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The PA CSR operational approach
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So CSR is not a hand-out; it is not covering matters that are already included in laws and regulations; it cannot be ‘done’ by NGOs or Governments as they are not ‘Corporate’; it cannot be based on incidents but should be a sustained effort in order to serve long term profitability goals of both society and company. In other words, CSR must be based on two business plans: of the investing company and of the new business activity of local society delivering goods and services to the investing company.
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Socio-political marketing
Emerging economies must deal with scores of problems at the same time: poor and insufficient health care, education and infrastructure; malnutrition; contagious diseases; lack of trained manpower; lack of tax morality; lack of social cohesion; low levels of business initiative and high levels of interest rates – to mention a few.
In cooperation with Governments industries in certain sectors already engage in specific activities to distribute low cost essential nutrients; help educate or train; finance roads and waterworks; provide medicines. But current approaches can neither be sustained nor operated at large scale. |
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PA CSR is working out new approaches including socio-political marketing. This leads to large scale projects involving cross spectrum consumer categories and industries with the support – not the involvement – of authorities. Low margin but large scale sales can be a result that allows successes in the fight against malnutrition and disease. |
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