Strategic Management Class: Corporate Social Responsibility and Value What are the problems and challenges with creating value in the supply chain?

Supply chain managers face a number of challenges as they strive to create value in the chain they manage. Increasing challenges have hampered ways of creating and maintaining efficient and effective supply chain activities. Cost control occurs as a prominent challenge for most businesses. The escalating operational costs fueled by the rising freight/energy costs, increasing labor rates, and rising commodity prices have made created a major hurdle in the supply chain. Planning and risk management also occur as a challenge in creating value in the supply chain. Redesigns and periodic assessments of risk factors are essential for staying productive and efficient in the business. Creating value implies that customers should be satisfied right from the timing, quantity, and quality of goods and services provided. However, fulfilling the aspects mentioned above may prove difficult for businesses.

What are the ways in which creating shared value can be conceived?

Creating shared value can be conceived through reexamination of energy use and logistics. Reexamination of the processes, supply chains, buildings, transportation, and other support services triggers the aspect of the shared value. As a result, it becomes necessary to facilitate striking improvements in energy utilization through recycling and the use of technology. Resource use also heightens creating shared value. Various opportunities are available and can be applied to all resources in terms of technological advancement and environmental awareness initiatives....

This extends to include the concept of recycling.
What other examples outsider of the Case can you find and how are these companies carrying out "shared value"?

Creating shared value in businesses stimulates the guiding principles for social and authentic engagement. As a result, creating shared value yields in facilitating corporate competitiveness for businesses. In this section, we engage a case study of Toyota Motor Company that targets "zero emissions mobility." The target comes out as a pioneering innovation for the company to offer consumers energy efficient vehicles. The company manufacturing teams have engaged in these efforts and, as a result, there are a number of energy-efficient Toyota brands available in the market. Another case for the "shared value" aspect is the Unilever Company. The company has delved in driving awareness linking good health with the act of washing hand with soap. In this case, the Lifebuoy brand gets marketing from the informative section driven by Unilever.

How does the Value-Concept invite corporations to perceive problems in the value chain?

Companies all over the world have adopted various statements of corporate values. As a result, senior executives in firms have set critical aspects of the businesses such as ethical behavior, integrity, and honesty. The value concept has enabled top company executives to identify possible challenges in the value chain. This has empowered them with the ability to use their ideas to their advantage. The emphasis on the value concept has enabled companies survive extinction from the market. A case example is the Xerox Company that has revived its performance in the recent…