Social sustainability is “identifying and managing business impact, both positive and negative, on people.” The quality of a company’s relationships and engagement will directly or indirectly “affect what happens to employees, workers in the value chain, customers and local communities” (Wynhoven). This definition focuses on the importance of sustainable relationships. It focuses on the social aspect, which can be good helping to determine what social sustainability looks like. The UN definition makes it clear that it is important to manage the corporation’s impact proactively so that employees, customers, and local communities all benefit from a corporation’s presence. BMW is an excellent example of a corporation that focuses on social sustainability.
We fulfill this mission by: • Maximizing positive economic impact, creating region-wide jobs and expanding business opportunities for the benefit of business stakeholders and the local community; • Generating event-driven tax revenue from out-of-town attendees to fund essential city services that enhance the quality of life for all San Diegans; • Serving as the region’s premier gathering place and hosting important community events; • Maintaining high ethical standards, being fiscally sound and giving back to the community; • Leading the industry in environmental and social responsibility by operating the building in an ecologically sound manner and contributing excess food, as well as select event materials, to local non-profit and charitable organizations; and • Providing our clients and guests with outstanding service, consistently exceeding expectations, and in a manner that secures future business and economic benefits for the destination." (Mission Statement,
Over the past few weeks I began to use the understanding we collected on elites to recognize the way in which cities are shaped. In the “There Goes the Neighborhood” book by William Julius Wilson and Richard Taub we saw the different neighborhoods that make up Chicago while in “Growing Greener Cities” by Eugenie L. Birch and Susan M. Watcher the idea of repairing ecological foundations was examined. The way that I tied these two texts together was through the manner that cities and neighborhoods can be made more favorable and beneficial. This strategy relates to the zero sum gain idea as the cities and neighborhoods look to better themselves over other cities to allow economic growth and become more attractive to residents for other cities. The one way I saw change in an area coming about was through the creating of greener cities.
Planning helps in ensuring that the organization can withstand and remain as an essential asset to the needs of the community and helps in providing an impact on the city tax base. A valuable business plan can also allow the company to look at ahead at its projected profits and loss to be able to give their shareholders the return on their investment. The business plan can be the measuring rod to how the company will perform from the inside and out. The plan will show the roles of all their employees and what will be required and expected of them and what they can expect in return from there employer. The supply and demand of a company needs to be looked at from a short-ran...
Corporate social responsibility is and must be applied because it is a strategy essential to a business that wants to succeed in this economy. Corporations have obligations to use their economic power and influence to protect worker welfare and address environmental issues because in the long run, it will be beneficial to the company’s growth.
The importance of CSR Nowadays, the high level of competitions within business leads to customers’ decisions. They make decisions not only based on company’s profit but also how much good a corporation is doing outside of the workplace and how they are positively impacting their community. Public imagine: If a company is heavily involved in the practice of donating funds or goods to local non-profit organizations and schools, consumers are more likely to use their product. Or if a corporation takes great care to ensure the materials used in its products are environmentally safe and the process is sustainable, this would be a better imagine for companies in public. Customer engagement: Using CSR can help your company engage with your customers in new ways.
Globally CSR is defined as a bond between government, corporations & local society. Far away, it illustrates a connection between the firm and the local society through which it exits and function (Crowther et. Al, pg 38). CSR is good for any business on various occasions. By performing CSR the corporation shows that they think about the environment and people more than it productivity.
Socially it will create a new business market with business partners and create “Smart Growth” which focuses on changing the atmosphere of the community and where everything is located (Bealocalist.org, 3). Lastly, a restaurant must abide by certain government regulations because it will have to follow certain rules and regulations that will have to be approved by the health department. Opening a restaurant will have a positive and lasting impact on the community as long as restaurant owners abide by the legal requirements and adapt to the community. A new restaurant will benefit a community from an economical perspective because it will allow the flow of money to go from the people to the restaurant and then through taxes. These taxes will be put back into the community which will then be used to make the society better which in turn will help the people.
Telecommuting demonstrates its possibility of longevity in the work world. Extending telecommuting to employees will assist in the reduction of traffic problems and environmental concerns in Atlanta and its surrounding areas. These reductions include traffic on Interstates 85 and 285, along with better air quality for those living close to heavy traffic. The minimal opposition on telecommuting, related to safety and health secures its success. Including telecommuting with other lifestyle changes that have positive impacts on the concerns many people have for the city of Atlanta can have huge benefits for the future and present residents.