According to the Supply Chain Act companies must ensure that human rights are respected in their supply chains, i.e. that no children work or forced labour takes place. This is about compliance with basic human rights standards. The aim is to improve the protection of human rights as there are 152 million child labourers worldwide,… Continue reading The Supply Chain Act in Germany
Supply chain, even on a global scale, is often complex and mostly lacks transparency. This is why it is the responsibility of any business to work extra hard to ensure that they move towards achieving or, better still, improving their social responsibility (ESG factors: Environment, Social and Governance). Furthermore, many businesses infinitely believe that things… Continue reading Why You’re Responsible for the Supply Chain
Disasters always come without warning, meaning lack of preparedness can have devastating results to businesses. The only way that a business can ensure preparedness for disasters is through a business continuity management programme. Barclay Simpsons describes Business Continuity Management (BCM) as a holistic management process that helps an organisation identify potential threats and the possible… Continue reading Understanding Business Continuity Management
Corporate Responsibility is becoming ever more important in these challenging economic times. Real prosperity requires a combination of economic development with social generosity and demands a new approach towards social and managerial engagement. Mergers & acquisitions are typically complex in nature and have to be seen from a wider perspective that takes into account not… Continue reading Synergies and Impact of Mergers & Acquisitions
The question we are addressing in this article is: Did the companies that have included sustainability and corporate responsibility in their strategies, acted fair und provided help during Corona (COVID-19). We are looking at the strategies of the companies and are providing examples of actions implemented in certain industries. Did they act responsibly or did… Continue reading Sustainability and COVID-19: A disconnect?
The term glocal, used to describe global and local actions together, is used in several ways by business today. Many people supporting the local movement, such as local food advocates and those proposing ways to use local business for community building, suggest that some business activities should always consider transportation to the end market, including… Continue reading Managing the global and local supply chain