Archive for November, 2009
Method vs. Motive in CSR
My dad has given me many lessons over my lifetime and one of the ones I always seem to draw on is: Do not confuse someone’s method with his motive.
This came to mind recently when Goldman Sachs announced a $500 million philanthropy initiative to help small business owners through higher education scholarships, access to capital and mentoring. There is little doubt expressed by journalists and bloggers all around the country that what is motivating Goldman is a desperate need for good will coming out of months and months of revelations around the company’s role in Wall Street’s financial meltdown.
Goldman appears to have begun to embrace what we in causenation always look for from corporate America – transparency. (more…)
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