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Nature and concept of corporate social responsibility
Nature and concept of corporate social responsibility
Nature and concept of corporate social responsibility
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What is Corporate Social Responsibility? As characterized by investopedia the saying “Corporate Social Responsibility” states that, corporate activity to survey and assume ownership over the organization's impacts on nature’s turf and effect on social welfare. The term by and large applies to organization deliberations that go past what may be needed by natural assurance bunches”. (Definition of Corporate Social Responsibility – CSR, n.d) CSR may also be said to as "corporate citizenship" it is a business’ concern for welfare. It conjointly involves sustaining short prices that do not provide an immediate mazuma profit to the corporate, however instead promotes affirmative gregarious and environmental modification. It is considered as a method to induce, engender and maintain the positivism of the organization’s notoriety and brand images. (European Commission. n.d) (II) How could this impact the Organizational conduct of ‘Breadtalk’? As per investopedia Organizational behaviour is, “The investigation of the way individuals communicate inside gatherings. Ordinarily this study is connected trying to make more effective business associations. The focal thought of the investigation of authoritative conduct is that an investigative methodology could be connected to the administration of laborers. Authoritative conduct speculations are utilized for human asset purposes to boost the yield from individual group members” (Definition of 'Organizational Behavior - OB', n.d) Breadtalk not only solely became a particular family complete within the world, they additionally owned businesses in China which they have observed in the CSR programme throughout the foremost distant and deadliest earthquake – the 2008 Sichuan earthquake on ... ... middle of paper ... ... Differences,” Organizational Dynameics 24 (Summer 1995): 39-55 7. David Rodeck, Demand Media (n.d.). What Practices Could You Implement to Increase Cultural Sensitivity & Acceptance in the Workplace?. Retrieved May 27, 2014, from http://smallbusiness.chron.com/practices-could-implement-increase-cultural-sensitivity-acceptance-workplace-16661.html 8. ceUnit(n.d). Cultural Competency and Diversity. Retrieved May 27, 2014, from http://www.ceunit.com/ceus-CulturalCompetenceandDiversity 9. Smith,E. (n.d). How to Promote Cultural Sensitivity in the Workplace Retrieved May 27, 2014, from http://www.ehow.com/how_7662767_promote-cultural-sensitivity-workplace.html 10. European Commission. (n.d.). Coporate Social Responsibility (CSR). Retrieved May 27, 2014, from http://ec.europa.eu/enterprise/policies/sustainable-business/corporate-social-responsibility/index_en.htm
Employees require exposure to and training of the different multicultural aspects such as appropriate greetings, celebrated holidays, and traditional customs. “Companies with a diverse multicultural workforce tend to rely on workshops to develop knowledge management skills among people from different backgrounds” (Maham, 2013, p. 1094). Training and education should comprise of universal internal and external awareness and sensitivity; along with individualized cultural needs of the
As stated before this initiative must be continued in order to benefit current employees and future employees. This translates into current and future success of the organization if the initiative is administered correctly. The development of a cultural competence foundation for managers and their millennial employees must be built on. The desired end result is attaining cultural competence throughout the entire organization.
Culture and Diversity training course should be a part of all organizations and implemented at all levels. Organizations that participate in this type of training offer themselves and their employees many benefits that would be evident daily. Awareness is paramount to attaining set goals and objectives in creating a diverse workplace that thrives with morale and respect for others. However, this type of training should be implemented and enforced from the leadership of these organizations to the junior employee to be effective. Employees are more likely to embrace training that is important to their boss than not. This essay will elaborate on the importance of a Culture and Diversity training course in the workplace, the legal and ethical implications, demographics, standardizations and recommendations of this training course to be globally implemented.
The workforce of America is more diverse than it has ever been. White male upper class men no longer solely dominate companies. Women, people of color, and other minority groups are now rising in the ranks and demanding change. How can one know all the ways to manage such a diverse group of employees? Through a variety of ideas, experiments, and attempts, leaders across the nation are looking for solutions to this answer. Not only are people coming from different ethnicities, we are also experiencing a great influx of workers from nations all across the globe. To keep the level of job satisfaction high, workers must be able to feel comfortable in their workplace environment. It is almost impossible for a person to know everything about all cultures and be aware of what may or may not offend a person from a different ethnic group. What must be done is to teach cultural awareness and diversity training. Basically what I have discovered in reading the journal articles is that there is no one right way to run a company but there are definitely ‘better’ ways when it comes to cultural sensitivity in the workplace. As I continue my research, I am looking to find what some of the most effective ways to manage a culturally diverse workplace. Some of the issues that I am coming across are related to gender, race/ethnicity, communication patterns, and power struggles. I feel this subject is very relevant to our course because as we focus on management and human relations, we must take into account the humans that we are managing. Even if we just look at the diversity of our class we see how different our perspectives can be. To be an effective manager in this day and age, cultural diversity issues must be given serious consider...
