How Does This Contradict The Company Values And Important To Function By?

Improved Essays
It is important to explore Hyundai values in relation to the reputational concern for discussion.

How does this contradict the company values and importance to function by?

3.1. Conformity and tradition

Hyundai put Customer First as core value because its sees itself as customer orientated. The

company believes in commitment and to exceed customers expectations. Reputation influences

consumers in a far greater way than could ever be measured on a balance sheet. They promote a

customer-driven corporate culture by providing the best quality and impeccable service with all

values centered on our customers. The recall of the cars pushed Hyundai into reviving their

strategy in order to restore their reputation and be customer centric.
…show more content…
3.5. AchievementIt is important to explore Hyundai values in relation to the reputational concern for discussion.

How does this contradict the company values and importance to function by?

3.1. Conformity and tradition

Hyundai put Customer First as core value because its sees itself as customer orientated. The

company believes in commitment and to exceed customers expectations. Reputation influences

consumers in a far greater way than could ever be measured on a balance sheet. They promote a

customer-driven corporate culture by providing the best quality and impeccable service with all

values centered on our customers. The recall of the cars pushed Hyundai into reviving their

strategy in order to restore their reputation and be customer centric.

As such, Hyundai seeks to become a lifetime partner in the everyday lives of customers and their

happiness. At this very moment, Hyundai is developing eco-friendly and human-oriented

technologies for the future and setting up optimized global management systems in order to

provide the best experience to its
…show more content…
As a result various parties are affected by the

actions of the company in one way or another. According Schein, 1985; van Rekom, 1997,

Organisational values are also abstract, unspoken and taken for granted. The environmental

contraventions in Benoni Commercial Plant were the results of organizational values, and more

job opportunities

The last value globalization with this the footprint of the company is Global Orientation, well

known. Hyundai respect the diversity of cultures and customs, aspire to be the world’s best at

what we do, and strive to become a respected global corporate citizen.

Basically the above values are designed to guide the culture of the organization, it is clear that in

the haste to meet some of the pressing demands the company is faced with, values are negated

and the interests of the business reign supreme. As a result various parties are affected by the

actions of the company in one way or another. According Schein, 1985; van Rekom, 1997,

Organisational values are also abstract, unspoken and taken for granted. The environmental

contraventions in Benoni Commercial Plant were the results of organizational values, and more

job

Related Documents

  • Improved Essays

    The advice Plan B is trying to emphasize is promoting justice, and improve the quality lifestyle of individuals (Zeitz, 2014). The Break-Through Challenge leaders know it’s possible it only takes an army to be successful. An additional way to improve leadership is to pursue full transparency. Pursuing full transparency is a very strong weapon in business because it will help build trust with your stakeholders and employees. But the Breakthrough Challenge continues to impress me when I came across…

    • 1632 Words
    • 7 Pages
    Improved Essays
  • Improved Essays

    Apple’s vision statement is a representation of the company’s direction towards product development and growth, while the mission statement is a representation of the actions that are required in order for the organization to remain in the path of success (David, 2011). Apple’s major goal is the provision to their most trusted and loyal customers the best in quality and value for their money, making the company not primarily focused on making money but on customer satisfaction (Bajarin,…

    • 1317 Words
    • 6 Pages
    Improved Essays
  • Superior Essays

    In the film adaptation of the play, Glengarry Glen Ross, written by David Mamet, the central themes such as management style, business ethics, and identity play an important role in the business aspects of salesmen. Management style is the occurrence of motivation, instructions, and plans to benefit the employees and the business. Business ethics are a type of applied ethical principles in a business setting. Identity in business could be perceived as the success, the failure, or the meaning of the job. They work together to positively benefit the company, but can also negatively affect and clash in the business environment.…

    • 1330 Words
    • 6 Pages
    Superior Essays
  • Improved Essays

    “Ethical business practices increase their competitiveness in their respective industries, helping to further substantiate the notion that a culture of ethics is crucial to sustainable excellence” (Forbes.com, 2013). The company should keep its own interests while contributes and give feedback to the stakeholders, and the company would stand out in masses of competitors in this manner. To be an ethical business will bring you more benefits in the long term time frame. This is the only way that builds the good image of the brand so that the company gain more trust and favor from not just only internal stakeholder, but also external…

