Introduction I like to introduce one of the most amazing company in Michigan perhaps, in the United States. The company is Quicken Loans, with locations in Arizona, North Carolina, Ohio, and Detroit, Michigan, where home base is. Dan Gilbert, Founder and Chairman of Quicken Loans proudly states that “Fulfilling a promise we made to the community and ourselves, in an AMAZING feat of willpower, determination and muscle, Quicken Loans has made Detroit its home. With passionate team members crawling all over the downtown area, and even more to join in the future, we are dedicated to revitalizing the city.” Gilbert goes on to say “This is no longer a hope or a dream.” It is real, and it is now emanating from the passionate, driven and collaborative people and their energetic companies, who are flocking to WEBward Avenue to help create it.” (Dan Gilbert, Founder and Chairman of Quicken Loans). “This is the company I chose to present my research on corporate social responsibility.”
“Quicken Loans Mission Statement According to Dan Gilbert, the mission at Quicken Loans, “we’re on a never-ending quest to find a better way for everything we do, everything we touch and everything we see. We don’t settle for less because it’s not in our DNA to accept anything less than amazing. It’s a key priority – an obsession. That’s why we created our ever-expanding set of ISMs, which are our foundation and the philosophy we live by. They’re who we are, more than what we do. (Gilbert)
Fred Meyers is a department store that created many ideas and store philosophies that became the standard in the department store industry. Creating such a things as self serve pharmacy and rooftop parking Fred Meyers has always been a novelty. Started by Fred G. Meyer originally a man on horseback selling coffee to lumberjacks and later making $3.72 billion in a year (1996) with more than 130 stores. Fred Meyers is based in the pacific northwest having many stores in Oregon, Washington, and Idaho. Fred G. Meyer came from a family of grocers and created a groundbreaking concept that gets the customer more for less.
Paychex, Inc. is a top provider of payroll, human services, retirement, and insurance services. Paychex outsources their services to small and medium-sized businesses. They are headquartered in Rochester, New York, but they have more than one hundred offices and hundreds of thousands of clients nationwide. Paychex’s mission statement is “We will be the leading provider of payroll, human resource, and employee benefit services by being an essential partner with America’s businesses” (“Paychex, Inc.,” n.d.). The company was founded in 1971 and opened with $3,000.00 and a great idea. Paychex has a tradition of a commitment to success and a record of achievement. Their goal is to empower business owners to focus on the growth of their business. Paychex offers payroll and benefit services to their clients so they can focus on running their business (“About Paycheck.,” n.d.).
Target Corporation’s mission statement is to make their company the most sought after shopping destination by delivering a great guest experience with the most innovated technologies and quality merchandise. Target is the second largest general merchandise retailer in America. Target was founded by George Draper Dayton, in 1902, with the name Goodfellow Dry Goods. In 1903, Mr. Dayton changed the name to The Dayton Compay. Furthermore, the first Target store opened in 1962 in the Minneapolis, Minnesota which became the main headquarters. It grew to be the largest division of the Dayton-Hudson Corporation and was subsequently renamed the Target Corporation in 2000. Target anticipates staying ahead by challenging the company to be the most efficient and intellectual upscale company in the retail industry (Target Corporation, 2016).
Verizon Wireless, officially incorporated as Verizon Communications Inc., is a company that provides communication, information, and entertainment products and services. Its consumer base consists of the general public, as well as businesses and governments. Its business operations can be divided into parts, which are Verizon Wireless and Wireline, though Verizon doesn't advertise its Wireline business by name. Instead, Wireline is advertised to the public as part of Verizon Wireless' services. Some of the services that they provide are phone equipment sales, wireless voice and data services, broadband internet access, network access, internet protocol network services, and various on-demand video streaming. Now providing services in over
Barnes & Noble was created by Charles Barnes and opened the first store in 1917 in New York City. Barnes & Noble is the largest retail bookseller and a leading retailer of digital media and educational products. The company operates 640 bookstores in 50 states. Barnes & Noble’s mission statement is to “operate the best omni-channel specialty retail business in America, helping both our customers and booksellers reach their aspirations, while being a credit to the communities we serve (Booksellers, 2012).
The Wells Fargo mission statement is merely “Our product is service. Our value added is financial advice and guidance. Our competitive advantage is our people”. But what does that really mean and how does Wells Fargo exemplify that statement? Surprisingly, I was only able to find the mission statement on the Wells Fargo website as a footnote to the “Our Future” section of their “Vision and Values.”
“The mission of University of Maryland University College (UMUC) is to offer top-quality educational opportunities to adult students in Maryland, the nation, and the world, setting the global standard of excellence in adult education. By offering academic programs that are respected, affordable and accessible technologically and through a variety of face-to-face formats, UMUC broadens the range of career opportunities available to students, improves their lives, and maximizes their economic and intellectual contributions to Maryland, the nation, and the world.”
