5 Strategies For Corporate Social Responsibility
Corporate social responsibility (CSR) is one of the main attributes of a successful business. In basic terms this is a business model that is put into place, and followed, that causes the company to accept its impact on society. Good or bad impacts are made, and company owners and employees are held accountable to them. […]
Top Ten Ways To Incorporate Social Value Into Your Business
Demonstrating a commitment to Social Responsibility is now an integral part of business life, however, some employees are too busy to bring on-board. Changing behaviours, adapting processes and on-boarding employees can prove tricky, so a social value monitoring tool has developed ten top tips to create social value buy-in from all stakeholders. Social value is […]
Social Responsibility in the Workplace: How a Volunteer Program Can Strengthen Your Corporate Culture
More and more businesses are beginning to offer volunteer opportunities to their employees. Doing this not only lets you do some good for others but also strengthen your company culture. Here’s how. Helps Build Relationships If you want to build a sense of community within your office, a volunteer project may be the way to […]
Business Ethics and Social Responsibility
A lot of people think that business is an unfair activity whereas entrepreneurs care only about themselves and their profit. They are ready to destroy other rival companies and cause harm to people and environment in order to expand their business. Forests, animals and fish are destroyed for the enrichment of businessmen. They build plants […]
Could Corporate Sustainability Result in a Big Short on Humanity? Part 3
Cavemen Playing with Matches Our expanding awareness and passion for everything sustainable has begun to shift the context in which we live. Electric cars, smart phones, cloud computing, on-demand movies, the Internet of Things (IoT), commercial space flights – these realities were science fiction for the masses not that long ago. Today they have become […]
Could Corporate Sustainability Result in a Big Short on Humanity? Part 2
Efficiency Does Not Equal Sustainability Further clouding the picture is how to ethically address the needs of the developing world. More than half the world’s population lives on less than a few dollars a day. Big business views the developing world as an emerging market: untapped, uncapped, and with unlimited potential. True, developing markets present […]
Could Corporate Sustainability Result in a Big Short on Humanity? Part 1
A tremendous amount of progress has been made, particularly with regard to the increased awareness of climate change, water scarcity, human rights, and the need to protect and enhance ecosystems and biodiversity. As a generalization, we are wiser, ask more informed questions, and are adopting better policies in an effort to protect and enhance our […]
There Is No Trade-Off Between Profit and Purpose
Why do businesses exist? To earn profits, or to serve a purpose? For shareholders, or for society, customers, employees, or the environment? The conventional view is exclusively to earn profit. In 1970, Milton Friedman famously wrote that “the social responsibility of business is to increase its profits.” This view isn’t as hard-hearted as it may […]
Guide To Corporate Social Responsibility-Part 1
What Is Corporate Social Responsibility? Corporate social responsibility has become the in thing for companies to be doing. But what is it, and what does it mean to be a truly responsible organisation? Corporate social responsibility may encompass a range of different kinds of activities, all of which demonstrate the responsible nature of the organisation. […]
