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How David Cooke implemented corporate social responsibility at Konica Minolta Australia

How David Cooke implemented corporate social responsibility at Konica Minolta Australia PurposeThis interview demonstrates how CEOs can focus on CSR to engage the workforce and change the culture and performance of an organization.Design/methodology/approachThis article reports on an interview with Dr David Cooke, Managing Director of Konica Minolta Australia.FindingsBy introducing CSR to the firm, and in particular pursuing the UN’s Sustainable Development Goal (SDG) #8 against human trafficking, the MD not only changed the management style and culture in the organization, but also enhanced commercial results. Performance improved across many measures: revenue, profit, market share in a declining marketplace, highest number of units placed into the Australian market, increasing prestige associated with the company’s brand, and becoming an employer of choice.Research limitations/implicationsThe findings are consistent with the literature on corporate sustainable investment, but further studies are needed to fully understand the processes involved in changing culture and improving performance via CSR.Practical implicationsThis interview clearly shows the steps that the new CEO took in radically changing the culture of his organization by adopting CSR extensively.Social implicationsThe power of business is vital to pursuing societal goals, and the case of Konica Minolta Australia demonstrates that doing so also benefits the company.Originality/valueThis study clearly explains how a corporate culture was changed and performance enhanced through a strategy based on investment in social issues. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Strategy & Leadership Emerald Publishing

How David Cooke implemented corporate social responsibility at Konica Minolta Australia

Strategy & Leadership , Volume 45 (3): 7 – May 15, 2017

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Publisher
Emerald Publishing
Copyright
Copyright © Emerald Group Publishing Limited
ISSN
1087-8572
DOI
10.1108/SL-04-2017-0034
Publisher site
See Article on Publisher Site

Abstract

PurposeThis interview demonstrates how CEOs can focus on CSR to engage the workforce and change the culture and performance of an organization.Design/methodology/approachThis article reports on an interview with Dr David Cooke, Managing Director of Konica Minolta Australia.FindingsBy introducing CSR to the firm, and in particular pursuing the UN’s Sustainable Development Goal (SDG) #8 against human trafficking, the MD not only changed the management style and culture in the organization, but also enhanced commercial results. Performance improved across many measures: revenue, profit, market share in a declining marketplace, highest number of units placed into the Australian market, increasing prestige associated with the company’s brand, and becoming an employer of choice.Research limitations/implicationsThe findings are consistent with the literature on corporate sustainable investment, but further studies are needed to fully understand the processes involved in changing culture and improving performance via CSR.Practical implicationsThis interview clearly shows the steps that the new CEO took in radically changing the culture of his organization by adopting CSR extensively.Social implicationsThe power of business is vital to pursuing societal goals, and the case of Konica Minolta Australia demonstrates that doing so also benefits the company.Originality/valueThis study clearly explains how a corporate culture was changed and performance enhanced through a strategy based on investment in social issues.

Journal

Strategy & LeadershipEmerald Publishing

Published: May 15, 2017

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