enhancing management systems (1)
TRANSCRIPT
-
8/8/2019 Enhancing Management Systems (1)
1/21
ENHANCING MANAGEMENT
SYSTEMSReorientation of company practices, systems and policies
towards sustainable development
-
8/8/2019 Enhancing Management Systems (1)
2/21
Areas of concern
Improvement in reporting practices
Accountability to non traditional stakeholders
Decision making and governance
MIS and control systems
-
8/8/2019 Enhancing Management Systems (1)
3/21
STEPS FOR MANAGING
SUSTAINABLE DEVELOPMENT Stakeholder analysis
Set sustainable objectives and policies
Work out an implementation plan Develop a supportive corporate culture
Develop measures and standards ofperformance
Prepare reports
Enhance internal monitoring
-
8/8/2019 Enhancing Management Systems (1)
4/21
SD Policy of Tinplate company of India
Division of Tata Group
-
8/8/2019 Enhancing Management Systems (1)
5/21
STEPS FOR MANAGING SUSTAINABLE
DEVELOPMENT Stakeholder analysis
Set sustainable objectives and policies
Work out an implementation plan Develop a supportive corporate culture
Develop measures and standards ofperformance
Prepare reports
Enhance internal monitoring
-
8/8/2019 Enhancing Management Systems (1)
6/21
Organization Stakeholders
6
Society
Employees
Government
Customers
Community
Suppliers
Owners
Special
Interest
Groups
Business
Organization
-
8/8/2019 Enhancing Management Systems (1)
7/21
STEPS FOR MANAGING SUSTAINABLE
DEVELOPMENT Stakeholder analysis
Set sustainable objectives and policies
Work out an implementation plan Develop a supportive corporate culture
Develop measures and standards ofperformance
Prepare reports
Enhance internal monitoring
-
8/8/2019 Enhancing Management Systems (1)
8/21
Example: TCIL
-
8/8/2019 Enhancing Management Systems (1)
9/21
STEPS FOR MANAGING SUSTAINABLE
DEVELOPMENT Stakeholder analysis
Set sustainable objectives and policies
Work out an implementation plan Develop a supportive corporate culture
Develop measures and standards ofperformance
Prepare reports
Enhance internal monitoring
-
8/8/2019 Enhancing Management Systems (1)
10/21
Implementation Plan
3-5 year plans
Modifications in day-to day activities
Organization structural changes
Cultural changes
Business planning process modified to reflectsustainable development
Production process and operating procedures inline with regulations and standards
Financial planning for all the changes
-
8/8/2019 Enhancing Management Systems (1)
11/21
Eg: How to achieve sustainable
outputs?Under traditional economic
theories, the MB is equated to
MC and a profitable level of
output along with pollution is
produced.
Sustainable economics demands
that the production takes into
account the Marginal damages
caused by the company to
various associated groups.
In this graph, SMC is the Social
marginal Cost that takes into
account the Marginal Damage by
2 affected partied (MD1 and
MD2)
-
8/8/2019 Enhancing Management Systems (1)
12/21
Mission : Service customer requirements of greenpackaging by offering reliable, cost-effective & value
added tin mill products.
Strategic Goals : Create and enhance value for thestakeholders through Growth and competitiveness.
Reach status of supplier of choice for tin mill products inAsia.
Establish as an exemplar in corporate sustainability.
Create an exciting and safe work place for our employees.
-
8/8/2019 Enhancing Management Systems (1)
13/21
STEPS FOR MANAGING SUSTAINABLE
DEVELOPMENT
Stakeholder analysis
Set sustainable objectives and policies
Work out an implementation plan Develop a supportive corporate culture
Develop measures and standards ofperformance
Prepare reports
Enhance internal monitoring
-
8/8/2019 Enhancing Management Systems (1)
14/21
Supportive Corporate Culture
Sustainability has been defined as an economic
state where the demands placed upon the
environment by people and commerce can be
met without reducing the capacity of the
environment to provide for future generations.
The fundamental need in Canadian corporations
is the promotion of environmental consciousnessthroughout the whole organization, from senior
management down to the plant floor.
-
8/8/2019 Enhancing Management Systems (1)
15/21
Essential Steps in Sustainability
Planning
-
8/8/2019 Enhancing Management Systems (1)
16/21
Essential Steps in Sustainability
Planning Strategy Determines the organizations direction through goals, objectives, values and/or
missions. The strategy defines the criteria for selecting an organizational structure and helps
guide decision-making.
E.g. Mission and vision statements
People Influence and build the organizations human resources through recruitment,promotion, rotation, training and development.
E.g. Providing sustainability training to employees.
Structure Determines where decision-making authority lies within the organization.
E.g. Creating an executive position with responsibility for CSR
Processes The horizontal and vertical flow of information across the organizations structure.
Processes define how things function in the context of a particular structure.
E.g. Collecting and reporting data on sustainability performance
Rewards Influence the motivation of organization members to align employees goals with
those of the organization.
E.g. Incorporating sustainability into financial and non-financial rewards programs
-
8/8/2019 Enhancing Management Systems (1)
17/21
STEPS FOR MANAGING SUSTAINABLE
DEVELOPMENT
Stakeholder analysis
Set sustainable objectives and policies
Work out an implementation plan Develop a supportive corporate culture
Develop measures and standards ofperformance
Prepare reports
Enhance internal monitoring
-
8/8/2019 Enhancing Management Systems (1)
18/21
INTERNAL REPORTING FOR TCIL
(Tinplate company of India Limited)
Corporate Sustainability Report 2008-2009
Vision & Strategy
Organization Profile
Governance structure & Management system
Economic performance
Environmental Performance Social Performance
-
8/8/2019 Enhancing Management Systems (1)
19/21
Enhancing Internal Monitoring
Performing Internal audits.
Monitoring
Internal Quality auditing
External quality Auditing
External Moderation
-
8/8/2019 Enhancing Management Systems (1)
20/21
Monitoring By TCIL
Some monitoring methods are listed below:
Research that feeds back into modes of delivery,programme development and delivery practices
Continuous assessment of learners which gives learners
useful feedback on progress Review processes which examine variables which could
bring about improvements
Identifying the variables that ensures high levels ofachievements and achievement results
Peer reviews, and Self-evaluation
-
8/8/2019 Enhancing Management Systems (1)
21/21
Recognition for TCIL