8 Pages
2048 Words
Introduction Of Business leadership and corporate social responsibility
Portfolio Task 1
Summarizing three sources related to CSR and leadership
Corporate social responsibility (CSR) along with business management represents two related ideas that have attracted a lot of interest in the corporate environment (Corporate Social Responsibility, 2023). Major principles and conclusions across 3 pertinent research sources are highlighted in this brief to give a general understanding of the scholarly basis on the subject. The materials, including chapters as well as academic papers, provide a thorough grasp of corporate leadership as well as its connection to CSR.
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Source 1
According to the HALkOS and NOMIkOS (2021) the research on CSR, as well as its effects on business performance, size, transparency, and reporting, is reviewed in this essay. Additionally, it examines how monitoring efforts have spread internationally between 1999 to 2017 over multiple countries. There are patterns in the implementation of CSR, alongside Europe seeing a decline, Oceania and Northern America exhibiting a comparable although less noticeable pattern, Asia growing gradually, along with the Americas, the Caribbean, as well as Africa, attaining a fully developed level. The study suggests an improved global CSR rating and emphasises opportunities for connecting business initiatives with the SDGs.
Source 2
Changar, (2021) the influence of the two types of leadership philosophies on the morals and behavioural facets of CSR throughout UK securities firms is examined in this research. 384 workers received responses utilising a systematic survey, and the results demonstrated how both approaches to leadership have a beneficial impact on CSR. The association between leadership that transforms and moral CSR is influenced by the factor that acts as a moderator. According to the research, organisations may improve their ecologically conscious behaviours by combining both transitional and transactional leadership strategies.
Source 3
According to Winit, and Kantabutra, (2022), in the current study, people investigate the connections between stakeholder advantages, trust of stakeholders, as well as brand value in light of the growing recognition of branding capital as a metric of company sustainability. The results, which were drawn from a group of 433 parties across 115 Thai enterprises, show that functionality can increase brand value in both direct and indirect ways through the confidence of stakeholders as well as psychological benefits. However, psychological advantages boost thecompany'sreputation both personally and indirectly through stakeholder confidence. Comparatively,to practical advantages, psychological perks have an additional immediate and beneficial impact on the equity of a brand. Through behavioural advantages, the impact of useful advantages on the value of a brand strengthened. Prospective research paths and their practical ramifications are also covered.
Portfolio Task 2
Defining research question.
Research question: What effects can CSR efforts have on organisational success and how are they implemented when there is strong company leadership?
Explaining goals associated with the research project.
To fully comprehend how company leadership, as well as CSR, interacts inside organizations, the current study will look at the interactions involving these two concepts. The main objective is to investigate the particular manner in which strong corporate leadership practices support the coordination and execution of CSR activities (Zaman, et.al, 2022). The study aims to identify the crucial elements that may motivate managers to embrace social responsibility by looking at leadership approaches, behaviours, and tactics. The research also intends to evaluate the effects of CSR-centric leaders on organizational success, involving monetary results, company image, staff involvement, and customer loyalty. The study work intends to give a helpful perspective on into the function of corporate leadership in encouraging and growing CSR, presenting challenges to executives looking to create and carry out practice efficient CSR plans that are linked to the mission and principles of the firms.
Explaining the rationale and importance of the project
Given the rising significance of CSR as well as company leadership, the study is essential for funding givers. The research addresses a subject of major relevance in modern companies by advancing the comprehension of successful leadership practices that support ethical corporate conduct. The study's conclusions include applications for grantmakers and businesses funding CSR projects (Carroll, 2021). The chance of effective results is increased by directing grantmakers to promote initiatives with solid managerial aspects. Regarding the worries of funding givers on their financial results and the participation of stakeholders, this research also investigates the relationship involving CSR leaders as well as corporate achievement.
This study provides grant donors with data-supported perspectives on the critical function of executive leadership in advancing CSR (Islam, et.al, 2021). It assists with choice-making, distributing resources, providing assistance to initiatives and groups with outstanding management qualities. Such knowledge may be used by grantmakers to improve the scalability and efficacy of CSR efforts, resulting in beneficial results for society as well as the atmosphere.
Portfolio Task 3
Research Methodology
Research type
The study method used to examine the subject of executive leadership as well as social accountability is qualitative. It enables a thorough comprehension of the fundamental elements, events, and viewpoints around leaders as well as Sustainability (Ciulla, 2020). Obtaining an understanding of the intricate relationships and varying opinions around these ideas entails gathering and analyzing informal data from resources like observations, as well as written documents. By making it easier to describe, current, and execute the knowledge obtained from whatever information was gathered, qualitative analysis is ideally adapted to tackle the educational results.
Research approach
The investigation of executive management as well as social accountability will use a method of inductive study. Inductive reasoning includes gathering and examining particular occurrences, trends, and experiences to create more general ideas or conceptions. It enables the investigation of fresh perceptions and the development of theories using evidence (Casson, 2020). By facilitating the analysis and presentation of knowledge, comprehending the preparation of studies, and gathering and organizing data. As well as applying it to guide the student's typing, this technique is in adherence to the educational goals.
