There is an implicit contract between big business and society or indeed between whole economic sectors and society. Bangladesh is a fledgling democracy needing much advancement in its application and intellectual domains. CSR is not a product but a service that affects the society at large. Ineffective deployment of CSR has created an unbalanced society, ultimately contributing to a top-heavy and non-sustainable business model. The gap between rich and poor has risen due to hegemonic control of the profit making institution called the corporation; the corporations of Bangladesh are purely under the guidance of the rich whose motives are self-gratification and advancement. This equation stays valid to a point and then naturally loses coherence and justification because for any relationship to sustain some element of parent-child attributes must be present. A rapacious corporation will ultimately tumble as it will become disenfranchised from the public, its stakeholders and will cease to find profit; their market size will shrink as the purchasing power of public will be depleted due to excessive profiteering and not giving back to the community. In the short run, this predicament is not tenable but given the ‘for-profit’ driven psychology, a disaster can be awaiting in the medium to long-run. Sustainable and responsible organizations can only avert such fiascos and CSR is the guiding principle ensuring corporate success in Bangladesh and elsewhere.

Bringing CSR practices in Bangladesh sets a definitive milestone in the total development of corporate Bangladesh and IITM wants to play a proactive role such a transformation. As an organization, we continue to develop our exposure and experience in this field.

We are interested to participate and take on responsibilities to bring the vision of CSR forward in Bangladesh.  

For further information, call us at 8802-812926 or 8116763 or Email: infoiitm@gmail.com or infoiitm@yahoo.com. The program coordinator is Ziaur Rahman, Email: luckytoaccess@gmail.com.