Corporate social responsibility (CSR), also known as corporate conscience, is a strategy adopted by a company to influence and/or improve its society and stakeholders.
CSR is a company’s commitment to contribute to the common good and to address any possible social and environmental impact.
Today’s consumers no longer simply buy a product or service, but rather they buy a belief. They try to align themselves with a company that shares their values and with a good CSR, a company can achieve a lot of success.
Ben Nordman, the marketing specialist, of Obsidian Manufacturing will host the #USAMfgHour chat on Corporate Social Responsibility (CSR) on November 11, 2021 at 11:00 AM, Pacific Time on Twitter.
Topic: Corporate Social Responsibility (CSR)
Q1. What are stakeholders in any business? Who are some of your stakeholders where you work?
A stakeholder is anyone who can affect, or is affected by, the achievement of an organization’s objectives. There are three parties of stakeholders: internal, external, and the general public.
Q2. What is “Corporate Social Responsibility” defined as?
Corporate social responsibility (CSR) is a company’s obligation to make a positive impact on society beyond their normal business practices. It can be social and environmental.
Q3. What are some examples of things that could improve the community of said stakeholders?
Here are some examples:
- Women-workplace discrimination
- Green policy to decrease carbon footprint
- Literacy programs
- Business ethics (internal and external)
Q4. If your company has a CSR plan in place, who is responsible for it or who do you think should be responsible for it?
CSR policy is implemented as a company-wide project, as opposed to a departmental one, and is overseen by the board of directors. That is depending on the size of the company. If you’re a small company, like mine, it should be the owner’s
Q5. Does CSR only involve outward focused initiatives?
I don’t think so. The way I see it, what you do outside is just an extension of what you are doing inside how you practice your business, and how you take care of your employees, etc. There is no sustainability to your CSR if the inside is broken.
Q6. What do you think the outcomes of a CSR program are or should be?
The idea is that employees will be more productive, loyal, and engaged if their employer engages in CSR.
And there’s a study on that for #SME doing #CSR #USAMfgHour
Q7. Do you think corporations have an obligation to be socially conscious? Why or why not?
Frankly, I believe that everyone has an obligation to the society and has the capacity to contribute to make the world a better place. From that standpoint, if you re the owner of the company then it should carry over to your business, and the QUALITY of life of your employees.
If you’re an employee and your company does not do it, do it on your own.
If you are a U.S. manufacturer or if you champion U.S. manufacturing, chime in at our weekly Twitter chat by simply using the hashtag #USAMfgHour to get seen and be seen.
The chat officially starts at 11 a.m. Pacific Time.
You are welcome to share positive blog posts, helpful articles, news, important information, accomplishments, events, and more with other manufacturers and manufacturing champions throughout the country during the chat.
Also, would you like your company to get featured for one hour and get seen? Be a guest host.
Contact the U.S. manufacturers’ Twitter Chat Leaders:
- @SocialSMktg (Ruby Rusine) ~ Social Media Marketing Campaign & Services
- @Radwell_Intl (Julie Basello) ~ Manufacturing and Factory Automation
- @DanBiggerUSAMfg (Dan Bigger) ~ Plastics Manufacturing Company,
- @DCSCinc (Kirsten Austin) ~ Supply Chain Management Software,