Thursday, October 29, 2015

Career Opportunities in Corporate Social Responsibility (CSR) Field


The post liberalized and globalized Indian economy is witnessing shrinking role of state and growing role of Corporate and Business in overall development of country. Corporates with their wider reach, professionalism, innovation and wealth have the ability to influence the pace of growth and development. In recent survey by TERI it was found that the public expectations from corporate and business are growing. Indians feel that business sector must play a wider and more expansive societal role. In addition to providing good quality products at reasonable prices, companies should strive to make their operations environmentally sound, adhere to high labour standards, reduce human rights abuses and mitigate poverty.

What is CSR?

Corporate Social responsibility in the past few decades has intrigued not only the scholars but the practioners as well. It is essentially a concept whereby companies decide voluntarily to contribute to a better society and a cleaner environment? (European Commission, 2001). Companies consider themselves as an integral part of the society and act in a socially responsible way (EC, 2001). Till very recently it was viewed as philanthropic activity indulged into only when the firms were in jeopardy. But it is now viewed to be inclusive, broad and diverse. CSR is now viewed as integral part of business strategy to minimize the business risks linked to uncertainty. Though the critic are of the view, CSR is nothing but Corporate Conspiracy to Snatch Resources (CSR), in the name of CSR.

Where are the jobs?

Most of the multinational Corporate have their CSR wing and Dept. exclusively dedicated for doing community development and CSR activities directly or indirectly in the vicinity of their operations. In other companies CSR is running under HR or Environment Deptt.They recruit professionals from Social work, rural development and other developmental fields to undertake and manage the CSR activities of company. It is observed that companies whose operations directly impact the nature like mining, manufacturing, power generations etc have CSR wing quite active to tackle the grievances of nearby population and engage the stakeholders. In green field projects we have seen corporate giant and Govt. struggling hard to get the land acquisitions and Resettlement and Rehabilitation (R&R) issues solved, here also CSR professionals are in great demand.

Due to the diversity of this career area, opportunities exist within the private, public and voluntary sectors.  It is important to highlight that many CSR roles may not be titled as such but their job content may reflect CSR activities.



Private Sector

Larger companies may have CSR departments or have CSR functions located within particular areas including marketing, communications, environmental management, public affairs, investor relations, finance, operations and human resources. Opportunities are also opening up in the large accounting and consulting firms, many of which are trying to compete with the niche CSR consulting firms by offering their own CSR client services.

Public Sector - CSR career options can be found in national government agencies, PSUs and international organizations.

Nonprofits and Research - There are a wide variety of non-governmental organizations (NGO?s), industry associations, think tanks and academic institutions engaging in learning and/or advocacy within the CSR arena.  Such groups promote and examine the use of CSR concepts within the private and public spheres. For example:

CSR ? still an emerging profession

There is no such thing as a typical career path in CSR and there is no single professional body at present that represents the needs and interests of all those working in the field.  This is due to the diverse disciplines involved and also the complexity of the roles and responsibilities of a CSR practitioner.  The process of establishing and responding to the CSR agenda within an organization will require specialists with specific CSR competencies. 

What qualifications are needed for a CSR role?

There are no specific qualifications required for this field but there are an increasing number of qualifications becoming available at Masters Level and as part of MBA courses. The professional courses like Master of Social Works (MSW) MBA in rural development and Post Graduate Diploma in Rural development offered by different universities and reputed institution may be right option for career in CSR.

What skills or competencies would be required for a CSR role?
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This is hard to clarify due to the diverse roles and range of disciplines involved. Though the major skills required for successful CSR Professional are

·         Business skills (including building insight, communication skills, decision making, commercial awareness, IT, innovation, strategic awareness, leadership, handling complexity and problem solving).



·         People skills (including adaptability and empathy, developing others, influencing without power, open minded, integrity, political awareness, self-development and learning, building partnerships, team working and questioning "business as usual")
·         Technical skills (including technical expertise, understanding impacts, stakeholder dialogue, internal consultancy, selling the business case, understanding human rights and understanding sustainability).

From above three skills, following 6 core competencies are listed for managers involved with CSR in organizations: 

·         Understanding society
·         Building capacity
·         Questioning business as usual
·         Stakeholder relations
·         Strategic view
·         Harnessing diversity
How do I find out more about CSR roles? 

  • Check out the following reference books in the Getting Started? section of the Careers Information Room:
    • The Ethical Careers Guide - Business Ethics section
    • The Sustainable Careers Handbook
  • Consider joining a CSR network.
  • Organize an internship, work experience or voluntary placement.

How do I find a job in CSR?

