About Me

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Hello, my name is Gabi Radanova. I am a junior at Illinois State University pursuing degrees in International Business and Finance. I have always had an interest in traveling, interacting with people of different cultures, and learning to solve problems by looking at the issue through a different perspective. When I started taking business courses, I was fascinated by the effects businesses have on the world as a whole and how the decisions made by top executives affect people from every corner of the world! I was thrilled to find the right program for me that combines my passion for travel and managing money. I dedicate my time at ISU to various organizations. I am the chapter president of The National Society of Collegiate Scholars, an honorary society for the top 10% of students in universities all over the country. As well I am an active member of Alpha Kappa Psi, a professional Business fraternity. As head of the Professional Committee I help bring guest speakers to our chapter. I am also honored to be member of Beta Gamma Sigma. I hope all of the ways I spend my time prepare me for a challenging, global career.

Monday, December 3, 2012

Corporate Social Responsibility



     This semester I served as Professional Chair for my business fraternity - Alpha Kappa Psi.  I organized two professional events every month.  I tried to balance the variety of events by integrating workshops in our traditional professional events: having professionals from different fields talk to us about their careers and how they got there.   On Tuesday, November 27th I organized our last professional event for the semester.  It was a unique professional event: it was not a workshop nor was it pertaining to a specific major career path.  We learned about Corporate Social Responsibility (CSR).  Our chapter was excited to welcome Lonnie Smith, Enterprise Community Development Manager, from State Farm to lead the discussion. 
Besides learning some cool things that State Farm does in regards to Corporate Social Responsibility, we learned concepts applicable to other firms as well.

     Lonnie told us to think about Corporate Social Responsibility as the answers to the following questions: who is the firm as an employer and how does it interact with the public.  For some firms problems arise when what they say does not match their actions to the previous questions. 

Key Learning Points:

  •  Corporate Social Responsibility is more important for firms with intangible products or products that are not consumed on a daily basis.  Customers need other ways to be reminded of the firm.
  •  It’s important to be consistent with Corporate Social Responsibility efforts because there is not always an immediate return.  Some campaigns/actions are more long term & results won’t be felt for a while.
  • One good measurement of successful CSR efforts is if the firm’s employees become enthused ambassadors of the programs at hand.
  • It’s important to engage your clients and see what kind of CSR programs they want to see because their money is going towards those efforts.
  • Some states, such as California, actually have requirements on how much CSR a company must engage in at their respective state.
Lonnie also shared with us some great tips for success in the future.

  • It’s important to always continue learning and to be continuously adapting.  Doing things the ‘old way’ may not be efficient anymore.
  • Develop mutually beneficial relationships.  Nurture the relationships because you never know how they can be at your advantage.  Remember that everyone knows people, and that can come very handy.
  • Don’t have a scarcity mentality: you don’t have to win at the expense of someone else.  

It was a privilege for me to be the Professional Chair for my fraternity.  My favorite part of the job was implementing changes that benefited the chapter.  I am excited that I was able to improve our professional events and am looking forward to working with the new Professional Chair and mentor him to continue improving our fraternity.