I should have also received the Economic Times Award

At the recently held Economic Times awards ceremony, Bharti Foundation was awarded the award for corporate philanthropy. My argument is that I along with million others should have also been given at least a citation if not the award with Bharti Foundation. I believe I and a million others had also contributed to the Rs. 200 crore corpus which Bharti Foundation spent on opening of the 500 primary and secondary Satya Bharti schools. In fact, I believe that I and a million others should have been the award for funding the Rs. 200 crore corpus while the Bharti brothers (Sunil Mittal & Rakesh Mittal of Airtel fame) should have been given the credit for managing the effort in an efficient and effective manner. Incidently, you could have even contributed towards this effort without knowing about it.

I don’t think businesses should be involved in CSR

Those of you who have read my earlier post on CSR will remember that I had discussed as to where should CSR start. I had quite a different view on what CSR is all about. If you remember, I had stated that if every company rakes care of its immediate stakeholders like employees, customers, vendors then the need for CSR will almost disappear. This could have a Domino’s effect. Every employee, customer and vendor has a family. In addition, some of our customers and practically every vendor would have employees, vendors and customers. The chain reaction could encompass the whole society.

Corporate Social Responsibilities and unsolicited calls

I have argued in my earlier posts that businesses need to look at corporate social responsibility in a different manner. If every business takes care of its immediate stakeholders like customers, employees and vendors, I doubt if they would need to need to establish foundations as most companies end up doing.