Corporate Social Responsibility and Leadership: A Critical Analysis

Desklib provides solved assignments and past papers to help students succeed.

Assignment 1- Individual Essay
1

Table of Contents
Introduction......................................................................................................................................3
Discussion........................................................................................................................................4
Conclusion.......................................................................................................................................7
Reference List..................................................................................................................................8
2

Introduction
“Corporate social responsibility (CSR)” is a managerial idea, related to the integration of “social
and environmental concerns” in their business operation and dealings with the stakeholders
(Chaudhuary, 2017). The essay will be structured upon the brunt of “corporate social
responsibility,” which boosts leadership skills while functioning in an organisation. It would
identify the “changing nature” of the business and future of the organisation with respect to the
outlook of the organisations in a international environment. Hence, the need for “social,
cultural, ethical and environmental issues” related to the business will be discussed here. This
will provide a critical analysis and understanding of the global business.
3

Discussion
LO1: Understand the dynamic and changing nature of business and the consideration of
the future of organisations within the global business environment
The global business has witnessed considerable changes in its business operations. Sustainable
business development has played a vital role in the sustenance and the maintenance of corporate
ethics has been instrumental in shaping the future of the organisations. The dynamic and
changing nature of business can be seen through the advancement of technology, which has
given a promising business outlook to the individuals and business entrepreneurs. Change is an
inevitable part of business life, which brings in a change in the market position improved and
enhanced the role of the global environments (Hamilton and Webster, 2018). In context to the
future of the organisations in the international environment, it can be perceived that the
international business environment have brought in changes in the functioning of the business.
The changes that occur in the business environment are a product of external and internal
factors that affect the regulations and laws and context in the sphere of the business (Nohria,
2017). This influences the strategic operations and influences the growth of the company goals
and objectives. Hence, the nature of the companies has been wired to make the utilisation of the
aims and the objectives, which pertain to growth of companies. As there has been the
introduction of technology, organisations have adapted to these changes accordingly. To
comprehend the nature of the changing business environment, it is important to note the
shortfalls and the growth of the companies, which have indulged in the use of this ever-changing
business growth. The changing face of the business environment have brought in efficiency,
productivity, and facilitated speed in the business. The companies have posited the important
ideas and areas for the future business that have given them the scope for development. The
emerging trends and the utilisation of fresh technology and application, has brought in numerous
opportunities for strategic business operation in the global environment.
Therefore, the future of the organisations within the sphere of the global environment will be
indicative of the growth in productivity and profit of the company. The increase in demand for
the trustworthy strategic decisions will steer in productivity and growth in the companies. It will
improve customer experience, compliance inter-operatability and so on. The companies can
4

make a further move into the API based platform systems, which would expose them to an
ecosystem of development partners. Thus, the changing nature of the business environment has
boosted the companies, to fuel, in excellence and drive between the growth and profit of the
company (Schmidt and Cohen, 2015).
LO2: Identify the need for individuals and organisations to manage responsibly and
sustainably and behave ethically in relation to social, cultural, economic and environmental
issues
Business organisations integrate the use of CSR related activities to exhibit leadership qualities
and posit a responsible behaviour towards the business environment. The incorporation of social
responsibility is an ethical theory, which compels individuals, to fulfil their civic actins, towards
the society (Moratis, 2017). The organisations have developed a sense of social responsibility
and ethics to tailor the working of the environment and ensure the veracity of the company and
the employees associated with it. The main reason that organisations are bound to behave
responsibly towards their environment are “social, cultural, economic and environmental
issues”. These issues have towered upon the company to make the utilisation of their CSR
activities and adhere to the maintenance of proper leadership in the company. The issues faced
by companies in the social context are religious contexts, customs practices and societal
preferences.
The businesses are attuned to adapt their CSR leadership skills, to and work towards the societal
preferences, which are a part of the company. For instance, the decision of British Petroleum
(BP) to endorse massive public relations for improvement in the massive oil leak in the Gulf of
Mexico is an example of CSR related activities. The cultural issues, which are faced by the
organisations, are personal space, ethnic differences, communication and etiquette can compel
the businesses to make the use of CSR activities. These, would improve on the maintenance of
responsible behaviour of the company towards the employees. With the recognition of the
cultural aspects the companies, cam steer in better organisational approaches. The presence of
economic issues can either make an organisation or break an organisation. The stakeholders are
the primary directors for the maximisation of profit for the shareholders. These issues can stem
from volatile prices, monopoly, recession and externalities. It is the economic responsibility of
the organisations to abide by the adherence to economic benefits to every employee (Reinhardt et
5

al., 2008). This would ensure the mark of ethical concern of the companies in the practice of fair
trade. The businesses, should be vary about the significance of the global climatic changes,
green agendas, and maintenance of community development as there have been environmental
issues, which affected the changing nature of the business. This would bring in the utilisation of
the CSR approach, which would boost and maintain the commitment of the company towards the
business environment. It would foster sustainable development practices ensuring the
organisations in behaving ethically and preserving the sustainability of the environment.
6

Conclusion
The essay has emphasized on the significance of the “corporate social responsibility” for
adherence and responsible behaviour of the organisations towards the business environment. It
has explicitly stated the significance of the business environment and given an understanding of
the nature of the changing business environment. This has become a necessary counterpart for
the better discussion of the “corporate social responsibility” viable in the situation of the working
business environment. Hence, the organisations should behave more responsibly towards their
business environment. The business ethics have played an imperative role in nourishing the core
objectives of the company in a better manner.
7

Reference List
Chaudhary, R., 2017. Corporate social responsibility and employee engagement: can CSR help
in redressing the engagement gap?. Social Responsibility Journal, 13(2), pp.323-338.
Hamilton, L. and Webster, P., 2018. The international business environment. Oxford University
Press.
Moratis, L., 2017. The credibility of corporate CSR claims: A taxonomy based on ISO 26000
and a research agenda. Total Quality Management & Business Excellence, 28(1-2), pp.147-158.
Nohria, N., 2017. Fast forward: The best ideas on managing business change. Business
Review, 9, p.10.
Reinhardt, F.L., Stavins, R.N. and Vietor, R.H., 2008. Corporate social responsibility through an
economic lens.
Schmidt, E. and Cohen, J., 2015. The new digital age: Reshaping the future of people, nations
and business.
8