corporate social responsibility gbenga oluwabamise
DESCRIPTION
A new perspective on corporate social responsibility. CSR is not just the responsibility of corporate organisations, but something we all ought to demand.TRANSCRIPT
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Corporate Social ResponsibilityTheir Business or Our Business?Gbenga Oluwabamise 2013
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To most people, CSR simply means giving back
• Giving to indigent individuals and communities
• Planting trees at roundabouts
• Patching potholes all over the place
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What does CSR really mean?
It’s a form of corporate self-regulation integrated into a business model.
CSR policy functions as a built-in, self-regulating instrument through which a business monitors and ensures its active compliance with the spirit of the law, ethical standards, and international norms.
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CSRThere are three basic
forces that drive
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Risk managementCompliance to mitigate operational risk and impact
Value CreationEnsuring the customers get the right value for their money.
Corporate philanthropy Giving back to the society
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Corporate Social Responsibility is way beyond
giving handouts while corporate organisations shirk their responsibilities to customers, operating environments and society at large.
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It is about companies doing the right things by...
-ensuring the right standards are maintained
-showing love and respect to their Operating environment by complying with global safety standards.
-giving back to the society with a genuine motive
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So what have all these got to do with us?
• As a corporate organisation, we need to understand and stay committed to our responsibility towards our consuming publics.
• As consumers and members of the ecosystem; we need to actively keep
organisations on their toes by demanding our rights and ensuring
they comply with global standards in every way.
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Moral of the story
“Any business that makes nothing but money is a poor kind of business”
The overriding motivation of business organisations should be to make a difference
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Final curtain call
“If you can, help others; if you cannot do that, at least do not harm them.”
Dalai Lama XIV
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Shukrani nyingi