Are you acting in CSR drama?

Before you spend single penny on so called CSR, please check your  happiness scorecard of  employees, customers and community you operate in , tax evasion  & other corrupt practices your company is  indulging in.  

SR of C starts from with-in and goes with-out after taking care of everyone within. Most companies neither  take care of  their employees plight and life nor sincere in paying their Govt levies and rampant indulgences in corruption for getting benefits.  

This kind of companies doing CSR is neither SR nor desired by the society.

Purpose of any CSR initiatives  is to bring happiness and cheers for the under privileged. Now this objectives can not be achieved by money generated out of unhappy & stressed employees, anti social business practices of tax evasion and corruption.  

First and foremost SR of any corporate is be socially awaken towards people , community and environment impacted by the enterprise. Abide by the laws of the land and then  and only then indulge in so called CSR.  

We do not want a situation where in a thief robs people and donate to temple and by that means justify robbing.   

Don't indulge in corruption, pay your taxes right, keep your people happy, keep your customers happy, keep your community happy and pollution free and if then if something is left  including desire then look for CSR opportunities not before. All CSR initiatives must be judged on this count only. 

6 Reasons Why Entrepreneurs Find It Difficult to Behave Ethically

- Huge corruption in Govts and Govt Departments makes their unethical behaviors justified

- Flourishing of Tax Evaders and No Govt Will or Visible Action to Bring evaders to books

- Huge Tax Rates, Multiple Taxes ,  Cost Increase , High Inflation and Competitive Pressures. Its about survival at Stake.

- Lax legal System. Tax Evaders & Corrupt go caught free for Years.

- Huge expectation from share holders, analysts and lenders

- 6th Reason - well every reader will have his own apart from above !!!

Most entrepreneurs start with clean slat and high morale but the above realities of life and culture around us makes one indifferent towards immoral and unethical behaviours. 

Everything is justified and fair in war , love and now business. This is the reason Narayanmurthys and  Azim Premijis are at premium. 

In the given scenario it is very difficult to act ethically and survive in the cut throat business atmosphere. Pity !!!!.

We need new age economic theories to Deal with Double Dip or Multiple Dip Recession ?

Economies after Economies are stumbling. World is under dire economic crisis (Hidden and deferred somehow)

Every Governments world over are corrupt.

Most organisations { public and private } are employing corrupt or unethical means to achieve their ends. 

Therefore we can conclude that leaders at most levels & geographies are failing. 

We are struggling to manage all the above in the new economic order and its dynamism. 

Keynesian or Marxist  both theories r seems to be out of order and need total overhaul and rethinking. Our RBI Governor raising interest rates to tame inflammation is somehow not digestible. All policies and steps appears to be a guess work and trial and error methods.

Companies achieving financial results or cooking accounts to look sound by all means is not acceptable. (people, society and environmental  - casualty)

We are growing and hoping to grow but scholars and researchers need to put in more time and efforts to figure out how to not only survive but grow in the new age of digital population. 

Our lifestyle, means of production ,means & speed of communication, preferences, wealth creating business models, spread of social enterprises and its impact, socio economic condition, age of start up and retiring population & multi polar world - everything has undergone a SEA change. 

Inspite of MEGA change in the scenario around us we cant be guided or influenced by age old economic policies or  management principles.  We need total re-imagination and rethinking to solve problems of TODAY. 

Double dip or single dip or deepest recession  - we need creative and refreshing thinking LEADERS at all LEVELS. 
{ Country, institutions , enterprises and society }. 

Recheck and re imagine your area of influence and how to keep these influence not only growing but  INTACT also.

" The future will not be an extrapolation of the past " CK Prahalad { Still we try to find solution from the extrapolation of the past theories !!!).  

Don't go back to proven theory books , but { need to } create ONE.