This website or domain name is for sale. Bid or buy now.

 

 

Breakthrough Leadership Strategies In A Socially Responsible Era

By Todd Thomas PhD

Are Socially Responsible Companies More Successful?  Research Indicates yes!  A Junior Achievement Worldwide 2009 Summary Report notes, "Research shows there is a direct correlation between active community outreach programs with increased revenues and customer loyalty for businesses that engage in helping their communities."

But, in an economy where every penny counts, is it worth it for businesses to continue their philanthropic donations?  Not only is it worth it, it’s more necessary than ever.  Tough economies drive short-term decisions which ultimately have long-term consequences. The question here is: how do we keep up with donations without going broke?

In tough economic times businesses are cutting back on expenditures not directly necessary to the survival of their business, this includes employee training seminars, community donations, and much more. But, are companies that continue their community activism programs more profitable than the ones who don’t?   Is there a way to make charity donations more affordable?

Post Recession Philanthropy: Blending Management Training with Non-Traditional Donations: An emerging corporate trend blends social responsibility programs with employee training seminars. This is the new, “post-recession” way to offset the costs of community support and train your employees at the same time, cutting out expensive corporate seminars.

In these economic times, organizations are cutting back on training and development as well as on their traditional donations and community support and that’s a big mistake.  It’s critical to a business’ bottom line to continue training their employees, and now there’s a way to do it through charitable donation programs.

By creatively combining the desire to be socially responsible with the need to develop leaders, companies can achieve both objectives at once. Through leadership development activities that are tied to social responsibility, companies can provide a unique opportunity for meeting development needs and supporting the community at a fraction of the cost of the past. It’s a win-win for everyone.

Socially Responsible Team Building: Encourage Employee Volunteering: Take a leadership team to a typical 2-day retreat. Except, rather than doing the traditional experiential exercises that everybody is somewhat familiar with (role-playing, building a tower, etc.), partner with a non-profit organization to have something real done on their behalf. Arrange for tangible projects to be done within the community and built team and leadership components at the same time. Simulate the workshop activities through real world tasks benefiting a non-profit in your community.

Creating leadership development activities that are tied to social responsibility is the future of Corporate Philanthropy. Tough times call for ingenuity, and this is exactly what companies are doing. Non-traditional philanthropy provides a unique opportunity to meet development needs while supporting the community at a fraction of the cost of the past.

Todd Thomas holds a PhD in Human Communication, Masters in Educational Psychology and a Masters in Interpersonal Communication. He was a professor of organizational psychology at North Carolina State University and is now the Founder of IMPACT Consulting and Development, LLC and the Global Leadership Columnist for TheStreet.com.

[Contact the author for permission to republish or reuse this article.]

Home      Recent Articles      Author Index      Topic Index      About Us
2005-2017 Peter DeHaan Publishing Inc   ▪   privacy statement