Ethical responsibility is the part of corporate social responsibility that drives a business to act in a moral and fair manner. Companies can set their own standards or adopt external ethical goals. But what are an organization’s moral and ethical responsibilities?


Watching this video is worth 2 Management Courses CPD Points*.
See below for details

Corporate Social Responsibility (CSR)
This video is part of course module 6.2
Program 6: Managing within Organizations
Course 2: Corporate Social Responsibility


Other videos that describe Corporate Social Responsibility:
What is Corporate Social Responsibility (CSR)?
https://youtu.be/ONgWaJJk20M
What is the Triple Bottom Line?
https://youtu.be/82nTJEdPmbs
How is CSR reflected in Legislation and Standards?
https://youtu.be/Pdhjc2t5WdM
CSR: Who are an Organization's Stakeholders?
https://youtu.be/mRqsqezbgGk
What are an Organization's Environmental Responsibilities under CSR?
https://youtu.be/EjkF3LBWPI0
What are an Organization's Social Responsibilities under CSR?
https://youtu.be/QIVzrISHSHs


LESSON NOTES
Organizations have an ethical responsibility for fairness, equity, and respect for human rights, in their treatment of:
1. Workers and employees
2. Customers
3. Supply chain
4. Community
5. Investors


RECOMMENDED EXERCISE
1. For each of the five areas I list, how does your organization discharge its ethical responsibilities? (5 MC CPD Points)
2. For each of the five areas I list, how well does your organization discharge its ethical responsibilities? (2 MC CPD Points)


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RECOMMENDED READING
There are many books that discuss CSR. These are the ones I recommend:
Corporate Social Responsibility: A Very Short Introduction
https://geni.us/oCWl1m
Cannibals with Forks: The Triple Bottom Line Of 21st Century Business’.
https://geni.us/Lyr1bRP
Strategic Management: A Stakeholder Approach: R Freeman
https://geni.us/XzYlz
The Stakeholder Strategy: Profiting from Collaborative Business Relationships
https://geni.us/bPI5
Corporate Social Responsibility: Doing the Most Good for Your Company and Your Cause
https://geni.us/UCLsj
Corporation Be Good! the Story of Corporate Social Responsibility
https://geni.us/a97O


⭕️ Links to our book recommendations are affiliated through Amazon and help support our free videos

Managers Need a Basic set of kit to do your job well. Here are my top recommendations: https://kit.co/MikeClayton/manager-s-work-kit (the links are affiliated)


MANAGEMENT COURSES CONTINUING PROFESSIONAL DEVELOPMENT (CPD) POINTS
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CHAPTER MARKERS
00:00 - An organization’s moral and ethical responsibilities
00:31 - Range of ethical responsibilities
00:51 - Treatment of Employees
01:18 - Treatment of Customers
02:15 - Treatment of Supply Chain
02:30 - Treatment of Suppliers
03:00 - Supplier Codes of Conduct
03:40 - Treatment of Community
04:09 - Treatment of Investors
04:53 - Summing Up


#ManagementCourses #BusinessEthics #CorporateSocialResponsibility