10 Ways to Make Your Business More Socially Conscious
Businesses of all sizes should consider how they bring about positive and mindful change within their workforce, community and to the wider public.
Companies utilizing CSR promote values, which ultimately increases customer traffic, thus increasing company profit.
Social and environmental responsibility is considered by most small businesses as a normal part of business development and growth.
Generally, corporate social responsibility initiatives are categorized as follows:
Being a socially responsible company can bolster a company's image and build its brand. Social responsibility empowers employees to leverage the corporate resources at their disposal to do good. Formal corporate social responsibility programs can boost employee morale and lead to greater productivity in the workforce.
A company is an organization designed to acquire profit for it's owners through specific means. ... Therefore, the only purpose of a company is money. Unfortunately the U.S. has allowed the personification of industry into our laws and culture.
Yes, if: the product or service is a commodity. When a company is in the business of making or providing something that is truly a commodity: that is, the customer doesn't care about service or innovation, but only wants to buy the thing at the lowest price, then the only-profit-matters approach will work.
The resounding answer is yes! Companies, no matter the size, do not operate in a bubble. The decisions a company makes impact their employees, customers and vendors, all of whom are part of the communities they serve. ... It's about contributing and building a community all year long.
Implementing socially responsible business practices should be a given for small-business owners. The basic premise is that you understand the requirements stakeholders have beyond standard business operations. One way for small businesses to compete against big chain stores is to be valuable community members.
And we can have a pretty incredible impact by choosing to spend our dollar with socially responsible companies.
10 of Our Favorite Socially Responsible Companies
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