An Ontologically Innovative Design of CSR Strategies: Enabling Value Added Institutional Collaborations

Abstract

This paper introduces an ontological design of a Corporate Social Responsibility (CSR) framework. Enterprise ontology contributes to CSR conceptualization enabling institutional collaborations and arbitrage. In a post financial crisis era where corporate budgets are limited there is an increasing interest from organisational stakeholders to focus on the practical aspect of managerial applications of CSR. The specific objectives of this paper are: firstly, to design a framework entailing long term Critical Success Factors (CSFs) necessary for a sustainable CSR design, secondly, to identify Key Performance Indicators (KPIs) necessary for the implementation of a CSR strategy, and finally, to realise internal and external socioeconomic and political forces of the indicated stakeholders that shape the CSR policies and collaborations.

The Case of Thessaloniki’s Branding: Constructing Social Networking and CSR in the Digital Era

“…This case also conceals that the formation of a SR network with respect to CSR and SD could be a valuable engagement strategy for several corporate practices, maximizing their CP. It also empirically provides valuable evidence for the strong ties existing between a SD strategy from the one hand and SR, CSR and CP from the other (Papagiannis, 2016). Finally, it presents the valuable social and organizational role of the volunteers and NGO groups, with in the CSR context.…”

“…Thus, these dynamic relationships between all themes, that figure 8 presents, boost holistically the synergetic value added of SR and CSR. As a result, SR and CSR engagement requires a holistic approach, underlying the need for a significant strategic design in the way that organizations think and act (Papagiannis, 2016).…”

“…It synthesises a series of strategic management and marketing networking activities. It embraces the primary city's stakeholders (Crane et al, 2013;Papagiannis, 2016): i) city residents for participating and volunteering; ii) local institutions and corporations for supporting and funding thematic activities; iii) leading collaborations with other national and international sister cities and institutions to jointly stimulate an extrovert promotion (Smith, 2010). Although place marketing literature has been a scholarly research field for a decade now, there are still many challenges to be addressed for unfolding the role of SR in branding and networking (Kalantides and Kavaratzis, 2009;Gundlach and Wilkie 2009).…”

Procuring Socially Responsible Services Within Sustainability-Driven Thessaloniki

“…A common way for public disclosure is digital data dissemination, as SOEs are legally obliged to communicate their actions and results to external stakeholders [24]. At the same time, these novel procurement-design initiatives minimise the negative effects of the ongoing Greek financial crisis [25]. The public tender for these socially and environmentally balanced sustainability services commenced in 2012.…”

Overhauls in water supply systems in Ukraine: A hydro-economic model of socially responsible planning and cost management

“…Among the most important issues revealed are: i) the lack of strategic socially responsible goals and objectives of fixed assets reproduction (Papagiannis, 2017); ii) lack of funding for planned overhauls; iii) embryonic functions and sustainable reporting of predicting failures and planning overhauls in WSS; and iv) fragmented information reporting of the water supply networks status.…”