Steps in Satisfying Stakeholders for CSR
Ruwan Bandara, Manager, Sri Lanka, Member
Step 1 - Engaging employees with purpose of CSR or social responsible work you are going to do. As ice breaking event you can do some work like go to elder home in community area and wash cloth, make food, etc for elder home by all staff. This minimizes internal politics and self or inner satisfaction of employees. This must be planned and executed by the entire team.
Step 2 - Ddefine how you project work help for environment. How far? How to measure?
Step 3 - Forecast realistic benefit for shareholders? How effect share price? How effect employee moral?
Step 4 - How does this benefit the end customers? How does this effect your suppliers?