Posted: September 5th, 2023
STAKEHOLDER VALUE AND ETHICS – Term 1 2014 Due Weeks 6, 10 and 11MAJOR ASSIGNMENT – Weight (25%)This is a GROUP assignment. You need to form groups of three or four (maximum four). Teams to be formed in Week 4.Your TaskSelect an organisation that you are either familiar with (you may, or may have, worked there) or have researched. Ideally, choose an organisation within the professional services sector (eg: Financial, Legal, insurance, medical, etc). You may choose to focus on an organization in another industry but you should seek advice from your lecturer first.For this organisation, you may identify ethical issues or aspects from a range of areas covered in the readings and lecture notes. These include:-1. 2. 3.Ethics at the Individual LevelThe dynamic of Groups and Ethics in the organisationThe Organisational Ethics Construct (How does the organisation ensure ethical behaviours?)In your response you should:-A. IdentifyanddefinetheStakeholdersandtheirstake.B. Determine the key issues facing management when managing thesestakeholders.C. Evaluate the Stakeholder value management response. This may include:-(i) rational, process and transactional levels(ii) stakeholder inclusiveness and relationships(iii) stakeholder power: awareness, knowledge, admiration, action(iv) monitoring and communicating with stakeholders(v) winning stakeholder support(vi) tangible and intangible resources to deliver stakeholder valueD. For the following Stakeholders, identify, discuss and evaluate the organisation’s ethical construct from a range of stakeholders which may include:(i) Shareholders(ii) Customers(iii) Employees(iv) Suppliers(v) Community (Publics)(vi) Determine associated accounting constraints and enabling processes(Hint: Enron insights).You may decide to take on the role of a consultant and conduct an ‘ethical health check’ of the organisation incorporating the above elements.Another approach may be to identify a ‘star performing’ organisation or Strategic Business Unit within the organiastion and use it to benchmark the industry.Make appropriate recommendations based on your findings.You are required to prepare a report based on the above incorporating relevant theory and additional readings when analysing your chosen company.Your work will be assessed progressively.In Week 6 you are to demonstrate an overview, supported by research you have gathered of your chosen organisation. You should search for company and industry reports as well as news and business articles about the company and the industry. You MUST also include at least three academic journal articles sources from the eResources. Failure to do this will result in a penalty of 10% of the available mark.In Week 10, you will be required to present the class a 5-10 minute (maximum) summary of your progress. This may be in the form of a presentation or simply a discussion within the class. Failure to do this will result in a penalty of 20% of the available mark.Prepare a six (for groups of three) or eight (for groups of four) page report (using standard formatting*) outlining your findings and appropriate recommendations based on the evidence you provide and the conclusions you draw. The six pages do not include Title Page, Table of Contents, Executive Summary, Recommendations or Appendices (if used).Ensure your report is appropriately reference using the Harvard style of referencing and uploaded on the Turnitin link provided in the Week 4 area.The report is due at 18:00 of Week 11 on the day of your scheduled lecture (upload on moodle – turnitin). Team leader only to submit, including details of all team members.The turnitin link will be provided to help you ensure you avoid plagiarism issues. You should use this to check your work and upload your work as many times as you wish up to the due date after which your submission is locked in.*Standard Formatting2.5cm margins, left, right, top and bottom 12pt Arial font1.5 line spacingYOU MUST INCLUDE A COVERSHEET WITH YOUR SUBMISSION.ASSIGNMENTS NOT SUBMITTED WILL BE DEEMED INCOMPLETE AND PENALTIES FOR LATE ASSIGNMENTS WILL APPLY.ONLY TEAM LEADER TO SUBMIT ASSIGNMENT ENSURING THAT DETAILS OF ALL TEAM MEMEBERS ARE INCLUDED ON THE COVER SHEETASSIGNMENTS WHICH ARE SUBMITTED LATE WILL BE SUBJECT TO A LATE PENALTY OF 10% OF THE AVAILABLE MARK FOR EACH DAY THE ASSIGNMENT IS LATE UNLESS PRIOR APPROVAL IS OBTAINED.
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