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04/15/2023
A few thoughts on "Socially responsible Investment in child survival and development - the reality check"
D.K.Bose
04/15/2023
Child Survival and Development
For healthy children we need healthy mothersFor healthy mothers we need healthy adolescent
Invest in Mother & ChildD.K.Bose
04/15/2023
Child SurvivalA two step involvementAdolescent to Adolescent care9 months from conception to 9 months after delivery
D.K.Bose
04/15/2023
Child Survival And DevelopmentEducationEmpowermentSkill developmentGender sensitivity
D.K.Bose
04/15/2023
Corporate Social Responsibilty
The reason why and the way to act
D.K.Bose
04/15/2023
Corporate Social Responsibility is the continuing commitment by business to behave ethically and contribute to economic development while improving the quality of life of workforce and their families as well as of the local community and the society at large
D.K.Bose
04/15/2023
CSR as a comprehensive set of policies, practices and programmes that are integral throughout the business operations
D.K.Bose
04/15/2023
And finallyBecause CSR is a strategic business decision and smart investment into the future of the organization, people and profits.
Specifically socially responsible investments on children, adolescent and mothers are investments into the future
D.K.Bose
04/15/2023
Socially responsible InvestmentWhy should doing social good be a corporate
responsibility?Corporate organizations are an integral part of the societyMaking profit should be mutually beneficial to both,
companies and the societyIsn't doing social good a government responsibility?All societal stakeholders are responsible. Companies
cannot only take or make profit from the society, but should also give back something in return
But I do not have the resources, financial, people and the organizational infrastructure
If companies develop business strategy inclusive of this responsibility rest of the things will follow
Must view this as a business opportunityD.K.Bose
04/15/2023
Socially Responsible Investment in Child Survival & Development
D.K.Bose
04/15/2023
Investment in child survival and developmentMy company has nothing to do with child survival and development. It is into mining. Every organization has a lot to do with
child survival and developmentChildren are the futureThey are the builders of the nationFragility of their life bring fragility to
your existenceThey are your future employees
D.K.Bose
04/15/2023
Investment in child survival and developmentInvesting on them ensures your securityInvest in child’s health, education,
nutrition including for mother’s nutrition make good business sense
For a healthy mother and child invest on adolescent girls
Invest in gender parityInvest in women empowerment
D.K.Bose
04/15/2023
What does child survival and development mean?
Care at Pre Natal, Natal and Post Natal stageTaking care of health of adolescent girls and
providing health education- re: Reproductive health
Care and nurturing till 5 years of ageEnsuring mothers healthNutritional provision for both mother and childSupporting actions on preventable diseases, such
as immunization etc.D.K.Bose
04/15/2023
CSR Focus on Health & Development
A Practical Approach
D.K.Bose
04/15/2023
CSR a practical approachCSR a business decisionReview current company philosophy, vision and
mission statement Identify areas of opportunity for CSR participation in
the context of health and developmentDesign a new business strategy. Get stakeholders,
market and operations assessmentsGet marketing mix and organizational considerationsSet value impact and leadership requirementsMatch resources to revised strategiesEngaging stakeholders roles and actions
D.K.Bose
Health and development issuesAccess to water.Safe drinking waterSanitation, Hygiene, Personal hygieneDisease prevention. Immunization, Diarrhea managementSpecific disease management program. R&DMother and child nutritionReproductive health education. Community, Adolescent
girlsPrimary education. Special program for girl childEconomic empowerment through developing SHGs Developing access to electricity. Solar energyFinancial inclusion program Fundamental premise: Must relate to company
vision, mission, brands & services 04/15/2023
D.K.Bose
Integrating health with Business/marketing strategyIdentify stakeholders through whom the strategic CSR program will be implemented
CustomersEmployee InvestorsLocal communitiesBusiness partnersSuppliersCompetitorsDistributors and dealersOpinion forming groupsGovernmentsNGOs InfluencersFacilitators
04/15/2023 D.K.Bose
04/15/2023
ImplementationSensitize all on the overall perspective and on the
issueCreate an internal groundswell on the issueBring in the other stakeholders who are likely to
play an important role in the implementationSuch as Business partnersSuppliers Distributors and dealersNGOsInfluencersReview and ensure complete integration with
the marketing mixD.K.Bose
04/15/2023
Monitoring and Reporting Constantly monitor all information regarding
the new issue. Analyze and identify areas of gaps
Specific to issue,Specific to steps takenSpecific to roles of stakeholdersSpecific to marketing mixSpecific to implementation stepsSpecific to feedback, reporting systems
D.K.Bose
04/15/2023
Some CSR initiatives in IndiaHealth EducationDirect to ConsumerFocus on healthcare
initiativesCounseling sessionsAwareness
programmesHIV and AIDS
services
NestleTCSMRF
Organising training programmes
Organising educational camps
Working with educators
Run company’s schoolDonate computers
TCS IBM ITC
D.K.Bose
EnvironmentRecyling of
products
Control water wasteageWaste minimizationPollution preventionTree plantation
IBMMarutiMRF
04/15/2023
Kerala perspectiveThe State statistically comes out good on health, education and on gender. However there is a lot of scope specifically in the areas of child survival and development. Looking at the statistics it will be worthwhile for the companies analyse needs in areas of:
Health servicesProviding for safe drinking waterSkill training programme in areas of
service deliveryProviding for quality educational
programmeNutrition: Provide nutritional support to
the pre-school children to tackle malnutrition in tribal areas
Support in lifeskill education for adolescent girls and adolescent health programmes
Mobile van service to pregnant mothers to reach the PHC for delivery
Health education on benefits of preventive action through community participation
Collaborate with NGOsSkill development for employment
generation D.K.Bose
04/15/2023
Some companies active in Kerala HLL Lifecare Muthoot Group Federal Bank Sobha Developers V-Guard
There must be many more. However some may be doing
the same as philanthropy rather than as business
investment D.K.Bose
04/15/2023
Some investment areasNutritionPersonal hygieneKnowledge of
reproductive healthEducation/Empowerment
on rightsHealth educationPrepare the mind on
preventable diseasesValues of family planningTaking care during
prenatal and postnatal stages
Importance of breast feeding
Importance of immunization
Importance of nutrition and care of new born babies
On gender sensitivityPrimary educationPerils of early marriageSkill development
programD.K.Bose
04/15/2023 D.K.Bose
Thank You