Research Philosophy
The study of social enterprise and managerial behavioremploys an interpretive academic perspective. Recognizingthe personal character of individual events, the methodknown as interpretivism seeks to comprehend the societal as well as cultural setting whereby occurrences happen. It highlights the significance of each person's significance, perceptions, and views. The project respects multiple points of view and views of corporate leadership as well as CSR through using an interpretive methodology, which makes it easier to describe, current, and use what is learned to respond to the specified objectives for education.
Data collection
To research the subject of managerial skills as well as social accountability, secondary information collecting is chosen. This strategy entails obtaining and reviewing current information through a variety of publications like publications, scholarly papers, reports, as well as essays (Drody, 2023). This study work may safely clarify and display knowledge on corporate leadership as well as Sustainability with the aid of secondary information. Obtaining and perusing pertinent literature, gathering and organizing facts from some places, and utilizing this knowledge to guide the drafting procedure, further make it possible to organize work.
Data analysis
To analyze the information for the examination of social duty and company leadership, thematic evaluation of information was picked to serve as the technique. Finding, examining, and deciphering recurrent trends or commonalities in qualitative evidence are known as thematic research. This method enables organized grouping and categorizing of data, allowing for the explanation and display of significant discoveries. By making it easier to organize, gather, arrange, and use the material to support the author's work on a subject, thematic examination supports what is learned.
Ethical issues
These are various moral considerations that have been taken into account while doing astudy on leadership in companies and societal responsibility. Such as getting respondents' agreement after providing them with information, guaranteeing data iskept anonymous and confidential, preserving subject and organizationsecrecy, and preserving the credibility of the study procedure (Dahl, 2022). Avoiding issues related to interests and abiding by the moral codes and rules adopted by pertinent corporate groups and organizationsare also vital.
Portfolio Task 4
I was keenly looking for criticism while I worked on developing my ultimate portfolio while employing it to enhance my content better. I was able to improve my document's case conciseness, organization, and continuity due to the criticism I got, making it more successful in communicating the details and satisfying the goals of the course. Initially, the criticism emphasised the requirement for content that is more straightforward and concentrated. To remove all extraneous material and create a better organised and cogent appearance, I thoroughly analysed every element of my work and reorganised phrases and sections. It enabled me to convey my main points more simply and powerfully, improving the writing's usability and comprehension.
I strengthened the linkages across the various components of the case in response to this criticism. To improve the structure of thoughts and points of view, I altered the links within the sentences and chapters. It enhanced the case's total cohesion and made it simpler for users to access the material. The criticism also reinforced how crucial it is to provide precise instances and proof to follow upward my claims. I reevaluated the results of my study and included pertinent quotes and references from scholarly literature to support my assertions as well as raise the authority for my opinions. It served to both confirm the facts given and show my capacity for efficiently gathering and utilising facts.
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References
Books and Journals
- Carroll, A.B., 2021. Corporate social responsibility: Perspectives on the CSR construct's development and future.Business & Society,60(6), pp.1258-1278.
- Casson, M., 2020. International rivalry and global business leadership: a historical perspective.Multinational Business Review,28(4), pp.429-446.
- Changar, M. and Atan, T., 2021. The role of transformational and transactional leadership approaches on environmental and ethical aspects of CSR.Sustainability,13(3), p.1411.
- Ciulla, J.B. and Ciulla, J.B., 2020. The importance of leadership in shaping business values.The search for ethics in leadership, business, and beyond, pp.153-163.
- Dahl, Rundmo, T. and Olsen, E., 2022. The impact of business leaders' formal health and safety training on the establishment of robust occupational safety and health management systems: three studies based on data from labour inspections.International Journal of Environmental Research and Public Health,19(3), p.1269.
- Drody, A.C., Pereira, E.J. and Smilek, D., 2023. The importance of accounting for off-task behaviours during data collection.Nature Human Behaviour, pp.1-3.
- HALkOS, G. and NOMIkOS, S., 2021. Corporate social responsibility: Trends in global reporting initiative standards. Economic Analysis and Policy, 69, pp.106-117.
- Islam, T., Islam, R., Pitafi, A.H., Xiaobei, L., Rehmani, M., Irfan, M. and Mubarak, M.S., 2021. The impact of corporate social responsibility on customer loyalty: The mediating role of corporate reputation, customer satisfaction, and trust.Sustainable Production and Consumption,25, pp.123-135.
- Winit, W. and Kantabutra, S., 2022. Enhancing the prospect of corporate sustainability via brand equity: A stakeholder model. Sustainability, 14(9), p.4998.
- Zaman, R., Jain, T., Samara, G. and Jamali, D., 2022. Corporate governance meets corporate social responsibility: Mapping the interface.Business & Society,61(3), pp.690-752.
Online
- Corporate Social Responsibility. 2023. Online. Available through: <https://www.businessnewsdaily.com/4679-corporate-social-responsibility.html>