{"id":22628,"date":"2020-09-23T12:47:18","date_gmt":"2020-09-23T09:47:18","guid":{"rendered":"https:\/\/www.ibtdi.com\/?p=22628"},"modified":"2020-09-23T12:47:18","modified_gmt":"2020-09-23T09:47:18","slug":"success-rules-for-corporate-social-responsibility","status":"publish","type":"post","link":"https:\/\/www.ibtdi.com\/en\/success-rules-for-corporate-social-responsibility\/","title":{"rendered":"Rules for successful corporate social responsibility"},"content":{"rendered":"<p>&nbsp;<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/easy-software.com\/wp-content\/uploads\/2017\/03\/bild-csr.jpg\" alt=\"Corporate social responsibility in the company - EASY SOFTWARE AG\" width=\"713\" height=\"402\" \/><\/p>\n<p>&nbsp;<\/p>\n<p style=\"text-align: center;\"><span style=\"font-size: 20px; font-family: 'comic sans ms', sans-serif;\">The principles of successful corporate social responsibility go beyond simply doing good and carrying out a few community-service activities. Successful initiatives <\/span><\/p>\n<p style=\"text-align: center;\"><span style=\"font-size: 20px; font-family: 'comic sans ms', sans-serif;\">of corporate social responsibility tell the company\u2019s story, incorporate stakeholder feedback, and position <\/span><\/p>\n<p style=\"text-align: center;\"><span style=\"font-size: 20px; font-family: 'comic sans ms', sans-serif;\">the company as a leader on social issues while guiding how community investment funds can be spent most effectively.<\/span><\/p>\n<p style=\"text-align: center;\"><span style=\"font-size: 20px; font-family: 'comic sans ms', sans-serif;\">Without these elements, all efforts go to waste. CSR success depends on serving the interests of many<\/span><\/p>\n<p style=\"text-align: center;\"><span style=\"font-size: 20px; font-family: 'comic sans ms', sans-serif;\"> stakeholders, whose interests may seem to conflict. A company\u2019s social and environmental efforts will not succeed unless they are grounded in <\/span><\/p>\n<p style=\"text-align: center;\"><span style=\"font-size: 20px; font-family: 'comic sans ms', sans-serif;\">A clear, well-defined program.<\/span><\/p>\n<p style=\"text-align: center;\"><span style=\"font-size: 20px; font-family: 'comic sans ms', sans-serif;\">We identify the key principles for successful corporate social responsibility as follows:<\/span><\/p>\n<p>.<\/p>\n<p style=\"text-align: center;\"><span style=\"font-size: 20px; font-family: 'comic sans ms', sans-serif;\">Read also:<\/span><a href=\"https:\/\/www.ibtdi.com\/en\/mistakes-committed-by-entrepreneurs-on-social-media\/\">Mistakes Entrepreneurs Make on Social Media<\/a><\/p>\n<p>.<\/p>\n<h2 style=\"text-align: center;\"><span style=\"color: #0000ff;\"><strong><span style=\"font-size: 28px; font-family: 'comic sans ms', sans-serif;\">Building the Strategy<\/span><\/strong><\/span><\/h2>\n<p style=\"text-align: center;\"><span style=\"font-size: 20px; font-family: 'comic sans ms', sans-serif;\">Building a strategy is important in its own right; it is unreasonable to expect corporate social responsibility\u2014or any other initiative\u2014to succeed without <\/span><\/p>\n<p style=\"text-align: center;\"><span style=\"font-size: 20px; font-family: 'comic sans ms', sans-serif;\">A guiding strategy\u2014but the situation here is a little different: the goal is to do more than simply develop a strategy. It must be <\/span><\/p>\n<p style=\"text-align: center;\"><span style=\"font-size: 20px; font-family: 'comic sans ms', sans-serif;\">aligned with one of the company\u2019s core competencies.<\/span><\/p>\n<p style=\"text-align: center;\"><span style=\"font-size: 20px; font-family: 'comic sans ms', sans-serif;\">If the company has achieved success in a particular area\u2014risk management or green production, for example\u2014it is important <\/span><\/p>\n<p style=\"text-align: center;\"><span style=\"font-size: 20px; font-family: 'comic sans ms', sans-serif;\">for its community strategy to align with that area. This builds the company\u2019s credibility and helps it stand out in the community.<\/span><\/p>\n<p style=\"text-align: center;\"><span style=\"font-size: 20px; font-family: 'comic sans ms', sans-serif;\"> \u0628\u0645\u0638\u0647\u0631 \u0627\u0644\u062e\u0628\u064a\u0631.<\/span><\/p>\n<p>.<\/p>\n<p style=\"text-align: center;\"><span style=\"font-size: 20px; font-family: 'comic sans ms', sans-serif;\">Read also:<\/span><a href=\"https:\/\/www.ibtdi.com\/en\/how-do-you-invest-more-in-your-companys-social-business\/\">How Can You Increase Your Company\u2019s Investment in Social Enterprises?