How To Increase Social Responsibility Of Business

Table of contents:

How To Increase Social Responsibility Of Business
How To Increase Social Responsibility Of Business

Video: How To Increase Social Responsibility Of Business

Video: How To Increase Social Responsibility Of Business
Video: How can CSR Improve the Bottom Line 2024, April
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Business social responsibility is a very important indicator that gives a number of significant privileges, both in the field of government support and in relations with clients.

How to increase social responsibility of business
How to increase social responsibility of business

It is necessary

  • - funds to support small, medium and large businesses;
  • - data from various authorities about the work of enterprises.

Instructions

Step 1

There are two ways to increase the social responsibility of a business. The first is closely related to protectionism. The government cuts taxes for enterprises participating in charitable programs, creates favorable conditions for work through soft loans, etc. The second way is to give government incentives and increase prestige. Instead of large financial investments, socially responsible companies are awarded diplomas and certificates of high status. The recognition of the state and society stimulates interest and confidence in the company, which means that its profit grows.

Step 2

For the social responsibility of business to increase, the government must combine both of these approaches. Moreover, it is better if the company first receives public recognition, and only then government support. If you are the head of local government, do not rush to give out soft loans to various firms in the hope that they will begin to show social responsibility.

Step 3

Establish funds to support small, medium and large businesses. It is advisable to create three separate organizations, because the level of income of their representatives is different, which means that the opportunities and scales of useful social activities are not the same. The purpose of these foundations is to encourage businesses that support their employees, take care of the environment, participate in charity events, etc.

Step 4

To make the selection of winners transparent and free from corruption, introduce a special scoring system. Let each department (nature protection committee, Rospotrebnadzor, labor trade unions, human rights organizations, etc.) evaluate the activities of each competitor, but the number of points scored is kept secret. Until the very end, the names of the favorites should be unknown so that the leaders of these enterprises do not put pressure on the fund's commission.

Step 5

Be sure to vote consumers. The expression of the will of ordinary disinterested citizens is usually the most objective.

Step 6

Distribute the award not among the first three places, but among all participants, determining the share of state support for the won place. Otherwise, many managers, not hoping to get into the top three, will work carelessly.

Step 7

It is important for businessmen to understand that social responsibility is not a heavy burden, but an opportunity to declare themselves as a promising, reliable company. And what is the client looking for in an era of economic instability? Reliability, of course. And if you add government support to this, then such a company will inevitably face success and prosperity.

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