The Meaning of Corporate Social Responsibility
Overview:
The Meaning of Corporate Social Responsibility. The term “corporate social responsibility” has become a large part of everyday life in organizations large and small, for-profit and nonprofit. But how, if at all, does that change what this term means? Perhaps most importantly, what does it actually mean for a corporation or company to be “socially responsible”?
Scenario:
You have been recently hired as an HR executive for Global ProTech. You are aware that your expertise in and experience with CSR is the main reason you got the job. You have now completed your first major meeting with leadership where you were charged with clarifying a better understanding of CSR throughout the company. You have also been asked to assume the formal responsibility for helping to advance CSR as a new initiative.
To complete this Assignment, review the Learning Resources for this week and respond to the following key points in a 2- to 3-page academic paper. Create an operating definition of “corporate social responsibility,” i.e., one that can be understood and used by many levels of employees throughout the company. Explain what CSR does not mean (e.g., what misunderstandings may occur about its meaning within organizations).
Analysis:
Using the definition you created, analyze its connection to social change and sustainability. Review the Global ProTech mission statement, which you can find on the Global ProTech website under “About Us”. Using 2–3 internet resources, which you identify, review mission statements of other organizations in order to explain what a mission statement is. Share at least two examples that you believe effectively incorporate CSR. Amend the current Global ProTech mission statement by proposing a revision that incorporates language addressing the inclusion of CSR as a new component of the mission statement for Global ProTech.
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