Promise of Corporate Social Responsibility

Question: Discuss about the Promise of Corporate Social Responsibility. Answer: Introduction: Corporate social responsibility is the ongoing dedication to behave in an ethical manner towards contribution of development while demonstrating respect and decorum among people, communities, society and the ecosystem at large. CSR thus refers to global partnership with environmental factors towards building sustenance. Many firms and organisations are putting their CSR policies in order to create an eco friendly environment for both their service and the people they live with, (Salb, 2011). The computer industry is not left behind in this process of corporate partnerships. They have come of edge with adequate tools, training and talent in making a lasting impact in the society. Computer technology industry van be tapped to increase profit margins, workplace enhancement, creating adaptations for disadvantaged employees, offer educational opportunities that pushes the profit margins and improving business ethics and creating a positive impact in the society, (Friedman, Hershey Linder , 2011). The technology hub that RR computer solutions are developing is anticipated to be welcomed in the community of establishment. A stakeholder involvement will be established in order to bring on board the community gate keepers to be involved actively so as to feel they are part of the solution the IT Company is going to initiate. The company will get the permission to operate such a business from the relevant in line department of the state and the community. A business permit will be obtained prior to initial opening up of the business. Prior to these a community entry point should have been done in order to earn the societal acceptance. The RR organization will be able to organize itself in a way that they are able to solve their problems effectively. The problem solving techniques will be initiated where issues arising will be dealt with accordingly through the available levels effectively and through the departments and discipline committee established in the organization. The managers in charge of the various should come up with ethics code of conduct to guide the staff on how to behave in the organization. The senior staff should be able to be key role models in working professionally and ethically while at job. Maintaining high decorum and respect is vital for the senior staff in order for the junior staff to be role models. Environmental assessment Prior to implementation of the project, RR organization should have been able to a conduct an environmental impact assessment audit, to know the risks associated with project and how it might affect the environment. In case the environment is not friendly the assessment gives a breakthrough on how to go about it and solutions to it. The firm has to demonstrate the ability to make profits and behaving in an environment friendly manner, through green initiatives. For the project to be successful, involve all the stakeholders relevant to the project. When it comes to jobs, always a slot for the local community should be considered in this way they feel that they are part of the process. Improving the academic levels around through schools is the common way of that the firm will have adequate, dedicated and competent employees. IT firms initiative always go a long way in helping local business and schools. They provide training, offer computer studies and internships for students. Corporate social reporting will always be key to successful stakeholder management, collaborative team approach will be used and studies have shown that firms with greater corporate social strategy often experienced high turnover in gross profits, hence the more the firm will invest in CSR the high the profit margins to be gained over time. The firm will ensure a proper problem solving channel is created, issues will always be there, but the proper way of solving them should be clear in order to avoid confusion and lack of direction. The top management should be able to know how to solve crises and how issues should approached especially when employees and clients are involved. Outcomes of cooperate behaviour Good SCR, should be able to strengthen business ethics. Ethics should start with the top management. IT has the tacks of making the company go down or progressively. The mission of the firm should outline how it is going to meet the needs of the environment, society, employees, customers, local community and government if present/ rule of law. Giving customers high quality products ensures gaining of confidence on what your are doing. The firm will firm policies and guidelines established to chart way forward. Mission, vision and objectives should be aligned together to offer the sense of direction. The CSR charter and the service charter should be well elaborated and instilled in the employees so as they become part of the process of firm. Rules and regulations should be well elaborated and followed to the latter to ensure standards are nor compromised. The values of the firm need to be instilled on the employees and staff in order to have a unified team approach. The code of conduct for the firm will always be followed through the laid down procedures. The internal legal office should be created to offer advice on legal matter that may arise or even in the conduct employees do while at the job place. Business ethics informs the basis of corporate values and culture. There needs to be the agreed norms and values which should be shared across all employees. Worldwide currently IT governance has been the approach that most organisations are geared towards on. The IT governance establishes principles that ensures effectiveness, efficiency and acceptance on the use of IT, this principles include; responsibility on the part of the firm in being responsible for its clients, employees and the community, strategy on increasing the sales ratio of the firm and marketing the firm ,acquisition of knowledge and expertise of doing business and market share, performance improvement and working on quality and maintaining good quantity, conformance to these standards and benchmarks for employees and products and human behaviour toward the project are key in enhancing a positive CSR for this project. References Friedman, Hershey H. and Friedman, Linda Weiser,2011. The Role of Information Technology in Fulfilling the Promise of Corporate Social Responsibility. Salb, D., Friedman, H., Friedman, L.W. 2011. The role of information technology in fulfilling the promise of corporate social responsibility. Computer and Information Science, 4(4), 2-9, July 2011.. Available at SSRN: https://ssrn.com/abstract=2381647