What are an Organization’s Ethical Responsibilities under CSR?
Ethical responsibility is the part of corporate social responsibility that drives a business to act in a moral and fair manner. Companies can set their own standards or adopt external ethical goals. But what are an organization’s moral and ethical responsibilities?
Watching this video is worth 2 Management Courses CPD Points*.
🔎 See below for details
Corporate Social Responsibility (CSR)
This video is part of course module 6.2
Program 6: Managing within Organizations
Course 2: Corporate Social Responsibility
Other videos that describe Corporate Social Responsibility:
🎬 What is Corporate Social Responsibility (CSR)?
https://youtu.be/ONgWaJJk20M
🎬 What is the Triple Bottom Line?
https://youtu.be/82nTJEdPmbs
🎬 How is CSR reflected in Legislation and Standards?
https://youtu.be/Pdhjc2t5WdM
🎬 CSR: Who are an Organization’s Stakeholders?
https://youtu.be/mRqsqezbgGk
🎬 What are an Organization’s Environmental Responsibilities under CSR?
https://youtu.be/EjkF3LBWPI0
🎬 What are an Organization’s Social Responsibilities under CSR?
https://youtu.be/QIVzrISHSHs
LESSON NOTES
Organizations have an ethical responsibility for fairness, equity, and respect for human rights, in their treatment of:
1. Workers and employees
2. Customers
3. Supply chain
4. Community
5. Investors
RECOMMENDED EXERCISE
1. For each of the five areas I list, how does your organization discharge its ethical responsibilities? (5 MC CPD Points)
2. For each of the five areas I list, how well does your organization discharge its ethical responsibilities? (2 MC CPD Points)
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RECOMMENDED READING
There are many books that discuss CSR. These are the ones I recommend:
đź“– Corporate Social Responsibility: A Very Short Introduction
https://geni.us/oCWl1m
📖 Cannibals with Forks: The Triple Bottom Line Of 21st Century Business’.
https://geni.us/Lyr1bRP
đź“– Strategic Management: A Stakeholder Approach: R Freeman
https://geni.us/XzYlz
đź“– The Stakeholder Strategy: Profiting from Collaborative Business Relationships
https://geni.us/bPI5
đź“– Corporate Social Responsibility: Doing the Most Good for Your Company and Your Cause
https://geni.us/UCLsj
đź“– Corporation Be Good! the Story of Corporate Social Responsibility
https://geni.us/a97O
â•ď¸Ź Links to our book recommendations are affiliated through Amazon and help support our free videos
Managers Need a Basic set of kit to do your job well. Here are my top recommendations: https://kit.co/MikeClayton/manager-s-work-kit (the links are affiliated)
MANAGEMENT COURSES CONTINUING PROFESSIONAL DEVELOPMENT (CPD) POINTS
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CHAPTER MARKERS
00:00 – An organization’s moral and ethical responsibilities
00:31 – Range of ethical responsibilities
00:51 – Treatment of Employees
01:18 – Treatment of Customers
02:15 – Treatment of Supply Chain
02:30 – Treatment of Suppliers
03:00 – Supplier Codes of Conduct
03:40 – Treatment of Community
04:09 – Treatment of Investors
04:53 – Summing Up
#ManagementCourses #BusinessEthics #CorporateSocialResponsibility
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