erview Reports Decisions Implementation Results 10 CREO office This year you will also need to make personnel and decisions about ongoing functions such as training, in addition to your decisions about how to respond to other issues that have come up Again access the decision pages for this year using the menu to the left. As announced in the annual CEO update your budget for this year is $2.38 million. You will also need to make sure that you have surplus funds to help cover the cost of additional activites you decide to engage in REO office LEO functions Personnel alice decisions CREO functions As in previous years, in addition to covering personnel costs your budget can be used for a variety of efforts. Consider the following practices and policies and decide where you would like to invest time and funds this year. You can continue to invest in areas where you invested in previous years. Remember that your total budget for employees and operations cannot exceed your budget for this year. This year your other actions related to CSR issues will also impact your budget, so it would be wise to not use your entire budget. Risk assessment (previously completed): Comprehensive risk assessment covering all aspects of operations (domestic and international). 10 employees + $100.000 Preliminary risk assessment (domestic and international): 10 employees + $75,000 Comprehensive risk assessment (domestic only): 6 employees + $50,000 Preliminary risk assessment (domestic only): 5 employees + 525,000 Elect not to do a risk assessment based on your experience at the firm so far and your belief in the CEO/Board's commitment to a culture change at K-Tal, Inc Elect not to do a risk assessment because you have completed one previously Ethics code (previously launched): Redistribute code (online only): $20,000.1 full-time employee Redistribute code (printed and online): 570.000 - 1 full-time employee Redistribute code (printed only) 550 000 - 1 full-time employee Rewrite ethics code and redistribute (online only) $75 000 + 2 full-time employees Rewrite ethics code and redistribute (printed and online) $150,000+1 full-time employee Rewrite ethics code and redistribute printed only $100.000 +1 full-time employee No action because other issues are more pressing Ethics training (previously launched): Retrain board, executives, and senior management: $15,000 + 1 full-time employee O Retrain Board of Directors: $5,000 + 1 full-time employee Retrain executives and senior management: $10,000 + 1 full-time employee O Retrain all employees: $50,000 + 3 full-time employees Develop new training and train board, executives, and senior management $75,000 + 4 employees O Develop new training and train Board of Directors: $25.000 + 2 full-time employees O Develop new training and train executives and senior management $50,000 + 3 full-time employees Develop new training and train all employees: $150,000 + 6 full-time employees No action because other issues are more pressing Ethics helpline (to report possible ethics violations): Run helpline in-house available to both intemal and external stakeholders $100.000 + 4 full-time employees Run helpline in-house, available to internal stakeholders only: $50,000 + 3 full-time employees Outsource helpline (for guaranteed anonymity) available to both internal and external stakeholders: $200.000 + 2 full-time employees to coordinate Outsource helpline (for guaranteed anonymity) available to internal stakeholders only: $150,000 + 1 full-time employee to coordinate No action because I need to understand the nature and extent of transgressions being committed before dedicating resources to a solution No action because other issues are more pressing Supply chain code of conduct (previously drafted): Recommit suppliers and distributors to code of conduct: $35,000 + 2 full-time employees Recommit suppliers only to code of conduct $25.000 - 1 full-time employee No action because K-Tal should not be held responsible for the actions of its supply chain partners No action because other issues are more pressing No action because other issues die Why Supply chain code of conduct (previously drafted): Recommit suppliers and distributors to code of conduct: $35,000 + 2 full-time employees O Recommit suppliers only to code of conduct: $25,000 + 1 full-time employee O No action because K-Tai should not be held responsible for the actions of its supply chain partners O No action because other issues are more pressing. Supply chain audits (to ensure code of conduct is followed): Conduct audit using an NGO partner: $75,000 + 1 full-time employee to coordinate O Conduct audit using professional consultants: $200.000 - 1 full-time employee to coordinate Conduct audit using K-Tai's accountants: $150,000 + 1 full-time employee to coordinate No action because K-Tai should not be held responsible for the actions of its supply chain partners No action because other issues are more pressing Save decisions Budget summary Total staff 13 Staff required for initiative decisions: 13 Staff availble for stakeholder issues Staff costs 51 267.500 Initiative costs $245.000 Total costs $15 12.500 Current budget $2 380.000 Budget available 5867 500 Personnel Once again, you need to determine the number of full-time staff for the CREO office for the upcoming year. You can adjust the number of staff up or down from last year. As it was last year, the HR costs will come out of your overall budget The HR office estimates the following costs for full-time personnel in the CREO office this year Full-time employee: $75,000 salary, plus payroll taxes and benefits (30% of salary). Select the number of full-time employees you would like to hire: 13 Save decision It is important to have sufficient employees to handle both your CREO office functions and related stakeholder issues. Of course, it is also important to remain within your approved budget. Doing so will require tradeoffs and compromise. Going over budget or being understaffed will limit the effectiveness of your efforts. Budget summary Total staff. 