Ethics and Creating a Mission Statement
Ethics and Creatin" rel="nofollow">ing a Mission Statement
Description
The next phase of your strategic management plan will require you to research Monsanto's company's history and existin" rel="nofollow">ing strategic goals. Before we can make major improvements to the busin" rel="nofollow">iness, we first have to understand where they came from and what they're currently tryin" rel="nofollow">ing to accomplish. Use reliable busin" rel="nofollow">iness sources, the company website, and any traditional appropriate sources to gather as much background in" rel="nofollow">information that you can.
Addresses the followin" rel="nofollow">ing on the Monsanto Company:
Detail the history of the busin" rel="nofollow">iness. Explain" rel="nofollow">in how they got their start but focus mostly on how their busin" rel="nofollow">iness has changed over the last 15 years. Provide a picture of how they adapt to change and any major obstacles that they've had to overcome.
Include some in" rel="nofollow">information on the top executives at the company and the role that they've played in" rel="nofollow">in those last 15 years.
Provide the company's existin" rel="nofollow">ing mission statement and code of ethics. In what way do they articulate their ethical practices through policies and public outreach and why is this important?
Identify two areas of concern ethically and explain" rel="nofollow">in those choices. Make sure to discuss why you feel that are areas of ethical concern. Thin" rel="nofollow">ink critically about where your chosen company has the potential for ethical dilemmas. For example, an accountin" rel="nofollow">ing firm would be concerned with fraud.
Rewrite your company's mission statement. The idea is to provide clarity and set the new strategic direction that you thin" rel="nofollow">ink the company should be movin" rel="nofollow">ing towards. Include a paragraph explain" rel="nofollow">inin" rel="nofollow">ing the changes that you've made and why.