The CSR of the Whirlpool Corporation will be discussed in detail, examining its charitable work, its commitment to workplace diversity, and its ongoing search for new environmentally friendly methods of production. Philanthropy A contributor to Whirlpool’s CSR, is the charity work they are involved in. The Whirlpool Corporation has been involved with leading charitable organizations. The two charitable organizations Whirlpool is affiliated with, that will be discussed further, are the Boys & Girls Clubs and Habitat for Humanity. Boys & Girls Clubs According to the Boys & Girls Clubs (n.d.), Whirlpool has been involved in their annual golf tournament held in Palm Beach, Florida. The proceeds from this charity golf match go to the underprivileged youths in the Boys & Girls Clubs. The event also includes a silent auction. The Whirlpool Corporation donates various high quality home appliances for people to bid on, and larger products as prizes for the winners of the golf match. Whirlpool used its size and presence in our culture to spread the word about the Boys & Girls Clubs golf tournament. The tournament was a complete success for everyone involved, earning approximately $230,000. This money will go to the facilitation and continuation of the Boys & Girls Clubs and the events they host and sponsor (Boys & Girls Clubs, n.d.). Habitat for Humanity The Whirlpool Corporation is a longtime supporter of Habitat for Humanity. Habitat for Humanity (April 1, 2014),
It is unknown when the game of golf originated, but it is believed that people began playing in Europe during the middle ages. In the United States, golf was a sport primarily played by the wealthy individuals until tournaments began being televised. Since then, golf has grown to be a very lucrative industry with over 27 million golfers nationwide by the end of the 1990’s. “Competition in the Golf Equipment Industry,” a case study written by John E. Gamble of the University of South Alabama, is an overview of the problems currently facing major companies in the golf equipment industry: technological limitations (due to golf’s governing organizations), a decline in the number of golfers,
the clubs and built them into significant organizations, raising money through a variety of events and
The evolving practices around corporate social responsibility (CSR) provide dynamic, and complex opportunities for business. Overall, businesses are modifying their core purpose from creating shareholder profit toward creating shared value across their stakeholders, with shareholders being only one of the many stakeholders. This paper analyzes the 74th ranked 2014 Fortune Global 500 Company Kroger. Kroger started in 1883 as a local Cincinnati, Ohio grocery store, and has expended to be the second largest retail grocery store in the United States, and fifth largest in the world, owning retail food and drug stores, jewelry stores, and convenience stores in the United States (Kroger, 2015). Kroger remains headquartered in Ohio. An overview of Kroger, and specifically Kroger’s corporate social responsibility (CSR) strategy and implementation will be discussed, followed by a strengths, weaknesses, opportunities, and threats (SWOT) CSR analysis informing a concluding plan to enhance Kroger’s CSR maturity.
Wie Company has been operating for just 2 years, producing specialty golf equipment for women golfers. To date, the company has been able to finance its successful operations with investments from its principal owner, Michelle Wie, and cash flows from operations. However, current expansion plans will require some borrowing to expand the company 's production line.
“First, I would like to start off with a brief introduction of the company that you will be helping increase sales for during this promotional time. Whirlpool Corporation was founded in 1911 in St. Joseph, Michigan. So with over 100 years of experience Whirlpool is the world’s leading global manufacturer of home appliances. Focusing on consumer needs fuels our growth and keeps us relevant in homes around the world. We exist to create purposeful innovation that keeps homes running smoothly so personal and family lives can flourish.”
King and three other female tennis players partnered together to create a company named GreenSlam in order to better the environment, “‘Ultimately, we hope to establish a Green Dream Team comprised of various global companies and launch an eco-friendly line of sporting goods equipment, apparel, shoes and accessories under the GreenSlam seal of approval’ quoted King” (Shuster). The foundation of GreenSlam triggered a push in the sports industry to advocate for environmental awareness. King is also a partner and huge supporter of the Elton John AIDS Foundation and over the years she has helped “raise more than $125 million to support the 4,000 programs that span across 55 countries around the world” (Shuster). Together King and John paired up to create Mylan World Team Tennis Smash Hits, an event where top rated tennis professionals from both men’s and women’s tennis are placed on Team Billie Jean or Team Elton. The money from the event goes towards multiple charities, “Since its start in 1993 Mylan WTT Smash Hits has raised over $14 million” (Shuster).
"Whirlpool Corporation is a global manufacturer and marketer of major home appliances, with annual sales of over
Although not all companies are successful at truly embodying what it means to be green, even companies that have been synonymous for contributing pollutants and greenhouse gasses spend millions trying to convince stakeholders that they do. It’s often these last two dimensions of CSR—social and environmental, that either embroil a corporation in controversy or allow it to serve as an exemplar in good ethical business practices.
company emphasis was on its ability to provide top quality training and service to experienced serious golfers. It
The company’s CEO and founder Ely Callaway was a golf champion himself during his twenties and was a powerful motivator defining the company’s culture
In addition to the fees paid for coaching, VSC receives operating income through different fund raising activities. The fund raising options could vary each year, but the largest event was the annual swim meet held at the VSC pool in January. At this three-day event, over 400 swimmers from the north west would compete against swimmers from 12 or more clubs. For each event that a swimmer enters, VSC receives a portion of the fee, plus proceeds from the sale of food, clothing, and the event program would be returned to the club. In 2011, I was asked to run the annual swim meet.
With the professional endorsement by these golfers, the target market was able to see the product in action and also learn how to properly use them. With practice, these average
That leaves Whitford’s to raise $600 000. Mr David Moroney the club’s treasurer says “The Club currently has an investment of $100,000, which was raised from fundraising in the early-mid 2000s, and an undrawn loan facility from Hockey WA of $200,000, both of which will be contributed to the project. Since 2014 additional funds of $60,000 have been raised from avocado sales and tax-deductible donations to the project via the Australian Sports Foundation. We are also able to provide in-kind contributions to the project through services and materials, with approximately $20,000 being accepted to date.” That leaves them approximately $220,000 to raise over the next two years from various activities, including a major fundraising gala event in 2016 as well as ongoing avocado sales and further in-kind
Corporate Social Responsibility (CSR) is something that affects all companies and should be an active factor in the company’s decision making. It is something all corporations need to care about. CSR is when business’ or corporations take part in an initiative or campaign for a cause that will benefit society and/or in some way make the world a better place (Taylor, 2015). Initially, Corporate Social Responsibility started to take shape around the 1950’s, but some say that it dates all the way back to the 1800s, the idea of CSR was seen (Carroll, 2007). One may think that because it is dated so long ago, it doesn’t have an important impact today nevertheless, it is proven that Corporate Social Responsibility is a pathway for entities to self benefit as they are in the process of benefitting society.
While Kohler is thought of as a kitchen and bath company, they have many other products and services that they offer. Most of the revenue is generated through the plumbing organization. But Kohler is also doing well in their hospitality division. In Kohler, WI they have built two golf courses - Blackwolf Run (http://www.destinationkohler.com/bwr/bwr.html) hosted the woman's PGA championship and Whistling Straits (http://www.destinationkohler.com/ws/ws.html) will be hosting the 2004 men's PGA championship. In addition, they have a five star