In my view Social responsibility is to return to society what it has provided to you. Whether we assess on an individual level or collective level, (such as a firm, organization or company), the society plays an important role in shaping our ideas and future ambitions. (Mallin, 2009). On the corporate level, it is the society that gives recognition to any corporate firm, believes in its product and provides it a chance to grow and establish.
The extent of focus that a company needs to maintain on social responsibility varies from company to company and industry to industry. Many giant global corporations are moving forward towards larger social objectives, such as eradication of illiteracy in specified regions, environmental changes, Public health matters. (Werhane, 2003). But not all firms can perform on such extent. They lack resources, to achieve such aims hence a company can focus on social responsibility if only it is well-balanced with its operations.
There are a number of organizational ethical issues that companies need to focus and make policy changes. One of such issues is discrimination. In large global corporations, there are employees from different regions of the earth. They differ in language, race, culture, religion and gender. The distance between nations and the people of those nations is getting closer. Hence, it is very important for organizations to make policies address discrimination issues. (Cory, 2005).
Those organization that does not intervene and make policy regarding discrimination issues will certainly be at a loss. This is because the workforce or employees are the most important asset of any company. If employees face discrimination in the organization and feel that there is no corporate policy to fight with such, the talent will start to drain out.
Cory, J. (2005). Activist business ethics (1st ed.). Boston: Kluwer Academic Publishers.
Mallin, C. (2009). Corporate social responsibility (1st ed.). Cheltenham [u.a.]: Elgar.
Werhane, P. (2003). Business Ethics, Organization Ethics and Systems Ethics for Health Care. Springer, 73--98.