Corporate Social Responsibility, what's your take?

Monday, May 29, 2006

Corporate America is cleaning up its act.

Justice was rendered to the American people on the 25th of May when a judge pronounced former Enron chairman Kenneth L. Lay and Jeffrey K. Skilling guilty of one of the biggest scams to hit the corporate scene.

Who is Martha Stewart trying to fool?

No body is going to buy her innocence. Contesting her SEC charges is not going to help her on the road back to regaining public trust. She needs to knowledge her faults and move on by actually trying to do some public good, such as maybe buying/investing some stocks for a period and cashing out proceeds to some charity/non profit organization to promote ethical business practices.

We all know that maybe her jail sentence was a little harsh, and she served as an example to all that no one was above the law. And some people still sympathize with her for the fact that she was the escape goat. But Martha, you served your time for your crime, now you really need to move on and stop attracting negative media attention.

Wednesday, May 24, 2006

Should government mandate CSR?

What is our future looking like? Can you give a forecast of what to expect in the next 20 years? Do people and organizations today have the right values? Who decides what’s right? Are we living sustainable life styles? Will our grand children enjoy this planet as much as you did? Well these questions are not new and I certainly did not invent them. We all fully aware of them, the only question here is how important issues of these nature get rated on our life style choice scale. Organizations today are being forced to ask themselves some of these questions. Will their current business practices sustain them? For a year? 10? 50? 100?

In the wake of this, some believe that government should have regulations for organizations to ensure that they conduct themselves responsibly. However there is another group of people who do not believe in this. They believe that government mandate will stifle the innovativeness of companies engaging in CSR