This very much depends on which area of CSR you are interested in and the type of organization you want to work for. Many direct CSR roles require specialist knowledge and business experience and therefore may not be open to those on graduate programmes or just starting out with a company.  You may have to take a longer term strategy and build up your skills and experience in relevant areas first.  However, there are jobs out there so here are a few tips: 
·         Companies recruits professional both fresher and experienced through advertising in media or internal sources.
·         Search-out the companies/foundations/trust of company owners doing CSR Works.
·         Think hard about organizations you admire and research their values and culture.  What is their stance on CSR? Is it embedded in their core values? Do they have opportunities for getting involved with CSR activities? Search out their Websites and CSR Sections.
·         Most of the CSR Jobs are done by NGOs so search out the NGOs having linkages with big corporate.
·         Some consultancies have CSR departments and take on people in this area.  For environmental consultancies with a CSR interest check out these too.
·         Get some CSR experience by securing an internship, work placement or by volunteering to assist an organization with their CSR project.
·         Keep up to date with CSR developments.  Monitor CSR websites and newspaper articles.
·         Consider further study.  Some consultancies for example, prefer graduates with business or NGO experience and/or a Masters level qualification in a CSR related area.
·         Monitor online job listings or register with a recruitment agency that handles CSR vacancies .

Universities Offering Degree /Diplomas In Social Work

The premier institutes offering degrees/diplomas in Social work and Rural Development is as follows:
Master of Social Work (MSW)/MA Social Work
·         Tata Institute of Social Sciences (TISS), Mumbai -
·         Kurukshetra University, Kurukshetra
·         Lucknow University, Lucknow
·         Devi Ahilya Vishwavidyalaya, Indore
·         Vikram University,Ujjain
·         Mahatma Gandhi Kashi Vidyapeeth, Varanasi
·         Aligarh Muslim University (AMU) Aligarh
·         Agra University, Agra
·         University of Delhi, Delhi
·         Jamia Millia Islamia, University New Delhi
·         Punjab University,Patiala
·         Banaras Hindu University (BHU) Varanasi
·         Rajasthan Vidyapeeth, Udaipur
·         Gujarat Vidyapeeth, Ahmedabad  
·         Shivaji University, Vidyanagar, Kolhapur
·         Nagpur University, MG Marg, Nagpur
·         MS University of Baroda, Vadodhara
·         Amravati University, Near Tapowan, Amravati
·         University of Bombay, Mumbai
·         Nagpur University, Nagpur
·         University of Poona, Pune
·         Marathwada University, Aurangabad  
·         Andhra University, Waltair
·         Nagarjuna University, Nagarjuna Nagar
·         Sri Venkateshwara University, Tirupati
·         Sri Krishnadevaraya University, Tirupati
·         Karnatak University, Dharwad
·         Mangalore University, Mangalagangothri
·         Bharathidasan Palkalai Perun, Tiruchirapalli
·         University of Madras,Chennai
·         Bharathiar University,Coimbatore  
·         Osmania University,Hyderabad
·         Sri Padmavathi Mahila, Vishavidyalayam, Tirupathi
·         Bangalore University, Jnana Bharathi, Bangalore
·         Madurai Kamaraj University,Madurai
·         University of Kerala, Thiruvananthapuram
·         Visva Bharati University, Santiniketan
·         Utkal University, Bhubaneshwar
·         Indira Gandhi National Open University, New Delhi.
Post Graduate Diploma in Rural Development (PGDRD)/MBA (Rural Development)

  • National Institute of Rural Development (NIRD) Hydrabad
  • Institute of Rural Management- Anand-388001.
  • Xavier Institute of Social Service Purulia road, Ranchi.
  • Xavier Institute of Management, Bhubaneswar-751013.
  • Institute of Rural Management, IIRM Campus, Mansarovar, Jaipur,
  • Indira Gandhi National Open University,New Delhi


Monday, October 19, 2015

Excellent Tips By Warren Buffet


On Earnings ----" Never depend on single income ;make investment to create a second source"
On Savings --- " Do not save what is left after spending , but spend what is left after savings"
On Spending s - " If you buy things you do not need , soon you will have to sell the things which you need" 
On Taking Risks -- " Never Test the depth of river with both feet "
On Investment - " Do not put all eggs in one basket "
On Expectations -- " Honest is very expensive gift. Do not expect by cheap people"

Tuesday, October 13, 2015

List of Maharatna, Navratna and Miniratna CPS

As per available information (as on 26 October, 2014)

Maharatna CPSEs

  1. Bharat Heavy Electricals Limited
  2. Coal India Limited
  3. GAIL (India) Limited
  4. Indian Oil Corporation Limited
  5. NTPC Limited
  6. Oil & Natural Gas Corporation Limited
  7. Steel Authority of India Limited

