
Monday, January 31, 2011
att social responsibility and corporate citizenship
According to At&t's social responsibility report "AT&T’s philosophy toward corporate social responsibility reinforces a commitment to serving our customers, stockholders, employees, suppliers and communities with attention to quality, care and value." and it seems that at&t has done quite a reputable job in keeping up with its proposed mission towards good corporate citizenship.
Human Rights Campaign has described At&t as "the best place to work"
Women's Business Enterprise National Council described the company as "America's Top Corporation for Women's business enterprises"
The Hispanic Business Magazine described At&t as the "Top 10 Company for Philanthropic Giving"
Moreovern, in 2009 At&t invested more than $6.9 billion in minority, women, veteran and disabled owned businesses.
It is not shocking that Fortune Magazine in 2006 ranked At&t as "America's most admired Telecommunications Company"
Information obtained from: www.att.com/Common/files/pdf/330938_ATTcsr_0623.pdf
www.att.com/gen/corporate-citizenship?pid=7770
Sunday, January 30, 2011
Verizon: Thinking About People
Verizon is a leader in corporate social responsibility. Verizon pursues corporate social responsibility, in part, through the Verizon Foundation. Established in 2000, the Verizon Foundation centers its attention on education and literacy along with safety and health. Some examples of the good that Verizon is doing include a $15,000 grant to Operation Homefront Georgia. This grant will help provide aid to families who have servicemen and servicewomen protecting the United States overseas. Another example of Verizon showing corporate social responsibility is its $50,000 dollar grant to the Brave Kids organization. This grant will further Brave Kids cause of helping kids who have special needs.
Verizon has a fascinating mission statement. What caught my attention was their commitment to make sure the customer is number one. Now, many companies will say such a thing, but will really focus on their shareholders. While I do not deny that Verizon makes their customers their top priority or assert that Verizon puts the good of the shareholders up front, I do believe that Verizon strikes an appropriate balance between the two, where both parties are content with their position. The following statement reassures me of their dedication to the customer: “By focusing on our customers and being a responsible member of our communities, we will produce a solid return for our shareowners….” Verizon’s dedication to their customers and their actions to improve communities shows that they represent a corporation, employees, and shareholders who have a mindset not just to make a profit, but to look after the country that enabled their success.
Information obtained from:
http://www22.verizon.com/jobs/who+we+are/mission/mission.htm
http://foundation.verizon.com/about/press/newstory_brave_kids.shtml
Comcast and Corporate Social Responsibility
- Ethics
We will always act with the highest standards of honesty, fairness, and integrity. - Respect
We will show respect for our customers and for each other. - Quality
We will offer the finest and most reliable products available. - Flexibility
We will always be open to new thinking and approaches, as this helps us adapt to an ever-changing marketplace. - Diversity
We will respect and reflect the customers, communities, and cultures we serve. - Employee Focus
We will invest in our people because our company can only be as strong as the people who work here. - Enthusiasm
We will work with an unbridled passion for our customers and for our business.
Friday, January 28, 2011
Building strong bond with society; CSR
The reason why they have succeed in competitive telecommunication market is that not only they build well-connected telecommunication network based on qualified technology, but also take part in social movement actively , pursuing 'Maximizing Happiness', whcih is what they ultimately seek, a goal which goes beyond economic gains.
We call this industry(telecommunication) as a fundamental industry of nation because they are taking essential parts of operating countries and its people. Thus, it shares a strong connection with a society; providing qualified level of living such as stable communication among people. Thus, they should consider a social responsibility as a top priority with making a profit. In this point of view, their CSR principle is well reflected by notion of social responsibility. It is not a one event donation for earing reputation, but build a intimate relationship with a society for a lasting partnership. Above all, They already know when they follow their CSR principles, the fact that they can secure future customers in the long run.
- This is from http://www.sktelecom.com/
SK Telecom is now following the “Maximizing Happiness” philosophy. This reflects a shift in the social contribution program paradigm from merely donating money or holding one-time events to the concept of “social investment” by searching for fundamental solutions to social problems, which are then realized and implemented. SK Telecom’s Community involvement programs focus on six major areas: Social Welfare, Mobile/IT, Education/Scholarship, Volunteer Services, Global Social Contribution, Environment/Culture/Arts.

Sunday, January 23, 2011
Comcast merger with NBC Universal a threat to indpendent content?
The folks over at Comcast are celebrating, but should we? The federal government just recently gave the green light for the merger of NBC Universal and Comcast. With NBC Universal now coming under the wing of Comcast, should the American public be concerned about the risk of losing diverse and varied internet content?
Mark Leccese, in his article “Comcast/NBC merger: Trouble or trivia?”, mentions various opinions on the topic, including that of Federal Communications Commission commissioner, Michael Copps. Michael Copps, a Democrat, believes that the merger is not in the best interest of American consumers. One of his points that I found to be interesting is his concern that the merger may act as “a stake in the heart of independent content production.” Mr. Copps is worried that the merger of NBC Universal and Comcast will lead Comcast to provide consumers with an internet that features characteristic traits borrowed from cable television, one of which is relatively non-diverse content.
I believe that Mr. Copps’ belief has some strength to it. On cable, only the shows that attract large, profitable audiences survive. This eliminates shows that serve small niche audiences, leaving them only to watch the shows that the majority of people favor. Also, only a limited number of large companies with deep pockets can afford to advertise on cable television. This means that audiences are receiving only a fraction of options for goods and services that exist.
While Mr. Copps’ belief may have some strength, I still believe that his concern is not likely to come true. The internet is already such a varied and diverse place that one company could not possibly decrease or substantially hinder the amount of independent content available online. People will often go online for entertainment that they cannot find on television. If Comcast increased the difficulty to access this content, they would inevitably drive their customers elsewhere. Also, online sources that provide diverse and varied content are both popular and profitable. Examples include Youtube.com and Blogger.com. Comcast has no reason to limit or restrict access to these websites. The internet’s independent content both draws people online and is profitable, both of which Comcast undoubtedly recognize.
What are key ethical issues this industry faces?
Another problem is that almost of these kinds of crimes are related to invasion of privacy. Hackers plant virus when smartphone users download applications, and this virus sends private information to hackers whenever the applications are worked out. Through this process, leaked personal information is purchased by advertisement companies, insurance companies, and even adult sites.
Berit block, The growth of Smartphone market in 2007, www.comscore.com/press_Events
www.wallstreetjounal.com
www.comscore.com/press_events
Advancing technology and telecommunications
Telecommunication ethics (Mariano Hwang)
What is an example of ethic challenges in the industry?
Recently Verizon has sued the Federal Communications Commission in complain of the implementation of "network neutrality" rules which restrict telecommunications companies from discriminating against internet content and services. Because the implementation of "network neutrality" rules would force telecommunication service providers to be neutral with all internet content, providers would no longer be able to favour their own content and programs above those of their competitors. This ethical issue which concerns business competition ethics is also being discussed at congress