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Abdm 1073 Introduction To Organisation & Management: Group 1
Abdm 1073 Introduction To Organisation & Management: Group 1
Group 1
Teoh Ai-Wen
Toh Yee Oon
Teow Wendy
Teh Hong Yang
Teh Kah Seng
4.4 CORPORATE
SOCIAL
RESPONSIBILITY
(CSR)
EXAMPLE :
Ben and Jerry's, for instance, uses only fair trade
ingredients and has developed a sustainability program
for dairy farms in its home state of Vermont.
EXAMPLE :
Starbuckshas created its C.A.F.E. (Coffeeand Farmer
Equity)Practices guidelines, which are designed to
ensure the company sources sustainably grown and
processed coffee by evaluating the economic, social and
environmental aspects of coffee production.
I. CORPORATE
PHILANTHROPY
TYPES OF
CORPORATE
PHILANTHROPY
2 MAJOR
TYPES
Matching
Gift
Programs
Voluntee
r Grant
Programs
EXAMPLES:
-CEO Tim Cook becameApples head honcho in
April 2011 and almost immediatelyinstituted a
program to match employee donations. In the time
since, Apple hasmatched over $25 million worth
of employees donation.
EXAMPLES:
-In 1983, 200 Microsoft employeesraised $17,000
for non-profitsthrough the companys first
employee giving program. Microsoftemployees
have since donated over $1 billion to charitable
organizations.
Two primary
structures:
1. Donate a certain dollar amount per hour to an
organization where an employee volunteers
2. Once an employee volunteers for a certain number of
hours, the corporation will provide a donation to that
non-profit.
EXAMPLES:
-Walmart provides $250 for each individual in
EXAMPLES:
-Microsoft also offers a volunteer match program,
which began in 2005. Non-profits receive $25 per
hour when Microsoft employees volunteer for at
least four hours.
II. CORPORATE
SOCIAL
INITIATIVES
ropy
h
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a
il
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p
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f
o
s
m
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o
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d
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Includes enhan
cies
n
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p
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o
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s
y
mpan
o
c
e
h
t
o
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ela
More directly r
Money was
the first
priority that
we used to
donate and
help on the
victims.
f
o
d
a
e
t
s
n
I
Example 1
August
29,2005
Hurricane Katrina hit
Louisiana (U.S.)
One of the five deadliest
hurricanes
Many people were displaced
from their homes
Caused more than $100
billion in damage
Example 2
*Since 2005, 225 TNT employees have been involved in 17 emergency response activities*
GUIDING PRINCIPLES
Concentrate your CSR efforts.
Management time and resources are limited, so the greatest
opportunities will come from areas where the business
significantly interacts with.
GUIDING PRINCIPLES
Build a deep understanding of the benefits.
Finding symmetry between the two sides and being open
enough to understand issues both from a business and a
societal perspective.
GUIDING PRINCIPLES
Find the right partners.
Partnering is difficult, but when both sides see winwin potential
there is greater motivation to realize the substantial benefits.
III. CORPORATE
SOCIAL
RESPONSIBILITY
WHAT IS CORPORATE
RESPONSIBILITY?
SOCIAL RESPONSIBILITY IS AN ETHICAL FRAMEWORK AND
SUGGESTS THAT AN ENTITY, BE IT AN ORGANIZATION OR
INDIVIDUAL, HAS AN OBLIGATION TO ACT FOR THE BENEFIT
OF SOCIETY AT LARGE. SOCIAL RESPONSIBILITY IS A DUTY
EVERY INDIVIDUAL HAS TO PERFORM SO AS TO MAINTAIN A
BALANCE BETWEEN THE ECONOMY AND THE ECOSYSTEMS.
MINORITIES IN WORKFORCE
42% of its employees are from
minorities of race.
This is due to the corporation
hold on a concept of Employees
with different ways of thinking
and different ways of perceiving
our world are employees who
create innovative solutions. In a
business like ours, whose
lifeblood is fresh ideas, this
variety of perspectives is a
priceless resource and a key to
achieving critical business
results.
REUSE/REDUCE RATE
Xerox corporation achieve 96%
reuse and reduce rate
The corporation offered the
customer to replace the spoilt
part and the spoilt part is
repaired by the corporation.
Hence there is no need to buy a
new part for the spoilt.