The course of action that both Shaw and Middleburg surmise is that they would need to develop internal practices and services that envelop a strategy in which the firm could be held accountable to the stakeholders in meeting organizational financial objectives, and being socially and environmentally responsible. The background and history of these individuals ripped a page out of the AIESEC doctrine that leaned strongly towards being socially responsible practicing sustainability that led to” meeting the needs of the present generation without compromising the ability of the future generations to meet their needs” was a far departure from the common practices of large global organizations but targeted to be the desired state of PwC (Jick & Peiperl, p. 465). With the support from Keith Bell, the duo’s manager, together their zeal and tenacity about spreading the gospel of the “NewCo Values” garnered them an audience with Ian Brindle which led to starting the
When Verizon Wireless was formed in 2000, our CEO, Dennis Strigl, meticulously created a mission statement that not only described the reason for our company’s existence, but also clearly defined our organizational values, desired culture, and governs how we should interact with customers, competitors, suppliers, our community, and our team members (Verizon (USA), n.d.). As a result, our mission statement/credo is deeply interwoven in the Systems and Structure of our organization. Potential new hires are required to read our mission statement/credo and are asked several questions related to our credo to assess their alignment with our core values and culture. Furthermore, we regularly assess the alignment of all employees with our credo as
“Rite Aid Corp. owns and manages retail drug stores. It operates through the Retail Pharmacy and Pharmacy Services segments. The Retail Pharmacy segment includes branded and generic prescription drugs, health and beauty aids, personal care products, and walk-in retail clinics. The Pharmacy Services segment offers transparent and traditional pharmacy benefit management for insurance companies, employers, health plans, and government employee groups” (Forbes Global 2000 List, 2000). The company was founded by Alex Grass in September 1962 and is headquartered in Camp Hill, PA. According to Gale (2018), Rite-Aids mission is to “improve the health and wellness of our communities through engaging experiences that provide our customers with the best
The City of Detroit, Michigan filed for Chapter 9 Bankruptcy in July 2013, becoming the largest U.S. municipality to do so in U.S. history (Stone et al 2015). The state of Michigan does not allow a municipality to file for Chapter 9 of bankruptcy “until after the state has first intervened and appointed an emergency manager” (Skeel 2013, p.1065). In terms of the financial history of Detroit, “whereas some municipal bankruptcies can be traced to one primary cause, the factors that led Detroit’s bankruptcy are multiple and cumulative”( Stone et al 2015, p.91). Despite this, the cause for implementing a fiscal control board like the one in Washington D.C. and Puerto Rico is the same for Detroit: the city lost the ability to meet
The four perspectives in a balanced scorecard are, financial perspective, internal business process perspective, customer perspective, and learning and growth perspective. In the financial perspective area of Quicken Loans starts with them being a for-profit organization. In the financial perspective one of the main interests is shareholders interest. When looking at the shareholder’s interest there are two different categories they look at, revenue growth and productivity objective. To grow revenue of Quicken Loans they would have to work on developing new revenue sources by tapping into different markets. Along with that they should also be improving current profitability by increasing their profits from their current clients. On the other side, there is productivity objectives which are completed by the employees. This area of the financial perspective focuses on decreasing costs and resource optimization.
I interviewed Mrs. Peggy Curry. She is a department manager of TD funding services Inc., and she is been running on this bank for 10 years. The interview took place on Friday Nov. 11, 2016 in her workplace at TD funding services Inc. located at ( 496 Edinburgh road South, Guelph, Ontario, N1G 4Z1), and that I select this bank due to the fact Named one of the “top 50 Social responsible businesses in Canada” for the fourth consecutive year through MacLean’s magazine, Named one of the “high-quality 50 company residents in Canada” by corporate Knights, and I pick out this person due to the fact she is the branch manager of this bank and she knows plenty about this profession or industry, beside that she is a good friend of mine.
I choose Morgan Stanley for this Mission statement assign, and the answer of “Did I found mission statement on their web site” is no, as the statement shows on http://www.missionstatements.com/investment_services_management_mission_statements.html as “Morgan Stanley's mission is to provide our clients with the finest financial thinking, products and execution. This means setting the highest standards for behaviors that embody our business principles.” But I found their web site as "At Morgan Stanley, diversity is an opportunity – for clients, employees and Firm. By valuing diverse perspectives, we can better serve our clients while we help employees achieve their professional objectives. A corporate culture that is open and inclusive is fundamental
Ben Cohen,one of the builders of Ben & Jerry’s , proposes that it is unsubstantial for Ben & Jerry’s to merely do a business just like other companies, and it should make philanthropic contribution to society as well. This mind comes to be practical and when it comes to Corporate Social Responsibility (CSR), Ben & Jerry’s become prominent example (Dennis et al, 1998).