Wednesday, May 6, 2020
Review and Discussion of the Article The Future of...
This reading essay is a review of the following article: Windsor, D. (2001). The future of corporate social responsibility. International Journal of Organizational Analysis, 9 (3): 225-256. Duane Windsor, via the aforementioned article regarding the future of social responsibility, purports ââ¬Å"there are three emerging alternatives or competitors to responsibility: (1) an economic conception of responsibility; (2) global corporate citizenship; and (3) stakeholder management practices (pg. 225).â⬠Windsor first provides a historical reflection of social responsibility beginning in the Progressive Era through the twentieth century and concludes with predictions for the future of corporate social responsibility. Corporate social responsibility,â⬠¦show more contentâ⬠¦Carrollââ¬â¢s pyramid model inspired debate between ââ¬Å"how people ought to behave and how people are likely to behaveâ⬠and that ââ¬Å"behavior may come to dominate theory by appeal to the desirability of material outcomesâ⬠(pg. 235). The historical reflection Windsor provided led him to his thesis of the three emerging alternative or competitors to responsibility. Economic co nception of responsibility, emerging alternative #1, links wealth and social welfare. By definition, organizations that do not focus on financial profits are labeled ââ¬Å"not-for-profitâ⬠organizations. Windsorââ¬â¢s second cited emerging alternatives to responsibility focuses on recent movement involving global corporate citizenship. He explains this alternative as a ââ¬Å"marriageâ⬠of societal expectations of corporations to their community and management obligations to their firm. ââ¬Å"The more powerful and wealth the firm, the greater that firmââ¬â¢s responsibilities to neighbors and the community must beâ⬠(pg. 242). Windsorââ¬â¢s third emerging alternative is regarding stakeholder management practices. Management psychologies vary widely amongst theorists yet revolve around prioritization of profits. Corporate social responsibility seems to be a topic needing additional research and discussion. As a former law enforcement office, laws and regulation make sense to me. Since I was a young child, I thrived on structure and discipline. This has made things difficult for me at times as manyShow MoreRelatedMarketing Management130471 Words à |à 522 Pagesintroduction Unit structure: 1. Introduction 2. Learning Objectives 3. Marketing Management 3.1. Evolution of marketing management 3.2. The Role of Marketing 3.3. Marketing concepts 3.4. The Marketing Mix (The 4 P s Of Marketing) 3.5. Corporate Social Responsibility (CSR) and Ethics in Marketing 4. Have you understood type questions 5. Summary 6. Exercises 7. References 1. INTRODUCTION: The apex body in United States of America for the Marketing functions, American Marketing Association (AMA) defines
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