RR Report- Continuation

Purpose, Scope and Introduction

The purpose of this report is to provide a thorough analysis and a well-reasoned recommendation regarding Global Mind's Corporate Philanthropy Initiative. The principal objective is to provide insightful advice to the advisory board, which is essential to accomplishing a charitable activity that is consistent with the business's for-profit strategy. Renowned for its unique software solutions and digital services, Global Mind aims to capitalize on its success and participate in corporate philanthropy that enhances its core capabilities while also benefiting the community. Following extensive investigation and evaluation, the "Tech for Good Foundation," a nonprofit devoted to using technology to address societal issues, is suggested as Global Mind's charitable partner (Cha & Rajadhyaksha). The reasoning for this decision will be thoroughly examined in this research, along with possible advantages including improved reputation, easier access to tech-savvy personnel, and increased market share. In order to guarantee congruence between business goals and charitable undertakings, it will also address possible issues and lay out a strategic communication plan. It will also look at the accomplishments of companies like Global Mind that have collaborated with Tech for Good Foundation, as well as the organization's track record and ongoing initiatives, which will strengthen the proposal even further.

Research QuestionTop of Form

Global Mind will profit in various ways from its partnership with the Tech for Good Foundation. First off, more consumer loyalty and trust will be fostered by the company's improved reputation as a socially conscious digital company (George et al., 2020). In addition, this partnership provides access to a group of tech-savvy volunteers who can save resource costs by contributing to projects. One possible disadvantage, though, might be the claim that money intended for philanthropy would be better used for the expansion and improvement of the business (Nave & Ferreira, 2019). Global Mind might establish a Tech for Good Foundation grant program to carry out this relationship, assisting tech companies and projects that align with the company's principles. A similar for-profit company, InnoTech Solutions, has successfully partnered with Tech for Good Foundation, boosting their brand image and talent acquisition (Gehringer, 2020).

Discussion of Research I Need to Complete

I intend to carry out additional study to obtain data regarding the Tech for Good Foundation's historical success, ongoing initiatives, and the results attained by companies like Global Mind that have collaborated with this philanthropy. This data will support the plan and offer a more thorough examination of its possible advantages. Furthermore, I want to investigate the creation of an elaborate communication strategy to guarantee congruence between the business goals and charitable undertakings of the organization (Mei & Wang, 2021).

I have not yet run into any serious research-related issues. However, I believe that more thorough research may be necessary to obtain precise information about the Tech for Good Foundation's prior partnerships and their effects on partner companies. I will also need to do more research on this topic in order to give a comprehensive proposal because it may be difficult to evaluate possible objections made by stakeholders who would argue against funding philanthropy rather than growth and development (Gardberg et al., 2019).

References

Cha, W., & Rajadhyaksha, U. (2021). What do we know about corporate philanthropy?

A review and research directions. Business Ethics, the Environment &

Responsibility, 30(3), 262-286. https://doi.org/10.1111/beer.12341

Gardberg, N. A., Zyglidopoulos, S. C., Symeou, P. C., & Schepers, D. H. (2019). The impact of corporate philanthropy on reputation for corporate social performance. Business & society, 58(6), 1177-1208. https://doi.org/10.1177/0007650317694856

Gehringer, T. (2020). Corporate foundations as partnership brokers in supporting the

United Nations’ sustainable development goals (SDGs). Sustainability, 12(18),

7820. https://doi.org/10.3390/su12187820

George, J. J., Yan, J., & Leidner, D. E. (2020). Data philanthropy: Corporate responsibility with strategic value? Information Systems Management, 37(3),

186-197. https://doi.org/10.1080/10580530.2020.1696587

Mei, M. Q., & Wang, T. (2021). Place and corporate philanthropy: A systematic review. International Journal of Management Reviews, 23(3), 376-393. https://doi.org/10.1111/ijmr.12260

Nave, A., & Ferreira, J. (2019). Corporate social responsibility strategies: Past research and future challenges. Corporate Social Responsibility and Environmental

Management, 26(4), 885-901. https://doi.org/10.1002/csr.1729

GEB3213 Final Project Written Recommendation Report

Purpose: To Inform your Audience about the best choice of a corporate philanthropy for Global Mind.

Audience: Your boss (the company’s owner) and your company’s advisory board.