As a manager, I would also ensure that cases of disrespect caused by cultural differences are handled with urgency and that the perpetrators serve as an example to others in the organization. Handling cases with urgency and solving such problems as soon as they arise is key to establishing a diverse workforce where everyone feels accepted and a part of the organization.
Corporate Social Responsibility (CSR) is the way a corporation achieves a balance between its economic, social, and environmental responsibilities in its operations so as to address shareholder and other stakeholder expectations. In general, when firms hold this wider encouraging role on the public by being engaged with stakeholders, a variety of profit can be produced for both company and the stakeholders. A key inclination is the combination of Corporate Social Responsibility (CSR) into the organization strategy, culture, mission and communications. By incorporating corporate citizenship into the company it is no longer an additional “nice thing to do” or something made to obey laws or regulations. Instead, corporate responsibility has become something business leaders and workforce want to engage in, frequently because executives who believe in the long-term see business profit. The four types of social responsibilities a...
This document will explore what a company can do to foster diversity in the workplace. The business case highlights the development and implementation of organizational initiatives that could:
In recent years, companies are becoming socially responsible and now stakeholders almost expect a company to have CSR policies. Therefore, in twentieth century, corporate social responsibility (CSR) became an important development in public life (Barnett, ND).Corporate social responsibility is defined as “the ways in which an organisation exceeds the minimum obligations to stakeholders specified through regulation and corporate governance” (Johnson, Schools and Whittington, N.D cited in March, 2012). Stakeholders can be defined as “those individuals or groups who depend on the organisation to fulfil their own goals and on whom, in turn, the organisation depends” (Johnson, Schools and Whittington, N.D cited in March, 2012). There are many purposes for this essay, the first purpose is to descried the key principles of corporate social responsibility and explain their importance for stakeholders. Secondly, is to show how far this company follows those principles in order to be accountable to at least three of its stakeholders. In this essay, three stakeholders, environment, customers and employees will be evaluated respectively and the key principles of the stakeholders will be examined.
Barak, M. E. (2005). Managing diversity: toward a globally inclusive workplace. Thousand Oaks, Calif.: Sage Publications.
Today’s management in the workforce is composed of all types of people verses thirty years ago when white males held a majority of upper-management positions in companies. These positions are now held by a mixture of ethnic back grounds and women who hold just as many if not more management positions then men. Just by looking at the changes in management demographics shows how important it is for people to understand cultural competency in the workplace. Dr. Roosevelt Thomas Jr. (1999) stated, “Diversity is the collective mixture of whomever we have in our workforce characterized by their differences and similarities” (p.11). Managers and supervisors must understand the characteristics of a diversity mature individual; they also need to be able to articulate the differences between affirmative action, managing diversity, understanding and valuing diversity to build skills that transforms awareness into productive and supportive workplace behaviors.
Miller, K. (2012). Cultural Approaches. In Organizational communication: Approaches and processes (6.th ed., p. 81 to 93). Boston, Mass: Wadsworth, Cengage Learning.
The classical view of CSR is a prominent ideology which business organizations are seen merely as profit-driven organizations. Simply put, businesses work for the sole purpose of making a profit. Thus, this profit motive is the sufficient and unique social identifier that separates a business organization from other institutions in society. These business organizations have a limited, yet essential role in society. Social concerns are considered important, but businesses, in the classical view, are focused solely on the economic activities and are judged accordingly. By having a limited role in society (i.e.,...
To address diversity issues, consider these questions: what policies, practices, and ways of thinking and within our organizational culture have differential impact on different groups? What organizational changes should be made to meet the needs of a diverse work...
While the concept of an individual having responsibility is commonly recognized, modern views have lead to the emerging issue of corporate responsibility. Business Directory.com defines corporate social responsibility as, “A company’s sense of responsibility towards the community and environment (both ecological and social) in which it operates. Companies express this citizenship (1) through their waste and pollution reduction processes, (2) by contributing educational and social programs, and (3) by earning adequate returns on the employed resources.” But such a concept has been much disputed since at least the 1970’s.
Corporate Social Responsibility is an organisation’s obligation to serve the company’s own interest and the one’s of the society. Moreover, Corporate Social Responsibility has a definition of a concept where the companies integrate social and the environmental concerns into their own business operation and also on a basis of voluntary with their interactions they have with the stakeholders. Corporate Social Resp...