Extendible Notions of Corporate Social Responsibility in Digital Era: Concept and Prospects
The Digital Age has resulted from notable technological developments and widespread internet access. Technological advancements pose significant ethical, fairness, and privacy concerns. This research aims to examine the distance travelled by Corporate Social Responsibility from regular to digital mode. Moreover, this research focuses on technological jargons to implement the Corporate Social Responsibility. It also tries to look out for technological progress of the Corporate while implementing Corporate Social Responsibility. Digital Responsibility should be a key component of not only leaders' strategies, but of any firm and organisation that wants to stay competitive. Corporate Digital Responsibility was established to describe a growing set of corporate duties associated to digitalization's impacts, risks, difficulties and possibilities. This research provides outline for the implementation of Corporate Social Responsibility and its digital transformation which is one of the Pillars of Industrial Revolution. Technology development and data acquisition, operation and decision-making, inspection and impact assessment, technology and data refinement guides the digital responsibility of the corporate. To conclude, this research will discuss the theoretical and managerial contributions of corporate to make them not only socially responsible but also technologically accountable. Further this will also suggest ways of implementing the Corporate Digital Responsibility. The purpose of this research is to maximise the benefits of information technology for the common good and to avoid the negative repercussions. Finally, it offers a collection of techniques and tools that managers can employ to create a technologically sound and strong service organisation.