CSR’s Place in Strategic Thinking
Dr. Terry F. Yosie wrote an excellent column at GreenBiz.com on corporate social responsibility and how it should fit into a corporation’s business strategy: Corporate Social Responsibility: What the Smart CEO Needs to Know. Dr. Yosie covers five things every CEO should know about CSR and his or her company’s business strategy:
- Recognize that demands for corporate social responsibility reflect a shift in society’s priorities.
- Manage social responsibility challenges as part of corporate governance.
- Look upon corporate social responsibility as a strategic challenge and not as a series of high profile initiatives.
- Measure society’s expectations as part of the business process.
- Define success for the company.
This entry was posted on Friday, June 2nd, 2006 at 8:28 pm and is filed under Books and Films, Business Strategy, Corporate Governance, Corporate Social Responsibility. You can follow any responses to this entry through the RSS 2.0 feed. You can skip to the end and leave a response. Pinging is currently not allowed.