    • 1369 Words
    • 6 Pages
    Improved Essays
  • Improved Essays

    Business ethics refers to an essential and historic aspect of every business organization. It concerns the moral and traditional values that an enterprise follows and promotes to the general public. These include; producing good quality products, providing effective services to customers, supporting social causes such as contributing to environmental and health campaigns etc. In today's globalised world the concept of business ethics becomes all the more important as certain business organizations tend to operate below the permissible quality standards thereby encouraging unethical standards to penetrate among members of the local community within which the business operates. There are several reasons as to why business ethics are important for an organization.…

    • 1516 Words
    • 7 Pages
    Improved Essays
  • Improved Essays

    Behind a company 's retail positioning lies an underlying intention. The likely intention behind Nordstroms positioning strategies is to capture customers loyalty and lifetime value, provide superior customer service, and gain competitive advantage. The importance of customer service is often underestimated. The first thing that comes to mind when mentioned Nordstrom is “customer service.” Nordstrom simply offers an experience that separates itself from the competition. This experience alone distinguishes itself from other competitors in its category and makes the customers loyal to this company.…

    • 961 Words
    • 4 Pages
    Improved Essays
  • Superior Essays

    One of the reasons is that already existing brands have their loyal customers, and to develop the trust of new target market will be quite uncertain. Another factor is that numbers of dollar millionaires who are spending on higher end groups are encouraging several luxury car makers to start operations in Korea including Volkswagen AG's Bugatti and Bentley, BMW's Rolls-Royce and Ferrari SpA. As too look out for bigger market share before nurturing new market, Aston Martin needs to out an effort to connect with the customers and stronger the relationship with…

    • 1483 Words
    • 6 Pages
    Superior Essays
  • Improved Essays

    By taking a critical look at Ford’s financial recovery, it is apparent that Mulally’s culture change at Ford was successful in avoiding bankruptcy. However, it is also important to account for the major changes he made to employee relations and the overall company attitude. Denning (2011) stated that changing an organization’s culture is one of the most difficult aspects of leadership. He also outlined that a successful culture change strategy involves starting with leadership tools, such as creating a vision for the organization. As previously described, Mulally did this by instilling the company’s mission within employees and created his plan of simplicity.…

    • 1437 Words
    • 6 Pages
    Improved Essays
  • Great Essays

    To affect the organisational performance, “ Organizational culture is largely shaped by an organization’s leaders and is presumed to be important because it can have consequential effects on firm performance “ (Hartnell, Ou, & Kinicki, 2011). Which at first seems obvious, but we must remember this is the foremost reason to change or create an organisational culture. Our ‘Realities Of Business Enterprise” organisation has created this culture to enhance communication between areas, to avoid confusion, therefore hopefully achieving parallel work. Rolls Royce management has created an honest and performance driven culture, with high expectations, consequently ending up with the high quality Rolls Royce goods we know of today. So every firm including our ‘ROB’ organisation and Rolls Royce have a similarity in which organisations, and the management team within each firm will be trying to improve the finished product or any part of the supply chain to ultimately be more…

    • 988 Words
    • 4 Pages
    Great Essays
  • Improved Essays

    While trying to become as profitable as possible corporations can face countless moral issues that affect their employees and the citizens where they conduct business. If decision makers use this approach to analyze future actions to take within the company in theory they will do the greatest amount of good. According to Richard DE George, “Utilitarianism, far from being a self-serving approach to moral issues, demands careful, objective, and impartial evaluation of consequences.” (p. 59). The evaluation process of this approach can be very tedious, but by using this approach actions taken will be well thought out and planned. Utilitarianism is a powerful moral decision making tool and it is well worth perfecting and implementing in…

    • 701 Words
    • 3 Pages
    Improved Essays