178x Filetype PPTX File size 0.09 MB Source: kesshroffcollege.com
Corporate Social Responsibility A way companies manage the business processes to produce an overall positive impact on the society A commitment to improve community well being through discretionary business practices and contributions of corporate businesses CSR model Ethical Responsibilities Need for CSR Iron law of responsibility Contented employees Contented customers Reduction in cost Well organized use of resources and power Long term future for the business Positive public image Avoiding Government Interference Strategies for implementing CSR Mission , Vision and Values statements Planned action adhering to actual performance Management Structures Long term strategic planning Overall accountability Employee Recognition and Rewards Education and Training CSR Reporting Green Management Also called Sustainable business and green business A concept where the organization has least negative effect on the global or local environment, community, society or economy The business that makes all efforts to meet the Triple Bottom Line (TBL)
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