I. Introduction: As Lasalle MBA students, the role to engage myself in corporate social responsibility is very important to encourage positive changes that may impact the environment, stakeholders and the community. Any organization must properly integrate the three key pillars most often called the Triple Bottom line to improve the welfare of the society. The conceptual framework behind this approach was measured by its performance which includes assessment for the economic prosperity, environmental quality and social equity of the society. Proper compliance of this measure will ensure the companys economic growth and meet its intention on attaining sustainable development. Henceforth, this document was made to discuss the existing CSR condition of the company and its proposal to further improve the organizations compliance to the next level. Company Background: Tri-Ace Enterprise, one of the leading distributors of IT related products in Region 3 (Central Luzon), this company officially joined the computer industry by selling assembled computers units back in 2010. This enterprise was established to cater the local industry from the growing industry and seize the opportunity to promote its products to cater small offices, banks and local net internet caf shops. In the early 2011, the company has diversified to include different kinds of services such as computer unit repairs and networking solutions to diversify its line of business to maximize its capacity. Products, Services and Customers The Primary line of business is subdivided into 3 areas: Distribution and Sale of wholesale and assembled units, retail of computer parts, accessories and paraphernalias and network installation with repair services. The primary objective of Tri-ace was to acquire customers on the untapped market which includes the government sectors, private institutions and residential areas to increase its profit and maximize its full capacity. Likewise, it aims to expand its distribution center outside its comfort zone to garner a number of secure clients to improve the financial condition of the company. Currently, the company aims to enhance its marketing promotion on close circuit television (CCTV) accessories due to its growing business demand for personal security. A number of based clients serves include banks, manufacturing entity, offices and education institutions which are considered for them to be our long time partners in providing technical solutions.
II. Current CSR State of the Company After CSR assessment, I learned that the companys CSR category is currently approaching its Philanthropic stage of continuum. Under the Philanthropic stage of continuum, it advocates its employees to do more than the things mandated by law to help promote the social well being of its employees. Though, the company aims to promote in making a difference toward the society, it has not yet reach on a stage where business goals are articulated or integrated on the organizations social objectives. Recently, the company realizes its importance and decided to slowly to adapt CSR in their operations. The organization has started to engage on social activities and aims to contribute something that may benefit the society. These opportunities are created to enhance the lives of people both in economic and social growth. Somehow, CSR initiatives are sometimes neglected since there is no committee formed to fulfill the internal or external duties that may direct the organizations programs. However, ideas are formed are endorse by the employees when national disaster are formed which are usually adopted by the company. Here are different categories of corporate social responsibility which the business practices under its current state: Environmental responsibility: The company focuses by contributing to preserve the ecosystem through the conservation of natural resource. Example: Energy saving and 3R (reduce, reuse, recycle) initiatives. Social Philanthropy: The organization practice social responsibility through fund drives to local charities on the affected areas during national disaster. Example: Donation of money to the areas affected by Typhoon Yolanda Ethical Labor practices: The company shows correct labor practices by treating their employees ethically and fairly by letting employees work for only 8 hour/day schedule shift mandated by law.
Likewise, it would also be important to assess current state of the companys CSR campaign analysis in corporate citizenship maturity. The developmental analysis determines the normative pattern of activity and internal consistency of both the organization and its employees. The current state of corporate citizenship maturity of this company belongs to the elementary stage.
Under this stage, citizenship activity is episodic and its programs are undeveloped. By definition, the strategic intent of the company only intends to comply with the mandated law. The current mindset of the company was reflected by obeying the law and protecting only the interest of firms reputation. Likewise, the majority of companys corporate citizens as a whole are not interested and careless about CSR activities. III. Suggestions for improvement: Continuous improvement is always part of CSR initiatives. Some proposals that can improve the companys activity are summarized below: Environmental responsibility: Increasing awareness A very important and effective activity that reminds each employee to save energy by turning of their computer terminals before leaving office and proper disposal of waste materials. To increase its effectively, some information campaigns tools can be used as reminder includes e-mail, posters, or reward incentives. Social Philanthropy:
Encourage employees to join volunteer activities, seminars and workshops programs and collaborate with different LGUs units to empower and improve the lives of people
Ethical Labor practices: Make a common practice to remind everyone on 8 hour/day working hours and engage the workers to an employee engagement programs to enhance the overall quality of its workforce resources. This can reduce employee turnover, improved staff morale lead to higher motivation and increase productivity.
IV. CSR Initiatives Implementation
In order to fully execute the CSR initiatives, a process framework will be required in order for the company to identify the stage for each assessment. Learning from the strategic CSR tools and guidelines adapted from the mining for APEC economies, this developed framework teaches the company on how to imbed CSR into organization. Likewise, it also describes some improvement steps for organization that need to obtain for crafting a CSR strategy. The five phases included:
1.) Assessment: The first stage wherein the company needs to understand the context of its operation to be able to identify the factors that it needs to prioritize.
2.) Formulation: Based on the results of the first stage, the company can choose which areas it will focus as well as the objectives of its CSR strategy.
3.) Implementation: In which the company creates a strategy for CSR. It is important during implementation that there are necessary structures in place to ensure that CSR programs are aligned with the companys business strategy. It is important that it looks at the formal and informal mechanisms to ensure CSR objectives are part of its formal structure.
4.) Monitoring and Evaluation: It is important to evaluate the program to see if it has achieved the desired CSR objectives. If not, the company must analyze why not and make a corresponding adjustment to its CSR strategy.
5.) Embedding and Encouraging CSR: Its aim was improve the on-going projects and continue the advocacy started for each successful activity. The purpose of the organization was to provide balance and purpose that can ensure for the CSR initiative to be embedded into the companys operation.
V. Conclusion Organizing and implementing a CSR to integrate to our daily business operations can be a challenge to all levels of employees since it requires commitment and sincerity for the initiative to succeed. CSR champions are equally as important to inspire and educate its employees to understand the responsibility of taking this action. Likewise, employees must also show support to engage on their CSR advocacy for corporate maturity. The current state of the company requires enhancement to evolve and mature its corporate CSR level. From three different CSR areas, the organization must review the propose improvement then slowly adapt the suggested framework to achieve its CSR agenda. Finding ways to improve the groups Environmental responsibility, Social Philanthropy and Ethical labor has a number of benefits that increase customer retention, improve business reputation and may reduce employees turnover. Moreover, integrating the CSR framework on its business operation will broaden its insight and help defined its objectives.
References: Herrera, M.B., Alarilla, M.I. and Uy, R.L., (2011), Towards Strategic CSR: Aligning CSR with the Business and Embedding CSR in the Organization: A Manual for Practitioners. Makati City: Asian Institute of Management. Retrieved from http://rvr.aim.edu/research-and- knowledge-materials/signature-research-and-tools/implementing-strategic-csr-a-process-frame Ong, J. (2014, August 2). Personal Interview
Slaper, T., 2011, The Triple Bottom Line: What Is It and How Does It Work? Retrieved from http://www.ibrc.indiana.edu/ibr/2011/spring/article2.html