Winning
the Talent War with Corporate Social Responsibility
These days, the term "corporate social responsibility"
(CSR) is almost on everyone's lips. As the war for talent
intensifies, organisations seek to adjust their talent
management strategies to remain competitive, and CSR is
seen as a key component in attracting and keeping quality
employees.
Dr. Richard Welford,
Chairman of CSR Asia. |
It is not surprising to see more CSR projects popping
up in the workplace. In fact, CSR has proven to be one
of the top ways to keep talents engaged as people now
all want to work for good employers who care about society.
In short, CSR matters. And it is time that organisations
placed some weigh on society instead of having business
as the only focus.
Dr. Richard Welford, Chairman of CSR Asia says that
corporate social responsibility is an important aspect
of business strategy and has a strong positive impact
on brand reputation and trust. It also helps to forge
a positive relationship with the company's various stakeholders.
One of the most
important stakeholders is a company's own staff, who
increasingly want to work for companies that they see
as responsible and contributing positively to society.
"People want to work for companies that they can
trust and respect. Increasingly financial compensation
is only one part of what talent is looking for. Increasingly
people are looking at a package of benefits to attract
them to an employer. Part of that package is often the
opportunity for personal development that can be gained
from employee volunteering and being involved in innovative
and exciting CSR projects and initiatives," says
Dr. Welford.
Get Staff Involved
Dr. Welford points out that more and more companies
are developing CSR initiatives in their business and
are trying to integrate CSR programs into their talent
management strategies. "The challenge is to find
initiatives that both enhance the brand and give staff
opportunities to be involved in environmental and local
community based projects. However, Hong Kong companies
still do not recognise the importance of nding innovative
projects and tend to epeat the same initiatives over
and over again."
For the purpose of engaging and keeping great talents,
Dr. Welford suggests that CSR initiatives should be
designed that bring a benefit to the company through
brand, reputation and trust and at the same time bring
bene ts to local communities.
"Staff should be able to support the initiatives,
if they wish to, and companies should think about how
they can use CSR projects to enhance the personal development
of their staff. Good initiatives will be linked to core
business, meet a real community need and will be designed
to involve staff," he continues.
Social Media
While more organisations realise the importance of CSR
and are communicating it to the people, Dr. Welford
says that organisations should be aware of the growing
popularity of social media and its impact on talent
management as well.
"Particularly for younger staff, the social media
is how they communicate to their peers and colleagues
and it is where they will comment on the activities
of companies. Companies with proactive and meaningful
CSR programs can bene t from the exposure of those
projects in the social media. This can have an impact
on brand perceptions and ultimately sales," he
adds.
Success Factors
Finally, Dr. Welford suggests organisations to note
the key success factors for developing CSR strategies
that help enhance talent management effectiveness:
- Deal with real needs in the community where the
company operates.
- Find out what staff members are interested in being
involved with.
- Identify staff with a passion for social and environmental
responsibility.
- Match staff aspirations with community needs.
- Communicate activities to bring reputational benefits
to the company.
When it comes to CSR, many employers would see employing
the disabled or the disadvantaged like the ethnic minority
as one of the main areas for ful lling CSR.
Mr. Nelson Yip Siu-hong, MH, Chief Executive of EP
Venture Limited and Executive Committee Member of Equal
Opportunities Commission (EOC), thinks that whether
organisations employ the disadvantaged groups should
not be seen as the focus.
"The focus of CSR should be sharing a company’s
values and ideology through various CSR initiatives.
It is not good to engage in CSR just because other people
think you should do it. It's about the cultivation of
corporate culture instead of leveraging one single CSR
initiative to attract talents. It’s like two sides of
a coin. On the one hand, organisations encourage staff
participation in CSR; and on the other hand, demonstrate
corporate culture to win employees' recognition,"
says Mr. Yip.
Mr. Nelson Yip Siu-hong, MH,
Chief Executive of EP Venture Limited and Executive
Committee Member of Equal Opportunities Commission. |
Diversity and Inclusion
As a sufferer of cerebral palsy, Mr. Yip shows particular
concern for issues like disability and rehabilitation,
and has taken up roles in various government and non-government
bodies, including the executive committee member of
EOC. He reveals that EOC employs various types of talents,
including the disabled and minority groups on an ongoing
basis. “It shouldn’t be highlighting a company's CSR
effort by merely employing a few disabled staff. The
key point is to have an open work environment of diversity
and inclusion where competencies of all talents are
gathered for perfect talent matching to handle different
tasks."
Mr. Yip says that it is not good to label the disabled
talents. All employers need to know is that the disabled
employees do have their strengths and can also create
value for organisations to drive growth. "We are
not asking all companies to think from an employment
perspective when working on CSR. Talent management and
CSR rely on an open work environment but employing the
disabled doesn't mean there is an open environment in
place."
Now, more organisations are having their own CSR programs.
While some may think that organisations will have ful
lled their social responsibility if they carry out CSR
programs such as special recruitment schemes for the
disabled, Mr. Yip holds that embracing corporate culture
is the starting point that can later lead to good employer
branding and corporate reputation.
