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Chapter 17 Leadership, Corporate Social Responsibility, and Sustainability

Chapter 17 Leadership, Corporate Social Responsibility, and Sustainability. Leadership. Recognizing marketing challenges and dilemmas Noblesse oblige – Leadership – . Leadership. Gaps between the socio-economic groups present practical and ethical dilemmas

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Chapter 17 Leadership, Corporate Social Responsibility, and Sustainability

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  1. Chapter 17 Leadership, Corporate Social Responsibility, and Sustainability

  2. Leadership • Recognizing marketing challenges and dilemmas • Noblesse oblige – • Leadership –

  3. Leadership • Gaps between the socio-economic groups present practical and ethical dilemmas • Dimensions of the marketing dilemma • Cultural differences

  4. Leadership • A key Western marketing dimension is the ____________________________ • International marketing and societal orientation interact closely • When host-country regulations are less demanding than home countries:

  5. Leadership • The increased role of government • The 2008 economic crisis led to government interventions to: • Governments:

  6. Leadership • The 2008 economic crisis revealed the: • Leaders of G20 nations have pledged to:

  7. Leadership • Government involvement will be manifested in efforts to tackle:

  8. Leadership • New sources of funding refer to: • Open-market orientation is maintained • Closely examined unfair trade practices

  9. Leadership • Trust • Global corporations have vast reach and enormous economic power • With economic power comes greater expectations for:

  10. Leadership • Public trust is a measurement that corresponds to the willingness of societies • Trust is stronger when ______________________________ • Trust has direct implications for international marketers • To build future trust

  11. Leadership • The leadership challenge • Bailouts: • The Vatican's proposal calls for a financial transactions tax on:

  12. Leadership • Leadership qualities required in areas • Population growth • Disparity in incomes • Urbanization • Climate change • Cultural clashes

  13. Leadership • Areas that make it complex for corporations

  14. Leadership • Aligning strategy, products, and societal interests

  15. Corporate Social Responsibility • What is the responsibility of business? • Corporation should not be distracted from the efficiency of the main purpose • The corporation:

  16. Corporate Social Responsibility • Defining corporate social responsibility • Corporate social responsibility (CSR):

  17. Corporate Social Responsibility • Corporate citizenship: • Corporate philanthropy: • Voluntary approaches minimize:

  18. Corporate Social Responsibility • Strategic focus • Shared value:

  19. Corporate Social Responsibility • Approaches that apply to international marketers:

  20. Corporate Social Responsibility • CSR reporting • Corporate social responsibility focuses on corporate reputation • Important indicators of a company's CSR commitment

  21. Sustainability • A sustainable future? • Sustainability:

  22. Sustainability • The EU has implemented REACH • A set of broad-reaching regulations on the use of chemicals

  23. Sustainability • Sustainable practices • Businesses build the key value creation levers that drive returns on:

  24. Sustainability • Sustainable consumers • Customer target who: • When consumers feel more economic pain, the concerns are more about:

  25. Sustainability • Good labeling and availability of certification is helpful • Multiplicity of certification authorities contributes to the confusion about sustainable business practices • Voluntary environmental programs

  26. Sustainability • Greenwashing – • Can be very subjective

  27. Sustainability • Growing importance to marketing • In the long run, sustainability will be important to:

  28. Curative Marketing • Curative international marketing: • Accepts responsibility for problems to which marketing has contributed

  29. Curative Marketing • Two perspectives • Needs to draw on fields like:

  30. Curative Marketing • Four core areas • Truthfulness – • Simplicity – • Recognition and elimination of incongruities

  31. Curative Marketing • Expanded participation - International marketing relies on a fundamental belief in the virtues of: • Personal responsibility –

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