How Business Culture and CSR Strategies Go Hand in Hand (Tables Included)

In our last post, we’ve defined sustainability in business and what does it mean to have a sustainable business. 

Some of the aspects we’ve touched were related to the following subchapters:

  • What is Business Sustainability? 
  • Who Needs to Take the Lead?
  • The Benefits of Business Sustainability
  • Costs Involved when using Business Sustainability Strategies

For more information, you can find the full article here. where you will find the details clearly presented.

In today’s article, we will cover important aspects regarding Business Culture, Corporate Social Responsibility strategies and how these complete and integrate your whole Business Strategy.

Defining Business Culture

Business Culture (or Company Culture) without oversimplifying it, can be defined as a set of values, goals, attitudes and practices that characterize an organization.

Company culture involves and affects everyone that is part of the organization, this including: employees and the values they believe in, the leadership style and all managerial aspects on how the company is being operated.

Company culture doesn’t only affect your employees or other people involved. It affects all the aspects and processes of your company, some of them being: your company’s recruitment process, long and short term data performance, retention rates and even customer success.

Culture is extremely important as it can measure the strategic impact and the direction of any business. It doesn’t only influence or measures the direction of the company but it influences current results and performance.

Defining Corporate Social Responsibility (CSR)

CSR or Corporate Social Responsibility is a vast term that can take up many forms and doesn’t have a fixed definition. It generally includes a management concept and a self-regulating business model that aims to be socially accountable in all aspects. However, this is not all. Every CSR aspect can be defined differently by how a company chooses to respond and integrate it in their strategic plans.

With CSR, companies integrate initiatives that bring change and add value to everyone involved: customers, stakeholders, communities, society & more.

Business Culture and Corporate Social Responsibility Benefits

Now that we defined what is Business Culture, in the following table, we’ve highlighted some of the benefits Business Culture has and how they represent your company. We’ve created different categories to underline the Benefits Business Culture has on:

  • Customer Success
  • Leadership Style & Management
  • Employees
  • Performance & Growth Perspectives
Source: CSRgrowth.com

Additionally, adapting to the same format, we’ve created another table to highlight the benefits of CSR strategies and practices and how they can take up many forms.

Source: CSRgrowth.com

Conclusion

In conclusion, in Today’s Article, we’ve covered some general aspects about Business Culture and Corporate Social Responsibility Strategy Practices. 

We’ve underlined the benefits of Company Culture & CSR from the following point of views:

  • Customer Success
  • Leadership Style & Management
  • Employees
  • Performance & Growth Perspectives

Next Article

Stay close as in the next article, we’ll write about CSR seen from the Customer’s Perspective

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