Corporate Social Responsibility Assignment Example | Topics and Well Written Essays - 2750 words

Corporate Social Responsibility - Assignment ExampleSocial concerns basically focus on the issues in which the business affects the society. It is also referred to as social justice, under it the people, societies and close are accounted for, they are protected through various social programs such as native lands, esurient lending and other forms of corporate hoarding (SRIplanner, 2011). Governance, or Corporate Governance, is non a widely know concept however it is of major significance. It refers to the manners and ways in which a corporation is managed, incorporating issues such as transparency, executive compensation and general decision making. Hence, it reflects on how well the firm is including CSR in its policies and abiding by them (SRIplanner, 2011). 1.2. Discuss the links between an organizational Corporate Social Responsibility strategy and the organizations internal stakeholders. The stakeholders of a business are a crucial determinant of the advantage of any CSR st rategy. The stakeholders of a business can be categorized into two broad categories of internal and outside stakeholders. This section focuses on the internal stakeholders and their link with the organization CSR strategy. The internal stakeholders of any business include the shareholders, the visitors and the staff/employees of a business. Their interlocking in the entire strategy is a key factor for attaining success, for if the key departments or staffs do not understand the program, then they would not support it enthusiastically, therefore an error in dialogue with internal stakeholders or lack of their involvement can bring down the entire CSR strategy by making it wonky from the inside. The components from which the staff operates should show that the firm is...The stakeholders of a business are a crucial determinant of the success of any CSR strategy. The stakeholders of a business can be categorized into two broad categories of internal and external stakeholders. This section focuses on the internal stakeholders and their link with the organization CSR strategy. The internal stakeholders of any business include the shareholders, the visitors and the staff/employees of a business. Their participation in the entire strategy is a key factor for attaining success, for if the key departments or staffs do not understand the program, then they would not support it enthusiastically, therefore an error in communication with internal stakeholders or lack of their involvement can bring down the entire CSR strategy by making it weak from the inside. The offices from which the staff operates should show that the firm is environmentally friendly, the policies related to social endeavors should be hung most the workplace to depict importance, and the CSR efforts should be made public and transparent so that the employees and the people visiting the office can feel that they are connected to a firm that takes up responsibility and accounts for its actions. Whe n the employees feel dangerous about the place they work in, there would be lesser employee turnover and increased job satisfaction, and since demand leads to increased productivity and growth, it is a positive sign for the business.