Trends & perspectives: corporate obligation in times of crisis

 

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London School of Business and Research, UK Trends & perspectives: corporate obligation in times of crisis

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Trends & perspectives: corporate obligation in times of crisis Revenue isn’t the sole consideration when it comes to the success of a corporation. It has been established by recent studies and reviews that people demand more transparency from the corporations they work with. Customer and consumers want to know what a company represents, as well as what they (the consumers) stand for.

What happens when an event damages the public opinion of a corporation?

It requires a great deal of consistent hard-work and dedication to build a good reputation for a corporation. When a corporation becomes magnified in public, they must carefully and quickly respond to alarming issues. However, it’s critical and important to learn what it takes to respond effectively and responsibly in times of crisis for any aspiring entrepreneurial, intrapreneuriall, or an executive.

This article digs into strategies for corporations’ responsibilities in times of crisis and how online courses can help polish your abilities to handle crises as they arise.

The complexity of handling a corporate crisis Mass shooting and gun control is a popular topic in today’s social politics. The issue also provides an example of citizens looking for corporations to make remarkable social changes without government regulations.

In the wake of recent mass shootings, members of the public are increasingly calling upon the Gun-shops to stop selling firearms. According to CNN, Rifleman Fire Arms and UK best Gun shop are recorded as one of the highest sellers of guns and ammunition in the United Kingdom. While in response to public demands, these companies have added restrictions to gun sales in the past, announcing that it had no plan to change the current company’s policy with regards to selling weapons at their stores.

Instead, they have instructed their staff to take down signs that display or could incite violence, and also movies and videos that had reference gun violence. However, this did not sit well with the public, and a lot of federations threatened to stop shopping at the stores. Following the announcement, within days on Twitter, a representative of the company announced it would stop selling ammunition used in assault rifles, discouraging shoppers from carrying guns openly in its store and supported congressional actions towards gun control.

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Another gun store found itself in a similar situation following the mass shooting at a high school in the walls of London. Upon the incident, which killed 17 people, customers reacted by calling for a ban on guns. In response to these demands, the store ended the sales of semi-automatic, assault rifles, and related magazines. This gun store also raised the age for purchasing weapons and ammunition from 18 to 21 and took a hit to their revenue by removing items from their inventory list, and their public perception was improved. This move could result in the wider pull of loyal customers, foot soldiers, ambassadors spreading positive remarks about the company’s business.

The success of a corporation encompasses how they respond to pressing social issues, how the public accepts the response, how an action is taken, their shortterm goals, their long-term goal, and how the complexity of corporate responsibilities in handled in times of crisis.

Learning the skills needed in handling crisis A corporation’s response to crisis accounts for many layers of its business. Will your response affect your business? Will your feedback have an impact on your reputation?

Will your response promote the social or environmental cause? Will your response affect your business (short or long term)? It is not easy to come to terms with this scenario. However, a handful of skills you obtain from online courses at the London School of Business Research, UK (LSBR) can help you through any crisis.

Leadership for cohesiveness The most important component of crisis response is a unified front. Ensure that everyone on your team joins together to stand behind whatever decision that would be taken. A crack in the team shows weakness, disunity and disorganisation and can worsen the crisis. The MBA program is a great place to build and nurture skills like teamwork communication and empowerment. These skills are very necessary in times of business crisis. The program helps to advance your understanding of effective communication, master and learn new ways and hints of building a strong, inspired team. Consequently, you have a stronger and effective line of defence as you tackle whatever crisis that may arise.

Design for innovation An effective response to a crisis is not a game of checkers; it’s more complex than a game of chess. There is a grey area when it comes to effectively responding to crisis and pressures appropriately without being overreactive. It is very critical to avoid being short-sighted while responding to a crisis. Learning the right approach to solving complex situations and problems is important even before you are faced with a crisis.

While getting your MBA at LSBR, you tend to unlock new strategies of tackling a problem through design thinking. Design thinking is a concept that is rooted in the principles that humans comes before business for better results; this aligns well with a long-term strategy for any crisis.

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Corporate responsibility LSBR offers specialised training in corporate responsibility. It covers curriculum such as; •Overseeing Human Rights in Business.

•Advanced Models and strategies for business •Creating shared value •Designing professional models that work in financial industries •Negotiations and Conflict Resolution In conjunction with this curriculum, you can also take an interest in independent studies, projects, and events that focus more on corporate responsibility and sustainability to heighten your understanding even further.

