Kirk was assigned the job of Assistant Controller.
The issue was raised in the monthly financial
statement summary.
The assistant controller was having the positive
view for the session but the scenario changed when the discussion started on the new manufacturing plant.
Issues in the manufacturing
plant
The company was facing the issue of
managing the hazardous chemical wastages that the company generates while manufacturing various products.
Bob and John tried to develop a concept
of ultramodern waste management in their new manufacturing plant (in order to meet the industrial standards).
Issues in the manufacturing
plant
The estimated cost was increasing per unit
was increasing if they were practicing this type of waste management practices.
They were facing the issues from the industrial
standard norms on a continuous basis.
They were avoiding it because the peers too
were lowering the costs by not practicing the proper waste management norms.
Major stakeholders
Society and communities
Workers
Employees
Suppliers
Customers
Possible alternative for the
problem
They must not be a selfish business
mind i.e., they must not think that: Following
the norms increases their costing
and decreases their margin. If others (peers) are not following than why should they follow.
Ethics of the alternative
Work towards CSR
Practical Constraints
What action should be
taken:
They must be thinking about the future
scope of the company that if non of the player in industry is having this facility they must an advantage of it. Instead of comparing with peers and instead of narrow decision making they should think broadly for company as whole not as an individual.