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The Cost of Faith

Friday Mar 14 2008

I have been doing a bit of work in the area of corporate social responsibility (CSR) lately. It is becoming a hot topic in organizations and a lot of very committed people are thinking about how to think about the mix of economic, social and environmental concerns. Traditionally, the sole purpose of business as an economic enterprise is to make a profit—and therein lies the problem. Yes, all would agree that this purpose includes being ethical, honest and responsible for stakeholders directly related to the organization and its activities. The fact is that business today is the predominant institution in the world—in terms of resources, governmental influence, technology and capacity to bring about change. Whether business has been a major contributor to the problems in the world is arguable. More importantly, it most definitely must be a major part of the solutions. Until recently, CSR has been for many (though not all) companies either a necessary component of public relations or a sincere project to find new ways to work and do ‘the right thing’.[Read More]

Written by eldering at Wisdom in Action

Tagged with: commitment corporate_social_responsibility csr faith purpose responsibility

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