The article discusses how despite Zimbabwe's struggling economy, companies can still engage in corporate social responsibility (CSR) activities to benefit their communities. While many companies have cut costs and focused solely on survival, CSR is a public relations tool that can help companies maintain goodwill with communities and gain their support. The article suggests that PR departments should promote CSR to remind communities of companies' social obligations and revive practices like supporting health, education, and local development projects. A few companies in Zimbabwe are still actively using CSR, showing it remains a viable way for businesses to demonstrate corporate citizenship even in difficult economic times.
CSR is an extended model of corporate governance based on the fiduciary duties owed to all the firm's shareholders.
CSR is about how companies manage the business processes to produce an overall positive impact on the society.
CSR is an extended model of corporate governance based on the fiduciary duties owed to all the firm's shareholders.
CSR is about how companies manage the business processes to produce an overall positive impact on the society.
Samhita launched a landmark report on corporate social responsibility (CSR) supported by The Rockefeller Foundation. This study was conducted to ascertain the current state of play of CSR, key challenges and opportunities and the ‘calls-to- action’ that can make the vision of the Companies Act, 2013 a reality.
Samhita launched a landmark report on corporate social responsibility (CSR) supported by The Rockefeller Foundation. This study was conducted to ascertain the current state of play of CSR, key challenges and opportunities and the ‘calls-to- action’ that can make the vision of the Companies Act, 2013 a reality.
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Question 6 Community advisory councils can play an important role.docxwraythallchan
Question 6: Community advisory councils can play an important role in the search for social legitimacy. What are a few observations of what needs to be done to get the most out of a community advisory council and what can and cannot be accomplished or expected from such a council?
Please use the below lecture note to guide your response. Minimum of 2 academic references and 1 data for appendix, it could be a graph or table or piechart (2 and half pages NOT double spaced).
The Community _and the Corporation
A strong relationship benefits both business and its community. Communities look to businesses for civic leadership and for help in coping with local problems, while businesses expect to be treated in fair and supportive ways by the community. As companies expand their operations, they develop a wider set of community relationships. Community relations programs, including corporate giving, are an important way for a business to express its commitment to corporate citizenship.
This chapter focuses on these key learning objectives:
• Defining a community, and understanding the interdependencies between companies and the communities in which they operate.
• Analyzing why it is in the interest of business to respond to community problems and needs.
• Knowing the major responsibilities of community relations managers.
• Examining how different forms of corporate giving contribute to building strong relationships between businesses and communities.
• Evaluating how companies can direct their giving strategically, to further their own business objectives.
• Analyzing how collaborative partnerships between businesses and communities can address today’s pressing social problems. Whole Foods Market is a natural foods retailer with stores in many communities in North America and the United Kingdom. Founded in 1980 in Austin, Texas, the company believes that its business “is intimately tied to the neighborhood and larger community that we serve and in which we live.” Whole Foods donates 5 percent of its net profit to charitable causes and operates two foundations focused on animal welfare and rural poverty. Each of the company’s 184 stores hosts a community day three times a year, with 5 percent of the day’s total sales revenue contributed to a worthy local nonprofit organization. Whole Foods also gives its employees 20 paid community service hours for each 2,000 hours of work (about half a week per year). Employees have been involved in a wide range of service projects, including organizing blood donation drives, raising money for breast cancer research, developing community gardens, renovating housing, and delivering “meals on wheels.”1
One of the leading financial institutions in the world, ING has operations in more than 50 countries. Based in the Netherlands, the company provides insurance, banking, and asset management services throughout Europe, with a growing presence in the Americas and Asia. Recognizing that the needs of the many co ...
[Overview] Barriers and Opportunities at the Base of the Pyramid - The Role o...Dragoș Tuță
As part of its mandate to guide and define the role of the private sector in poverty reduction and inclusive development, the UNDP Istanbul International Center for Private Sector in Development (IICPSD) produced the “Barriers and Opportunities at the Base of the Pyramid” foundational report. Developed by an interdisciplinary team of 18 leading poverty experts, the report leverages an ecological approach to understanding barriers to poverty reduction. The report presents poverty as a complex web of accumulating and interacting disadvantages facing people living in poverty, which in turn, sustain and perpetuate a life of socioeconomic exclusion. The barriers are clustered into five broad categories: Early Developmental Barriers, Health Barriers, Skill Barriers, Social Barriers, and Decision-making Barriers.
