What Challenges Do Entrepreneurs Face in Implementing Corporate Responsibility?
Despite the benefits, entrepreneurs may face several challenges:
Resource Constraints: Limited financial and human resources can make it difficult to implement extensive CSR programs. Lack of Expertise: Entrepreneurs may lack the knowledge or experience needed to develop effective CSR strategies. Short-Term Focus: The pressure to achieve immediate financial success can overshadow long-term CSR goals.
Addressing these challenges requires a strategic approach, prioritizing initiatives that offer the most significant impact with available resources.