Business Proposal on Kuehne Nagel

Question: Discuss about theBusiness Proposal on Kuehne Nagel. Answer: Introduction Kuehne Nagel has evolved from a traditional global freight forwarder to a leading international provider of innovative as well as fully incorporated solution related to supply chain. The company was founded by August Kuehne and Friedrich Nagel in the year 1890. At present, it has developed as a leading logistics provider in the world. Kuehne Nagel is dedicated to upholding open, wide-ranging and reliable communication to help media requirements. The products of the organization mainly include fuel and security charges as well as plus automated. In other words, the products of the company include airfreight commodities. The goal of the organization is to constantly optimizing procedures, data and service quality, across the entire organization. Kuehne Nagel carries out more than 3,500 annual audits with the aim of recognizing probable weaknesses with the assist of its incorporated QSHE management system. The Scope of consolidation for the company is given as follows: Acquisition Capital Share obtained in percent equals voting rights Currency Share Capital in 1,000 Rennies Investment 100 GBP 1 Cooltainer Holdings Limited 75 NZD 1,200 Eichenberg Group 100 BRL 5,349 K-Logistics 100 EUR 91 Amex Limited 12.5 ILS 2 In scope of the contract, the company handles shipment order management along with door-to-door visibility. Organizational Corporate Social Responsibility Social Responsibility Performance The Kuehne Nagel Group upholds the highest quality, safety and health as well as security standards. The corporate social responsibility statement is compulsory for each worker across the business units of the Kuehne Nagel Group. With the help of the CSR program, it allows the company to offer steady, high-quality services across all international processes. On the domestic and the national level, a huge number of proposals were offered in order to make sure compatibility between work and family life. Leveraging the CSR program, the Kuehne Nagel Group is able to convey a customer-centric approach that is based on: Common language in order to progress understanding of quality requirements (Preuss, 2013) Through partial certification audits the program led to incessant improvement of business performance The program had also led to improved product as well as process quality that in turn improved the performance of the company Through augmented efficiency, the program had also led to upshot benefits that will reduce waste and lead to better resource handling The performance of the Kuehne Nagel Group is improved globally and as per the reports, the net proceeds of the company is CHF 18,500 million that is equivalent to 2 percent higher than the preceding year (Kurian, 2015). Corporate Governance Corporate governance is the system of rules as well as procedures with the help of which a company is directed and controlled. The interests of the various stakeholders in the company are mostly balanced with the help of good corporate governance. Corporate governance is an essential, imperative part of the administration culture of the Kuehne Nagel Group. The objectives of corporate governance are described in the Directive on Information Relating to Corporate Governance of the SIX Swiss Exchange. These are mostly laid down in the Articles of Association, the Organizational Rules as well as the Committee Guidelines of the holding company. The Kuehne Nagel Group mostly follows the standards that are established in the Swiss Code of Best Practice for Corporate Governance. The corporate governance mainly aims at generating sustainable value for all stakeholders as well as to maintain the decision-making potential and efficiency of the company (M. Coe, 2014). Organizational Culture Corporate Culture The corporate success of the company is built on the dedication of their skilled as well as capitalist workers. The Group is enthused to deliver for customers and as a result, they are proud to be part of the leading logistic company in the world. The culture of Kuehne Nagel Group is characterised by a focus on specialized skills as well as social capability. The Group makes sure that the workers at all levels are provided with suitable responsibilities with the help of their Challenge and Promote objectives. As a result, this objectives helps to develop the talent of the individuals to the fullest. Kuehne Nagel Group is committed to their strong integrity-based culture that helps to promote the objectives of: Partnership Responsibility Respect Internal open communication The human resources policy of Kuehne Nagel Group is firmly associated with the strategy of the Group as well as its value based corporate culture. In the field of culture, Kuehne Nagel Group provides support to music and literature (Smith Pijanowski, 2014). Ethical Culture Ethics are imperative in an organization as they deals with the values and thoughts that are used by an individual to preside over the individual action. The ethical culture that is followed by Kuehne Nagel Group mainly deals with inherent and extrinsic rewards that helped the organization to bound their culture and ethics. The ethical culture of the organization is broad that varies in application and range (Ruiz-Palomino, Martnez-Caas Fontrodona, 2013). Organizational Technology Impact of Technology on Organisational Performance The rapidly increasing number of workers is making the use of computer technology so that they can perform their work diligently. This is in turn is having a positive impact on the performance of the organization. The Group has an established ability to offer an integrated as well as single-source logistics solution. With the advancement in technology, Kuehne Nagel Group has been able to diminish their distribution cost, decrease inventories and speed up their introduction of new commodities. As a result, the group is also able to reduce supply chain intricacy by providing lengthwise supply chain visibility to its clients (Rasula, Vuksic Stemberger, 2012). Figure: High-Tech Supply Chain (Source: Kn-portal.com, 2016) Social Media Use The Group is dedicated to maintaining open, comprehensive and reliable communication to support media requirements. The social media use had helped to increase the visibility of the company and improve brand image. The use of social media had also helped to establish the company as a thought leader and draw new leads and clients. The company had realized the benefits by social media with the increase in market aptitude as well as business intelligence of the company (Treem Leonardi, 2013). References Kn-portal.com. (2016). Kuehne + Nagel: High-Tech. [online] Available at: https://www.kn-portal.com/industry/high_tech/ [Accessed 17 Oct. 2016]. Kurian, G. (2015). Case Analysis of Kuehne Nagel in the Asia-Pacific.Available at SSRN. Coe, N. (2014). Missing links: Logistics, governance and upgrading in a shifting global economy.Review of International Political Economy,21(1), 224-256. Preuss, L. (2013). Corporate social responsibility. InEncyclopedia of corporate social responsibility(pp. 579-587). Springer Berlin Heidelberg. Rasula, J., Vuksic, V. B., Stemberger, M. I. (2012). The impact of knowledge management on organisational performance.Economic and Business Review for Central and South-Eastern Europe,14(2), 147. Ruiz-Palomino, P., Martnez-Caas, R., Fontrodona, J. (2013). Ethical culture and employee outcomes: The mediating role of person-organization fit.Journal of Business Ethics,116(1), 173-188. Smith, J. W., Pijanowski, B. C. (2014). Human and policy dimensions of soundscape ecology.Global Environmental Change,28, 63-74. Treem, J. W., Leonardi, P. M. (2013). Social media use in organizations: Exploring the affordances of visibility, editability, persistence, and association.Annals of the International Communication Association,36(1), 143-189.