Organizational Cultural Audit and Gap Analysis Essay - 1

Organizational Cultural Audit and Gap Analysis - Essay Example On the other hand, internal and external factors within the Corporation have had a significant role to play in the development and economic prosperity of McDonald Corporation. Some of the macro-environment factors that affect the performance of McDonald include legal policy frameworks enacted by the relevant authority. In this respect, the success of the organization will be influenced by these legal policies and regulations enacted to regulate and control the operations of an organization. Legal policies are aimed at monitoring the operation of the organization and ensuring that the organization complies with the taxation policy other than other business regulatory frameworks. Internally, the operations of McDonald is influenced by its ability to have full control over the internal affairs such as managing the cultural diversity, ethical considerations, resource management, and serving the interests of the stakeholders. Stakeholders are the engine of the corporation therefore, there needs and demands must be met by the organization in order for the organization to succeed. Although these demands are very diverse, all the leading stakeholders have a role to play in the corporation, an indication that their specifications must be met however conflicting these needs may be. Stakeholders and the Business Organization In this global era of the 21st century, business organizations sector has undergone a transformation in order to breakthrough because of the stiff nature of competition brought about by globalization and economic liberalization. Globalization and free trade has opened up boundaries for international trade and exchange of good and services. Besides, the concept of free trade and globalization is important for growth and development of industries through mobility of essential factors of production including labor and capital (Spitzer, 2012). Through the global economic liberalization, the quality of good and services produces in the economy has signific antly improved in order to increase the competitiveness of these products. However, the success of an organization heavily depend on how the resources at the disposal of the organization and managed. Not only the management that are at the helm of the success but all the stakeholders to the organization. The stakeholders of an organization that have a role to play in the organization include managers, customers and consumers, owners, and the community (Carroll, & Buchholtz, 2010). Therefore, the varied difference in the demands and expectation of these groups must be fulfilled by the organization. This is because all the stakeholders of the organization have a role to play for the success of the organization. Besides, all the stakeholders of a firm must draw benefits from the organization for pledging their loyalty and service. For instance, shareholders and firm owners benefits from their investment into the organization through wealth maximization, while customers are paid for loy alty through quality and affordable products. Therefore, the success of the business organization depends on the ability of the organization to satisfactorily meet the needs and expectation of the key stakeholders. Corporate Social Responsibility The future of an organization goes beyond the capacity of the organization to meet the demands of its stakeholders with direct involvement