789 Government Flashcards
(26 cards)
Intrinsic motivation is
deliberate
Extrinsic motivation is
emergent
Draw big graph activeness
.
Big graph CSR types
Inactive = Corporate Self-Responsibility Reactive = Corporate social responsiveness Active = Corporate Social Responsibility Pro-active = Corporate societal responsibility
3 Levels of analysis
- Individual (mindset)
- Organisational (Strategy)
- Society (Issue)
3 Biggest perception gaps
- Transparency
- Fair trade
- Child Labor
3 Smallest perception gaps
- Clean Environment
- Animal Welfare
- Safety
3 components of CSR case
- Legal (required)
- Ethical (Expected)
- Discretionary/Philanthropic (desired)
4 Business case for CSR
- Cost/risk reduction
- Competitive advantage
- Reputation and legitimization
- win-win
triggering events draw
.
Financial tipping point is at
reactive
Power/Urgency/Legitimacy diagram
.
2 Agency cost, and leads to
- Monitoring cost
- Bonding Cost
Leading to Residual cost/loss
Opposite of Agency cost, narrow vs broad view
Fiduciary duty
capital provider, society
Public vs Private organization split
split on market
Public vs Private good split
Split on civil
Who makes club goods
- Civil society organization (only)
- state owned enterprise
- Cooperative
- Family owned firms
Fiduciary duty order of complexity
- Joint stock
- Civil society
- Government
- state owned enterprise
- Cooperative
- Family owned firm
- Social entrepreneurs
Poor value proposition allignment
internal alignment
rich value proposition
external alignment
define business model
organization structure to enact commercial opportunity
Evolving approaches of role of business
Philanthropy -> Corporate social responsibility -> Creating shared value
Shared value is found at the Nexus of
- Social need
- Business opportunities
- Corporate assets/expertise
Combining pure business and pure philantropy
Can 100% in one, but not both