Answer to Question #195606 in Management for Lucy

Question

LOOK AT WEAKNESSES IN CSR STRATEGY OF WOOLWORTHS & MAKE SUGGESTIONS ON HOW TO IMPROVE ON THESE- name 5 improvements (problems and solutions)

Answer 1

Weaknesses

1. The business cost and expenditure have increased over time while trying to implement the CSR strategies.
2. The incompetence of the business as they are concentrating on many objectives.
3. Too many strategies at the same time.
4. Carbon emission reduction has affected the efficiency of the organization regarding timely delivery.
5. Less involvement of the employees

Solutions

1. Set a fixed percentage of the profits generated for CSR, this will help in producing a constant amount to fund the intervention without paralyzing the shop"s operations.
2. Management can form a special department to deal with corporate social responsibility affairs so as to reduce incompetency.
3. The management should undertake one strategy at a time to avoid straining their budget and concentrate on the quality of their CSR strategies.
4. They should find a way to speed up their production and still reduce carbon emissions because timely delivery is the key to a business's success.
5. The management should involve employees in CSR because it boosts their morale by making them feel good about themselves. The feeling that they are giving back to society and that their organization is of great benefit to the society.