Are Profits and Social Responsibility Mutually Exclusive?

Jan 7, 2016
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Image Harshvardhan Reddy - Baroda Cup 2016
Can corporations have a social conscience and still achieve their bottom line? Many people believe the answer is no. However, there are many ways that a company can effect societal change. HVR and the HVR Group practice some of these methods.


In today’s climate of widespread poverty, combined with the increasing frequency of devastating natural and man-made catastrophes, the responsibility of companies and organisations towards the society they operate in has come under the scanner. To what extent is a business purely a profit-making enterprise? Does it not owe society to pay back when the time comes? And can profits and social responsibility really not go together?


As to the latter question, the HVR Group is not an organisation that believes this is the case. Even as an individual, Harshvardhan Reddy HVR has always been very interested in changes that could make a positive difference to the common man. This attitude of thinking of the social repercussions is reflected in the different organisations that HVR runs.


The HVR Group runs Aura, the largest educational group in the world. With an internationally diverse course and qualifications, Aura attracts students from all over the world. By combining education and business, HVR has successfully managed to not only help many students in their path but also made a positive impact to society.


The other arm of the HVR Group, ReadyDeals.com gives budding entrepreneurs a leg-up in their quest to achieve business success. The right idea, combined with the spark that HVR provides, leads to a volatile mix that explodes with potential prosperity. This is another way that HVR and the VHR Group gives back to society; by helping its budding youngsters find the success that they deserve.


Personally also, HVR is a philanthropist by heart and has contributed immensely in ventures that would help the impoverished. But HVR does not settle after mere financial assistance. Along with the HVR Group, he is passionate about helping people identify, discover and reach their maximum potential through minimum efforts, better understanding of themselves and better use of technology.


So we see that companies and social responsibility are not as divested from each other as one might be inclined to think. Many people tend to look only at the financial aspect of things like charity and donation, which, truth be told are only effective for the short term and are just a few aspects of how organisations can give back to the world. HVR and the HVR Group go beyond monetary assistance to enact solutions that benefit society in the long term and contribute immensely to creating a better world for future generations.

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