• Disconnect between budgeting process and situation on the ground
• Management dissatisfaction with the robustness, quality and duration of budgeting process
• Complex structure where even delivery units were considered to be profit centers
• Absence of well defined standard operating procedure.
• No standardized templates for the budgeting process across service lines and support departments
• No reconciliation and control mechanisms

CSR, or Corporate Social Responsibility, is the ownership an organization takes to ‘give back to society’ through which it prospers. Forward looking companies assume such responsibility with a sense of this purpose in everything they do.

The focus, therefore, includes contribution of time and money, a duty to provide environment friendly products and services, and a desire to improve the lives of individuals.

A committed, well laid out and implemented strategy helps society, while earning goodwill for the organization, by:

• Encouraging ethical behavior
• Contributing to economic development
• Improving quality of life of communities and society at large

An effective CSR implementation helps a business continue to differentiate itself, and be visible. Even with dozens of competitors, a real commitment to CSR lets businesses stand out. CSR can lead to new products and services that reflect company’s chosen values.

Companies with a history of good CSR strategies are recognized as prime examples of how they coupled social responsibility productively to advance goodwill, while building sustainable and impressive businesses. They have provided demonstrated leadership in pursuing both objectives simultaneously In effect; they have improved their reach out to society to “do more”.

CSR today is much more than ad-hoc donations and events and is moving towards a long-term strategic engagement that will reap social and business dividends for the company in the long run.

Baroda Productivity Council has the capability and expertise to act as a CSR advisory and implementation partner to Corporates. We offer strategic, administrative and implementation support to CSR initiatives tied to your mission, philosophy and your values.

BPC can assist you to:

• Define your CSR objectives
• Co-create a CSR strategy/ Plan
• Suggest causes or social initiatives(along with locations) in sync with your corporate agenda
• Source Social Workers and Implement the plan in a desired time frame
• Survey and measure effectiveness / impact of your CSR initiative

You have a trusted partner in BPC. In order that you can accord full attention to business, BPC will manage your CSR initiatives entirely. Our expertise in planning and execution, allocation of optimum resources will help execute CSR effectively.

With direct access to beneficiaries and our capability to spread and reach out to the grassroots level, BPC will transform strategy into practice. BPC will also continuously measure effectiveness of each initiative so that periodically strategies can be revisited whenever necessary.

Broadly, our methodology of administration of CSR initiatives will be:

• Assessing community needs
• Preparing an action plan
• Identifying and selecting partners and volunteers, including social workers, students, NGOs, etc.
• Imparting training on execution of CSRs to partners, volunteers, etc.
• Drawing up implementation processes, procedures, internal reporting mechanisms
• Closely monitoring progress
• Measuring outcome / impact of CSR initiative
• Submitting periodic reports for your review

Sample CSR initiatives which can be undertaken for various Corporate are:

• Developing basic rural amenities (bore wells, waste disposals, etc.)
• Promoting children’s education
• Imparting adult education
• Promoting family planning
• Promoting awareness campaigns
• Coaching rural school teachers
• Organizing blood camps
• Organizing medical camps
• Creating entrepreneurship, skill training and placement assistance programs for youth
• Imparting education to farmers & rural folks (on agriculture, organic compost, storm water harvesting)
• Creating self-help groups
• Promotion of Art and Culture