Situation: Corporate Philanthropy Initiative for Global Mind [footnoteRef:1] : Great news! Global Mind, the start-up company where you work, has become successful, growing, and making a substantial profit. The owner, Ms. Tahani Al-Jamil, wants Global Mind to become involved in some form of corporate philanthropy/charity . Ms. Al-Jamil, does not have time to check out the possibilities for Global Mind, so she asks you, her executive assistant, to conduct and analyze research on this issue and recommend a specific philanthropy and implementation model to her and the board of directors at the next board meeting. Note: Corporate social responsibility exists in many forms, but you must focus on an existing philanthropy/charity. You are not choosing “a cause”; you are picking an existing philanthropy. [1: Global Mind is a fictitious company existing only for the purposes of this project.  For your project, you get to decide what kind of company Global Mind is.  So determine what kind of company you want to for—accounting, finance, marketing, hospitality, management, manufacturing, retail/wholesale.  Determine Global Mind's product/service and target market, maybe even the mission. IMPORTANT: Global Mind is a for-profit business NOT a charitable organization, NOT a nonprofit, NOT a social-entrepreneurship venture.]

Your Tasks:

· Determine what kind of company Global Mind will be (your choice- it’s a fictional company)

· Research established philanthropies that fit with Global Mind’s work and corporate initiative

· Determine the most appropriate philanthropy for Global Mind (your choice)

· Prepare a Memo explaining your choice. You need to support with choice with research indicating why this philanthropy if the best choice for this company. Your written report will be followed up with an oral presentation to the board at the end of the semester.

Organization of report (USE the provided template):

1. Introduction: Briefly state your purpose, overall context, and preview. Explain the work product of Global Mind.

1. Recommendation: State the chosen organization and justify your choice (e.g., why is partnering with this specific charity the best choice for this company?). As part of your support, you might include tables or figures.

1. Methods for Implementation: Identify three ways your company can partner with the selected organization. Provide research to support these methods (e.g., research should include (1) how other companies have partnered with the organization; and/or how other similarly situated companies partner with philanthropic organizations to further their corporate mission. Some methods include specific types of fundraising or employee involvement. Provide advantages and disadvantages of each method.

1. Concerns and Benefits: discuss possible arguments against using this partnership and respond to these arguments with mitigating support and examples. Discuss how Global Mind will benefit from the partnership.

1. Conclusion: provide a two-part conclusion that restates the recommendation and its benefits to Global Mind. The second part of the conclusion should be a memorable take away message.

Content Must Include :

· The choice of an existing philanthropic organization, its relevance or synergy with your company, and the reasons supporting your choice.

· Three potential methods (models/approaches) to implement this philanthropic initiative; the pros & cons of these alternatives.

· Three real-world companies’ philanthropic initiatives you used to help you refine your recommendation (this bullet can be combined with the one above). Either company/industry or target cause must be similar to your project.

· Reasons why Global Mind should adopt your recommended implementation model must emphasize how your choice with benefit the company.

· Concerns associated with your recommendation AND mitigation of those concerns (how much will it cost Global Mind in manpower, time or inventory? )

Required Format: Use the Template Provided For You

· Prepare a recommendation report in memo format using letterhead you created, addressed to the owner of Global Mind and the board of directors (see template provided)

· The report should be concise but complete with concrete supporting detail, 1,200-1800 words ( excluding the memo headers, headings, tables, figures, and references), single-1.5, and have at least 8 sources (references) Your in text citations and reference list must be in APA format. You must provide an intext citation for any source you use in your paper.

· Use format (headings, bullets; short, topic-focused paragraphs, visuals, etc.) to visually organize your report and be reader friendly, attractive, and professional. Your paper needs to organized by headings and subheadings.

· Create your own Global Mind letterhead with complete contact information on page 1 only .

· Make sure you use the word “Memorandum” on page 1 under the letterhead.

· For subsequent pages, no letterhead, but use page headers/numbers to identify the document and page number; use Arial 12 font.

· Write in complete paragraphs with title sentences . Do not use bullet points or lists. Make sure your grammar and usage are correct. Do not use 2 or 3 sentence short paragraphs.

· Your paper should be written in third person; do not address the owner directly.

Submission to Canvas:

· Upload your Recommendation Report (labeled your last name . RR ) to Groups, Files Section- to be accessible to your peer review team. For this assignment, 10 points will be deducted if the complete paper is not available to your group for peer review.

· Revise your paper after receipt and viewing of Peer Reviews.

· Submit your final report (Save it as your last name- RR.Final. (e.g., Migdal.RR.Final). Submit your RR to the RR Turn-it-in assignment ahead of the due date so you can check the originality report and revise if necessary to ensure originality. 5 points will be deducted if the paper is not submitted to Turn-it-in.

· Submit your RR file to the Recommendation Report (RR) assignment dropbox in Canvas.

Grading: The Recommendation Report is worth 100 points. Ten points will be deducted from the final paper grade if it is not uploaded for peer review. Five points will be deducted if the RR is not submitted to Turn-it-in for an originality report. For grading criteria, refer to the rubric below the Canvas assignment drop box.