Watch the Liberty Mutual Video: Greyston Bakery and review the Greyston Bakery website. As you review the video and website, think about the company’s reasons for being socially responsible.
For this discussion respond to the following questions:
•
• Is the Greyston Baker reason for being socially responsible pragmatic, ethical, strategic, or some combination?
• Who are the key stakeholders? How might your background and biases influence your interaction with a diverse group of stakeholders like you find in the Greyston case?
• When you think about the four types of corporate social responsibility, what is your assessment of how the company is doing? (The Annual report is on the company’s website under the Foundation tab.)
• What ideas do you have for strengthening your own organization’s approach toward social responsibility?
Objectives, Readings, and Resources
Learning Objectives
After completing this week’s activities you will be able to:
• Examine social responsibility from an individual stakeholder perspective.
• Analyze the various strategies of implementing social responsibility programs and provide ideas to strengthen programs within businesses.
• Identify the benefits and risks of corporate social responsibility within an organization.
• Examine organizational ethical issues from a stakeholder perspective.
Readings, and Resources
Textbook Readings
• Trevino, L. K., & Nelson, K. A. (2021, 8th Edition). Managing business ethics: Straight talk about how to do it right. Hoboken, NJ: John Wiley & Sons, Inc.
o Chapter 9 Download Chapter 9, Corporate Social Responsibility
o Chapter 10 Download Chapter 10, Ethical Problems of Organizations
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The Greyston Bakery
https://shop.greyston.org/
Review the Greyston Bakery website and watch the Liberty Mutual Video: Greyston Bakery. Consider the company’s reasons for being socially responsible as you watch the video and visit the website.
Respond to the following questions for this discussion:
•
• Is Greyston Baker’s motivation for being socially responsible pragmatic, ethical, strategic, or a combination of the three?
• Who are the most important stakeholders? How might your background and biases affect your interactions with a diverse group of stakeholders, as in the Greyston case?
• How do you rate the company’s performance in terms of the four types of corporate social responsibility? (You can find the Annual Report on the company’s website under the Foundation tab.)
• What suggestions do you have for improving your own?
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