Navratna CPSEs

  1. Bharat Electronics Limited
  2. Bharat Petroleum Corporation Limited
  3. Container Corporation of India Limited
  4. Engineers India Limited
  5. Hindustan Aeronautics Limited
  6. Hindustan Petroleum Corporation Limited
  7. Mahanagar Telephone Nigam Limited
  8. National Aluminium Company Limited
  9. National Buildings Construction Corporation Limited
  10. NMDC Limited
  11. Neyveli Lignite Corporation Limited
  12. Oil India Limited
  13. Power Finance Corporation Limited
  14. Power Grid Corporation of India Limited
  15. Rashtriya Ispat Nigam Limited
  16. Rural Electrification Corporation Limited
  17. Shipping Corporation of India Limited

Miniratna Category - I CPSEs

  1. Airports Authority of India
  2. Antrix Corporation Limited
  3. Balmer Lawrie & Co. Limited
  4. Bharat Coking Coal Limited
  5. Bharat Dynamics Limited
  6. BEML Limited
  7. Bharat Sanchar Nigam Limited
  8. Bridge & Roof Company (India) Limited
  9. Central Warehousing Corporation
  10. Central Coalfields Limited
  11. Chennai Petroleum Corporation Limited
  12. Cochin Shipyard Limited
  13. Dredging Corporation of India Limited
  14. Kamarajar Port Limited
  15. Garden Reach Shipbuilders & Engineers Limited
  16. Goa Shipyard Limited
  17. Hindustan Copper Limited
  18. HLL Lifecare Limited
  19. Hindustan Newsprint Limited
  20. Hindustan Paper Corporation Limited
  21. Housing & Urban Development Corporation Limited
  22. India Tourism Development Corporation Limited
  23. Indian Rare Earths Limited
  24. Indian Railway Catering & Tourism Corporation Limited
  25. Indian Renewable Energy Development Agency Limited
  26. India Trade Promotion Organisation
  27. IRCON International Limited
  28. KIOCL Limited
  29. Mazagaon Dock Limited
  30. Mahanadi Coalfields Limited
  31. Manganese Ore (India) Limited
  32. Mangalore Refinery & Petrochemical Limited
  33. Mishra Dhatu Nigam Limited
  34. MMTC Limited
  35. MSTC Limited
  36. National Fertilizers Limited
  37. National Seeds Corporation Limited
  38. NHPC Limited
  39. Northern Coalfields Limited
  40. North Eastern Electric Power Corporation Limited
  41. Numaligarh Refinery Limited
  42. ONGC Videsh Limited
  43. Pawan Hans Helicopters Limited
  44. Projects & Development India Limited
  45. Railtel Corporation of India Limited
  46. Rail Vikas Nigam Limited
  47. Rashtriya Chemicals & Fertilizers Limited
  48. RITES Limited
  49. SJVN Limited
  50. Security Printing and Minting Corporation of India Limited
  51. South Eastern Coalfields Limited
  52. State Trading Corporation of India Limited
  53. Telecommunications Consultants India Limited
  54. THDC India Limited
  55. Western Coalfields Limited
  56. WAPCOS Limited

Miniratna Category-II CPSEs

  1. Bharat Pumps & Compressors Limited
  2. Broadcast Engineering Consultants (I) Limited
  3. Central Mine Planning & Design Institute Limited
  4. Central Railside Warehouse Company Limited
  5. Ed.CIL (India) Limited
  6. Engineering Projects (India) Limited
  7. FCI Aravali Gypsum & Minerals India Limited
  8. Ferro Scrap Nigam Limited
  9. HMT (International) Limited
  10. HSCC (India) Limited
  11. Indian Medicines & Pharmaceuticals Corporation Limited
  12. M E C O N Limited
  13. Mineral Exploration Corporation Limited
  14. National Film Development Corporation Limited
  15. National Small Industries Corporation Limited
  16. P E C Limited
  17. Rajasthan Electronics & Instruments Limited

Friday, October 9, 2015

TOP 10 COMPANIES IN INDIA

TOP 10 COMPANIES IN INDIA

1. Tata Consultancy Services
Tata Consultancy Services Limited is global IT Company, placed at first place in the list of top 10 companies in India. It was started in 1968 under the leadership of J.R.D Tata. Today company has more than 1, 00,000 employees and has total revenue of $10 billion.
Market Value: $56.9 Bn 
Revenue: $10 Bn
 Profit: $2 Bn | Type - Public | Founded-1968| Headquarters - Mumbai, India | Employees - 300,464


