Corporate Social Responsibility

47
porate Social Responsibili Jones 2010, 2013 [email protected] w.cambridgemba.wordpress.com

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Transcript of Corporate Social Responsibility

Page 1: Corporate Social Responsibility

Corporate Social Responsibility

© Robert Jones 2010, 2013

[email protected]://www.cambridgemba.wordpress.com

mailto:[email protected]
http://www.cambridgemba.wordpress.com/
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Which are the most admired companies?

Why?

Which are the least admired companies?

Why?

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Blowfield & Murray (2008)

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John Cadbury, 1824

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What is the purpose of a business?

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Business

1 For what is it responsible?

2 How can business be responsible?

3 To whom is it responsible?

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Plato (circa 380 BC)Virtues: those things that enable humans to function well as humans.

Function of a knife is to cut. A sharp edge allows it to perform this function well. So, a sharp edge is the virtue of a knife

What are particularly human functions? virtues are – courage, wisdom, temperance, justice

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Cultural Frames of Reference

Exhibit 4.9 Johnson and Scholes (2005), Exploring Corporate Strategy

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Ferrell, Hirt & Ferrell (2008)

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Expectations and Purposes

Exhibit 4.1 Johnson and Scholes (2005), Exploring Corporate Strategy

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Relativism Values are different. They are relative to, for example, cultures, times, places, individuals.

PluralismThere is no one single moral theory or principle that should be accepted as preferable to others. There are different, diverse, and even mutually inconsistent ethical positions that should be recognised; and there is not necessarily any single moral principle or set of principles that everyone should accept.

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The Chain of Corporate Governance

Exhibit 4.2

Source: Adapted from David Pitt-Watson, Hermes.

Johnson and Scholes (2005), Exploring Corporate Strategy

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Blowfield & Murray(2008)

A history ofCorporateResponsibility

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Four Possible Ethical Stances

Exhibit 4.7 Johnson and Scholes (2005), Exploring Corporate Strategy

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Four Possible Ethical Stances

Exhibit 4.7 Johnson and Scholes (2005), Exploring Corporate Strategy

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Four Possible Ethical Stances

Exhibit 4.7 Johnson and Scholes (2005), Exploring Corporate Strategy

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Four Possible Ethical Stances

Exhibit 4.7 Johnson and Scholes (2005), Exploring Corporate Strategy

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Tesco Steering Wheel

Based on The Balanced Scorecard, Kaplan and Norton (1992, 1993)

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Four Possible Ethical Stances

Exhibit 4.7 Johnson and Scholes (2005), Exploring Corporate Strategy

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Founded by Anita Roddick, 1976

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Strengths and Weaknesses of Governance Systems

Exhibit 4.3a

Source: Adapted from T. Clarke and S. Clegg, Changing Paradigms: The transformation of management knowledge for the 21 century, HarperCollins Business, 2000, Table 6.5, p. 324.st

Johnson and Scholes (2005), Exploring Corporate Strategy

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Strengths and Weaknesses of Governance Systems

Exhibit 4.3b

Source: Adapted from T. Clarke and S. Clegg, Changing Paradigms: The transformation of management knowledge for the 21 century, HarperCollins Business, 2000, Table 6.5, p. 324.

Johnson and Scholes (2005), Exploring Corporate Strategy

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Some questions of corporate social responsibility

Exhibit 4.8a Johnson and Scholes (2005), Exploring Corporate Strategy

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Some questions of corporate social responsibility

Exhibit 4.8b Johnson and Scholes (2005), Exploring Corporate Strategy

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http://www.babymilkaction.org/pages/boycott.html

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3 P triple bottom line

People, planet, profit

John Elkington (1995) at SustainAbility

adopted as the title of the Anglo-Dutch oil company Shell's first sustainability report in 1997.

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http://www.fairtrade.org.uk/

http://www.fairtrade.org.uk/
http://www.fairtrade.org.uk/
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http://www.fairtrade.org.uk/

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Ferrell, Hirt & Ferrell (2008)

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http://www.youtube.com/watch?v=P5C_ccgp8ZI

Tim Smit (social entrepreneur) and the Eden Project

http://www.edenproject.com/

http://www.youtube.com/watch?v=P5C_ccgp8ZI
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http://www.youtube.com/watch?v=pmFXBp5GVUk&feature=related

Tim Smit (founder of the Eden Project) on “Kick-starting the sustainable economy”

http://www.youtube.com/watch?v=pmFXBp5GVUk&feature=related
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Creating Shared Value

by Michael E. Porter and Mark R. Kramer (2011),

Harvard Business Review

http://www.youtube.com/watch?v=LrsjLA2NGTU

http://www.youtube.com/watch?v=LrsjLA2NGTU
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Ferrell, Hirt & Ferrell (2008)

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http://www.i2a.co.uk/what_we_do/good_business/good_business_makes_sense.php

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http://gaiaseus.wordpress.com/2010/07/03/dont-call-me-green/

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Conclusion:

Corporate Social Responsibility

Arguments for:-

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Arguments against:-

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Blowfield & Murray (2008), Corporate Responsibility: A Critical Introduction

Johnson and Scholes (2005), Exploring Corporate Strategy

Ferrell, Hirt & Ferrell (2008), Business: A Changing World

http://www.babymilkaction.org/pages/boycott.html

http://www.fairtrade.org.uk/

http://www.youtube.com/watch?v=P5C_ccgp8ZI

Porter M.E. and Kramer M.R. (2011), Creating Shared ValueHarvard Business Review


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