In your role as the new HR executive at Global ProTech hired to help advance the CSR vision for the organization, you have been working on a proposal for what CSR should look like at your organization.
However, in order to be truly satisfied with your work, you have continued your research and your assessment of the organization and have examined how other organizations have effectively conceptualized CSR. In other words, your vision of what Global ProTech needs to do is continuing to evolve.
To complete this Assignment, review the Learning Resources for this week and respond to the following key points in a 3- to 4-page academic paper; refine your proposal for what CSR should look like at Global ProTech.
Explain how you will draw from the stellar examples in the assigned resources to revision your thinking about CSR in your organization.
Note elements you left out or opportunities you overlooked in your previous vision.
Write the vision statement for CSR at Global ProTech that could advance valuable initiatives fundamental to the company’s contribution to a sustainable future. i.e., being able to sustain this effort over time. Keep in mind that through your vision statement, you will paint a picture with words for the goals of the CSR initiative at Global ProTech.
Analyze the potential impact of this vision, if realized, on both its internal environment (i.e., its operations, its employees, its success) and externally (i.e., the industry, communities, worldwide initiatives).
Corporate social responsibility (also known as CSR) is a term used to describe a company’s efforts to improve society in some way. These efforts can range from donating money to nonprofits to implementing environmentally friendly policies in the workplace.
CSR impacts companies, nonprofits, and employees alike. Corporate social responsibility is not a mandated practice in the United States; instead, it is something extra that companies do to improve their local and global communities. This means that the general public can be impacted by CSR as well when they get to reap the benefits of companies’ do-good efforts.
The purpose of corporate social responsibility is to give back to the community, take part in philanthropic causes, and provide positive social value. Businesses are increasingly turning to CSR to make a difference and build a positive brand around their company.
Individuals make up roughly three-fourths of an organization’s total monetary contributions. CSR initiatives can help nonprofits make up that leftover 25% after they’ve looked to individual donors. CSR also encourages corporate volunteerism in the communities where employees live and work.