In the not so distant past, corporate social responsibility was often viewed as a corporate burden—one that could easily be fulfilled through an annual company event, with proceeds going to a local charity. Thankfully, those days are gone, as companies acknowledge that the environmental, social and economic impacts they have on their communities require a more concerted effort at playing nice and doing good.
2. Introduction
Development and implementation of strategy
CSR as a crucial part of strategy
Advantages for the organization
Objectives of the firm
06-08-2020Dr Emmanuel Daniel- Faculty of Social Work 2
Source- David, C. & Guler, A. (2008) Corporate Social Responsibility, Ventus Publishing, CO, USA
3. Role of a Business Manager
06-08-2020Dr Emmanuel Daniel- Faculty of Social Work 3
Source- David, C. & Guler, A. (2008) Corporate Social Responsibility, Ventus Publishing, CO, USA
4. The objectives of a business
Maximizing cash flow
Profit maximization
Maximizing service provision
Maximizing shareholder value
Growth
Long term stability
06-08-2020Dr Emmanuel Daniel- Faculty of Social Work 4
Source- David, C. & Guler, A. (2008) Corporate Social Responsibility, Ventus Publishing, CO, USA
5. Importance of Performance Measurement
Evaluation of individuals
Evaluation of programs
Variety of aspects
Rewards based on performance
06-08-2020Dr Emmanuel Daniel- Faculty of Social Work 5
Source- David, C. & Guler, A. (2008) Corporate Social Responsibility, Ventus Publishing, CO, USA