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Background: Community development has
historically been a core business value. The community
has long been held as a major stakeholder in any organization,
for the reason that it creates the quality of life
that nurtures the organization and its other stakeholders – owners,
employees, and often, suppliers and customers. Beyond
the enlightened self-interest of companies to develop
their local community, it is posited by some economists
that community development is the sole purpose of a
business.
The CRC promises to be a
major force in the economy of the New River Valley.
Companies at the CRC are characterized by entrepreneurial,
start-up organizations with little or no history of
community involvement. Where community development
previously was driven through organizations such as
churches and service clubs such as Rotary, new models
of development have evolved that are more likely to
be embraced by the companies at the CRC. In order to
help these companies fulfill their potential, it is
important to create a structure to involve them in
community development.
Purpose: The purpose of
the CRC Community Development Committee (CIP or “committee”)
is to promote, facilitate, coordinate, and recognize
CRC individual business community development activities.
The central function of the committee is to cultivate
the culture of community development activity within
the CRC and its individual businesses.
Scope: The community
is defined as the New River Valley – the city
of Radford and the counties of Montgomery, Floyd,
Giles, and Pulaski. The committee
will focus
solely on aspects of community development, not general
charitable development. National campaigns where
contributions/activities do not directly support
the community will not be addressed
by the committee.
Activities: The committee
will meet monthly to plan activities. The committee
will sponsor
an annual
event to promote community development programs,
and recognize individual company involvement. Other
programs
will be developed by the committee.
Composition: The
committee will be comprised of the President of the
CRC, the Tenant Programs Manager
of the CRC, one representative each from the United
Way and the CFNRV, and up to five CRC company representatives.
Committee members will serve a two year term. |