In the past few years, great emphasis has been given to the concept of Corporate Social Responsibility, precisely defined in terms of the responsiveness of businesses to stakeholders’ legal, ethical, social, economical and environmental expectations. Over the last decade, there have been number of companies worldwide that have started promoting their business through Corporate Social Responsibility strategies because the customers and the investors expect them to act sustainable as well as responsible.
The concept of Corporate Social responsibility is now becoming a self-regulation integrated into an organizations’ business model. Its regulations generally function as a built-in, self-regulating mechanism whereby a business monitors and ensures its active compliance with the spirit of the law, ethical standards, and international norms. On a broader level, “corporate social responsibility” or CSR is a mechanism though which an organization can embrace responsibility for its actions and propel a positive impact through its business activities on the consumers, employees, stakeholders, communities, environment and all other members of the public sphere.
ISO 26000 is the recognized international standard for CSR. The standard emphasizes the relationship of a business to the society and environment in which they operate which is a critical factor in their ability to continue to operate effectively. The ISO 26000 standard is becoming popular these days as it helps businesses and organizations translate principles into effective actions and shares best practices relating to social responsibility, globally and is meant for all types of organizations regardless of their industry, activity, size or location.
Social responsibility and sustainability have become important marketing strategies for businesses. Corporations are motivated to become more socially responsible because their most important stakeholders expect them to understand and address the social and community issues that are relevant to them. Generally, CSR is related to crisis i.e. whenever a company falls into a social or economical crisis they look towards the concept of corporate social responsibility. It is important that organizations understand the significance of the concept of CRS and integrate it into their business models.
Aligning a business towards a sustainability approach is always helpful in the long run. CSR is an evolving theory and with the coming of the global digital age, the theory is gaining rapid significance among business of all sizes.
Starting and registering a new business is never easy. As a business owner you should have an open mind while analyzing all options, plan long term and always have the flexibility to incorporate in countries that more openly embrace capitalism and new business development.
The World Bank Doing business report shows changing trends in the global business environment for over 170 different economies. Between the year 2010 and 2012, over 53 world economies made it easier to start a business.
In the year 2013, these top 5 countries will provide the greatest ease of doing business:
# 1 Singapore
GDP: $240 billion
GDP per capita: $46,241
Consistently ranks highly in terms of one of the best countries in the world to own and operate a business. The country modernized its system by taking all business creation procedures online, requiring detailed disclosure for investors, taking all tax management and payments online, creating a single window for trade across borders.
# 2 Denmark
GDP: $333 billion
GDP per capita: $59,684
The only economy in the world where it costs nothing to start a business, although entrepreneurs do have to show that they have some money in the bank before they can set up shop. Its key advantage compared to other more developed economies in the current global economy is the very strong position of its government fiscal finances.
# 3 New Zealand
GDP: $162 billion
GDP per capita: $39,300
It only takes 24 hours to set up a business in New Zealand, the speediest start-up time in the world. Borrowers and lenders in New Zealand enjoy relatively strong legal rights, while investors have some of the strongest legal protections in the world.
# 4 Hong Kong
GDP: $244 billion
GDP per capita: $34,457
The country has a reputation as operating one of the most open and free-market economies in the world. The country has made several reforms, including putting business creation procedures online, creating a one-stop shop for construction permits, requiring disclosure for investors and paying taxes.
# 5 United States
GDP: $15.1 trillion
GDP per capita: $48,442
Even with its current struggles, the U.S. remains one of the preferred places in the world to open and run a business. The country has relatively low cost and short application process to start a business, speedy importing and exporting processes, and strong investor protections.
Howard Hughes, a man who possessed versatile skills and interests: a man who was once considered to be one of the wealthiest men in the world was known as an American business man, investor, aviator, film maker and a philanthropist. Born in Texas on December 24, 1905, Howard showed great aptitude in engineering from an early age. At the age of 12, Hughes was identified as being the first boy in Houston Texas to have a “motorized” bicycle, which he had built himself from parts taken from his father’s steam engine.
Hughes moved to Los Angeles after his first marriage in the year 1925, where he hoped to make a name for himself making movies. His first two films, Everybody’s Acting (1927) and Two Arabian Knights (1928), were financial successes, the latter winning the first Academy Award for Best Director of a comedy picture. Hughes spent US$3.8 million to make the flying film Hell’s Angels (1930). He produced another hit, Scarface (1932), a production delayed by censors’ concern over its violence and gore.
Aviation and Airlines:
Hughes was a lifelong aircraft enthusiast and pilot. He is known to set many world records and commissioned the construction of custom aircraft to be built for himself while heading Hughes Aircraft at the airport in Glendale.
Near-fatal crash of the XF-11:
Hughes was involved in a near-fatal aircraft accident on July 7, 1946, while piloting the experimental U.S. Army Air Force reconnaissance aircraft, the XF-11, over Los Angeles. An oil leak caused one of the propellers to reverse pitch, causing the aircraft to descend sharply. He tried to save the craft by landing it at the Los Angeles Country Club golf course, but just seconds before he could reach his attempted destination, the XF-11 started to drop dramatically and crashed in the Beverly Hills neighborhood surrounding the country club.
At an early age of 30, Hughes started showing signs of mental illness. He is said to have suffered from acute OSD (oppressive compulsive disorder) and chronic pain. There was a time when Hughes told his aides that he wanted to screen some movies at a film studio near his home. Hughes stayed in the studio’s darkened screening room for more than four months, never leaving. He survived exclusively on chocolate bars, chicken, and milk, and relieved himself in the empty bottles and containers. Throughout this period, Hughes usually sat fixated in his chair, often naked, continuously watching movies, reel after reel, day after day.
