Implementation of CSR as a Professional Rule and Command
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This article discusses the implementation of CSR as a professional rule and command in organizations, focusing on its importance and impact. It explores different categories of CSR activities and the need for re-evaluation. The article also highlights the interrelation between CSR and management.
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RUNNING HEAD: Management0 Management
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Management1 Contents Main argument......................................................................................................................................2 Assumptions and limitations..................................................................................................................2 Conclusion of the article........................................................................................................................3 Ideas relevant to themes........................................................................................................................3 Example of real business.......................................................................................................................4 References.............................................................................................................................................5
Management2 Main argument The argument discussed in article is implementation of CSR (Corporate Social Responsibility) as professional rule and command that every initiative distribute career results. The CSR should be motive of every organization to assist social and environmental activities accompanied by the professional motivation. The article focuses on using CSR activities as a vital goal and bringing intelligibility and regulations to such activities. The research is conducted to comprehend the way how companies implement and execute CSR (Rangan, Chase & Karim, 2015). The interviews have been conducted with the directors, CEOs and organizers in last ten years who were formally and informally accountable for the CSR strategies. The CSR activities are categorised into three categories identified as theatres. It focuses on different resolution. It is believed that the organisation should contribute to the society as much as it can. The article also finds ways to give back to the community instead of focusing on increasing revenue. The CSR activities are engagements are required to be re-evaluated by the organizations for contributing overall purpose and values (Lock & Seele, 2017). Assumptions and limitations The execution of CSR in the organizations can enhance the social standings in all the theatres. The first theatre focuses on the philanthropy. The second theatre works on enhancing operational effectiveness. The third theatre comprises transforming the business model. It is believed that the theatre one improves the social standing of the company and assists philanthropic priorities of the company. It has role in increasing motivation of the employees. The philanthropic objectives are not intended to produce profits and enhance business performance, for instance, donations and engagements in socio-civic organizations. It is better used in addressing explicit emergencies. It leads to transformation which makes a more lasting impact (Ford & Stohl, 2019). All the companies cannot engage in the same kind of CSR. The CSR programs contain different factors for the different fields. The businesses operate in industry and societal environments. Every step taken by the company have certain limitation which impacts the growth and profits of the company (Kim, 2019). The assumption of the article is affected by the increased revenue and increased costs. On the other side, poor coordination
Management3 and lack of coherent knowledge used in the CSR programs can lead to the program in the ungraceful way by the managers without engrossment of the CEO. Conclusion of the article The CSR has grown fast in last few years as a part of strategies for doing business. The businesses are likely to engage in CSR for earning profits. The article has highlighted the truth about the CSR and the way it works and managed. The organising and leading are also the part of the CSR activities. It inspires and motivates employees to work hard and attain the objectives. It also includes controlling which is taught in the management and organization. The management is the proved part of the business in running activities and proved successful. If the management is ineffective then it results in putting bad impact on the organization and as a result the organization has to suffer. The truth of CSR are inter-relate with each other (Dare, 2016). Both coordination and coherence are considered conspicuous fact in this article. The staff like managers, CEOs and directors have major role in the CSR activities of the organization. The CSR initiatives in some companies are clumsy run by various types of managers without any interference of the CEO. Such companies failed to put any positive impact on the environment. Consequently the CSR and management are interrelated and alike. Ideas relevant to themes The ideas have been developed as a four step approach which can be implemented as a united practice platform. Pruning and supporting programs within theatres: Pruning and supporting programs within the theatres helps to moderate the poor coordination in the theatres. This idea has role in bringing consistency to the prevailing programs by reducing the ingenuities which do not face significant problem (Grayson & Hodges, 2017). Developing metrics to scale performance: The goals of programs are diverse among the theatres. The goal should be chosen which comprises success. The organizations which are interested in business gains from activities require a system to track NPV (net present value). It is because if benefits do not match expectations then remedial measures can be taken. Coordinating programs across theories: The coordination across theatres implies that all the efforts do not certainly address the same challenge. All the initiatives combined
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Management4 form a logical portfolio. The initiatives mutually assist purposes and values of businesses. Developing an interdisciplinary CSR strategy: The companies can implement idea of running interrelated and connected programs. The initiatives taken can create values on the severalbases like society, business and shared basis (Crane, Matten & Spence, 2019). Example of real business Here are several companies involved in CSR for gaining profits. Amazon is having good status in CSR. Amazon is an American multinational company. The company is involved in cloud computing, e-commerce and artificial intelligence. The sustainability programs of Amazon are provided on the website along with the measures initiated by the company. When it comes to supporting local community, Amazon has CSR programs and initiatives. The company focuses on reducing waste and recycling. The frustration free packaging has been initiated by the company which claims to have eradicated over 244,000 tons of packaging material in the last decade. The packaging waste reduction program has even eliminated shipping boxes. Amazon has even established career choice program for the employees in which 95% of the tuition is paid in advance. The employees can take enrol in the courses required for the company (Stark, 2015). The virtual contact centre has been also established by Amazon enabling employees to work from home. The expecting growth of the company’s marketplace offers defined aspects for sustainability enhancement. The company even assist its customers by contributing in their favourite charity. The wind farm is settled by Amazon in Texas generating more than 1,000,000 megawatt hours of clean energy annually.
Management5 References Crane, A., Matten, D., & Spence, L. (Eds.). (2019).Corporate social responsibility: Readings and cases in a global context. Routledge. Dare, J. (2016). Will the truth set us free? An exploration of CSR motive and commitment.Business and Society Review,121(1), 85-122. Ford, B. R., & Stohl, C. (2019). Does CSR Matter? A longitudinal analysis of product reviews for CSR-associated brands.Journal of Brand Management,26(1), 60-70. Grayson, D., & Hodges, A. (2017).Corporate social opportunity!: Seven steps to make corporate social responsibility work for your business. Routledge. Kim, S. (2019). The process model of corporate social responsibility (CSR) communication: CSR communication and its relationship with consumers’ CSR knowledge, trust, and corporate reputation perception.Journal of Business Ethics,154(4), 1143-1159. Lock, I., & Seele, P. (2017). Measuring credibility perceptions in CSR communication: a scale development to test readers’ perceived credibility of CSR reports.Management Communication Quarterly,31(4), 584-613. Rangan, K., Chase, L., & Karim, S. (2015). The truth about CSR.Harvard Business Review,93(1/2), 40-49. Stark, J. (2015). Product lifecycle management. InProduct lifecycle management (Volume 1)(pp. 1-29). Springer, Cham.