The Washington DC Sustainable Business Network

News and dialogue about how the business community can make the Washington, DC metro area a better place to live and work.

Wednesday, November 09, 2005

Holding Business To A Higher Standard of Giving Back

The Washington Post 'How We Give' (Business, Nov. 6, 2005) describes that while companies have accepted that strategic giving programs can benefit their bottom line, they still struggle with the pitfalls and consequences of alienating their customers and stakeholders. Read the article

When over 85 percent of consumers report that corporate giving impacts their purchasing decisions (Cone, 2004), companies cannot risk allowing ill -conceived and implemented giving programs to damage their reputations among stakeholder groups.

To find out more about how to implement a strategic program that can draw benefits to your bottom line as well as steer clear of controversy, contact DCSBN board member John Friedman at JohnF@dcsbn.org

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