Sunday, September 19, 2010

Week 3 Ethics and Social Responsibility

RIM company has contribute to the welfare of his community; Waterloo, Ontarrio Canada which is the city where the company was founded because as soon as RIM's founders started making money, they started giving it away. Wells quoted the Co-CEO Jim Balsillie as saying "we're making a stupid amount of money and we want to do something constructive with it" The forum for the comment was a conference on how to spend RIM's managers own money on socially important projects in the company's Waterloo hometown.
RIM principals have donated over CDN$ 30 million of personal funds to start the Centre for International Governance Innovation, styled as key meeting place for leading minds to work on improving world governance.

Perimeter Institute for Theoretical Physics
Lazaridis and Balsillie the owners of the company have also donated a combined total of over CDN$ 120 million to start the Perimeter Institute for Theoretical Physics, attracting physicists and mathematicians from around the world wo wish to consider the essence of time, space and matter. There are other interests have received funding from RIM'S top management team, and all have very little to do with the company's day-to-day business. However, the team has stated that their goals is to make Waterloo and surrounding areas a world leader in technological development.
The top management makes the donations not for any self-interests but because they think it is simply the right thing to do.

RIM President Mike Lazaridis and the Co-COE Jim Balsillie


No comments:

Post a Comment