Importance of Corporate Social Responsibility, Change Management, Professional Ethics and Values, and Corporate Governance

Topic 1. Corporate Social Responsibility
The corporate social responsibility is an approach to business which contributes to the
sustainable progress by delivering economic,social, and environmental benefit to the customers
and society. Attending the lecture on this topic I have got to learn about corporate social
responsibility in depth and also get to know about various other aspects associated with corporate
social responsibility (Schwartz, 2017).
I got a chance to the extent my knowledge regarding CSR, and in that, I learned about the term
Social accounting which is a wide term that covers both the corporate and national level
environmental and social performance activities which are related to the interaction of
stakeholder. Another aspect was Sustainable Development in which the improvements are made
so as to satisfy the needs of the individual generation without making comprises with the
capability of the upcoming generation to satisfy their own needs.
In this I learn about sustainable reporting, integrating reporting and environmental reporting.
With this the next part of the lecture was about triple bottom line reporting, here I get to know
that triple bottom line reporting is a method which offers information on the interdependence of
the social, economic and environmental performance of the business entity (Orlitzky, Donald
and David, 2011).
In the present era, the corporate social responsibility is the key to success and getting in-depth
insights on this will going to be quite useful and helpful for me in the future. It will help me in
my corporate career, and with this, I will be able to meet the expectation of the company I will
be working in future.

Topic 2 – Change Management
Another lecture was on the change management perspective regarding all business entities. The
Change management is one of the concepts which help us determining the way how to get
prepared; also it helps the individual to successfully obtain the change with a particular objective
so as to pull the results and outcomes of the business. (Kuipers, 2014).
I learned that despite the fact that all the changes taking place are different and the individual
accepting the change are also unique in nature. All the researchers made previously show that
there are certain actions which a person can take so as to influence the people through their
personal advances. Further, the management of change also provides an insight on how to deal
things along with supporting and helping the persons in the company, in order to push them from
their present position to some future position.
There are three levels of change which I got to learn that is the individual level change,
organisational level change and enterprise level change. Further, there are some of the internal
and external factors which put an impact on the change; the external includes economy, political,
imports, regulation and competition. Whereas the internal factors are employees, jobs,
technology, cultural and structure. I also get to learn about the techniques and strategies on how
to handle the stress of change management at the workplace (Hayes, 2018). With all these,I can
assure that this is going to be one of the most important aspects of my personal as well as my
professional life as I will be able to accept the change in my surrounding and get adjusted with it
in no time.