Creating shared value. Creating shared value (CSV) is a business concept first introduced in Harvard Business Review article Strategy & Society: The Link between Competitive Advantage and Corporate Social Responsibility. The concept was further expanded in the January 2011 follow-up piece entitled "Creating Shared Value: Redefining Capitalism and the Role of the Corporation in Society". Written by Michael E.
Porter, a leading authority on competitive strategy and head of the Institute for Strategy and Competitiveness at Harvard Business School, and Mark R. Kramer, Kennedy School at Harvard University and co-founder of FSG, the article provides insights and relevant examples of companies that have developed deep links between their business strategies and corporate social responsibility (CSR). GreenOcean - Home. S360. Consulting JS Daw & Associates. Leading brands are thinking more holistically about their approach to community engagement, in order to meet the growing expectations of key stakeholders.
At JS Daw & Associates, our hallmark is the ability to integrate four areas of dedicated, deep subject-matter expertise. Make Things Matter. Enovating Lab Ideas y Estrategia. Bienvenido Vision ASM. The Terrace- Home. What is shared value? - Incite. Although they refer to quite different things, the terms sustainability, corporate social investment (CSI), corporate social responsibility (CSR), environmental, social & governance (ESG) issues and shared value (SV) tend to be used interchangeably.
This is technically incorrect. It makes the terrain very confusing to navigate. And we risk losing the value of each of the different elements. The following diagram clarifies our use of these terms: The term sustainability will always mean different things to different people. It is more useful for organisations to determine the job of their sustainability strategy. How an organisation optimises social value determines the extent to which its strategy contributes to competitiveness, risk management, employee inspiration and resilience. Strategy and reporting - Incite. Advisory services Incite provides you access to experienced analysts, coaches and facilitators – where and when you need them.
Our global network ensures that our tools and models are leading edge and practical. They’ve been road tested in emerging markets all over the world. Extracting with Purpose FINAL Exec Summ Single Pages 0. Guide to Shared Value Measurement for Health Solutions. Platforms for shared value creation. SVI CaseStudy 06Mar2015 Uncle%20Tobys. Collective Impact Forum.
Business Unusual. Business Unusual webinar. Creating shared value We believe that the success of Grundfos and the success of society at large are mutually reinforcing.
To create success for Grundfos we need to create value for society as well. This includes our employees, suppliers, customers, and the communities in which we operate. CSR training courses Dubai 2015 One on One Individual/ Group workshops. CSR training Middle East: One on One Individual & Group Sustainability CSR training enabling you to learn how to make business sense out of sustainability – from foundations to real impact and application.
Develop your CSR strategy with help of our expert professionals in CSR & sustainability! Create a CSR Road map for your organization – together with our trainers! CSR training Middle East, above: Employees we have trained (individually or in a group) The easiest step towards increasing Sustainability & Corporate Responsibility performance Enhancing your journey to increased profitability through sustainability. This course is primarily aimed at those in CSR and Sustainability leadership roles: directors, supervisors, and managers. SUSTAINABILITY LEADERSHIP TRAINING (ONE – ON – ONE) AT YOUR LOCATION or EXTERNAL VENUEALIGN SUSTAINABILITY AMBITIONS WITH STRATEGIC BUSINESS OBJECTIVES! To receive detailed brochure “CSR training Middle East” Contact us Email: email@example.com. CSR Middle East opportunities highlighted at CSR Summit in Dubai 2014. CSR Middle East: CSR Dubai 2014 took place from 18-21 May 2014 at the Address Hotel, Dubai Marina, UAE.
Nominations for the 2016 Nestlé Creating Shared Value Prize are now being accepted. Nestlé announced the launch of the nominations for the 2016 Nestlé Creating Shared Value Prize which will award the winners up to CHF 500 000 (approximately 525,000USD), an investment that could make a significant difference in helping to scale up or replicate business-oriented initiatives addressing challenges in nutrition, water or rural development.
About the Prize. Creating shared value. What is Creating Shared Value?
Creating Shared Value is the fundamental way Nestlé does business across the entire value chain, and the way we connect with society at large.It begins with the understanding that for our business to prosper over the long term, the communities we serve must also prosper. It entails businesses creating competitive advantage, which in turn will deliver better returns for shareholders, through actions that substantially address a social or environmental challenge. Dubai Chamber. Events - CSR Middle East. UAE CSR.
Case Study: Collaborative Value Chain Reinvention « The Partnering Group. Client Description Regional Supermarket Retailer Background.
Case Study: JBP Identifies Value Chain Opportunities « The Partnering Group. Client Description Global Manufacturer & North American Retailer – Consumer Electronics. Background The client needed to identify specific value creation opportunities with a leading retail customer to improve the strategic business relationship, increase revenue and reduce operating costs. Objectives. The Partnering Group, NACDS Study Joint Business Planning in “Creating Value Together” « The Partnering Group. Cincinnati, OH. –The National Association of Chain Drug Stores (NACDS) Retail Advisory Board and global strategy firm The Partnering Group today released a report to help retailers and suppliers establish joint business plans to align and optimize shared business goals.
The report, “Creating Value Together,” identifies ten key industry findings to help companies establish strong joint business plans with their trading partners. Joint business planning is a collaborative process between a retailer and/or distributor and a manufacturer and/or supplier in which both parties align on short- and long-term financial goals for their shared business. “According to the findings in this report, one of the biggest challenges is the amount of time it takes to complete a joint business plan with a trading partner,” said NACDS President and CEO Steven C.
