Corporate Social Responsibility Analysis Report: Risk Management

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Added on  2023/01/11

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This report presents a Corporate Social Responsibility (CSR) analysis, focusing on the application of CSR principles within a business context. The analysis begins by outlining the core principles of institutional legitimacy, public responsibility, and managerial discretion, explaining how these principles are applied to address challenges such as data security and worker productivity. The report then details the processes involved, including environmental assessment, stakeholder management, and issues management, highlighting the methods used to gather and analyze information. The outcomes section discusses the social impacts of proposed solutions, such as software and services designed to create a secure IT environment, and the implementation of social programs and policies. The report emphasizes the importance of community engagement and education to enhance the company's reputation and support local development. References to relevant literature and external resources are included to support the analysis.
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Corporate Social Responsibility
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Corporate Social Responsibility (CSR)
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Corporate Social Responsibility (CSR)
The principle:
Principle of institutional legitimacy
The society that needs the solution has faced many challenges of unrestricted communications,
theft of data and compromised safety of its IT environment. Therefore, the solution I offer to
them will be accepted as a means of solving their problems. As the solutions are being offered,
the workers will learn the important basic information that will help them boost their output in
the company [1]. Moreover, these solutions will go a long way in establishing better working
conditions for the workers who will receive the solutions (Devin, 2014).
Principle of public responsibility
The current risks that the company go through are many. This includes many uncertainties and
inconsistencies that are caused by hacking, unauthorized access and theft of the company data.
Therefore, the benefits of the solution are greater than the risks that are involved in working
under the conditions that they currently work [2]. Solving the issues that the workers are
subjected to will mean that the productivity and effectiveness in their place of work will increase
by a bigger margin (LEE E. PRESTON, 2012).
Principle of managerial discretion
The solution I have offered is ethically and socially responsible. This is because it involves the
key stakeholders of the company in solving the issues of the company. Also, the solution
involves a wide range of company workers and outside partners. This will help in offering
quality services to the company and hence improving the company service delivery [3]. This is
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based on the social responsibility of bringing people together and the ethical responsibility of
destroying the inconsistencies caused by unauthorized persons (Miller, 2011).
The processes:
Environmental assessment
I asked the right questions for the environment that I was assessing. This is because the people
involved had the right solutions for the questions that I had asked. Additionally, when verified, I
realized that the issues that the workers answered were the ones that were ailing them indeed.
Most of the exhibitions showed the reality of the concerns of the people in what they said.
Stakeholder management
I involved the right people in questioning them, this is because the workers were departmentally
divided therefore, I would visit every department one after the other. Additionally, none of the
workers struggled in answering their questions meaning the issues they talked about, they had
had personal encounters with them [4]. After personal verification of the answers given in the
specific departments, would realize the answers they gave had a real application situation in their
departments’ divisions (Russell Group, 2017).
Issues management
I was thorough in preparation of the questions to ask because they were logically ordered and
easy to communicate with the workers of the organization. The questions that were asked were a
true gave an in-depth reflection of the organization. From the information obtained, I can be able
to easily deduce the answer I need so easily. Additionally, the company workers and the
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departments were well covered so represent the larger part of the company operations and hence
a true reflection of the company would be easily known.
The outcomes:
Social Impacts
The soft wares and the services that will be applied to solve the problems of the organization will
help in benefiting the company. The current situation of the company is at stake due to many
issues that cripple its proper functionality. The soft wares will help in creating a secure IT
environment with a well-coordinated communication system and controlled manner of accessing
the company information that is key for its existence [5]. This will help in guaranteeing the
safety, consistency, and access to company information by the right personnel in an organized
manner (United Nations, 2019).
Social programs
The services and the soft wares that were used in solving the problems of the company, follow
the company policies and developed guidelines. These are the legal representations of the
company. These legal representations are in line with the law of the land. Therefore, the program
is relevant as a requirement to follow for legislation and compliance with the national law.
Social policies
The community under the company is situated needs help in terms of awareness and education
on how the companies run and how people can harness more from running of the companies [6].
Therefore, I would take my knowledge to the community for sustained training and continuous
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education to help in boosting knowledge as well as boosting my reputation and that of the
company. Supporting the community is a good investment to make as a way of enhancing
livelihoods and boosting their development and growth economically (bdc, 2019).
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References
bdc, 2019. Corporate social responsibility. s.l.:entrepreneur-toolkit.
Devin, B., 2014. CSR communication and legitimacy: An institutional and rhetorical
perspective. s.l.:Queensland University of Technology.
LEE E. PRESTON, J. E. P., 2012. Private Management and Public Policy: The Principle of
Public Responsibility. s.l.:STANFORD BUSINESS CLASSICS.
Miller, S. M., 2011. Managerial Discretion and Corporate Governance in Publicly Traded
Firms: Evidence From the Property—Liability Insurance Industry. s.l.:The Journal of Risk and
Insurance.
Russell Group, 2017. What is corporate social responsibility?. s.l.:The University of Edinburgh.
United Nations, 2019. What is CSR?. s.l.:United Nations Industrial Development Organization.
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