Corporate Social Responsiblity

"Great companies have long-term success only insofar as they satisfy all of their stakeholders over time by uniting the interests of various stakeholders around a core purpose or value that goes beyond just making profits"

                                      - Edward R. Freeman

Outcome

Today, corporate social responsibility goes far beyond the philanthropy of the past, and is instead an all-encompassing responsibility that companies accept for the environment around them, for the best working practices, for their engagement with local communities and for their recognition that brand name depend not only on quality, price and uniqueness but on how, cumulatively, they interact with companies’ workforce, community and environment. 

The business organizations have moved towards a challenging measure of corporate responsibility, where results are measured not just by the input but by its outcomes: the difference that they make to the world, and the contribution to alleviate certain deep rooted social problems.

Thus, Corporate Social Responsibility as a focused activity embedding in to core business functions has enabled companies to constantly explore for tools and competencies that not only leap forward their operations but also helps to long-term sustainability of business. 

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