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Harvard Business Review Re: CSR & COVID-19

lucypei

This concluding quote really summarizes the position of this article: "No one expects or requires major companies to take extraordinary measures to help their many stakeholders, but the bold and creative steps they take today to deliver immediate assistance will define their legacy tomorrow."

The author is managing director of FSG, a global social-impact consulting firm. He is lauding how acts of un-mandated CSR like Johnson & Johnson's pulling Tylenol off shelves or his own company's sliding-scale pay-cuts instead of layoffs are still talked about and used as cases in business school. He is using the "business case for CSR" line of argument to encourage companies to take steps such as giving their employees loans at a lower or no-interest rate, or doing the equivalent of "buying gift cards" from small suppliers. These actions, which don't even require any loss from the corporation, are portrayed as providing a huge boon to the company's reputation and employee loyalty, and still being above and beyond what is expected or mandated of corporations. 

The author opens with stating that the government's stimulus package is too little too late, which unfortunately is true, and then saying that the only option is for corporations to voluntarily engage in these primarily loan-based forms of assistance. 

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KRISTIJONAS.KERTENIS
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The incredible amount of awful potholes in Newark called for this report. This report lists all of the streets and the dates that they will be paved in Newark, and it is one fat list. Newark roads are awful. Bad roads=poor infrastructure= weak resilience. If there is a disaster, someone who lives in a poor area may hit a pothole and be completely stranded and die, as a result of the poor infrastructure of our roads in Newark. I once hit a pothole in Newark and the bang from my wheel hitting the edge of the hole was loud and drastic enough for me to worry about a flat tire. I didn't get a flat, fortunately, but my tire frame was bent. 

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ArielMejiaNJIT
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I uploaded this artifact because I believe that reparing Newark’s infrastructure is very important, especially since a lot of it’s economy relies on it. Without the repairs, it would lead to bigger problems such as increasing the cost of maintenance for its residents and the companies that use it daily. This decision made me realize that although Newark is struggling in bringing its economy back, its politicians know that maintaining it’s road is the foundation towards recovering from the recession.