Wednesday, May 6, 2020

Comparing and Contrasting Between Two Companies - Bramble and Blackmore

Question: Discuss about theComparing and Contrasting Between Two Companies,Bramble and Blackmore. Answer: Introduction Bramble is a logistic company, who lead their business through a supply-chain process. They operate their business in around 60 countries by the help of CHEP, IFCO brands. The company shows their expertise in loading the equipment such as oil, gas and aerospace sector. Blackmore is a leading company in Australia who produce natural health product (Borowiak et al., 2012). The Blackmore Company basically manufactures a huge range of minerals, herbal supplements, nutritional supplements and vitamins by the help of which they can able to make way in the medicine sector. They manufacture medicines for human beings and animals both. Both of the two companies are highly skilled and equipped for providing best quality service to their customers through all over the world. A Vision and Mission Statement The vision of Bramble Company is to become number one leading company throughout the world who can able to provide innovative solutions within the business model, whereas the Blackmore company's vision is to provide natural healthy products and required services to their customers to meet the level of high standards which is set by the company (Blackmores.com.au, 2016). The Bramble Company always use skilled knowledge for setting their values within the mindsets of their customers, whereas the vision of Blackmore Company is to innovate several factors within the medicine sector which also provides high degree knowledge to their customers about medicine. The Bramble Company always have a tendency to have a great stakeholder value by integrating the ability of work and growth, whereas the Blackmore Company has a tendency to become a number one employer by giving support to the social pattern in different ways (Brambles Corporate Site, 2016). The Bramble Company always try to deliver an innovative sense of culture, whereas the Blackmore Company always wants to educate the people by giving them an award-winning service by the help of their websites. Both of the companies give their first priority to the people, environment, and society. According to the corporate businesses, the above points are measurable, realistic and achievable regarding the parameters of time. Both the companies are engaging their entire attention on their stakeholders by the help of their management process. The Bramble Company has more than 10000 employees and all of them has the aim to achieve a big platform that they can able to provide a good quality service to their customer whereas the Blackmore Company has a great interest to do work with the employees from other countries. The Blackmore Companies has nearly 300 numbers of employees only from Asia. From these points, it can be said that the vision and mission of both of these two companies have the aim to provide a good quality service to their customers and also to make the world better place (O'Donovan, 2014). Both of the two companies are consists of skilled employees by the help of which the companies can easily set the goals and also able to achieve the goals. By the help of this innovative mission and vision both of the companies are able to incorporate several numbers of new customers and stakeholders within their business. Values of the Organization The Values of the Bramble Company are mentioned in their code of conduct which also reflects the culture and group of their employees, whereas the Values of Blackmore Company are incorporated within each and every segment of their company which is a behavioral objective of the company. According to the values of Bramble Company, every member of this company should show respect and do extremely well to the others in any working environment or circumstances whereas the Blackmore Company believes that they should provide an authentic approach regarding the health issues which actually inspire them to do extremely well into their work (Waldman, 2011). The Bramble Company believes in teamwork, loyalty, safety and diversity in the process of their business, whereas the Blackmore Company believes in authenticity, trustworthy, business and personal behavior and high standard professionals. The values of the Bramble Company are to show respect to every community within the environment while t hey operate their business, whereas the Blackmore Company has a value to treat everybody with respect and always show fair attitude to everybody in every circumstance. The values of Bramble Company have the intention to use knowledge, wisdom, and experience to influence and inspire the every people within the environment but they are more centric towards the customer accumulation whereas the values of the Blackmore Company is almost same (Ryall, 2010). The activity of the Bramble Company is very acute according to the laws, rules, and regulations and also adopts several fair practices to minimize the waste and emission within the environment whereas the activity of the Blackmore Company is very acute according to the social responsibility because of respect. Kindness is most important concern about the people, environment, and community within the society. Corporate Social Responsibility/ Sustainability Each and every organization has some corporate social responsibilities towards the environment, community, governance, employee, etc. Brambles have more than 10000 employees through over 45 number of countries and the Blackmore have more than 1000 employees among them around 300 employees are from Asia (Weiss, 2014). The research shows that both of these two companies have the good position than the other companies in respect to the four key aspects such as employee, environment, community and governance. The community segment is consists of local, national and international communities. In this section, the Blackmore Company is scored better than the Brambles. The environment segment consists of positive interactions and actions along with the utilization of the natural resource and also has a great impact of that actions and interactions on the ecosystem of the planet. According to the research, Brambles have the good rating which measurably more than the rating of Blackmore Compan y (Zhong, 2013). The employee is the 3rd segment where the comparison between the two companies is taking place. By the help of this section, everybody can able to know the policies of the company about their employees, evaluation of the employee performance, labor rights, compensations, industrial training, etc. These factors help the organizations to gain benefit for the organization. According to the comparison of the policies, the Bramble Company can able to achieve more desired outcomes than the Blackmore Company. The final segment is Governance. In this segment, the corporate governance is consists of managerial skills, stakeholders concern, policy disclosure, executive compensation etc. By the help of corporate governance, the company can able to maintain the sustainability within their performance (Oakey, 2010). According to the research, it can be said that both of the two companies have almost similar ethics and effective outcome regarding the aspects of the corporate gove rnance. Stakeholders Mentioned in their Corporate Statements Stakeholders are one of the most important assets of an organization. They help in growth and development of the organization throughout the whole process. The attention which is provided by the Bramble Company to their customers is essential to maintain the relationship, the large scale of network and the capital which is invested in helping the company for competing with other companies who are also engage within the similar product marketing (Chapman, 2011). The attention which is provided by the Blackmore Company to their customers is a very innovative and creative idea in the manufacturing process of the product, the capital which is the gain after investment, and the availability of the discount product absolutely for the stakeholders. By considering the stakeholder within the organization, the Bramble Company has the ability to gain a continuous benefit by achieving a considerable profit in their sales revenue and capital gain. The Blackmore Company also has a good plan about sorting out the dividends to their stakeholders (Fabozzi and Markowitz, 2011). The companies completely transfer the dividends and interests directly to the accounts of the customers. According to the DRP plans, the stakeholders of the Blackmore Company does not require to pay for the brokerages, commissions and stamp duty for purchasing the respective shares of the company. Both of the two companies have a tendency to engage more numbers of stakeholders into their organizations by the help of various innovative plans (Newcome et al., 2015). The Blackmore Company has an innovative plan by the help of which they can able to provide awareness about their respective concerns and the Bramble Company make a plan by the help of which the company can able to run the business of logistic supply chain smoothly for their customers and stakeholders. Brand communities are very important for maintaining and increasing the number of customers and stakeholders. Conclusion In this research study, it can be easily said that both of the two companies has a tendency to achieve market credibility by giving good quality products and services to their customers through all over the world. By discussing the environmental issues it is also clear that both of the two companies has a great knowledge about the waste management process. Stakeholders are the most important asset for both of the two companies. Both of the two companies have a common aim that they want to educate their customers with the help of online courses. 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