YES, 1) Consumers are demanding Corporate Responsibility According to Nielson, 50% of consumers, surveyed worldwide, would be willing to pay more for goods and services from socially responsible companies. Global consumers are willing to put their money where their heart is when it comes to goods and services from companies committed to social responsibility. Nielsen is global information and Measurement Company, this company provides marketing and consumer information.
2) Employees want the companies to be socially
responsible Employees who are satisfied with the organizations commitment to social and environmental responsibilities demonstrate more commitment, engagement and productivity. If you get your employees involved in designing and implementing a socially responsible program for company, theyll be developing important skills that will allow them to grow outside of work. Things like project management, logistics, being social, are all skills that employees will learn while theyre helping your company be more socially responsible.
3) Employees Perform Better
Social good programs, like skills-based volunteering programs, are proven to effectively build leaders more economical than university programs, training, and conferences. CSR mediated Impact on Trust. Employees tend to assume that their organization is trustworthy if they identify with a social responsible corporation. Encourage employees to talk about and develop shared experiences with customers around the companys CSR activities.
4) Develop New Markets and Improve Operations by
Building and Strengthening Partnerships By engaging with social causes in a variety of ways, your company can learn about new geographies, cultures, markets, and product applications. In addition, it can enable partnerships that protect market share and increase distribution. New insights and partnerships can be created by leveraging the diverse assets found within your company, like its products, services, capital, networks, AND expertise Employees volunteering their skills with organizations in strategic locations can help your company gain local insights.
5) Social Good Fosters Innovation and
Collaboration Employees can learn new skills and insight, resulting in product innovation.
When employees engage in social good activities,
they are proven to become more innovative and collaborative leaders. Employees will develop their leadership, innovation, communication, and collaboration skills. Employees also learn more about potential customers and gain invaluable local insights Employees can learn new skills and insight, resulting in product innovation. When employees engage in social good activities, they are proven to become more innovative and collaborative leaders. Employees will develop their leadership, innovation, communication, and collaboration skills Beyond developing skills, employees also learn more about potential customers and gain invaluable local insights. When employees engage in social good activities, they are proven to become more innovative and collaborative leaders. Nothing showcases this better than employees who engage in international skills-based volunteering projects where employees further develop technical expertise while improving their soft skills. Participants in programs, like this, report that leadership, innovation, communication, and collaboration are some of the main skills developed. Beyond developing skills, employees also learn more about potential customers and gain invaluable local insights.