Corporate Social Responsibility is a concept whereby companies integrate social and environmental concerns in their business operations
CSR is the responsibility of corporations to contribute to a better society and cleaner environment
1. HERALD ARTICLE-6 August
Zimbabwe industry can still utilize social responsibility
The current Zimbabwean economic climate has reduced corporate business activities from a
sense of business affluence to survival. The country’s community of individuals, entrepreneurs
and the industry, at large, has now adopted a “survival of the fittest” approach in order to remain
afloat.
What it means is that, the corporate world has put aside their normal way of operating which
included supporting their host communities and showing good will gestures to their publics. The
theme for most companies is now survival, survival and survival.
And one can not blame them bearing in mind the retrenchment and job losses’ wave that has
swept through the country in the last month.
However, the corporate world can still operate normally despite the country’s economic
challenges. The industry can still afford to give back to the community and proffer good will
gestures where it is required through corporate social responsibility activities.
Corporate social responsibility (CSR) is a public relations tool used to win the hearts of the
community in which a company operates by giving back to the community as appreciation and
incentive to co-habit together harmoniously, as both can not do without each other.
The company needs the citizens for support and business growth and progression whilst the
citizens or community benefit from the business activities of the organization. Therefore, the
CSR is a corporate good will gesture within a community in which an entity continually shows
its commitment to business by behaving ethically and contributing to economic development and
improving the quality of life for the local community and society, at large.
The corporate world commitment to CSR is a clear behaviour of corporate citizenship by
organizations. And the public relations departments of companies have to carry this burden of
corporate citizenship for today’s business players.
Zimbabwean companies can still carry the burden of corporate citizenship by appreciating
CSR. Krause (1977) offered two options of CSR in which organizations are caught up which are
- no corporate charity or altruism and the entrepreneurial attitude. The former does not prioritize
organizational obligation to supporting communities with good will gestures, while the latter
reflects on the entrepreneurial attitude of business and its involvement with social, economic and
political questions of the industry and society.
2. With the current economic wave sweeping across the country, it seems the Zimbabwean
industry has warmed up to Krause’s first option of “no corporate charity or altruism” where it
side steps CSR. The issue of CSR is fast becoming archaic and may be completely eradicated
from the system due to the harsh economic environment which has seen rampant closure of
companies including big corporate players like CAPS Holdings that used to cherish CSR.
The few surviving companies can not prioritize CSR at the expense of survival and
sustainability as they have wage and salary bills, as well as other operational costs to fulfill. But
this is an opening window for the PR practice to highlight its relevance in the country’s industry.
Organizations can take this opportunity to use PR to invoke their corporate citizenship by
reviving CSR. PR can still take the country’s industry back to the time when it used CSR to
contribute towards employee health, educational advancement, transport, housing and improved
livelihood.
PR can still remind the community of organizational social obligation using CSR to support
the areas of health, welfare, civic and cultural programmes in the communities they operate. PR
can still revive the good will gestures of such companies as Econet Wireless Zimbabwe using
CSR through its Capernaum Trust and the Joshua Nkomo Scholarships for the vulnerable
exceptional children.
PR can also take the corporate world back to the good old days where companies like Mimosa
and Zimplats played a critical role in their communities fighting the HIV and AIDS pandemic
using the special tool of CSR. Some entities would go as far as constructing clinics, hospitals,
schools, sinking boreholes and even donating food hampers to children and old people’s homes.
While companies are now operating on shoe string budgets and making losses it is not all
gloom for organizations to exercise their corporate citizenship. The PR tool of CSR is still in use
in a few organizations like Econet Wireless Zimbabwe, Lafarge, Unki Mine and a number of
wholesale and retail chain supermarkets which are still embroiled in corporate social
responsibility.
Unki Mine and Mimosa are currently playing critical roles in the country’s health sector
adopting wards in hospitals and contributing to upgrading of health facilities.
Therefore, while the industry is operating in this harsh economic landscape it is not all doom
and gloom but organizations can be proactive by instituting the PR practice to invoke its CSR
tool to co-exist and create an economic rapport with community, publics and society, at large.
The current economic trend unveils a window for PR to manifest corporate citizenship for
organizations using the corporate social responsibility tool. Hence, it is not all bleak for the
corporate world but can still utilize the corporate social responsibility to enhance their co-
existence within the communities they are operating in.
3. • This article has been inserted by the Zimbabwe Institute of Public Relations. For
feedback, comments and inquiries on the work of ZIPR, please email zipr@mweb.co.zw .