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Starbucks CEO Howard Schultz’s Strategy to Boosting Profits

Starbucks CEO Howard Shultz on how corporate social responsibility builds the bottom line, and personal responsibility builds our country. “I guess I’m more of a sh*t than I realized,” a journalist was overheard saying at the Starbucks Annual Shareholder’s Meeting. “I could never work at Starbucks; the people who work here are just so excited about …

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CSR can help bring about social justice

A silver lining amid the dark clouds came in Telangana State when the State government issued a GO for the implementation of corporate social responsibility (CSR).   That was a welcome move despite it not being able to solve the problem in its totality. Though inadequate, gaps could be effectively filled even if 40 per …

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Social responsibility has HR benefits too

A study finds that leaders consider social responsibility as a good tool for employee engagement  Linking a firm’s social responsibility objectives with leadership development can improve employee engagement, says a global study released by the Hay Group division of the world’s biggest executive search firm Korn Ferry on 31 March.

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FCRA tweaked to boost CSR spend

Way cleared for parties to receive donations from firms classified as foreign companies. A discreet move to amend the Foreign Contribution Regulation Act (FCRA), 2010 through the Finance Bill that has gone unnoticed appears to have a twin purpose — unlock an estimated Rs. 10,000 crore that corporates want to spend on corporate social responsibility …

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Everybody wants a slice of the CSR pie

On 1 April, Corporate Social Responsibility (CSR) Rules complete two years of existence. The two years have been a learning curve for all stakeholders. They have also seen an ever-increasing number of claims being made to funds available under the head. Given the level of interest, one would think that the corpus available under CSR …

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