CSR is the obligation that any organisation has to develop and implement its strategy with a positive awareness of how that strategy is likely to affect society. Your organisation can link its decision-making to a set of ethical values while complying with legal requirements and maintaining respect for how, as an organisation, it will or may affect the people within its wider stakeholder environment.
Why should it be your company’s strategy?
Your company’s decisions have an impact on the world and on people, there are ethical norms, behaviours, ethics and ethos and the manner in which employees are treated which are expected of your company.
“To achieve this, an organization needs to have a wide and conscious awareness of social issues and norms that are affecting society at any point in time.”
Recognising CRS and using it as a strategy is a commitment to contribute to economic development from within an ethical framework while seeking to improve the quality of life for your employees and their families, the local community and society at large.”
This does not mean that an organization will only operate from an ethical or moral dimension if it has a heightened sense of CSR. Likely, there will also be a competitive advantage to be gained from a perception by stakeholders that the organisation is operating ethically. The organisation will be seen as a good corporate citizen who chooses to do ‘the right thing’.
By Uduakabasi
The Sttewwards Limited 