Challenges in Implementing Csr
Challenges in implementing CSR
Corporate Social Responsibility can be separate into internal dimension and external dimension.
Internal dimension and external dimension
Internal dimension focuses on organizational practices with respect to internal stakeholders that should be aligned to corporate social responsibility standards. It includes human resource management, safety and health, environmental impact and corporate change. External dimension focus on an organization practices towards external stakeholders which should be in business practices. It includes business partners, local communities and human rights. (Elijah Ezendu)
The challenge of getting along with employee
When HSBC implementing human resource management and safety and health, they find there are some problems to manage them. From ethic and moral, HSBC should control the working time. Cannot let its employees work too long. But there is so many works to do. If the bank hires more employees, that means the cost will increase. It is very difficult to balance between the company’s cost and the employees’ rest time. All company should do employees’ health care planning including HSBC. This plan must be done every year despite the company is in deficit. It will be a big burden to the company. The most do not want to meet by a company is its female employee be pregnancy. Because when the mother give birth to her child she must rest at home, but the company still have to pay her salary for several months. For a profit earning company, it is very headache to pay salary to a non-output employee. Although it’s an extra cost for the company, but they still have to manage their employees well. It’s their responsibility.
Sometime the corporation will have some change in the organization. It should not reduce the welfare of the shareholders, and they should respect the human rights. When HSBC is making some decisions, they will do some opinion poll to collective their employees’ suggestions. But most
Corporate Social Responsibility can be separate into internal dimension and external dimension.
Internal dimension and external dimension
Internal dimension focuses on organizational practices with respect to internal stakeholders that should be aligned to corporate social responsibility standards. It includes human resource management, safety and health, environmental impact and corporate change. External dimension focus on an organization practices towards external stakeholders which should be in business practices. It includes business partners, local communities and human rights. (Elijah Ezendu)
The challenge of getting along with employee
When HSBC implementing human resource management and safety and health, they find there are some problems to manage them. From ethic and moral, HSBC should control the working time. Cannot let its employees work too long. But there is so many works to do. If the bank hires more employees, that means the cost will increase. It is very difficult to balance between the company’s cost and the employees’ rest time. All company should do employees’ health care planning including HSBC. This plan must be done every year despite the company is in deficit. It will be a big burden to the company. The most do not want to meet by a company is its female employee be pregnancy. Because when the mother give birth to her child she must rest at home, but the company still have to pay her salary for several months. For a profit earning company, it is very headache to pay salary to a non-output employee. Although it’s an extra cost for the company, but they still have to manage their employees well. It’s their responsibility.
Sometime the corporation will have some change in the organization. It should not reduce the welfare of the shareholders, and they should respect the human rights. When HSBC is making some decisions, they will do some opinion poll to collective their employees’ suggestions. But most