Camarama Vision, Mission, and Strategy
Camarama is owned and operated by Jennifer Hall and Mike Heggerness who took ownership of the company in 2017 when the company was five years old. Camarama, headquartered in Taiwan, manufactures and sells Action Capture cameras and Unmanned Arial View (UAV) Drones in four geographical market regions, Europe-Africa, Asia-Pacific, Latin America, and North America. Our vision is to create value for our employees, customers, and shareholders by:
• Offering our customers a quality product at a competitive price.
• Paying competitive wages and creating a positive company culture and work environment for our employees.
• Increasing return on investment and long-term profits for shareholders.
Developing a …show more content…
Many successful companies utilize what is commonly known as best business practices, many of which have clear Biblical origins (Leone, 2015). Principles like dealing fairly when you buying or selling products or services, customer service and treating one another fairly, financial principles, and protecting the earth all have foundations in the Bible. I believe that these were foundational to how we ran our business and reflect what many shareholders require from leaders and managers. “CEOs are not only expected to achieve their financial goals but to earn profits in an ethical and socially responsible manner. Shareholders are looking for corporate leaders to act as good stewards and deliver faithful results” (Leone, 2015). Leone (2015) goes on to state that Companies that consistently follow and implement these practices are achieving superior results. These were some of the core values and principles we used to build our business.
Overcoming the huge learning curve and gaining an understanding of glo-bus and the number of decisions that needed to be made encompassed much of our first year. Our company performed satisfactorily, but we wanted to do better. We were behind our competition in sales and quality of our product was questionable. Wages paid to employees were well below the average of our competitors and we
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The purpose of this paper is to show that Revelational Christian Ethics is a viable metaethical approach to Business. This ethical theory is a prescriptive and a concrete expression of objective reality. It exemplifies the core values and teachings of Jesus Christ as the foundation of morality and guiding principles for ethical conduct, treatment of others, as well corporate leadership decisions that affect the environment, community, and economics.
Operational excellence. Many industry players are facing strong competitive pressure, so cost leadership is another key to success.
2. Being a good leader- Have employees who think alike, who have similar goals and together will improve as a team and excel in the organisations plans.
“Business ethics is the application of general ethical ideas to business behavior” (Lawrence & Weber, 2017, p. 94) and it’s through these ideas that good, bad, moral, and immoral decisions are made based on the foundation and framework of how we view life. For this reason, our moral compass when based on a biblical worldview should influence how we approach making decisions as it pertains to business ethics (Porter,2013).
It means maintaining core values, tackling each challenge calmly, and looking after your physical, emotional, mental and spiritual welfare. It means being fully present when handling difficult situations but not being fully absorbed in the day-to-day pressures” (Shaw, 2012, pg.64). This significant maintenance of Christian core values and beliefs will unquestionably enable a leader’s Christian faith to give him a sheltered perspective about what is important when addressing changing and complicated issues. I want to explain to AMC leaders that there are many significant biblical and strategic principles that make leadership a success in any marketplace. I will only list seven of them. They are: spirituality, resilience, communications, universal heart, transforming risks into opportunities, due diligence process, and working hard with
Providing employees with job security through a strong salary is the first step. Secondly, provide employees with health insurance
According to Duzer (2012), In pursuit of God’s purpose, people need to understand the ethical limitations embedded naturally in design of the God’s creation. It is not enough too simply align our businesses purposes with God earthly design, without limitation we still fall short of Gods expectations. God’s creation purpose for business includes businesses that serve the community in a positive way that strides to serve all citizens according to God’s plan. For example, a business might be able to produce more goods and services that would enable the community to flourish. It might create more vocationally rich jobs for its employees by disregarding its duty to provide return to its shareholders (Duzer,
The book, “Business for the Glory of God”, By Wayne Grudem, is a book that gives insight to how business as a whole can be a blessing to the world. God gave His people abilities to conduct business in order to glorify Him. Grudem explains that business and the attributes of business are “fundamentally good” and provides many opportunities for glorifying God, but also many temptations to sin. He gives a biblical and moral standing point
Through these nine key concepts, Dr. Grudem illustrates how a variety of business techniques, when implemented in a Godly manner, allow those to pose certain characteristics of God. Grudem isn’t naïve, though. He does, after all, explain that in every aspect of business there are multiple layers of opportunities to give glory to God, as well as multiple temptations to sin (Grudem, 2003, p. 17). He is also aware about the easy ways these activities can be perverted and used as a means to sin ("Business for the," 2003). This book is tailored to echo God’s glory in relation to correlation with employees, co-workers, customers, and other businesses involved in the business unity. Furthermore, it does not only promote a positive impact within the business realm, but also in the personal realm of one’s life in business.
Alexander Hill’s Christian Ethics for the Marketplace in my view point focuses on ethics as it relates to business which also includes the Christian element. Hill outlines the scripturally grounded ethical structure of holiness, justice, and love for business practices. Hill also connects his Christian ethic to the dominant methods of ethical practice in the world of business. Lastly, Hill uses the analysis of case studies in lieu of his proposed Christian ethic. Although questions in regards to ethical behaviors remain conclusively unanswered, several find ethical structure valuable when dealing with difficult situations.
Culture and Employee skills: Deep rooted quality consciousness and team spirit. Highly skilled staff and high morale. Good labor elation with effective policies leading to high level of empowerment.
Biblical entrepreneurship, as defined by Tsague in Biblical Principles for Starting & Operating a Business, is a Biblically based process of identifying opportunities, taking calculated risks, solving problems, and exercising business stewardship for profit (Tsague, 2006, pg.18). The text gives many principles that are crucial to doing business successfully from God’s perspective. The following twelve principles show how Biblical entrepreneurship relates to a Christian worldview. “God has given each of us talents in
Promotion, training, above-average pay, a generous store bonus system, and the personal well-being are good approach for a company which wants to enlarge the
Olympus Corporation is an international manufacturer, headquartered in Japan, specialising in camera & audio, medical, scientific and industrial businesses . The founding spirit of Olympus was “the dream of producing high-quality Japanese-made microscopes” used in diverse areas. Through its development, in 1994, Olympus launched a management campaign called “Social IN” comprising three main concepts: INtegrity, INnnovation and INvolvement. This philosophy was then the centred spirit of the company where the firm stressed the important relationship between the society and itself. In other word, Olympus values the society as a whole as one of the major stakeholders of the organisation. It aims to maintain a positive corporate image to the public in order to gain reputations and sales. As a result, Olympus is a leading corporation in the industry with “roughly 70% share of the global market whose estimated value is US$2.5 billion” .
Training & Development: Your employees are your greatest asset. Continual development of your team is important, whether succession planning or planning for growth. Use your people management strategy to identify high potential leaders and employees identifying training opportunities to enhance their performance. You should also incorporate annual compliance training, tuition reimbursement options, and a company reading list.