2.9 CSR CONSIDERATIONS WHEN IMPLEMENTING CHANGE Flashcards

1
Q

CSR CONSIDERATIONS

A
  • Many businesses now have CSR considerations embedded in their business
  • Must remain during times of change to keep the business on track with their key values
  • This is due to increased awareness and public criticisms of business activities
  • When implementing the change: Considering the environment, community and workforce.
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2
Q

WHAT IMPACT DOES CSR HAVE ON EMPLOYEES?

A
  • Need to minimise impact change has on employee wellbeing
    Concerns for its workplace and their families,
  • Providing a flexible work atmosphere for its employees
  • Lessening noise pollution from a factory
  • Allowing employees to volunteer their time for other on-profit organisation
  • Employing local workers

THE CHANGE
- Downsizing, stores closures or new technologies leading to redundancies
CSR: Offering outplacement services Offering counselling
- Introduction of new equipment & technology which must be adapted to
CSR: Providing extra training and support
- Reallocation of labour resources resulting in redeployment
CSR: Engaging two-way communication to reduce misunderstandings Provide training
- Change operations affecting job security
CSR: Reallocating employees to maintain job security Speak openly and honestly with employees

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3
Q

WHAT IMPACT DOES CSR HAVE ON THE ENVIRONMENT?

A

Reduce negative impacts on the planet
Examples of CSR behaviour would include:
- Recycling paper use
- Using renewable energy
- Ensuring the supply chain is also behaving in an CSR approach
- Waste management
- Reducing a business’s carbon footprint

THE CHANGE
- Introduction of new technology
CSR: Purchase accurate technology that reduces errors
- Change of suppliers
CSR: Choose local
- Building a new facilitY
CSR: Create minimal pollution during construction and minimal impact on wildlife
- Introduction of new packaging
CSR:Consider carbon footprint and potential waste

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4
Q

WHAT IMPACT DOES CSR HAVE ON THE GENERAL COMMUNITY?

A
  • Reducing or eliminating practises that are detrimental to society
  • Change can result in low employment rates associated with higher rates of crime and poverty
  • Giving non-profit organisation a portion of a business proceeds
  • Supporting community education through philanthropic donations of money or equipment
  • Using only fair trade ingredients
  • making donations of time or money to charities
  • Ensuring the supply chain is also behaving in an CSR approach
  • Sponsoring local events

THE CHANGE
- Change in suppliers
CSR: Choose local to create employment opportunities
- Introduce new technology replacing human labour
CSR: Redeploy employees to other areas to minimise unemployment. Provide redundant employees with job interview training – reduce unemployment rate in community.
- Global sourcing of materials CSR: Source materials from businesses that provide fair pay and working conditions

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5
Q

ADVANTAGES OF CSR

A
  • Can develop positive reputation which leads to more customers purchasing products/services.
  • May attract highly skilled employees who value ethical conduct and are committed to objectives.
  • Employees usually prefer work for businesses who have ethical practices.
  • Customers are willing to pay more for ethically produced goods or services.
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6
Q

DISADVANTAGES OF CSR

A
  • A constant focus on CSR may decrease productivity levels.
  • It can be time consuming to address various CSR considerations.
  • CSR practices can be expensive for business to implement.
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