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Lecture Learning management systems - Lecture 3

In this chapter, the following content will be discussed: Understanding ‘social responsibility’, social responsiveness of an organization, meeting social audit challenges, how to meet philanthropy challenges, ways for building sustainable organizations, appreciation of the role played by ethics in management. | CSC350: Learning Management Systems COMSATS Institute of Information Technology (Virtual Campus) Overview of the Previous Lecture Significance of Managers Management System Management Process & Functions Mistakes Made by Mangers Process and Organizational Resources Effectiveness With Efficiency Management Skills: Classical and Contemporary Learning Management Careers 2 3 Lecture # 3 Managers, Society, and Sustainability Understanding ‘social responsibility’ Social responsiveness of an organization Meeting social audit challenges How to meet philanthropy challenges Ways for building sustainable organizations Appreciation of the role played by ethics in management Topics of Discussion Social Responsibility The managerial obligation to take action that protects and improves both the welfare of society as a whole and the interests of the organization Areas of Social Responsibility Urban/Consumer Affairs, Community Volunteerism, Employment Practices Ecology Conservation Fundamentals of . | CSC350: Learning Management Systems COMSATS Institute of Information Technology (Virtual Campus) Overview of the Previous Lecture Significance of Managers Management System Management Process & Functions Mistakes Made by Mangers Process and Organizational Resources Effectiveness With Efficiency Management Skills: Classical and Contemporary Learning Management Careers 2 3 Lecture # 3 Managers, Society, and Sustainability Understanding ‘social responsibility’ Social responsiveness of an organization Meeting social audit challenges How to meet philanthropy challenges Ways for building sustainable organizations Appreciation of the role played by ethics in management Topics of Discussion Social Responsibility The managerial obligation to take action that protects and improves both the welfare of society as a whole and the interests of the organization Areas of Social Responsibility Urban/Consumer Affairs, Community Volunteerism, Employment Practices Ecology Conservation Fundamentals of Social Responsibility Businesses as a whole are a subset of society Businesses have a responsibility to help maintain and improve the overall welfare of society Performing social responsibility activities earns greater organizational profits Arguments FOR Social Responsibility Activities Milton Friedman, Economist Businesses being socially responsible conflict with profit interests of business owners Socially responsible public activities conflict with private organizational objectives Unethical to use owner profits for society’s interests Arguments AGAINST Social Responsibility Activities Businesses and managers should: Perform all legally required social responsibility activities Consider voluntarily performing social responsibility activities beyond those legally required Inform all relevant individuals of the extent to which organizations will be involved in social responsibility activities Conclusions About Being Socially Responsible Social Responsibility and Federal Legislation