"We hope that more companies will share their
value and philosophy through CSR programs. Companies
should ask themselves: Why do they promote CSR? What
do they want to advocate? Other than earning money,
what do they want to do for our society? CSR doesn't
really have to be organising large-scale campaigns,
but more importantly to have the company’s values demonstrated."
Responsible Employer
"Organisations should not engage in CSR programs
just because others are doing it. They should do it
from the heart and show that they are doing something
good for society as responsible employers. By displaying
corporate culture and philosophy, organisations will
be able to attract good talents to work for them, while
the public will gain better understanding of the organisations.
Effective talent management depends on whether a work
environment with diversity and inclusion is in place.
Employing one or two disabled employees doesn't represent
the fulfillment of CSR. The key is to let different
types of staff display their talents and make contribution,"
Mr. Yip adds.
More and more organisations have begun CSR programs
in recent years. Larger corporations invest even more
resources in them. As a key player in the real estate
sector, Sun Hung Kai Properties endeavours to contribute
to society through its various CSR initiatives as it
carries out its business operations.
SHKP Group Head of Internal Affairs CH Tang says,
"CSR should be seen as an essential element in
the sustainable success of an organisation. As a stakeholder
in society, it is important that an organisation takes
the initiative in doing something good for society.
Organisations doing well in CSR will contribute to society
and develop good branding that attracts and keeps talent.
Organisations that encourage staff to take part in CSR
activities can develop a strong sense of belonging among
staff working in different departments and team spirit
across the workplace, so all parties bene t for a win-win-win."
Mr. Tang believes that CSR activities offer a lot
of advantages to employees. By participating in CSR
activities, employees are able to broaden their exposure,
have a closer connection to society and pursue better
work-life balance. He says, "We believe that one
factor in the success of a CSR program is staff participation.
We therefore promote CSR activities to encourage participation."
Part of Training
One feature of the Group's CSR strategy is to integrate
CSR initiatives into training and development. Mr. Tang
says, “For example, we encouraged our people to take
part in the Race to ICC-100 – SHKP Vertical Run stair
limbing event at International Commerce Centre where
runners climbed over 2,000 steps to raise funds for
the Community Chest, and the HK Challenge where teams
competed over three days and two nights to raise funds
to support underprivileged young people. By participating
in these programs, employees could connect with their
colleagues and develop strong team spirit and cooperation."
Mr. C. H. Tang,
Group Head, Internal Affairs Department of Sun Hung
Kai Properties. |
Start from the Top
He also believes that support from top management is
essential for the success of CSR programs, noting: "We
are happy to have our top management, including our
chairmen and managing directors Thomas and Raymond Kwok,
active in the Group's CSR activities such as the Community
Chest Corporate Challenge with half marathon and 10-km
race. Thomas and Raymond joined hundreds of staff and
friends for the charity event, and both of them completed
the 10- km race."
"By participating, top management serve as role
models for the entire workforce, which is very effective
in encouraging staff to get involved in CSR programs
and contributing to society. Some of the activities
we organise are also open to employees' family members,
which is a good way to foster family relationships that
are a key factor for employee wellness," Mr. Tang
continues.
The CSR policy at SHKP consists of four key areas:
health and sports, community, environment, and reading
and youth development. "We believe in good corporate
citizenship and strive to build a harmonious community
with multi-faceted efforts. That is why we offer sponsorships
for a wide range of charitable projects. We hope they
can help the needy improve the quality of their lives,"
Mr. Tang says.
SHKP Volunteer Team
Mr. Tang says Building Homes with Heart is part of the
Group’s core culture. One of its Caring Initiatives
is to provide renovation assistance to families in dif
culty and elderly people living alone. This involves
SHKP volunteers using their professional skills to do
basic repairs and maintenance for the disadvantaged.
“These renovation projects make use of our resources
to help the needy, while our volunteers can apply their
skills to contribute to society," says Mr. Tang.
The SHKP Volunteer Team has set up for ten years and
now a team of over 2,000 members who put in over 80,000
hours of service in 2011. “Most of our CSR initiatives
are supported by our volunteer team members and their
relatives. In fact, the success of CSR programs doesn’t
merely depend on the Group’s efforts, but on cooperation
with various parties including NGOs and staff. That’s
why we hold a volunteer appreciation day every summer
to recognise volunteers'’ contribution to society,"
he says.
Mr. Tang talks about reading and youth development,
saying: "We aim to foster a culture of reading
in the community and also nurture talented individuals
to enhance the competitiveness of Hong Kong. Initiatives
include the SHKP Book Club, Young Writers’ Debut competitions
and the Modern Apprenticeship program that provides
underperforming students with practical learning and
on-the-job training, plus oneon- one coaching by experienced
SHKP employees."
Mr. Tang believes that effective talent management
interlocks with a healthy and strong corporate culture
that encourages teamwork and participation, while support
from leaders is necessary. He says, "It is expected
that organisations will place greater emphasis on CSR
in the near future. We will also invest more in CSR
programs to demonstrate our ideal of Building Homes
with Heart so that the Group, the needy and society
all benefit."
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