Truth about CSR

Introduction

Problem

Solution

Steps

Many companies' CSR initiatives are disparate and uncoordinated

Cannot maximise their positive impact on social and environmental systems in which they operate

Develop coherent CSR strategies

Divide into 3 theatre of practise

Philanthropy

Improving Operational effectiveness

Transform business model to create shared value

Prune existing programs to align with a purpose and valu

Develop ways of measuring initiatives' sucess

Coordinate programs across theatres

Create interdisciplinary management team to drive CSR strategy

Developing a Unified Practice Platform

Pruning and aligning programs within the theatres

Developing Metrics to Gauge Performance

Coordinating Programs across Theatres

Developing an Interdisciplinary CSR Strategy

One thing in common

Align with the companies' business purpose

Value of the companies' important stakeholders

Needs of communities in which it operates