Right thinking organisations understand that their operations and the societies in which they conduct their business are in a symbiotic relationship. Hence, they see Corporate Social Responsibility (CSR) as core to their business existence because a company is only as successful as the communities where it operates.
Based on responses from close to 500 CSR managers, consultants and NGO professionals in Asia, the report gives an insight into those industries employing sustainability managers and their salary, responsibility, hiring practices and budgets. For the second year running we asked those in the profession which companies they most admired.
Over the years, CSR activities have been a vital component of the business strategy for large companies that spend millions of dollars every year on it. But now, startups too are realizing the advantages of associating themselves with the right social or environmental causes to boost their own prospects.
Academic studies show that building an appropriate reservoir of positive corporate responsibility can help insure against the effect of future bad CSR news on stock performance. But new research shows that investors’ negative perceptions of corporate irresponsibility can also be mitigated with the same-day release of positive CSR news.
As business leaders, we need to understand and appreciate our newest generations in order to attract and retain them. My daughter is a millennial. Recently I asked her when she uses email, and she stated matter-of-factly: when she has to talk to old people. Keeping this in mind, I’ve found these strategies to be especially …
3 Ways to Stop Millennials From Fleeing Your Company Read More »