<\/a><\/p>\n<p>.<\/p>\n<h2 style=\"text-align: center;\"><span style=\"color: #0000ff;\"><strong><span style=\"font-size: 28px; font-family: 'comic sans ms', sans-serif;\">\u0642\u0636\u0627\u064a\u0627 \u0627\u0644\u0639\u0645\u0644\u0627\u0621<\/span><\/strong><\/span><\/h2>\n<p style=\"text-align: center;\"><span style=\"font-size: 20px; font-family: 'comic sans ms', sans-serif;\">This is one of the most important principles for successful corporate social responsibility. It involves two things. First, the company\u2019s initiatives <\/span><\/p>\n<p style=\"text-align: center;\"><span style=\"font-size: 20px; font-family: 'comic sans ms', sans-serif;\">should align with the issues that matter to its target audience or the surrounding community more broadly.<\/span><\/p>\n<p style=\"text-align: center;\"><span style=\"font-size: 20px; font-family: 'comic sans ms', sans-serif;\">Second, customers are a powerful force: they can reward or punish a company, and companies need to keep that in mind. For example, <\/span><\/p>\n<p style=\"text-align: center;\"><span style=\"font-size: 20px; font-family: 'comic sans ms', sans-serif;\">a Cone Communications CSR study found that 87% of consumers would purchase a product because it came from a company that supports <\/span><\/p>\n<p style=\"text-align: center;\"><span style=\"font-size: 20px; font-family: 'comic sans ms', sans-serif;\">a social or environmental cause they care about.<\/span><\/p>\n<p style=\"text-align: center;\">\n<p style=\"text-align: center;\"><span style=\"font-size: 20px; font-family: 'comic sans ms', sans-serif;\">Consumers reward socially responsible companies through brand loyalty, donations to support charitable businesses, <\/span><\/p>\n<p style=\"text-align: center;\"><span style=\"font-size: 20px; font-family: 'comic sans ms', sans-serif;\">and purchases of products that deliver social benefits.<\/span><\/p>\n<p style=\"text-align: center;\"><span style=\"font-size: 20px; font-family: 'comic sans ms', sans-serif;\">On the other hand, consumers are also willing to use their purchasing power to punish companies that have acted irresponsibly. <\/span><\/p>\n<p style=\"text-align: center;\"><span style=\"font-size: 20px; font-family: 'comic sans ms', sans-serif;\">or harmful, through boycotts and negative social media campaigns.<\/span><\/p>\n<p>.<\/p>\n<p style=\"text-align: center;\"><span style=\"font-size: 20px; font-family: 'comic sans ms', sans-serif;\">Read also:<\/span><a href=\"https:\/\/www.ibtdi.com\/en\/5-steps-for-socially-responsible-corporate-finance-2\/\">5 Steps to Secure Funding for Socially Responsible Businesses<\/a><\/p>\n<p>.<\/p>\n<h2 style=\"text-align: center;\"><span style=\"color: #0000ff;\"><strong><span style=\"font-size: 28px; font-family: 'comic sans ms', sans-serif;\">Caring for Employees<\/span><\/strong><\/span><\/h2>\n<p style=\"text-align: center;\"><span style=\"font-size: 20px; font-family: 'comic sans ms', sans-serif;\">When discussing the principles of successful corporate social responsibility, we can\u2019t overlook the role employees play in this <\/span><\/p>\n<p style=\"text-align: center;\"><span style=\"font-size: 20px; font-family: 'comic sans ms', sans-serif;\">regard. A company\u2019s initiatives and efforts will have no impact unless its employees are proud of what it does and enthusiastic about it.<\/span><\/p>\n<p style=\"text-align: center;\"><span style=\"font-size: 20px; font-family: 'comic sans ms', sans-serif;\">Some statistics indicate that 76% of millennials consider a company\u2019s social and environmental commitments when choosing <\/span><\/p>\n<p style=\"text-align: center;\"><span style=\"font-size: 20px; font-family: 'comic sans ms', sans-serif;\">a workplace, and 64% would not accept a job if a prospective employer did not have strong corporate social responsibility <\/span><\/p>\n<p style=\"text-align: center;\"><span style=\"font-size: 20px; font-family: 'comic sans ms', sans-serif;\">practices.<\/span><\/p>\n<p style=\"text-align: center;\"><span style=\"font-size: 20px; font-family: 'comic sans ms', sans-serif;\">What\u2019s more, a company\u2019s internal culture reflects whether it truly stands by its claims. In fact, its internal practices with <\/span><\/p>\n<p style=\"text-align: center;\"><span style=\"font-size: 20px; font-family: 'comic sans ms', sans-serif;\">employees serve as a test of what it can achieve externally.<\/span><\/p>\n<p>.