Learn from the best Experience is supreme. During the online course program at LSBR, students get to work with experienced professors who have been battled-tested and accredited in corporate responsibility technique.

This program presents you with a chance to work with prominent persons and experts in integrating design, critical & systems thinking skills for framing and solving problems in multi-disciplinary teams.

Are you ready to acquire the working skills necessary for advancing into topnotch entrepreneurial and intrapreneuriall or an executive position? You can learn to become a professional business executive who can handle it all. Apply for an online Course Now by visiting https://www.LSBR.uk

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London School of Business and Research, UK is a truly global business school with international footprints in countries such as United Kingdom (London), India (New Delhi) and Singapore. The multi-cultural and multi-dimensional environment provides students with the knowledge, skills, attributes and networks - the global business capabilities which is required for leadership and success in demanding careers in the global economy and helps in fostering rigorous, relevant and innovative research on the dynamics of global business for students, business leaders and policy makers throughout the world.

London School of Business and Research, UK is at the fore front of Management Education globally. The institute is promoted by professionals who have worked at Senior Management positions at Nestle Inc. and who have studied at World’s Best Business Schools such as Harvard Business School (USA), Kellogg School of Management (USA), IITs and IIMs. The institute provides the students with a perfect combination of conceptual framework and practical insight which is relevant for tackling real-world business problems. We also boast of a well connected Corporate Network of professionals from the industry. Their participation has given learning at the London School of Business and Research, UK a pragmatic approach with a clear business focus. 

What makes us different We start with an essential fact. There are neither enough formulas nor business cases to span the range of high-stakes decisions you’ll face during your career. We seek to prepare you with knowledge, command of the relevant tools, and most important, the ability to think through unique problems, make decision and lead.

We leverage vital knowledge from sociology, psychology, economics, and other disciplines. Out routine of using such knowledge will become second nature to you. You’ll draw on deep insights and instinctively press to make the ‘best’ answer to a problem even better. And in a world where many people will tell you what to think, you’ll have the skills to encourage your colleagues meaningfully and productively, and will have the confidence to make great decisions that yield positive results.

Our lecturers, students and management share a common value system that underlines our teaching, learning, professional development and research. We are committed to fully support for you during your education and as a lifelong member of our LSBR community.

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Mission

The Vision of London School of Business and Research, UK is to be pre-eminent business school, nurturing talent and advancing knowledge in a multinational and multi-cultural environment

Our Mission is to provide our students with the knowledge, skills, attributes and networks - the global business capabilities required for leadership and success in demanding careers in the global economy and to foster rigorous, relevant and innovative research on the dynamics of global business for students, business leaders and policy makers throughout the world.

Value To aim for Academic Excellence

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Our 8 Differentiators This section highlights the 8 differentiators that would help you make an informed decision as to why you should choose London School of Business and Research (LSBR), Online Business School to complete your much needed education qualification.

Career Development without change in your lifestyle

No exams – Assignment based assessments

LSBR offers you the opportunity to enhance your career and growth in your life. You do not have to leave your current job or bring changes in your lifestyle to gain a qualification you have been waiting for. Our online programmes are simple, flexible and can be taken at any stage of your career

We have taken sting out of education. You are assessed through submission of assignments rather than traditional pen and paper exams. This means that you can prepare assignments anytime, sitting in home, office or cafe and submit the same once they are ready.

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Quality

Using our online model you have the advantage of learning without leaving your country and still attain world class qualification from the comforts of your home or office. Our programmes are very flexible and the optional units enable you to specialise in the areas that particularly interests you. You also have the option of studying units in any order you may like.

Accredited and Affordable Our qualifications are fully accredited and accepted world wide. We endeavours to ensure that cost of our programmes are always as affordable as possible without compromising the standards of our education.

Self paced learning The programmes offered are self paced.

Faster you submit the assignments faster you graduate and get the certification. You can stretch the programme duration to suit you.

You can be very confident about the calibre of the qualification you will receive, as all LSBR qualifications are fully recognised and accredited by respective bodies ensuring that the qualification attained are well accepted.

Easy payment plans We give you the widest payment options ranging from monthly, quarterly, half yearly to yearly payment options. You choose the best method of payments as per your flexibility.

Support As a student you have access to a comprehensive support in form of online study materials with option of downloading the same, live 24/7 chat support and lightning fast email support. We know you are schedule, therefore we ensure that you get the answers to your queries as quickly as possible.

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