Anderson, IOM, CAE. CSV pitch. Retail – Creating Shared Value « The Partnering Group. The Opportunity As retailers continue to embrace corporate responsibility, there is a greater emphasis on identifying how shareholder-oriented motives can simultaneously and positively impact society. Creating shared value (CSV) is a corporate philosophical shift, recognizing that retailers win when society (including the environment) wins. CSV often reshapes the manner in which a retailer, a “village” in its own right, interacts with communities throughout every aspect of the supplier-distributor-retail value chain.
Leading retailers are proving that CSV is not only the right thing to do…it enhances the organization’s culture, ways of working and bottom line. Shared value « Search Results « The Partnering Group. Shared value. Shared value. Creating Shared Value. FSG. Surviving And Thriving In The Human Economy - Forbes. Fifteen years ago, when 40 companies formed the Global Compact at the United Nations, they laid out the principles for a more inclusive and sustainable world. UN Secretary General Kofi Annan called for a “global compact of shared values and principles, which will give a human face to the global market.”
Today, as I address the assembled members of the UN Global Compact, I urge business leaders to consider how that “human face” of the global market is needed more urgently today than ever. The 21st century has been a marked period of personalization and humanization. Our ever expanding technology has made it possible to reach out and touch more people than ever before. It also requires us to stop and think about how we affect all of those we come into contact with. Today, a fruit vendor and a few friends with camera phones can spark a revolution that topples dictatorships throughout an entire region. How can we shape a new face of leadership for a more Human Economy? Prof. Michael Porter Shared Value Summit. CSV Explained - Institute For Strategy And Competitiveness - Harvard Business School. Creating Shared Value - Institute For Strategy And Competitiveness - Harvard Business School. The Impact of Values and Culture on CSR. Most of what I’ve written for Forbes over the last year has focused on a global view of the social purpose of business.
Recently, however, I started wondering about the ways in which CSR varies based on the country where a corporation is located. In what ways do the elements of CSR change based on where it’s practiced? Is there a unique approach to corporate social responsibility that differs from one country to the next? In what ways does the social purpose of a business reflect the values and culture of the country (or countries) where it operates? I recognize that these are big questions and I thought it would be appropriate to begin exploring this where I live in Canada. “Canadian culture has long been influenced by our relationship to the environment and energy has long played a significant role in the Canadian story of that relationship,” said Tom Heintzman, President of Bullfrog Power a company that is founded on a belief that consumers have a unique ability to change the world.
Value Creation is Inherent in Social Business. Entrepreneurs, the Environment, and Social Value (?) - Forbes. Welcome to Forbes. The Rise of Shared Value and Four Other Trends in CSR - Forbes. There couldn’t have been a better way to approach the end of 2011 than at the ambitious and cheerful Net Impact conference followed by Business for Social Responsibility’s (BSR) annual conference. Last year was my first time at both conferences. I came back encouraged, informed, and enthused about the work ahead of us. (See: Can MBA Students be Taught Humility? Welcome to Forbes. Welcome to Forbes. Can China Lead The Development Of The Shared Value Economy? - Forbes.
Photo Credit: itsallaboutimagination.com In the past year, I’ve met with scores of new people and talked about how the research and consulting company I help lead, China Youthology, had launched a non-profit platform to directly engage youth called Open Youthology. The most common response I get is, “Are you an NGO?” It puzzled me why so many people couldn’t see the logic: Investing directly in what’s good for the community will secure what’s good for business.
I also felt a little anxious; why were we the only ones doing this? Are we totally wrong? Then, in January 2011, validation came. The concept of Shared Value recognizes that societal needs, not just conventional economic needs, define markets. The article laid out paragraph by paragraph, with numerous supporting case examples, everything my partners and I believed and are trying to build at China Youthology. Welcome to Forbes. Welcome to Forbes. Welcome to Forbes. Welcome to Forbes. Welcome to Forbes. P.A.C.E.Voice: Transforming Lives: A Smart Business Strategy - Forbes. Whether they are empowering women, teaching technology skills, or connecting entrepreneurs, many forward-thinking companies are discovering that the key to sustainable social investing is creating programs with shared value for businesses and communities. Gap Inc., Cisco Systems, and Off the Grid shared the benefits of aligning their social responsibility and business goals in an October panel discussion, “Transforming Lives – Just Business As Usual,” hosted by the Stanford Center of Philanthropy and Civil Society (PACS).
Finding a way to earn business returns on social programs helps to further fund social programs, which in turn makes them more sustainable. “We’ve moved away from the traditional philanthropic approach where we might write a check to a nonprofit and allow them to do what they want,” says Kathy Mulvany, Senior Director of Corporate Affairs at Cisco. “We take a much more involved approach now.” From Philanthropy To Shared Value - Forbes. My focus in these columns is innovation – not just the products of innovation, such as new medicines, but also in the way we go about finding those breakthroughs, a process I’ve referred to as “reinventing invention.” Why Creating Shared Value Is Vital For Winning The War For Talent.
Welcome to Forbes. Welcome to Forbes. Spotlight. Creating Shared Value - Institute For Strategy And Competitiveness - Harvard Business School. The State of the Shared Value Field with Michael E. Porter. Creaating Shared Value - Michael E. Porter speech. What is 'Creating Shared Value'? James Epstein-Reeves.