Saturday, 10 October 2015

Core strategy??

The World Confederation of Productivity Science promotes the concept of SEE - Social, Environmental & Economic Productivities - suggesting that long-term business sustainability and success comes from  addressing all three.  Some have claimed that this is another 'take' on the concept of corporate social responsibility (CSR) but the WCPS ' view is that CSR is an add-on to a business, often for promotional reasons, whereas SEE is part of basic business fabric and must be treated as such.  There is a business case for addressing SEE - not a PR case.

The Volkswagen case has reinforced this belief.  Volkswagen was regarded as a leader in CSR - but it clearly wasn't part of core business strategy or core values.They didn't look a† environmental issues as a fundamental core of strategy - just something it was nice to brag about. And they completely forgot about that 'commitment' when tough business decisions needed to be taken.

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