capability of the concerned organization in improving the educational
scenario of the community while improving the skills and talents of their own workforce.
Recommended activities that might be considered by the organization
The recommended course of actions that might be considered by the concerned organization
De veloping collaboration with the educational institutions and universities : The
collaboration with the educational institutions and the universities would allow the
business in gaining a competitive edge while improving their prospects of upholding the
educ ational seminars, workshops and the professional development courses. Th e
networking and collaboration with the universities and the professional training and
development organizations or institutes would allow the organization in developing a
new scope of channelizing their efforts of providing the stakeholders with quality
education. The mutual collaboration between the universities and the organization would
again support in improving their scope of finding and sourcing skilled and experienced
talents f rom the different markets in order to empower their operational processes.
Moreover, the close collaboration with the different universities would allow the
organization in reducing their expenses of setting up the educational and professional
training act ivities while continuing with their operations based on their CSR priorities.
Implementing a lean model towards operations for increasing sustainable functions :
It has been observed that the application of the lean model in the organizational premise
supp ort a business in increasing the efficiency of the business operations while
empowering the continuous growth and development. The concerned organization, likely,
must implement the lean operational model with the purpose of reducing their operational
expe nses and thereby mobilize their funds towards the educational and professional
development activities. The activities would significantly support the organization in
imp roving the quality of education among the staff mem bers and the other stakeholders,
as per their organizational objectives.
Therefore, from the above assessment it might be stated that the concerned organization
encountered significant concerns like insufficiency of financial funds, lack of suf ficient talents
and inadequacy of collaboration with different educational institutes. However, the research
demonstrated the manner in which the organiza tion might resolve the concerns with the purpose
of stimulating their CSR activities as per the SDG of priding quality education. The different
areas of change in the organizational operations would significantly support in improving the
quality of the sustainable practices of the venture.
Ahtesham, S., 2020. Sustainable development -goals and challenges ahead in developing
countries. International Journal of Public Sector Performance Management, 6(2), pp.144 -149.
Dean, B.A., Gibbons, B. and Perkiss, S., 2018. An experiential learning activity for integrating
the United Nations Sustainable Development Goals into business education. Social Business,
8(4), pp.387 -409.
ElAlfy, A., Palaschuk, N., El -Bassiouny, D., Wilson, J. and Weber, O., 2020. Scoping the
evolution of corporate social responsibility (Csr) research in the sustainable developmen t goals
(Sdgs) era. Sustainability, 12(14), p.5544.
Mukhi, U. and Quental, C., 2019. Exploring the challenges and opportunities of the United
Nations sustainable development goals: a dialogue between a climate scientist and management
scholars. Corporate G overnance: The International Journal of Business in Society.
Nurunnabi, M., Esquer, J., Munguia, N., Zepeda, D., Perez, R. and Velazquez, L., 2020.
Reaching the sustainable development goals 2030: energy efficiency as an approach to corporate
social respon sibility (CSR). GeoJournal, 85(2), pp.363 -374.
Pachar, S., 2020. ROLE OF CSR TO ACHIEVE SUSTAINABLE DEVELOPMENT GOALS
(SDGS) IN INDIA: OPPORTUNITIES AND CHALLENGES. PalArch's Journal of
Archaeology of Egypt/Egyptology, 17(6), pp.7663 -7668.
Sanchez, D.O.M., 2019, June. Sustainable Development Challenges and Risks of Industry 4.0: A
literature review. In 2019 Global IoT Summit (GIoTS) (pp. 1 -6). IEEE.
Setó -Pamies, D. and Papaoikonomou, E., 2020. Sustainable Development Goals: A Powerful
Framework for Embeddin g Ethics, CSR, and Sustainability in Management Education.
Turker, D., 2018. Global challenges: Aligning social responsibility and sustainable development
goals. In Managing social responsibility (pp. 161 -176). Springer, Cham.
Virakul, B. and Russ -Eft, D.F ., 2019. A model for business responses to global challenges and
sustainable development. Social Responsibility Journal.
Enter the password to open this PDF file:
MyAssignmenthelp.com is the best assignment help provider serving thousands of students in New York City, Boston, Washington D.C. and Chicago. With a team of qualified and experienced online assignment experts, we deal with all types of assignment writing tasks. Our popular assignment help services include marketing assignment help, auditing assignment help, finance assignment help, statistics assignment help, help with law assignments. We guarantee that students, who decide to buy assignments online, get work worth their money and time.
On APP - grab it while it lasts!
*Offer eligible for first 3 orders ordered through app!
ONLINE TO HELP YOU 24X7
OR GET MONEY BACK!
OUT OF 38983 REVIEWS
Received my assignment before my deadline request, paper was well written. Highly