Professional Documents
Culture Documents
PRESENTATION
Disay, Jhosalyn
Garcia, Almarie
Garcia, Joshua
Realino, Carl Daniel
Rivera, Rhecalyn
Umali, Christine
RESPECT FOR STAKEHOLDER INTERESTS
INTERNAL EXTERNAL
STAKEHOLDERS STAKEHOLDERS
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It lays new mindsets on the board which is deemed It’s just, reasonable, and fair to one and all. All It takes in wide- ranging assessments from all
better as opposed to a situation where in the stakehholders can engage in activities and partake in segments and groups of the community concerned,
development and implementation of a project were the decision- making process that may seriously therefore providing a clear - cut representation of
curbed to a small cluster of like-minded people. affect them the community situation and and probable
drawbacks and strengths.
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It wins buy- in and backing for the effort from all It intensifies the integrity of your organization. It escalates the odds for the victory of your work. In
stakeholders by rendering them an essential role for Engaging and paying attention to the issues of lieu of all the above why’s and wherefores,
its preparation, planning, operations, progress, and interests of all stakeholders ascertains your recognizing stakeholders and acting in response to
assessment. association as rational, principled, and transparent, their concerns rustle up expected probability that
and fashions the likelihood of that others would wish your detemination will have both the community
to work with you in other possible ventures. support it requires and the fitting emphasis to be
successful.
Principles for building trusting and lasting
relationship with your stakeholders
• Listen to others and seek first to understand before being understood. Communication is a two-
way thing. Nothing will be accomplished if only one is talking. Similarly, everything will be in vain
if no one listens. Misunderstandings happen due to miscommunication.
• Maintain a positive mental attitude. Be serious with your commitments but don't be afraid to
inject humor from time to time to break the ice. You can be serious while being cheerful, and
approachable. Smile
I NTE RNATI O NAL BI LL
O F HUMAN RI G HTS
"..In situations where human rights are not protected, take steps
to respect human rights and avoid taking advantage of these
situations..."
According to Ms. Arroyo, many corporations and other businesses have shown very little care for the welfare of society, the community where
they operate, and the natural environment where these corporations are situated.
Insofar as the bill is concerned, CS-related activities include charitable programs and projects, scientific research, youth and sports
development, cultural and educational promotions, service to veterans and senior citizens, social welfare, environmental sustainability, health
development, disaster reliet assistance and employee - employer related CSR activities.
The Bill however, received mixed reactions from various sectors even when it was first filed:
• The League of Corporate Foundations (LCF) president Edgardo Amistad said, "CSR should be a voluntary activity and not mandated by
law"
• The Management Association of the Philippines (MAP) made public its stand that the proposed law is "not necessary" It added that the
"practice of SR should be a voluntary commitment to ethical business principles"
• All sectors however, are not closing its doors to "what the bill could offer to business."
CSR Definition in the Filipino Context
Definitions of CSR in the local setting make specific references to economic development and the
importance of community relations. We offer three definitions which are deemed relevant to the better
understanding and appreciation of how CSR is defined in the Philippine context:
1. The League of Corporate Foundations, Inc (network of over 80 operating and grant-making corporate
foundations in the country) defines CSR as "a corporation's continuing commitment to perform as a
responsible member of society by behaving ethically and contributing to economic development while
improving the quality of life of its workers, the community and the environment"