Sidney Halpern, Chartered Accountant, Winnipeg, MB, CYBF Mentor The most important goal of a successful business and one seldom, if ever, acknowledged in a business plan is the strategy of giving back to our community, our city and our country. Here are some ways to give back: Physical assets – although this may be the most definable method it is not the one with the greatest benefits for the donor nor the recipient. However a target of this contribution should be established in one’s personal and professional life at the beginning of each year similar to other expenditures. Human resources – the most effective contribution to one’s community is giving of oneself, either committing employees or family to become involved in volunteering one’s time and skills wherever needed. Multi benefits – through even just one experience with the results of their actions or contributions, this creates a great sense of achievement and self-gratification and builds self-esteem in knowing that one has truly benefited people in their community. When this self-satisfaction and self-esteem improvement occurs multiple times it results in great morale and enhanced productivity in the workplace or in the family. The activity also provides one with a multi-dimensional life experience from the normal narrow focus of business or career, and in the long-term builds character, improves opportunities for a successful career, and heightens the degree of happiness in one’s life. The motivation for this activity should not be seen as “giving,” but be perceived as a symbol of the gratitude we sense for our good fortunes and out of gratitude to provide others with the opportunities to achieve our successes as well.
Dec
04 2012
04 2012
The strategy of giving back
Syndicated from: Canadian Youth Business Foundation