Security’s Role in Corporate Social Responsibility
Created by Greg Kane, Director IT and Product Technology for the Security Executive Council, with insight from Francis D’Addario, former vice president of Partner and Asset Protection for Starbucks Coffee and emeritus faculty member of the Security Executive Council
Why Security?Francis D’Addario, emeritus faculty member of the Security Executive Council and former vice president of Partner and Asset Protection for Starbucks Coffee, says that companies have only recently realized that CSR makes good business sense. D’Addario is the author of Influencing Enterprise Risk Mitigation, 2nd Edition, which deals with issues of social responsibility.
I "Now companies, organizations, NGOs and government agencies are realizing that their ability to transparently deal with others advances their mission, and security is a fast follower of executive management strategy. Recognizing risk [to people and communities] and letting people know you intend to do whatever is reasonable to mitigate it really buys you a lot of trust and confidence,” says D’Addario. “It’s becoming a fast if not well-known differentiator for best-of-class businesses.”
Security acts as an enabler for CSR programs, D’Addario says. “The security of an organization really depends on how it is perceived. To be locally relevant, the company needs to assess local risk—anticipating the needs and dependencies and conditions relevant to the health and well-being of the organization in that community. And you can do this in such a way that you’re recognizing what opportunities are out there as you’re recognizing the risks.”
What's In It For You?Of course, participating in a CSR program can bring the satisfaction that comes in doing good for your community and/or environment. However, running a CSR program is a great way to demonstrate your ability to add value to the organization. As stated in a 2009 McKinsey Quarterly article, there are a number of ways that CSR programs can add real value to the organization, and accomplishing any number of these will reflect strongly on your skills as a business leader:
How to Get a CSR Program Started?Use your existing knowledge of running new risk management programs to guide you. A good starting point is the common risk management program development cycle: