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How to Measure the Impact of Corporate Social Responsibility (CSR)?
Suman Rao, Turnaround Manager, India, Member
If we keep in mind the Four Stages of CSR-implementation by Martinuzzi and Krumay (With a CSR-scope moving from Project ⇒ Quality ⇒ Strategic ⇒ Transformational), that makes me wonder how to assess the impact of the corporate dollars spent on CSR.
More particularly, how to assess whether CSR initiatives and investments are at all serving the (strategic/transformational/etc) objectives?
For example if a company has a choice between building a school and building a hospital, which one should it choose and why?
Appreciate any thoughts...
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Corporate Social Responsibility Accreditation
john stahley, Management Consultant, United States, Member The agency I work for is accredited through the American Correctional Association. Accreditation promotes improvement in the management of correctional agencies through the administration of a voluntary accreditation program and the ongoing development and revision of relevant, useful standards.
- Project Orientated: Staff prepared for ACA Audit for 6 Months.
- Quality Orientated: ACA renewal is every 3 years, Prison Rape Elimination Act brought new changes this review.
- Strategic: Information Sharing between institutions is enhanced, ie, lessons learned.
- Transformational: We are always moving from Good to Great, the triennial review aids in renewing employee awareness to laws and our corresponding responsibilities with implementation.
The ACA is a private entity, and enables our organization to assure the public that we are in compliance with all ACA standards and practices.
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Ismael Bena - MBA
