Monday, April 29, 2019

The problem of sustainability at Marks and Spencer Essay

The problem of sustainability at mark and Spencer - Essay ExampleThe firm that is analyzed in the written report is Marks & Spencer, one of Europes leading retail merchants and a household name in the UK where it provides high-quality clothing, food, and kinfolk wares in about 30 countries through over 400 stores. It has thus employed many tribe worldwide and enjoys huge turnover. However, with the recent globalisation and increased competition, Marks & Spencer and other international companies face pattern business challenges. The problem of sustaining the supply of high-quality clothing, food, and households is one of the major issues affecting Marks & Spencer. The snapper aim of Marks & Spencer is to provide great customer service since lack of it leads to customer disappointments and low turnover. Indeed, customers need full and arranged availability of high-quality services. In this case, Marks & Spencer aims at becoming the worlds just about sustainable major global re tailer by 2015. The eight company executives who participated in the sentiment are specialists who came from inside and outside Marks & Spencer. From the survey, we locoweed establish that in 2007, Marks & Spencer launched a sustainability plan. As such, there is a clear relationship amidst sustainability and business models in various companies. This reflects an alignment between sustainability priorities and organisations business priorities. Indeed, this link is very significant as it enables the focal point to address the issues of sustainability in relation to business operations since all business operations should strickle into account the aspect of sustainability to guarantee a going concern for the company.... ctually, the survey reveals that Marks&Spenceraligns the concept of sustainability with core strategy in all business operations with an aim of realising sustainability in the quickest time possible. Indeed, most respondents establish a clear correlation between the business strategy of the company and sustainability. However, many respondents established that there are wide gaps between the leaders aspirations towards sustainability and how sustainability applies within their organisations. This gap hinders the implementation of the sustainability policy and the achiever thereof. At the same time, we can derive form the survey that sustainability in any company faces midland and external challenges (Hogevold & Svensson 2012, p.142-151). Indeed, at Marks & Spencer, the current economy denies them an avenue to foster sustainability and its richness. Moreover, we can establish from the survey that companies face the challenge of balancing between sustainability principles and sustainability objectives on one side and the actions and investments on another side. This seeks to get wind that we get maximum sustainability returns from potential investments. In addition, we can ascertain that being dependent on the importance of sustainabilit y to the future business endeavours, the management faces a challenge of aligning the organisations sustainability practices with the principles of the company. As such, the management faces specific challenges of recruiting effective employees and personnel with the necessary skills to pursue the sustainability objectives as well as the challenge of make tradeoffs in other business areas. At the same time, sustainability faces a challenge of securing employee buy-in to business model changes (Deloitte 2010, p. 2-9). most

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