The Entrepreneurs Foundation of the Southeast (EFSE)
works with emerging, early-stage companies to develop a corporate
culture of volunteerism and community outreach. In doing so, EFSE
is successfully engaging a segment of the business community that
is largely new to both philanthropy and community involvement.
Acting as
a catalyst and a facilitator, EFSE assists each company in developing
a community involvement program that is based on the philanthropic
interests of the company and its employees. In addition to being
compatible with a company's overall corporate goals, these programs
offer tremendous rewards for both the employees who get involved
and the recipient nonprofit organizations.
What
is the need for community involvement?
Over the
past several decades, the gap between community needs and available
resources has consistently widened, in spite of dramatic increases
in regional economic output. This is demonstrated in the seemingly
intractable community issues such as education, affordable housing,
income disparity and transportation.
This factor,
coupled with the decline in membership and participation in traditional
community organizations, makes companies a natural focal point
for promoting community engagement and social responsibility.
Companies provide an effective mechanism for connecting a large
number of people to the community and building lasting relationships.
What
is EFSE's role in developing your community involvement program?
EFSE's community
involvement staff is dedicated to helping you design a community
involvement program that will lead to a richer corporate culture
and provide opportunities for volunteerism, philanthropy and a
strong sense of community. EFSE will help you develop and tailor
a program to meet your employees' interests.
Specifically, our role
is to:
- Make community involvement
easy and fun
- Engage management and employees
- Facilitate implementation
of community involvement activities
- Communicate results internally
and externally
- Foster relationships with
nonprofit organizations
- Provide best practices for
community involvement and regular program evaluation
- Provide guidance for corporate-directed
funds
- Build collaboration and leverage
activities among high-growth companies
- Leverage the entrepreneurial
sector and EFSE's corporate partners
What's
the process?
EFSE works
closely with your company's community involvement team to design,
implement and assess your program. The team should comprise a
cross-section of interested employees and a liaison to your executive
team.
Ideally,
your community involvement program will grow in parallel with
your company's growth, ultimately becoming an integral part of
your corporate culture. Steps in the process include:
- Orient executive team and
identify executive team liaison
- Kick-off communication to
the whole company
- Survey employee interests
and determine area(s) of focus
- Establish and orient the community
involvement team
- Develop a community involvement
statement
- Implement ongoing activities
with executive team involvement
- Regularly evaluate and communicate
results - internally and externally
- Create an annual community
involvement plan
- Develop partnerships with
nonprofits
- Develop underlying policies
that support the community involvement program
- Create a corporate-directed
fund
Companies
with higher levels of community involvement exhibited higher business
performance levels as measured by ROI, ROA and net sales revenue
per employee.
 
Source: Community Involvement, Employee Morale and
Business Performance, David Lewin and J.M. Sabater
Survey: Random sampling of 300 companies (156 responding) with COMPUSTAT
financial performance files maintained by S&P
Dependant Variables: Return on investment (ROI), return on assets
(ROA), productivity (net sales revenue/#of employees)
"76%
of Americans report they would be likely to choose the company that supports
a cause if they were offered two jobs similar in pay and responsibilities."
- Cone/Roper Report,
"Employees whose companies support social issues are 61% more likely
to feel proud of their companies' values and 30% more likely to feel a strong
sense of loyalty to their employers than those at companies without such
commitments. This increased support translates into greater job satisfaction,
higher retention rates and better overall performance and customer service."
- Cone/Roper Report,
"70% of readers believe that business has a responsibility
to get involved in local education."
- Fast Company POLLS,
"People around the world want companies to go beyond
making a profit, paying taxes, employing people and obeying all laws; they
want companies to contribute to broader societal goals as well."
- The Millennium Poll Corporate Responsibility
conducted by Environics
International Ltd.
For more information, contact EFSE.
|