How to Measure the Impact of Corporate Social Responsibility (CSR)?


 
Corporate Responsibility > Best Practices Log in

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......Sign up
 

 
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...Sign up
 

 
Behavioral Scales for Corporate Social Responsibility
Charles P. Keith, Management Consultant, United States, Member
I especially like the stages as described by Anneke and its link to competitive advantage. These stages are
 

 
Behavioral Scales for CSR
Tom Wilson, HR Consultant, United States, Member
@Charles P. Keith: Good idea, Charles, give it a go. You seem to have something in mind....Sign up
 

 
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...Sign up
 

 
School or Hospital? The Equity Concept
Suman Rao, Turnaround Manager, India, Member
@John: linking the dilemma to forward thinking has a lot of merit indeed. In sustainable development (an objective o...Sign up
 

 
School and Hospital?
Charles P. Keith, Management Consultant, United States, Member
@Suman Rao: I find it interesting that the question is posed as an "either/or" proposition rather than "both/and". A...Sign up
 

 
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...Sign up
 

 
Seed Capital as a Transformational Constraint
Tom Wilson, HR Consultant, United States, Member
@Charles P. Keith: You have made exactly my point regarding designing a transformation process as a venture capital ...Sign up
 

 
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.
 

 
Rationalize the CSR Decision
Charles P. Keith, Management Consultant, United States, Member
@Suman Rao: Let's ensure the question of either a hospital OR a school does not become an academic discussion. As yo...Sign up
 

 
Philanthropy is a Valid Investment Strategy
Tom Wilson, HR Consultant, United States, Member
@Suman Rao: You got my point exactly. In general, the instrumental community is better served to approach the stakeh...Sign up
 

 
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 ...Sign up
 

 
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...Sign up
 

 
Philanthropy is a Valid CSR Investment Objective
Charles P. Keith, Management Consultant, United States, Member
Suman, you make a valid point regarding government pressure (or even cultural pressure) for "for-profits to contribute into CSR related activities. If...Sign up
 

 
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...Sign up
 

 
 


Special Interest Group Leader
Ismael Bena - MBA
Management Consultant

Corporate Responsibility
Summary
Forum

Best Practices
Expert Tips

Resources



About 12manage | Advertising | Link to us / Cite us | Privacy | Suggestions | Terms of Service
© 2018 12manage - The Executive Fast Track. V15.0 - Last updated: 19-12-2018. All names ™ of their owners.