📋 Written Ability Test (WAT)/Essay Analysis Guide
🌐 Topic: Should Corporate Social Responsibility Be Mandated by Law?
🌟 Understanding CSR’s Importance
Mandatory CSR ensures businesses contribute to social growth while highlighting the tension between legal obligations and voluntary responsibility. For B-schools, this topic emphasizes ethics, leadership, and sustainable business practices.
⏳ Effective Planning and Writing
- Time Allocation:
- Planning: 5 minutes
- Writing: 20 minutes
- Review: 5 minutes
- Preparation Tips:
- Gather data on India’s CSR law, examples of successful initiatives, and global perspectives.
✍️ Introduction Techniques for Essays
- Contrast Approach:
“While India enforces CSR legally, leading economies like the US and UK rely on voluntary contributions, sparking debates on efficacy.”
- Solution-Based Start:
“Mandatory CSR ensures corporate accountability while voluntary models encourage genuine innovation. The optimal approach lies in balancing both.”
📚 Structuring the Essay Body
- Achievements:
“India’s CSR mandate has channeled over ₹1 lakh crore into health, education, and rural development since 2013.”
- Challenges:
- “Tokenism and compliance-driven activities often dilute the true intent of CSR.”
- Global Perspective: Voluntary CSR in the US has produced innovative and impactful initiatives.
- Future Outlook:
“Strengthening CSR monitoring frameworks and encouraging voluntary innovation can maximize social impact.”
✅ Concluding Effectively
- Balanced Conclusion:
“Mandatory CSR ensures a foundational impact, but corporations must go beyond compliance to foster genuine societal change.”
- Global Comparison:
“Countries must adopt hybrid models of CSR—combining mandatory regulations with incentives for innovation-driven initiatives.”
📊 Analyzing Successes and Shortcomings
- Achievements: Guaranteed baseline funding for development.
- Challenges: Risks of tokenism and unequal spending.
- Global Context: Voluntary CSR in nations like the US fosters innovation and deeper commitment.
🚀 Recommendations for Sustainable Progress
- Hybrid Model: Combining mandatory spending with incentives for voluntary initiatives.
- Enhanced Monitoring: Implementing transparent frameworks for CSR evaluation.
💡 Sample Short Essays
- Balanced Perspective:
“Mandatory CSR ensures accountability, but fostering voluntary innovation-driven initiatives is key to sustainable development.”
- Solution-Oriented:
“The future of CSR lies in a hybrid model that blends legal mandates with incentives, promoting innovation alongside accountability.”
- Global Comparison:
“India’s CSR mandate guarantees contributions, while the US’s voluntary model fosters deeper societal engagement—both hold lessons for a balanced approach.”