<\/p>\n<p style=\"text-align: center;\"><span style=\"font-size: 20px; font-family: 'comic sans ms', sans-serif;\">Read also:<\/span><a href=\"https:\/\/www.ibtdi.com\/en\/features-of-social-entrepreneurship-in-the-arab-world\/\">Characteristics of Social Entrepreneurship in the Arab World<\/a><\/p>\n<p>.<\/p>\n<h2 style=\"text-align: center;\"><span style=\"color: #0000ff;\"><strong><span style=\"font-size: 28px; font-family: 'comic sans ms', sans-serif;\">Measuring the Impact of Social Responsibility<\/span><\/strong><\/span><\/h2>\n<p style=\"text-align: center;\"><span style=\"font-size: 20px; font-family: 'comic sans ms', sans-serif;\">Measuring the return on investment from corporate social responsibility efforts and practices is highly challenging, not to mention that it can be <\/span><\/p>\n<p style=\"text-align: center;\"><span style=\"font-size: 20px; font-family: 'comic sans ms', sans-serif;\">difficult to do\u2014especially when a company\u2019s efforts involve multiple departments, such as HR, marketing, and others.<\/span><\/p>\n<p style=\"text-align: center;\"><span style=\"font-size: 20px; font-family: 'comic sans ms', sans-serif;\">Despite this difficulty, measurement is extremely important. It helps stakeholders <\/span><\/p>\n<p style=\"text-align: center;\"><span style=\"font-size: 20px; font-family: 'comic sans ms', sans-serif;\">and investors understand how successful these efforts have been, and also creates an opportunity to adjust certain strategies,<\/span><\/p>\n<p style=\"text-align: center;\"><span style=\"font-size: 20px; font-family: 'comic sans ms', sans-serif;\"> And adopt new practices if existing activities and initiatives have not delivered the desired results.<\/span><\/p>","protected":false},"excerpt":{"rendered":"<p>&nbsp; &nbsp; \u062a\u062a\u062c\u0627\u0648\u0632 \u0642\u0648\u0627\u0639\u062f \u0646\u062c\u0627\u062d \u0627\u0644\u0645\u0633\u0624\u0648\u0644\u064a\u0629 \u0627\u0644\u0627\u062c\u062a\u0645\u0627\u0639\u064a\u0629 \u0644\u0644\u0634\u0631\u0643\u0627\u062a \u0623\u0643\u062b\u0631 \u0645\u0646 \u0645\u062c\u0631\u062f \u0641\u0639\u0644 \u0627\u0644\u062e\u064a\u0631\u060c \u0648\u0627\u0644\u0642\u064a\u0627\u0645 \u0628\u0628\u0639\u0636 \u0627\u0644\u0623\u0646\u0634\u0637\u0629 \u0627\u0644\u062e\u062f\u0645\u064a\u0629\u060c \u0625\u0646 \u0645\u0628\u0627\u062f\u0631\u0627\u062a \u0627\u0644\u0645\u0633\u0624\u0648\u0644\u064a\u0629 \u0627\u0644\u0627\u062c\u062a\u0645\u0627\u0639\u064a\u0629 \u0644\u0644\u0634\u0631\u0643\u0627\u062a \u0627\u0644\u0646\u0627\u062c\u062d\u0629 \u0647\u064a \u062a\u0644\u0643 \u0627\u0644\u062a\u064a<span class=\"excerpt-hellip\"> [\u2026]<\/span><\/p>\n","protected":false},"author":3,"featured_media":22629,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_ibtdi_aa_focus_keyword":"","_ibtdi_aa_secondary_keywords":"","_ibtdi_aa_audience":"","_ibtdi_aa_tone":"","_ibtdi_aa_summary":"","_ibtdi_aa_reviewer_name":"","_ibtdi_aa_reviewer_bio":"","_ibtdi_aa_reviewer_url":"","_ibtdi_aa_reviewed_date":"","_ibtdi_aa_service_id":"","_ibtdi_aa_related_ids":"","_ibtdi_aa_human_reviewed":"","_ibtdi_aa_disable":"","_ibtdi_aa_disable_links":"","_ibtdi_aa_sources":"","_ibtdi_aa_update_notes":"","footnotes":""},"categories":[491],"tags":[22311,22202,22312,22313,22203,22314,22315,22316,22317,22318,15532,22319,22320],"class_list":["post-22628","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-491","tag-22311","tag-22202","tag-22312","tag-22313","tag-22203","tag-22314","tag-22315","tag-22316","tag-22317","tag-22318","tag-15532","tag---doc","tag---pdf"],"_links":{"self":[{"href":"https:\/\/www.ibtdi.com\/en\/wp-json\/wp\/v2\/posts\/22628","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ibtdi.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ibtdi.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.ibtdi.com\/en\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ibtdi.com\/en\/wp-json\/wp\/v2\/comments?post=22628"}],"version-history":[{"count":0,"href":"https:\/\/www.ibtdi.com\/en\/wp-json\/wp\/v2\/posts\/22628\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.ibtdi.com\/en\/wp-json\/wp\/v2\/media\/22629"}],"wp:attachment":[{"href":"https:\/\/www.ibtdi.com\/en\/wp-json\/wp\/v2\/media?parent=22628"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ibtdi.com\/en\/wp-json\/wp\/v2\/categories?post=22628"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ibtdi.com\/en\/wp-json\/wp\/v2\/tags?post=22628"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}