The concept of Corporate Social Responsibility (CSR) has been on the radar since the 1950s and has altered the way many organizations conduct business:To which extent should organizations align their goals to be socially responsible?Is it worth making a commitment to the social good?Which management practices help drive CSR?Insights from evidence-based management (EBM or EBMgt) show that CSR has many positive effects and does not have to mean altering a strategy - rather, small steps can yield big outcomes and help firms create sustainable value in mindset and organizational culture.
Organizations often face tensions in reconciling their social and ethical values with daily practice. Drawing from broader literature across sectors, it emerges that social justice management is an approach with useful practices for all organizations. Learning to balance moral value with material interest can help organizations stay on top of change, remain flexible, and gain more commitment from employees. Through social justice-based strategies for management organizations can learn to ‘practice what they preach’, reconcile tensions, and stay true to their values.
