Corporate Social Responsibility as an essential element to sustain a business

P

Polly Pure Bread

#11
Re: Corporate Social Responsibility

Corporate Social Responsibility is fast becoming an essential element to get business in the first place. Its a tool to keep certain stakeholders happy. (customers, employees, general public) It is often imposed on suppliers by larger customers, more often than not in support of their own corporate image.

Hi Richard,

Does your company perform CSR?Does your company dedicate a regular budget for CSR projects? If so, how do you measure the success of your CSR programs and projects?How do you communicate your CSR programs?
 
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Randy

Super Moderator
#12
Re: Corporate Social Responsibility

When push comes to shove and CSR conflicts with profitability which one do you think will win out?
 
R

Richard Pike

#13
Re: Corporate Social Responsibility


Hi Richard,

Does your company perform CSR?Does your company dedicate a regular budget for CSR projects? If so, how do you measure the success of your CSR programs and projects?How do you communicate your CSR programs?
I'm, afraid the answer is no, no and no. We operate in an ethical way and wherever possible try to let our employees contribute to this. Like environmental issues, they only work if there is a return (or if there is a penalty). I like to have motivated employees and if CSR can assist there then great. I like to have satisfied customers and if CSR gives me an edge there,then great. If CSR is going to cost me, with no return, and no risk reduction then no, no and no.
 
#15
Re: Corporate Social Responsibility

Hi

If your understanding that CSR is about philanthropy, then most of the discussions appear to be based on the belief of the individual author and I don't have any comment to make. But if you agree that in a wider sense CSR = Sustainability, then there is no way one can avoid it now-a-days, especially if one is a supplier to an electronics company. EICC (Electronics Industry Code of Conduct) has become mandatory for the suppliers to the large electronics companies, like Philips, Sony, HP etc. So it is a business requirement now.

With kind regards,

Ramakrishnan
 
R

Richard Pike

#16
Re: Corporate Social Responsibility

:nope:Exactly my point, if it wasn't a business requirement, then no, no, no.
 
R

Richard Pike

#18
Re: Corporate Social Responsibility

:cool:Perhaps the amount of hot air generated by the subject also contributes to global warming?
 

Sidney Vianna

Post Responsibly
Staff member
Admin
#19
Re: Corporate Social Responsibility

Hmmm... wonder if that is contributing to the global warming problem? :confused:
Without a doubt. Most business people believe their job is to maximize SHORT term profit, at the expense of everything else, including their social and societal responsibilities, environment and the quality of life of future generations. That is why sustainability is such a "pie in the sky", for the time being.

Our human nature, focussed on short term gratification, makes it really easy for us to mess up the world of tomorrow. That is one of the reasons I had started the What if REINCARNATION was scientifically proven true? thread.
 
J

JaneB

#20
Re: Corporate Social Responsibility

Most business people believe their job is to maximize SHORT term profit, at the expense of everything else, including their social and societal responsibilities, environment and the quality of life of future generations.
Yes, unfortunately. I did think the premise of The Corporation film was interesting for putting the 'company as psychopath' point of view.
That is why sustainability is such a "pie in the sky", for the time being.
Maybe so, but just the fact that people start thinking about it is a step forward in my opinion. Though a long way short of where we need to be.
 
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