March 15, 2016 at 1:25 pm
Hammad Ahmed Qureshi – OBU Registered MentorParticipant
Yes, if they are in same industry, comparison is fine. For example, in automotive industry a company manufacturing cars and a company manufacturing cars + bikes can be compared.
Hammad Ahmed Qureshi – OBU Registered Mentor.March 15, 2016 at 1:27 pm
Thank you.March 15, 2016 at 6:21 pm
Topic 20 is about best practice -while you can make comparisons with a competitor do not be constrained by this. Approach it by looking at exemplary instances of CSR and seeing how your company measures upMarch 15, 2016 at 6:23 pm
Can you describe it a little more elaborately please Trephena?Thank you.March 15, 2016 at 6:30 pm
Look at the GRI for ideas and if you use key words in a search on Google find out the best performers – there are organisations who rank companies so then home in on these companies to see what they do well and then compare with your organisationMarch 16, 2016 at 6:44 am
Currently i am in middle of my RAP and i am using Carrolls model as my primary model and also using stakeholders theory may be for 1000 words and gray,owen and adam csr positions in my concluding part.are they relevant for topic 20.Thank you.March 16, 2016 at 6:45 am
Or do you have any suggesstions for models that are best for topic 20.Thank you.March 16, 2016 at 10:07 am
@dewan – we had at least 3 topic forums that had been opened for T20 so I have merged them all. You will find that your query has been answered previously. I suggest you go through the whole amalgamated forum as there is a lot of helpful and really useful advice including a submission checklist specifically for T 20
NOTE TO ALL STUDENTS this demonstrates the importance of NOT opening a new topic each time you personally have a new query but searching to see if the topic already exists otherwise you may yourself miss out on the existing good guidance 🙂
Please read ‘Help keep our forums tidy!!!!’March 16, 2016 at 10:17 am
Ok cheers.March 23, 2016 at 8:38 am
unyimeedemParticipantMarch 23, 2016 at 6:44 pm
I understand that the recommended models to use on CSR are Carroll’s pyramid and Mendelow’s Matrix. But why are they suitable and relevant? How should i write in my report?March 23, 2016 at 7:52 pm
Hammad Ahmed Qureshi – OBU Registered MentorParticipant
For RAP, any model will be relevant depending on your objectives, topic itself, circumstances and your approach to achieve objectives. For CSR, Carroll’s pyramid highlight different philanthropic,ethical, legal and economic responsibilities, now you can think of why this model is important and will help you achieve objectives? It may help you to define whether your company fulfill Philanthropic responsibilities or is ethical or just legally responsible ? Points that you will make within this framework can then be used against any regulatory CSR related laws or principles issued by government for evaluation whether company is meeting them.
Mendlow’s matrix allows to have different perspective that organisation will be governed by its key stakeholders. Hence, let us look at their powers and interests. So, it will highlight whether organisation serving only powerful stake holders or all and in which box it falls?
In the end, it depends only on your approach. Yes, these are recommended ones not necessary ones. You need to ensure these models allow you to achieve your RAP title and your objectives.
Hammad Ahmed Qureshi – OBU Registered Mentor.April 30, 2016 at 8:49 pm
***MPORTANT NOTICE FOR ANYONE SUBMITTING IN P32***
I have produced a special submission checklist for Topic 20 – please go to page 4 of this topic forum to find it.
Please also consult the General Submission checklist at the top of the first page of forum topic list.May 6, 2016 at 10:37 pm
Could you please kindly answer my followibg query please:
Is it an issue if there is a diffrence of 1 month between a conparative company and the company i have chosen for Topic 20.e.g. Comparative company’s year ends at june and my chosen company’s year ends at may.do i need to do prorata for this difference if i calculate any ratios for conparisons between this 2 companies.Hope you have ubderstood my query.
Thank you.May 10, 2016 at 3:11 pm
@dewan – There is absolutely no problem. T20 does not prescribe a comparator but comparing and contrasting your company with similar companies (size and /or business sector) will help show how well or badly it performs as a corporate citizen – year ends have nothing to do with this! (Just as long as the information is relatively up to date). Any comparison of financial information is incidental. Usually in relation to shareholders of the main company is sufgicient (although charitable donations and initiatives are worth focusing on in relation to Carroll’s). You do not have to routinely compare profit and dividends with another company unless there is a significant point you wish to make. With charity it is more useful to work donations out as a % of profit and compare the trend over time and also compare with the trend in dividends.May 10, 2016 at 3:19 pm
Thank you Trephena.May 18, 2016 at 4:49 am
I am wondering if you could answer my following query please
I have submitted RAP and by mistake in my SLS part i put the wrong date for my second meeting instead of 02/03/16 i put the year 15.Dates for other meetings are ok.is it gonna be a big issue.please let me knw.i am really nervous after seeing this.Hope you understands.May 18, 2016 at 10:31 am
Probably will be alright as long as other dates are consistent. If the marker is unhappy about it and finds other inconsistencies they might refer it to the ACO as suspicious work. Then you would have to explain what happened. At this stage you can’t do much about it. One wrong date probably won’t matter .May 18, 2016 at 10:50 am
Oh no now i am really worried.i have put so much effort intovthis report.it would be a shame if they suspect my work for this.Thanks any ways for your queriesMay 18, 2016 at 11:18 am
I have referenced each and everything in my report which i have taken from internet sources and even if they believe its not my own work.dont know
what to do?May 18, 2016 at 5:02 pm
Don’t worry about it – I was just saying what the worst case scenario was – it may never happen!May 18, 2016 at 5:19 pm
Thanks a lot mate.
But are you aware of any instances like this where report has been referred to ACO due to one wrong date or something like that.I am confident as i have done my report on my own.so if they dont penalty me due to wrong date i am sure i will be allright.please update me if you have any knowledge regarding this issue.you are always helpful thanks a lot for that.i hope i can enjoy more the europa league final now.cmon liverpool.thnk you a lot.June 9, 2016 at 3:35 am
I am using Carroll’s pyramid and Mendelow’s matrix. I am including the seven positions mentioned by Gary,Owen and Adam too.Should i include Triple bottom line as well ?June 9, 2016 at 4:32 pm
@annie – the purpose of the models should be to guide your application of the theory to your company and see how it measures up on the various factors. In this respect the Gray, Owens and Adams model is of limited use – so personally I would not bother to use it and would recommend the triple bottom line as more relevant when doing a RAP on CSR.
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