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What is Corporate Social Responsibility

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- How might corporate social responsibilities influence management planning for a business organization? Thoughts? Experiences?

- Talk about the planning process, both for business organizations and managers. Share some of your experiences regarding planning and what seems to work well and what might not, and why.

- Any thoughts as to special management skills that might be needed in the management of mining employees over those working in more traditional jobs? Thoughts?

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Management Level: Year 4
Discussion Questions

- How might corporate social responsibilities influence management planning for a business organization? Thoughts? Experiences?

What is corporate social responsibility? According to Modern Management, "It is the managerial obligation to take actions to protect and improve the well being of society as a whole and the interests of the organization." Managers have dual responsibilities to society and to the organization. The more powerful and successful your organization becomes, the social responsibility becomes larger. The bigger corporations have influence and power over critical social issues as minority employment, protecting the environment and ensuring the success of smaller businesses. Managers are ...

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This solution discusses how Corporate Social Responibility influences management skills.

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Corporate Social Responsibility: Monsanto Co.

1. Describe Monsanto's pursuits in each of the 4 types of social responsibility. Research the company online to update the information provided in the case study.

2. Visit the Monsanto website to find information that is directed at 3 types of stakeholders: investors, employees, and customers. Describe the different types of information found and how it may be perceived by these different stakeholder groups

3. Assume that you have been hired by Monsanto as a consultant. Using the Caux Round Table Principles for Business from table 12.2, page 450 from Chapter 12 make recommendations for the company based on each of the 7 principles to ensure Monsanto embraces a global approach to achieve corporate responsibility. Be specific in your recommendations with actionable items that Monsanto can implement.

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