Today, more and more companies are realizing that in order to stay productive, competitive, and relevant in a rapidly changing business world, they have to become socially responsible. In the last decade, globalization has blurred national borders, and technology has accelerated time and masked distance. Given this sea change in the corporate environment, companies want to increase their ability to manage their profits and risks, and to protect the reputation of their brands. Because of globalization, there is also fierce competition for skilled employees, investors, and consumer loyalty. How a company relates with its workers, its host communities, and the marketplace can greatly contribute to the sustainability of its business success.
In my point of view .. the more challenge faces CSR is how to transfer the CSR concept to local organizations that not working in exporting field or have multiple branches , in this case , the governmental authority plays a vital rule in both educating and monitoring the CSR performance in organizations
Yes you are also right, but in my country Lebanon, CSR concept still have to be more known by the companies.
Government have an important role in implanting CSR in her core and also in companies core, but as you know in Lebanese Government need a lot of changing.Anyway we aim for high always and we will never give up.
Thank you for sharing your comment.
Muhammad Mounir Leheta said:
I totally agree with you ..
In my point of view .. the more challenge faces CSR is how to transfer the CSR concept to local organizations that not working in exporting field or have multiple branches , in this case , the governmental authority plays a vital rule in both educating and monitoring the CSR performance in organizations