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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 corr...
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To Build a School or a Hospital?
john stahley, Management Consultant, United States, Member The answer depends on trending demographics, infrastructure age, private and public interests as it relates to investment. The trend in the U.S. is to...
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School and Hospital?
Charles P. Keith, Management Consultant, United States, Premium Member @ Suman Rao: I find it interesting that the question is posed as an "either/or" proposition rather than "both/and". A...
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School or Hospital?
Suman Rao, Turnaround Manager, India, Member Charles your point on "What do we build and in what order do we build it" is indeed a very objective way of looking at CSR. We are of course discussin...
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Seed Capital as a Transformational Constraint
Suman Rao, Turnaround Manager, India, Member Tom, your point on the need to define the mission of the project is well made. In general this holds for investments such as schools and hospitals.
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Rationalize the CSR Decision
Charles P. Keith, Management Consultant, United States, Premium Member @ Suman Rao: Let's ensure the question of either a hospital OR a school does not become an academic discussion. As yo...
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Philanthropy is a Valid CSR Investment Objective
Suman Rao, Turnaround Manager, India, Member Tom, I'm glad you brought the important points of stakeholders & dynamic capitalism (parable of talents). I think what distinguishes a CSR investment ...
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Philanthropy is a Valid CSR Investment Objective
Suman Rao, Turnaround Manager, India, Member Charles, good post! In some countries, it is (becoming) mandatory for “for-profit” companies to spend a % of their profits in CSR. That being so, it i...
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Philanthropy is a Valid CSR Investment Objective
Charles P. Keith, Management Consultant, United States, Premium Member Suman, you make a valid point regarding government pressure (or even cultural pressure) for "for-profits to contribute into CSR related activities. If...
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Philanthropy as a Valid CSR Investment Objective
Suman Rao, Turnaround Manager, India, Member Charles very true. The balance is quite important. Just because one is an environment enthusiast, one does not relish being paid a visit by a dark sna...
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Ismael Bena - MBA