13 Staff required for initiative decisions: 13 Staff availble for stakeholder issues: Staff costs: $1,267 500 Initiative costs: $245,000 Total costs: $1.512.500 Current budget 52.380,000 Budget available: $667 500 Finalize decisions Once you are satisfied with all decisions related to this year's operations, provide a summary of your decision logic in the box below. Why did you select the response actions you chose? Decision memo: Save draft of memo Task status: CREO office initiative decisions, COMPLETE Annual staffing COMPLETE - You have hired 13 staff If you are satisfied with your decisions (including staffing levels and your budget) click the button below to submit your choices and process the results. The results will only be visible after the deadline set by your instructor. If there is no delay set by your instructor the results will be available immediately Submit all final decisions erview Reports Decisions Implementation Results 10 CREO office This year you will also need to make personnel and decisions about ongoing functions such as training, in addition to your decisions about how to respond to other issues that have come up Again access the decision pages for this year using the menu to the left. As announced in the annual CEO update your budget for this year is $2.38 million. You will also need to make sure that you have surplus funds to help cover the cost of additional activites you decide to engage in REO office LEO functions Personnel alice decisions CREO functions As in previous years, in addition to covering personnel costs your budget can be used for a variety of efforts. Consider the following practices and policies and decide where you would like to invest time and funds this year. You can continue to invest in areas where you invested in previous years. Remember that your total budget for employees and operations cannot exceed your budget for this year. This year your other actions related to CSR issues will also impact your budget, so it would be wise to not use your entire budget. Risk assessment (previously completed): Comprehensive risk assessment covering all aspects of operations (domestic and international). 10 employees + $100.000 Preliminary risk assessment (domestic and international): 10 employees + $75,000 Comprehensive risk assessment (domestic only): 6 employees + $50,000 Preliminary risk assessment (domestic only): 5 employees + 525,000 Elect not to do a risk assessment based on your experience at the firm so far and your belief in the CEO/Board's commitment to a culture change at K-Tal, Inc Elect not to do a risk assessment because you have completed one previously Ethics code (previously launched): Redistribute code (online only): $20,000.1 full-time employee Redistribute code (printed and online): 570.000 - 1 full-time employee Redistribute code (printed only) 550 000 - 1 full-time employee Rewrite ethics code and redistribute (online only) $75 000 + 2 full-time employees Rewrite ethics code and redistribute (printed and online) $150,000+1 full-time employee Rewrite ethics code and redistribute printed only $100.000 +1 full-time employee No action because other issues are more pressing Ethics training (previously launched): Retrain board, executives, and senior management: $15,000 + 1 full-time employee O Retrain Board of Directors: $5,000 + 1 full-time employee Retrain executives and senior management: $10,000 + 1 full-time employee O Retrain all employees: $50,000 + 3 full-time employees Develop new training and train board, executives, and senior management $75,000 + 4 employees O Develop new training and train Board of Directors: $25.000 + 2 full-time employees O Develop new training and train executives and senior management $50,000 + 3 full-time employees Develop new training and train all employees: $150,000 + 6 full-time employees No action because other issues are more pressing Ethics helpline (to report possible ethics violations): Run helpline in-house available to both intemal and external stakeholders $100.000 + 4 full-time employees Run helpline in-house, available to internal stakeholders only: $50,000 + 3 full-time employees Outsource helpline (for guaranteed anonymity) available to both internal and external stakeholders: $200.000 + 2 full-time employees to coordinate Outsource helpline (for guaranteed anonymity) available to internal stakeholders only: $150,000 + 1 full-time employee to coordinate No action because I need to understand the nature and extent of transgressions being committed before dedicating resources to a solution No action because other issues are more pressing Supply chain code of conduct (previously drafted): Recommit suppliers and distributors to code of conduct: $35,000 + 2 full-time employees Recommit suppliers only to code of conduct $25.000 - 1 full-time employee No action because K-Tal should not be held responsible for the actions of its supply chain partners No action because other issues are more pressing No action because other issues die Why Supply chain code of conduct (previously drafted): Recommit suppliers and distributors to code of conduct: $35,000 + 2 full-time employees O Recommit suppliers only to code of conduct: $25,000 + 1 full-time employee O No action because K-Tai should not be held responsible for the actions of its supply chain partners O No action because other issues are more pressing. Supply chain audits (to ensure code of conduct is followed): Conduct audit using an NGO partner: $75,000 + 1 full-time employee to coordinate O Conduct audit using professional consultants: $200.000 - 1 full-time employee to coordinate Conduct audit using K-Tai's accountants: $150,000 + 1 full-time employee to coordinate No action because K-Tai should not be held responsible for the actions of its supply chain partners No action because other issues are more pressing Save decisions Budget summary Total staff 13 Staff required for initiative decisions: 13 Staff availble for stakeholder issues Staff costs 51 267.500 Initiative costs $245.000 Total costs $15 12.500 Current budget $2 380.000 Budget available 5867 500 Personnel Once again, you need to determine the number of full-time staff for the CREO office for the upcoming year. You can adjust the number of staff up or down from last year. As it was last year, the HR costs will come out of your overall budget The HR office estimates the following costs for full-time personnel in the CREO office this year Full-time employee: $75,000 salary, plus payroll taxes and benefits (30% of salary). Select the number of full-time employees you would like to hire: 13 Save decision It is important to have sufficient employees to handle both your CREO office functions and related stakeholder issues. Of course, it is also important to remain within your approved budget. Doing so will require tradeoffs and compromise. Going over budget or being understaffed will limit the effectiveness of your efforts. Budget summary Total staff. 13 Staff required for initiative decisions: 13 Staff availble for stakeholder issues: Staff costs: $1,267 500 Initiative costs: $245,000 Total costs: $1.512.500 Current budget 52.380,000 Budget available: $667 500 Finalize decisions Once you are satisfied with all decisions related to this year's operations, provide a summary of your decision logic in the box below. Why did you select the response actions you chose? Decision memo: Save draft of memo Task status: CREO office initiative decisions, COMPLETE Annual staffing COMPLETE - You have hired 13 staff If you are satisfied with your decisions (including staffing levels and your budget) click the button below to submit your choices and process the results. The results will only be visible after the deadline set by your instructor. If there is no delay set by your instructor the results will be available immediately Submit all final decisions