With the changing times, the ideology and concept of CSR is paving way for the new generation of corporate leaders who idealise that profit optimization is more important than only profit maximization. Further, there is

Below are some factors/challenges due to which CSR implementation & execution may be hindered in developing economies like India: Lack of Community Participation in CSR Activities: Majorly, communities who are intended beneficiaries of a CSR program show less interest which will affect their participation and contribution. Also, very little efforts are being made to spread CSR within local communities and instill confidence in the people. The situation is further aggravated by inadequate communication between the organization and the community at the grassroots level. Issues of transparency: Lack of transparency is one of the key issues. There is a perception that partner NGOs or local implementation agencies do not share adequate information and make efforts to disclose information on their programs, address concerns, assess impacts and utilize funds. This perceived lack of transparency has a negative impact on the process of trust building between companies and local communities, which is key to the success of any CSR initiative. Lack of Consensus: There is a lack of consensus amongst local agencies regarding CSR project needs and priorities. This often results in duplication of activities by corporate houses in the areas of their intervention. This leads to an unhealthy competitiveness spirit among local implementing agencies, rather than building collaborative approaches on important issues. This factor also limits an organization's abilities to undertake an impact assessment of their initiatives from time to time. Civil Society Strengthening: Capacity for strong performance in the community is the foundation for lasting social benefits. Worldwide, civil society is an important social and economic force with the potential to create a more free, fair, and just global order. The collective nature of civic action helps to ensure that the interests of all citizens—including women, the poor and other marginalized groups—are adequately weighed by public institutions that make policy and allocate resources. Many civil society organizations face common challenges that limit their effectiveness namely, the ability to manage human and financial resources, weak advocacy abilities, and insufficient management ability to scale up promising innovations and results to achieve wider impact. Social Impact Management: This addresses the issue of inclusive growth and is more than mere poverty alleviation. It seeks to address the problem of equity through the enhancement of opportunities for everybody.