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SingTel: Philanthropic or Strategic Corporate Social Responsibility?
內容大綱
In 2014, the vice-president of Group Corporate Social Responsibility at Singtel, a Singapore-based provider of telecommunications products and services, was scrutinizing his proposal for the company's corporate social responsibility (CSR) transformation. He wanted to reposition Singtel's CSR approach to create greater social impact while demonstrating greater benefit to the company beyond promoting its branding and reputation. In doing so, he was mindful that the proposal would require greater financial investment on the part of the company. The proposal would also need to leverage the company's capabilities and partnerships and address the possibility of dropping its current beneficiaries. His team needed to convince the board of directors and senior management that the potential benefits of the proposed changes would be worth the financial investment and the possibility of reduced brand exposure.
學習目標
This case is suitable for advanced undergraduate or MBA courses in business strategy and management. This case explores a company's social impact arising from its corporate social responsibility (CSR) efforts.It presents an opportunity for students to evaluate the benefits of a different CSR approach that seeks to encompass a larger pool of stakeholders but requires more devotion in time and resources. Students will be able to acquire skills in formulating a comprehensive CSR framework that aligns well with both the external market trends and the fundamental values of the organization. These change management skills will prepare students for the diverse challenges of a volatile work environment.