Reference no: EM132457670

Organizations typically create an organizational-level vision or approach to corporate social responsibility, and then develop initiatives and projects designed to achieve that vision. If the initiatives or projects do not meet the goals that were established, the organization may fail to meet its vision. Damage to a company's reputation is only one of the many risks associated with failing to live up to social responsibility promises. Proactive and continuous risk management is one way to help organizations avoid the failure in the first place and mitigate the consequences should it occur.

For this Discussion, use the Walden Library and/or search the Web to find an example of a failed CSR initiative:

Question 1- Briefly describe the initiative and the nature of the failure.

Question 2- What were the consequences of the failure to the organization?

Question 3- How might risk management practices have helped the organization avoid the failure?

Question 4- How might risk management practices have helped the organization mitigate the consequences of the failure?