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Tuesday, July 2, 2024

Prof. George Kofi Amoako urges corporate entities, PSA, MNEs to use CSR dimensions to contribute to SDGs

Professor George Kofi Amoako, a renowned marketing guru and consultant, has called on Corporate Entities, Public Sector Agencies (PSAs), and Multinational Enterprises (MNEs) to use their Corporate Social Responsibility (CSR) to contribute significantly to the advancement of the 2030 Agenda for Sustainable Development Goals (SDGs), adopted by all members of the United Nations in 2015.

According to Professor Amoako, most companies are implementing CSR and CSI activities without paying significant attention to the protection and preservation of the environment and the Sustainable Development Goals.

This, he said, has created a huge gap that demands the attention of all corporate stakeholders such as industries, professional bodies, and academia.

Prof. Amoako, speaking to the media, stated that if multinational enterprises and Public Sector Agencies (PSAs) did not align their respective CSR and CSI activities, it would be extremely difficult to achieve all 17 World Sustainable Development Goals by the deadline of 2030.

Prof. George Kofi Amoako recently led a team of renowned researchers from April 2023 to May 2024 to conduct research into Corporate Social Responsibility and brand performance in Ghana with a sample size of 1,106.

The findings of the research from the data collected from 1,106 distributing, wholesaling, retailing, and vending firms involved in telecommunications activities in Ghana revealed that brand knowledge positively impacted organizational brand value.

Further, Environmental Corporate Social Responsibility and Ethical Corporate Social Responsibility were positively related to brand knowledge and brand loyalty.

Also, social CSR was positively related to brand knowledge and organizational brand value. The research was very helpful in understanding how CSR dimensions significantly affected brand performance across multiple industries.

Prof. Amoako, however, urged Corporate Ghana to offer cutting-edge training programs for their employees on CSR and CSI so that they would be well-informed, thereby utilizing their acquired skills and knowledge to help the respective institutions and corporate entities to realign their Corporate Social Responsibility (CSR) activities or Corporate Social Investments to be in tandem with the Sustainable Development Goals.

Professor Amoako added that, “if all the Corporate Entities, Public Sector Agencies, and Multinational Enterprises are able to utilize fully the CSR Dimensions, they would greatly enhance their brand performance, attract and retain more customers/consumers, and improve their revenue generation capabilities while at the same time helping society to preserve and protect the environment.”

Before joining academia, Prof. George Amoako worked in the industry for several years. He has over 30 years of multi-experience in industry, consulting, and teaching at the university level. He previously worked with prestigious companies such as Mechanical Lloyd and Fan Milk Ghana Limited.

In the area of consultancy and training services, Prof. George Kofi Amoako has consulted and done training for many public and private multinational companies and organizations such as the Bank of Ghana, Ghana Insurance Commission, Ghana Ports and Harbour Authority, Ghana Civil Aviation Authority, British Council, and several others.

Professor George Kofi Amoako is a Full Professor of Marketing, and currently, the Director of Research, Innovation, and Consultancy at the Ghana Communication Technology University.

He has proven expertise and a track record in consultancy services, corporate training, and delivering and implementing marketing strategies and projects.

Professor George Kofi Amoako was awarded the Top Africa CSR Award in 2015 in Mauritius for his publications in Corporate Social Responsibility. Professor Amoako is ranked among the Top 4 Marketing Scholars in Ghana and the Top 3% in Africa according to the AD Scientific Index for 2024.

In 2023, Durban University of Technology in South Africa conferred the title of Honorary Full Professor in Marketing on Professor George Kofi Amoako for his strategic marketing brilliance and significant impact in the field of marketing in Africa and beyond.

The main research focus areas of Prof. George Kofi Amoako are Sustainability, Marketing, Branding, Business Strategy, Corporate Social Responsibility, and Environmental Conservation.

He has undertaken over 30 national assignments for the Ghana Tertiary Education Commission (GTEC) over the past five years.

Professor George Kofi Amoako finally urged Corporate Ghana, especially the Mining and Petroleum Industry, to significantly review and realign their respective CSR and CSI activities so that collectively we could protect and preserve the environment and the social well-being of the people.

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