Hughes died on April 5, 1976, on board an aircraft owned by Robert Graf and piloted by Jeff Abrams, en route from his penthouse at the Acapulco Fairmont Princess Hotel in Mexico to The Methodist Hospital in Houston, Texas.
He is said to be the most influential & iconic business and aviation figures of the 20th century.
Small & Medium sized businesses are often more in need of custom web & software development solutions than larger companies. We at Small Business Pool understand your need, identify your requirement and provide custom and cost-effective solutions.
We have a pool of programmers and developers working on the most up-to-date technologies, such as:
C: is one of the most widely used programming languages of all time and there are very few computer architectures for which a C compiler does not exist. C has greatly influenced many other popular programming languages, most notably C++, which began as an extension to C.
C++: is one of the most popular programming languages with application domains including systems software, application software, device drivers, embedded software, high-performance server and client applications, and entertainment software such as video games.
C#: (pronounced see sharp) is a multi-paradigm programming language encompassing strong typing, imperative, declarative, functional,generic, object-oriented (class-based), and component-oriented programming disciplines.
ASP.NET: is a Web application framework developed and marketed by Microsoft to allow programmers to build dynamic Web sites, Web applications and Web services.
Java: is a programming language originally developed by Sun Microsystems and released as a core component of Sun Microsystems’ Java platform. It is a general-purpose, concurrent, class-based, object-oriented language that is specifically designed to have as few implementation dependencies as possible.
J2EE: is a platform that provides an API and runtime environment for developing and running enterprise software, including network and web services, and other large-scale, multi-tiered, scalable, reliable, and secure network applications.
JSP: is a technology that helps software developers serve dynamically generated web pages based on HTML, XML, or other document types.
XML: Extensible Markup Language is a markup language that defines a set of rules for encoding documents in a format that is both human-readable and machine-readable. It is defined in the XML 1.0 Specification produced by the W3C.
PHP: is a general-purpose server-side scripting language originally designed for Web development to produce dynamic Web pages. It is one of the first developed server-side scripting languages to be embedded into an HTML source document, rather than calling an external file to process data.
Joomla: is a free and open source content management system (CMS) for publishing content on the World Wide Web and intranets and a model–view–controller (MVC) Web application framework that can also be used independently.
Drupal: is a free and open-source content management system (CMS) and content management framework (CMF) written in PHP and distributed under the GNU General Public License.
WordPress: is a free and open source blogging tool and content management system (CMS) based on PHP and MySQL. It has many features including a plug-in architecture and a template system.
Ruby on Rails: often shortened to Rails or RoR, is an open source full-stack web application framework for the Ruby programming language. Ruby on Rails is not to be confused with Ruby, which is a general-purpose programming language, on which Ruby on Rails runs.
European small and medium sized enterprises (SMEs) should better profit from fast growing emerging markets, such as in China, India, Russia or in regions like South East Asia and Latin America. This is the key issue to overcome the crisis addressed in the European Commission communication ‘Small Business, Big World – a new partnership to help SMEs seize global opportunities’ presented today. The priority for Europe now is to overcome the crisis boosting competitiveness and growth. Major markets such as China, India, Russia and Brazil, with strong growth rates and potential represent significant opportunities for EU companies. Exports outside the EU to expanding markets could trigger new dynamism for European economy. Internationalisation is the step SMEs need to take and to seize these opportunities.
The objectives of the new EU strategy are
To provide SMEs with easily accessible and adequate information on how to expand their business outside the EU.
To improve the coherence of support activities.
To improve the cost-effectiveness of support activities.
To fill existing gaps in support services.
To establish a level playing field and provide equal access for SMEs from all EU Member States.
The Commission will play a crucial role in the coordination and governance of this process, also through setting up a periodic ‘SME Internationalisation Forum’ and with a specific focus on this topic at the regular meetings of Member States’ SME Envoys. In all these activities the representatives of the private sector will be involved.
A wiki is web software that allows you and others to create and edit interlinked web pages. This means that you can very quickly create a page (let’s say “New Ideas”) and then add information. The key is that anyone can edit the page (or in our case, add and comment on new ideas), which makes it a very powerful collaboration tool.
What Are the Benefits to Small Businesses?
1. Sharing information: Anyone can edit a wiki, thus one person can add an idea while others refine it and add their expertise. The result ends up being one cohesive idea by the group rather than a series of scattered thoughts.
2. Tracking revision: You’ll always be able to see the history of any idea or page.
3. Archiving Information: You find that, as you build up a wiki, you are creating a repository of information. This means you can add legal documents, old memos, and anything else that might be useful to your team in the future.
4. Easy to use: Once you understand the syntax, it’s much easier to create a new wiki page than a new web page or blog post.
Some recommended small business wikis include:
– MediaWiki: the software that runs Wikipedia
– PbWorks: a full collaboration and wiki site
– Twiki: has been used by major companies including Yahoo
Microsoft SharePoint is a popular web application platform developed by Microsoft for small to large organizations. It is designed as a centralized replacement for multiple web applications and supports various combinations of enterprise website requirements. It is typically associated with web content management and document management systems.
SharePoint’s multi-purpose platform allows for managing and provisioning of intranet portals, extranets and websites, document management and file management, collaboration spaces, social networking tools, enterprise search, business intelligence tooling, process/information integration, and third-party developed solutions. SharePoint can also be used as a web application development platform.
SharePoint is designed to be highly scalable. It is capable of supporting multiple organizations on a single ‘server farm’. Microsoft provides SharePoint as a free product, sells premium editions with additional integration and functionality, and also provides SharePoint as a cloud computing solution as part of BPOS and Office 365. The product is also often sold as a cloud solution by local third-party vendors.