In Search of Corporate Responsibility

Paper Summary:

This paper looks at the need for corporate leaders to become more socially responsible from both an internal and external organizational perspective. The paper points out that it should be part of the corporate leader's duty to be socially responsible both in terms of an organization's internal relationship with its employees and in terms of its external relationship with the community.

From the Paper:

"While nowadays there are many major corporations who take some sort of pride in providing community support (even if, like pharmaceutical companies in AIDS-stricken Africa, they were literally forced by public pressure to do so) social responsibility comes from within, first. Among the first to recognize this "from within" idea was Dr. Edward Deming, who had to go to post-war Japan to get his ideas about teamwork and a "family" concept proven. He may have been one of the pioneers of creating an ethical standard as a sort of "contract" between employer and employee."

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