A Quote by Shiv Nadar
A press statement may be given with a very good intention, but it says nothing beyond it. If it comes from corporations they run, then it is corporate social responsibility (CSR). That's different from philanthropy. CSR is a lot of shareholders, including me.
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I think CSR, corporate social responsibility, is something that is becoming front and center.
The concept of corporate social responsibility (CSR) has long been used as an effective lens through which to examine the actions business can take toward ensuring mutual long-term well-being and sustainability.
Now we're in a situation where democracy has been taken into the workshop and fixed, remodeled to be market-friendly. So now the United States is fighting wars to instal democracies. First it was topple them, now it's instal them, right? And this whole rise of corporate-funded NGOs in the modern world, this notion of CSR, corporate social responsibility - it's all part of a New Managed Democracy. In that sense, it's all part of the same machine.
Corporate social responsibility is measured in terms of businesses improving conditions for their employees, shareholders, communities, and environment. But moral responsibility goes further, reflecting the need for corporations to address fundamental ethical issues such as inclusion, dignity, and equality.
Brands must be very specific in their choice of social media platforms through which to communicate their CSR or cause messaging.
I believe Washington should be a more active participant focusing on the issue of why corporate shareholders and mutual fund shareholders are not given fair treatment by corporate management and mutual fund management. We need to develop a national standard of fiduciary duty to ensure that these agents, if you will, are adequately representing the principles - pension beneficiaries and mutual fund shareholders - whom they are duty bound to serve.
We hired a CSR person at Twitter, years before we hired our first sales person, to make sure we had a culture and impact of doing good.
I was given the opportunity to run a business, but on that very same day, I understood that it comes with a lot of responsibility, and responsibility comes at a price.
There is nothing wrong with corporations. Corporations are a good thing. But corporations should not be running our government. Corporations are good because they drive our economy, they encourage people to assemble wealth and to risk it and then create jobs.
That's good advice for any young person to remember who aspires to leadership in corporate or public life. Develop a thick skin when it comes to the press. Remember you're never as bad-or as good-as the press says you are.
The great power in America is the corporations - we`re a corporate country. We`re run by a CEO and the stockholders have very little to say on how the corporation is run. Fine, the board of directors run it and the stockholders can just be disgruntled, but who gives a damn?
In the '60s and '70s it was a great period for American films because studios were still run by individuals who worked off the seat of their pants and went along with things. At that time, they were very uncertain about what to make because of the influence of television. A lot of really terrific movies were made. But then the studios gradually became more corporate and were owned by corporations and run in that way and now they're very nervous. You see what they make - sequels, franchises and try not to take risks.
I think that internet technologies are making everything so transparent. The arms race of deception and spin against the public trying to keep up with it - I think the forces of spin have to lose. In the corporate world people are finding this. Corporate social responsibility has been on the agenda for a very long time - and a lot of people say it's a kind of green-wash or white-wash - but because there's nowhere to hide anymore, people are coming around to the realization that the only way to be seen to be good is to be good. You can't fake it.
In Montana, no one, including out-of-state corporate executives, has been excluded from spending money - or 'speaking' - in our elections. Any individual can contribute. All we require is that they use their own money, not corporate money that belongs to shareholders, and that they disclose who they are.
I've always said that the better off you are, the more responsibility you have for helping others. Just as I think it's important to run companies well, with a close eye to the bottom line, I think you have to use your entrepreneurial experience to make corporate philanthropy effective.
I don't think the press has done a very good job dealing with government spending.The Defense Department with the $9,500 toilet seat, that's not the problem anymore. Medicare and Medicaid and Social Security are the problem. That's us. That's our generation. There the press never says a word.
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