This creates the largest challenge for a global company like WalMart which has to ensure that it keeps up with changes that are happening in different states and countries. For example the rules for employees in Massachusetts are different from those in New York. This creates challenges for the organization in trying to keep up with compliance to legal standards.
Cultural change around the world is also creating challenges for compliance to legal standards since global organizations have to keep up with cultures, some of which may just be short-lived. There is also uncertainty of the global market which makes the organizations to suffer damage from changing consumer perceptions that may or may not be related to changes in their culture Delmar & Shane, 2003.
Trying to balance their reputation with these changing cultures is tricky and some organizations have had issues in gauging the importance of their reputation vs. The culture and regulatory standards of their region of operation Brush, Bromiley, & Hendrickx, 1999()
Prevention strategies that support organizational compliance, growth, and sustainability
WalMart embarks on different strategies to support its compliance, growth and sustainability. The first is that it ensures that it sets for itself goals and objectives that are tied to the legal standards for its various business locations. A good example of this is the recent campaign to reduce their emissions considerably. The company started by establishing the procedure for doing this which was supported by a large legal framework and supported by other environmental aspects. Second is the organization's structure which involves a global ethics office and in-country or regional ethics committees which are charged with the responsibility of analyzing changes in the law and how they affect the documentation, communication and general operation of the organization. These are then documented and the necessary resources for the implementation of each new aspect detailed and presented to the global ethics office which then updates their statement of ethics and guiding principles.
The company also conducts regular audits to check for nonconformance or noncompliance to...
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