Professional Documents
Culture Documents
Introduction
Corporate Social Responsibility (CSR) has become a most well-discussed trend, and significant
efforts have been exerted in promoting it within our environment. Reason being, Taran & Betts
(2015), p 55, it is an organizations successful manner of promoting escalating commitment
through financial donations to charities, social and environmental issues, etc. While CSR has
value by association, additional strategies are required and can be implemented through various
developmental efforts. These include incorporating human capital management, cost efficient
and effective initiatives (employee think tanks), and risk management (addressing foreseeable
challenges) into the organizational strategies.
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Taran & Betts, p 56, defines CSR as a companys actions that appear to further some social
good, beyond the interests of the firm and that which is required by law... Set-Pamies &
Papaoikonomou (2016), p 528, defines corporate sustainability as the application of sustainable
development on the corporate level that addresses the short and long-term economic, social and
environmental performance of corporations. Set-Pamies & Papaoikonomou, p 529, noted the
similarities of both CSR and corporate sustainability as they both share the same vision
(balancing economic responsibilities with social and environmental ones). Set-Pamies &
Papaoikonomou, p 529, also distinguishes between CSR and corporate sustainability asCSR
places more emphasis on stakeholders than corporate sustainability. Second, the temporal scope
of corporate sustainability is broader than the CSR scope CSR fits within the existing business
paradigm, whereas corporate sustainability is seen as a paradigm shift on the business-society
relationship. In our conceptual framework, sustainability can be analyzed as a continuation of
efforts which is defined by Polman & Bhattacharya (2016), p 36, as ... corporate change
initiatives (such as a transition to a sustainable business model).
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On Giving Days, there will be certain opportunities for employees to make donations for the
cause of choice, select the amount, the total fundraising amount will be accumulated, and then
the donation made to the organization. Additionally, this fundraising initiative can be extended to
include the employees networks including friends, relatives, parties, and affiliates. The
difference is that instead of relying on your organization and its personnel to manage the
collections and its recordkeeping complications, a customer relationship management (CRM)
module which is included in the fundraising platform (crowdfunding / crowdera). Marin, et al,
(2016), p 248, discussed the many forms CSR assume:...philanthropy, cause-related marketing,
environmental responsibility, and humane employee treatment..., as well as the motivations for
engaging in it, p 218 including economic and positive duty (values-driven and strategic). This
includes CRM where donors, gift amounts, contact information, and opt-in contact information
indicating if they would like to be including in regards to future events. The CRM module
includes disbursements of receipts by email as well any other information requested. Additional
information may be included such as a calendar of events, newsletters updating / detailing the
events and their progress. Once the target amount is reached, payment can be made to the cause
of choice. Along with the fundraising, the crowdfunding ability provides outreach and branding
capabilities including social media initiatives including blogging. This will accomplish Jamali, et
als (2015), p 127, ... CSR initiatives that are intended to improve the welfare of those in
society and also to contribute to organizations resources and competitive positioning
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While personnel will be required to create / manage the social media initiatives, your
organization can generate more interest and reach a greater audience than relying on employees
alone and their direct connections. When the various networks can make their donations directly
and receive their receipts, donations are likely to be higher and extend to supporters who may be
limited to future donations.
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key human resources management software and crowdera / crowdfunding platforms can address
the technological aspect.
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Define long-term
purpose
(7)Make
sustainability
for the company
(8)Creating
organization
(3)Create
knowledge
and competence
(4)Make every
employee a
champion
(5)Cocreate
sustainable
practices with
employees
(6)Creating
competition
among them
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selection for project management to make the determination of accept / reject and failure /
success processes and outcomes. Finally, ethics and intellectual infringement is a criminal
offence and must be addressed in advance, if it is proven that the processes / product
improvements result in patents and copyrights derived from stolen work products.
The technology required are an interactive human resources management system (customized or
other), and the intranet. For this process, the combination allows employees to get performance
feedback continuously and at times remotely, facilitating mentoring and development. Training
can be provided through archived distance education as well as live, grouped, scheduled training.
Additionally, professional development and continuing education may be required as strategic
knowledge and nonfinancial personnel accounting training is required, specifically for
benchmarking and metrics analysis and development. Basic accounting training is required to
impart knowledge transfer in the understanding of the bottom line concept: a stakeholder,
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participant, and benefactor, and this also helps in the accept / reject and failure / success criterion
processes.
Conclusion
Parks & Hilvers, p 12, describes organizational excellence and include organizational values as
vision and strategies cascaded throughout the organization and guide all work, actions, and
decisions. While social responsibility and sustainability are closely related and similarly requires
continuous ongoing efforts, their main differences are outcomes, initiatives, and implementation
efforts. Accurate identification, classification, and implementation of both classes of progress,
can create and maintain sustainable, cost effective, and cost efficient organizational change by
means of employee utilization, knowledge transfer, and increased employee commitment.
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