Wednesday, March 13, 2019
Case Study: Alcoaââ¬â¢s Core Values in Practice Essay
The Aluminum Company of the States (Alcoa) began its company in 1888 under the secern of the Pittsburg Reduction Company. In 1907, they changed their name to Alcoa and from its inception they had a very gruelling value based culture. In the very beginning of their work all employers learned everything they made and did had to be aligned with the companys values. In 1985 Fred Fetterolf then President distinct the company needed to document the values that all employees must fail by Integrity Environment Health and Safety Customer obligation Excellence People and Profitability (Lawrence & Weber, 2011 pg.119). In the 1990s Alcoas chief operating officer Paul ONeill, communicated his unswerving belief in the importance of health and safety device, which was one of the companys core values (Lawrence & Weber, pg. 119). Alcoa had an understanding in their code of practice that made sure safety was a capital concern and focus. The overall work humor would be classified as benevole nce and principle. Alcoa also had core standards for all workers and their steering believed that no employee should be forced to work in an environment where their safety or the safety of other employees might be jeopardized (Lawrence & Weber, pg. 120). The emphasis of safety had a deep and important meaning to Alcoas management team as they c bed deeply or so their employees.Most individuals already have beliefs or perceptions about what type of environment they will work in as hygienic as what type of relationship they may form with their company or employer. An organizations ethical work climate is an important factor to determine as it affects the nature of the relational contract between the individual and their employer (Barnett & Schubert, 2002 pg. 279). Alcoa had very strong core values for all its employees and each employee knew precisely that all decisions existence made would have to meet Alcoas Core Standards. This shows values of benevolence and principles, becaus e Alcoa had a huge concern for their workers. Theemployees also had a strong overlord relationship with Alcoa because they acted with integrity and followed rules and procedures according to Alcoas standards. That is why Alcoas drop dead management team treats all employees with integrity, honesty and fairness. They also play a huge region in developing the ethical work climate and organizational performance seen at Alcoa. Overall the company emphasized that the programs role and continuous ethics, must be continually reinforced by management (Lawrence & Weber, 2011 pg.120). Mr. O Neill took the interest of the companys values and safety into open and required continuous improvement as everyone strove toward an ideal goal of idol (Lawrence & Weber, 2011 pg.120).As in support, it is perfectly fine to want to strive to bring about better to have overall feature and satisfaction out of life and in your business. Alcoa has a made a commitment to improving the quality of life amo ng its employees and community as well. Overall, Alcoas ethical work climate is diverse and encourages open communication between workers, has ethical high principles and a very good work environment. Alcoas core values are held to a high standard and by setting these standards Alcoa has made a commitment to improve the moral of their company, their employees, and their consumers.REFERENCESBarnett & Schubert (2002) Perceptions of Ethical Work Climate & Covenantal Relationships. daybook of Business & Ethics. Volume 36. Number 3, page 279.Lawrence, A. T. & Weber, J. (2011). Business and society Stakeholders, ethics, reality policy (13th ed.). New York McGraw-Hill/Irwin. ISBN 978-0-07-813715-0
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