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Dansko Puts Its Right Foot Forward

In: Business and Management

Submitted By janelong629
Words 480
Pages 2
1. How did Dansko’s founder Peter Kjellerup’s Danish heritage affect the development of Dansko’s shoe line and its commitment to ethics and social responsibility?
As it mentioned in the case, they want to take the long view, they think the decisions they make today really affect the future generations. That means their value is doing this business sustainable, in a long-term way; the commitment to ethics and social responsibility will be their future work in the goal, the realization and the completion constant.
To be more specific, the great action that they support employees volunteering and host its township’s only community recycling station, its ecologically friendly construction and their concentration on taking care of their employees, community and environment, all them above indicate that their long-term and substantial value of development is the future way of their business.

2. Why might employee ownership be a positive thing for a company’s growth and development? What might be some downsides?
The definition of the employee ownership is an employee-owner method that provides a company’s workforce with an ownership interest in the company1. This structure can encourage employees’ loyalty, their passion to work together and reduce the conflicts. In another words, this appears to increase production and profitability and improve employee’s’ dedication and sense of ownership.
The downside might be the diminishing of the responsibility. Fewer shareholders take more responsibility than this employee ownership structure dose. In addition, to achieve the goal to get all the benefits just mentioned above, it might need some additional participatory management and other techniques. In some circumstances, the employee ownership was designed that disproportionately benefit employees who enrolled earlier, by accruing more shares to early employees. Newer

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