2. Oil and Natural Gas Corporation Limited (ONGC)
 Oil and Natural Gas Corporation Limited (ONGC) is a prominent Oil & Gas company of India that has production capacity of above 60 percent of India's crude oil and natural gas. In the fortune global 500 companies list, ONGC is placed at 22nd position.
ONGC is started in 1956 by Government of India and has headquartered in Dehradun. Company has an excellent team of 32,000 professional that works ardently for success of company.
Market Value: $50.5 Bn | Revenue: $29 Bn | Profit: $5.5 Bn | Type - Public | Founded - 1956| Employees - 32,923


3. Reliance Industries
Reliance Industries Limited (RIL) is an eminent company of India and ranked at 99 position in the list of Fortune 500 companies of India. RIL was started in 1966 by Dhirubhai Ambani and today it is second largest public trade company. Last year (2013) RIL won International Refiner of the Year by HART Energy’s 27th World Refining & Fuel Conference.
Market Value: $50.4 Bn | Revenue: $70 Bn | Profit: $4 Bn | Type - Public | Founded - 1966 | Headquarters - Mumbai| Employees - 23,519


4. ITC
ITC Limited is a leading producer of Tobacco and counted among the top 10 FMCG companies of India. It was established in 1910 and serving Indian from more than 100 years. In 2000 ITC entered in Life Style industry with a brand name Wills and opened several outlets all over India. Besides this ITC also stepped in Hotel Industry and constructed numerous hotels in Pan India, presently it become second largest hotel chain in India.
Market Value: $44.1 Bn | Revenue: $5.31 Bn | Profit: $1.2 Bn | Type - Public | Founded - 1910 | Employees - 25,959


5. Coal India Limited 
Coal India Limited is the largest coal producer of India, has headquarter in Kolkata. CIL is the government own company and 61 % of the shares own by GOI. Coal India Limited has more than 3,00,000 employees that has deep domain experience of mining industry.
In 2013 CIL won two awards of corporate social responsibility and in 2012 it was ranked at 48 positions in 'Platts Top 250 Global Energy Company Rankings'.
Type- State-owned enterprise | Founded - 1975 | Employees - 357,926 | Market Value: $37.4 Bn | Revenue: $12.2 Bn | Profit: $3 Bn


6. Infosys
Infosys is a global IT company, started in 1981 under the leadership of N. R. Narayana Murthy. By 2014 Infosys become the third largest It company in terms of Revenue and has market capitalization of $30.95 billion. To expend operations Infosys acquired McCamish Systems for about $38 million, Portland Group in AUD 37 million and Lodestone Management Consultants in about $345 million,
Presently Infosys has more than 160,405 employees that works across 32 countries and provide excellent services to eminent clients.
Type - Public | Founded - 1981| Employees - 160,405 | Market Value: $30.5 Bn | Revenue: $6.7 Bn | Profit: $1.6 Bn


7. HDFC Bank
HDFC Bank Limited is a leading private sector bank, started in 1994. It has head quarter in Mumbai and has huge product range that includes credit cards, home loans, corporate banking, investment banking etc. Bank has 3251 branches and 11,000 ATM in Pan India and all the branches are linked with real time basis that allow customer to make transaction from anywhere.
Online banking facility is also available for customers. Through online banking customers can instantly transfer money anytime.
Type - Public | Founded - 1994| Employees - 69,065 | Market Value: $28.1 Bn | Revenue: $6.6 Bn | Profit: $1.1 Bn


8. State Bank of India
State Bank of India is the eminent public sector bank in India. SBI has headquarter in Mumbai and has a network of 17,000 branches including 190 overseas branches. Bank was started in 1955 and has huge product range that includes personal banking, corporate banking, investment banking, loans and credit cards. SBI has more than 228,296 employees that works in different branches of Pan India.
Type - Public | Founded - 1955 | Employees - 295,696 | Market Value: $28.1 Bn | Revenue: $35 Bn | Profit: $3 Bn


9. ICICI Bank
ICICI Bank is the second largest bank in India that was established in 1954. Bank has huge network of 3,539 branches and 11,162 ATMs across pan India. Customers have the facility to withdraw money anywhere in India. ICICI internal banking is known for security, with internet banking customers can transfer money in immediately.
Type - Public company | Founded - 1954| Employees - 81,254 | Market Value: $22.8 Bn | Revenue: $13.2 Bn | Profit: $1.5 Bn
10. NTPC Limited
It Government of India owned companies that primarily works in power generation. It was established in 1975 and because of excellent work counted among the top 10 companies in India.
Type - Public company | Founded – 1975 | Employees - 25,484