MGM101H5 Lecture Notes - Lecture 4: Corporate Social Responsibility, Kenneth Lay, Reward System

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24 May 2018

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MGM101

May 17, 2018

Anthony M

Lecture 4

Grew up Africa

Takeaways

• Recognize the key challenges associated with developing an ethical corporate culture

• Give examples of ethical misconduct in a corporate environment

• Understand the growing importance of Corporate Social Responsibility (CSR) in business

• Have a basic understanding of how CSR is integrated with corporate strategy

Corporate Social Responsibility: CSR is the understanding that the purpose of an organization is

to create shared value (business and society) by strategically aligning into its actions a

partnership mentality with society where the objectives of both parties are met.

Persoal Projets: These are projets otiated y a sigle perso’s isio ad idea. Upo the

end of a visionary the personal project. Not always sustained over a long peiod

Operatioal Iitiaties: reshapig the opay’s odel to e ore effiiet ad sustaiale

- Adding refill water bottle stations

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