Answer ls week 6 Essay Example | Topics and Well Written Essays - 1250 words

Answer ls week 6 - Essay Example The stakeholders need to be taken by the management as the principal assets of the organization. Therefore, managers in making decisions need to involve and take into account the interest of all the stakeholders in a given organization. The stakeholders of a given organization in most cases are taken to include the community, employees, suppliers and customers as well the potential investors and shareholders (Cots 2011). Hence, the responsibility of managers in a company is to serve the interests of all its stakeholders, which in most instances is called â€Å"stakeholder management†, which is commonly negated with the principle form of corporate governance, whereby the stakeholder interests are principal. Therefore, it is within the ethics of management to treat the interests of the stakeholders equally without favoring a given stakeholder. This implies that the stakeholder management has the ethical responsibility of serving all the interest of the stakeholders present for-p rofit corporations, which will not conflict with the present system of corporate governance (Parmar, B.L. et al. 2010). The stakeholder management must assume that management decision-making is the primary means by which the benefits of corporate wealth creation are given to the stakeholders , however , these accrued benefits might be also be obtained by other categories that interact with the corporation in many other ways, which in most cases is through the market (Cots 2011). As a result, it will be worth mentioning that management will unethically be acting by failing to serve the interests of the organization’s stakeholders who are involved in day-to-day creation of wealth. In addition, stakeholder management in an organization is right; nevertheless, to put emphasis on the moral/ethical aspect that every stakeholder group must benefit from corporate activity is paramount. This also makes managers to be aware of their moral responsibility to develop wealth that will even tually benefit all the stakeholders groups Question Two The idea of authenticity has become primary aspect in management among the large organizations that need to promote workplace conditions significantly. I believe am an authentic leader because, authentic leadership entails leaders creating opportunities and strategies that will promote a common good for all the members of the organization. This means that as an authentic leader am able to inspire all the company’s stakeholders by serving their interests as well as that of the company. Since am an authentic leader I have transformed my organization to greater heights of success (Cots 2011). By employing my authentic leadership standards and principles to the element of diversity work, as a leader I have been able to acquire understanding and support for the work, find out the conflict between organizational and individual behaviors and principles, which serve as barriers, and create significant relationships for organizat ional growth – all planned to intensify responsiveness and understanding and responsiveness for the value diversity has on organizational existence (Parmar, B.L. et al. 2010). Being an authentic leader, who can dig beneath the surface by discovering my purpose, principles, morals, and how I build relationships, has enabled me to lay a foundation for a greater obligation to organizational growth. That is so since attention is paid to values, purpose, and relationships, how we reason regarding and acts upon, whereby these aspects will engage individuals, not only with their minds

Assignment2 person2 Assignment Example | Topics and Well Written Essays - 2000 words

Assignment2 person2 - Assignment Example The above agencies are assisted by the Association des Hoteliers et Restaurateurs de li’lle Maurice, which is a non profitable organization established in 1973 to represent and sponsor the interests of hoteliers and restaurant owners (International Travel and Tourism, 2012). Various natural attractions form the pride of Mauritius tourist business. They vary from man-made features, beaches, interesting fauna and flora, to the culture of the indigenous people. The sub – tropical climate is also exceptionally fine for holiday seekers. Five star beach resorts and hotels that offer top class accommodation services to visitors facilitate these attractions. The hotels and resorts are renowned for being among the best in the world in reliability (Reid & Bojanic 2006, p. 209 Mauritius has taken approximately 30 years to develop from a low-income country to a medium income country. The country started with an economy that heavily relied on agriculture but currently, the economy r elies on several strong sectors. The economy was dependent on agricultural products such as sugar and textile products. A decline in the world sugar market and the dwindling textile industry prompted the government to explore other avenues including the expansion of the tourism industry. ... Statistics from the International Travel and Tourism organization (2012) indicate that Mauritius received 18,000 visitors in the year 1970. The figure has then risen to 103,000 in the year 1977 and subsequently to an approximate figure of 656,450 visitors in the year 2000. Most of the tourists visiting Mauritius come from European countries. However due to the economic downturn experienced in 2011 especially in Europe, the government was forced to act by searching for alternative markets. Statistics from the International Travel and Tourism (2012) also indicated that Mauritius received 964,642 tourists in the year 2011 that was low compared to 965,642 visitors in the year 2012. In the year 2012, the market was slightly improving. The first course of action that the government took in 2011 was to provide direct fights to Africa and Asia. The two regions boosted the country at a time when travelers from the other regions were adversely affected by the global economic crisis. The Maurit ius government has been busy developing new strategies to compete in the tourism market. This includes the recent action plan dubbed the â€Å"opening of the sky†, which is aimed at improving the local tourism industry. The strategy puts emphasis on the development of new markets. To get new markets, the government will have to forge relationships with new countries and market their products in the new countries i.e. new countries represent potential markets. The authorities will also have to seek new client profiles (Mehta, Rosenbloom & Anderson 2000, p. 77). Future of Tourism in Mauritius The government has also put emphasis on the construction of new facilities such as hotels to accommodate the increasing