Corporate Social Responsibility, what's your take?

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

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