Corporate Social Responsibility: Case Study

1.0 Description of Initial Response
Responsible business normally is known as Corporate Social Responsibility (CSR). In today’s world, most businesses are focusing on profitability ignoring all social responsibility they should contribute back. It is important for companies to gain trust from the community in return of CSR. Three major personal core values that I think a ‘responsible business’ should have are empower, professionalism and commitment. First of all, when a company able to empowering others, it can create a good working environment within employees and the company. In addition, it could bring up the company brand image and set as a foundation for success. Second core value is professionalism, where people are likely to deal with
To elaborate further, the consequences of Takata action on individual or we can look in terms of individual shareholders is that they are facing the loss as Takata stocks drop tremendously each year since the incident of defective airbags happened (Kubota & Shiraki 2014). Furthermore, the effect on organizations, such as an automakers have to do a big recall globally on their vehicles that using Takata airbag for replacement which involves huge cost to them (Bogage 2016). Next, the impact on social, such as public from Takata practices causes many injuries and death due to the sudden explosion of the airbags and shooting shrapnel to the drivers (Kubota & Shiraki 2014). Considering on what I felt after doing some reading and research regarding this case is that I feel furious and disappointed about it. The reason why I felt that way is because it is frustrated that they (Takata) acknowledge the problem of their airbag, but this issue is still keep occurring until today. In my opinion, it is certainly not easy for the Takata Company to cease this issue in the short term, especially they are a big corporation, but they will need to show more effort and taking the right approach to prevent this problem to be occurring in the
As a millennial, I have my own personal value and idea of looking what businesses should behave, especially in terms of what I could offer for the Takata Company, assuming I am the Chief Executive Officer (CEO). Looking at the individual and the CEO perspective in handling this matter, I will also stress on my own belief that business should practice the value of empowering, professionalism and commitment. Any action taken beforehand should be considering other stakeholders so that we would not affect