CSR is the fancy word we give to when a company gives to charity. That's what it is, right? You give to charity, I give to charity, companies give to charity. That's a good thing.
But the charitable contributions that you and I make are just part of our desire to live good lives and to serve other people, right? And what has ended up happening is CSR has become sort of like the, see, we are a good company because look how many hours we gave to our employees to go build Habitat for Humanity. You know, meanwhile, you know, we force them to work in these horrible work conditions and, you know, they hate working here and, you know, they're all suffering from depression, you know.
It's not an equation. It's not like I can balance running a bad culture with giving more money to charity. Of course they should continue to give money to charity. That's a good thing.
But it should be in the context, it should be one of the many things that they do to help advance... their cause, which they're also doing through their corporate culture, the products they sell, their marketing, every aspect, some of which make money and some of which don't. So, you know, I like to compare a company's CSR program to the rest of their business.
And it's really funny. You can tell whether it's window dressing or not. Just go to the website and number one was our revenue.
They'll brag about their percent growth this year. Number two is how many offices they have around the world. And like you see all these annual statistics of growth, and then they have, we've given more to charity over the past 10 years. You're like, the one statistic that doesn't get updated every year or every quarter.
And it's at the end of the list, as if to be like, selfish, selfish, selfish, selfish. See, we're not so bad. So I concur.
I think giving to charity is good, but it should be an obvious and balanced component of everything that a company does.