Provide a 7 pages analysis while answering the following question: New Balance Corporate Social Responsibility. Prepare this assignment according to the guidelines found in the APA Style Guide. An abs

Provide a 7 pages analysis while answering the following question: New Balance Corporate Social Responsibility. Prepare this assignment according to the guidelines found in the APA Style Guide. An abstract is required. According to the essay findings&nbsp.manufacturing of all kinds of the footwear within the US is on decline – the main reason is the low-wage cost at some of the emerging economies such as China.&nbsp. It is important to note that footwear manufacturing, in spite of significant technological advances, involves considerable amount of manual handling.&nbsp. As a result of this, the footwear industry in the US in general and New Balance in particular faces huge environmental and social challenges. A strong Corporate Social Responsibility (CSR) policy needs to be in place to not only enhance all stakeholders’ trust and confidence in the company but also spearhead its growth by integrating the core business strategy with its CSR strategy.&nbsp.&nbsp.This paper discusses that&nbsp.New Balance’s Mission statement explicitly takes into account the importance of CSR policy in its growth: “Demonstrating responsible leadership, we build global brands that athletes are proud to wear, associates are proud to create and communities are proud to host”.&nbsp.Values, integrity and long history are the aspects that strengthen overall governance of the company. People feel proud while working at New Balance because management provides due importance and listen them carefully. People at senior management in the company believe to having a strong support for CSR.&nbsp.The company’s mission statement and values strongly support CSR functions. However, the difficult part is that very few of them really understand the current responsible leadership (RL) goals and priorities.

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