Corporate social responsibility efforts should focus on solving real social issues that directly benefit a company's key stakeholders and provide a competitive advantage. Voluntary CSR programs work best when companies strategically choose initiatives they are well-positioned to address, partner with others when needed, and learn from both successes and failures.
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Social Involvement 2011 SSME
1. business social
responsibility should
not be coerced;
it is a voluntary
decision that the
entrepreneurial
leadership of every
company must
make on its own.
- john mackey
2. You cannot ask hungry people to save the
environment, recycle waste and eliminate their carbon
footprint. we have to take care of the social side first.
lex petousis group operations director the vineyard group
4. Many CSR (corporate social responsibility) efforts are
little more than pr campaigns designed to promote
corporate brands - by creating the appearance of
being good corporate citizens.
redefining corporate social responsibility (hbr article collection)
5. Its no longer good enough to do your job well, satisfy
customers, and generate financial returns. in the
future you will be held accountable for the supplies
you use and where they came from, what your
customers do with their purchase and whether it
improves their lives, and the costs and benefits to the
countries and communities touched along the way.
the green business strategy collection (hbr)
6. CSR can solve social ills and give your company a
competitive edge - if you approach it strategically.
7. The key?
Tackle social issues that youre best equipped to
resolve and that, if eradicated, would give you the
greatest competitive advantage.
redefining corporate social responsibility (hbr article collection)
8. How?
1. Know who your key stakeholders are (communities,
suppliers, guests, employees, industry).
2. Know where you can make an impact with the
resources you have (money, hands, time).
3. Know what competitive advantage it will give you.
4. Get everyone enrolled.
5. Start small.
6. Partner where you can.
7 Learn from others mistakes.
.