Enhancing Management Systems (1)

8/8/2019 Enhancing Management Systems (1)

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ENHANCING MANAGEMENT

SYSTEMSReorientation of company practices, systems and policies

towards sustainable development


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Areas of concern

Improvement in reporting practices

Accountability to non traditional stakeholders

Decision making and governance

MIS and control systems


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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


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SD Policy of Tinplate company of India

Division of Tata Group


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STEPS FOR MANAGING SUSTAINABLE

DEVELOPMENT Stakeholder analysis




Prepare reports



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Organization Stakeholders

6

Society

Employees

Government

Customers

Community

Suppliers

Owners

Special

Interest

Groups

Business

Organization


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Prepare reports



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Example: TCIL


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Prepare reports



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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


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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)


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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.


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DEVELOPMENT

Stakeholder analysis




Prepare reports



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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.


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Essential Steps in Sustainability

Planning


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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


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DEVELOPMENT

Stakeholder analysis




Prepare reports



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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


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Enhancing Internal Monitoring

Performing Internal audits.

Monitoring

Internal Quality auditing

External quality Auditing

External Moderation


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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


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Recognition for TCIL

Enhancing Management Systems (1)

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