Question

480 MGT Case Analysis Report Polaris – Part 3

Social concern over climate change and global warming has brought much pressure on business to be more mindful of its impact on the natural environment. Propose a stakeholder engagement plan that would allow Polaris Industries to address the social concerns over global warming and further build its competitive advantage.

Write your proposal in a 1-2-page memo. Construct your answer by using the theoretical frameworks of stakeholder management and corporate social responsibility and information from the case.

Answer 1

Answer:

Memo

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                                                                                                                                       Company – Polaris Industries                                                                                                                                                   Date: 01/05/2019

To: ABC

From: XYZ

Subject: Social concern over climate change and global warming.

Social concern over climate change & global warming is a key concern and it had brought much pressure on business to be more mindful and ensure that their impacts on the natural environment are minimum. So this is a serious topic of climate change and global warming. Everywhere government authorities are raising concern on this topic.

We need to involve the stakeholder in this case and we need to take their inputs and guidance so that we can work forward on this subject.

The key stakeholder for the Polaris Industries are the Government factory act authorities, Pollution control board, senior management, board of directors, investors, share holders, customers, key suppliers and employees.

We need to have the pan to take their views on the Polaris Industries current environment impact status and according to their views we need to develop a plan so that we can improve upon these requirements.

Social concern over climate and global warning are the key factors and we all need to understand and act wisely so that we can manage them effectively.

We are planning to engage these key stakeholders in developing the plan so that we can take appropriate actions based on their guidance and direction for managing these potential issues at the Polaris Industries.