Project Description

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Scope of the project:

1. Define Project Objective:
- Develop a comprehensive CSR strategy that aligns with the company's core values and business objectives.
- Specify why the company needs a CSR strategy

 

2. Identify Key Focus Areas for CSR:
- Environmental sustainability
- Supporting education and health for local communities
- Community engagement and development
- Sports sponsorship
- Art and culture

3. Stakeholders:
- Identify and engage internal stakeholders (executives, employees, board members) and external stakeholders (customers, shareholders, community, NGOs).

4. Budget and Performance:
- Specify the financial resources allocated for the CSR initiatives.
- Develop key performance indicators (KPIs) to measure the success of the CSR strategy.

Approach:

1. Research and Analysis:
- Conduct a SWOT analysis to understand the company’s strengths, weaknesses, opportunities, and threats in the context of CSR.
- Analyze industry benchmarks to identify best practices.

2. Strategy Development:
- Define the CSR vision and mission.
- Establish CSR objectives tied to the company's strategic goals.

3. Validate and Refine:
- Develop a detailed action plan specifying tasks, responsibilities, and timelines.

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What you need to submit

For Phase One, you must create an A3, PDF poster to outline your idea or project. This poster should include the following information: 

• What is the problem statement
• What the idea is
• How does it solve the problem outlined in the problem statement
• How scalable is it
• What resources and timeline do you need for your idea
• How is your idea different from other solutions
   

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Deliverables

Judging Criteria

• Creativity: How creative is your proposal?
• Impact of the project: How many people can benefit from your proposal?
• Feasibility: Is it an idea that could replicated in real-world conditions?

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