Shared Value Analysis

Words: 968
Pages: 4
Open Document
1. Concept of Shared Value
When we look around at the business models companies utilize today there is so much room for a new approach. The single minded profit centric strategies are losing their relevance in today’s world. Business nowadays is facing a real challenge to move from being a shareholder or investor centric to stakeholder centric. Although it is impossible to please everyone in a diverse business model all the time, but it is possible to identify the optimal approach to address a problem that can elevate the model as a whole. There is a huge opportunity to the win-win ethos of a shared value strategy.
The concept has emerged from a series of Harvard Business Review (HBR) articles written by Porter and Kramer in the last decade. …show more content…
8
Creating Shared Value operates on three levels:
1. Reconceiving products and markets in ways that meet customer needs, but also contributing to society. GE has developed HealthyMagination products to deliver high quality, low cost care to mothers in developing countries.
2. Redefining productivity in the value chain through social and environmental innovation. Intercontinental Hotel Group (IHG) has implemented Green Engage, innovative cost saving online tool to help its hotels control energy consumption.
3. Cluster development by supporting the well-being of industries related to your own in ways that improves societal conditions. Nestle has given farmers in developing countries, financial and technical assistance to create a better supplier network.
1. How does CSV differ from …show more content…
The government sets the policy and regulations which effects society in many ways and till now the government has been using GDP as a tool to measure the impacts of their policies. But we know that GDP only cannot not signify the correct picture of the progress made. Many broader tools are coming up like GDP+, Social Progress Index, which measures the way all the countries in the world are achieving social progress outside GDP. The Earth Security Index is another tool that identifies what are the big issues that each country is facing. Since each country has different kind of problems, this will prove to be very helpful to all the business in identifying the key issues of a country which will help them in channelizing their strategies based on the specific issues provided in the reports. So the government can proactively look at these things along with corporations to set policies that will improve the society and thereby improve the
Show More

Related Documents: Shared Value Analysis

Beyond Compare Deliverable 1 Essay

Chocolate Confectionary Industry in the U.S. and Review of Shared Services Beyond Compare Nikhil Bhatia, Avin Dhoble, Matt Haines, Jeff Lowell, Jonathan Modest, Tina Wells Overview The U.S. chocolate confectionary industry grew to $16.2 billion in 2014. The industry grew at an average annual rate of 1.5% from 2009 – 2014, but growth is expected to decline to 0.8% from 2015 – 2019. The demand for all chocolate products is growing quickly in developing markets such as China and India, which is putting…

Words 2028 - Pages 9

Essay Strategic Management - Energy Sector

mission, value statements, external environment and internal organisational competencies. The tools used to complete this analysis are PESTEL, KSF and SWOT. Finally, the paper ends with a recommendation on the strategic plan and highlighting the importance of implementation. Table of Contents 1. Company Profile 5 1.1. Sector Overview 5 2. Vision, Mission & Values 6 2.1. Vision Statement 6 2.2. Mission Statement 7 2.3. Statement of Values 7 2.4. Key Objectives 8 3. Strategic Analysis 9 3.1…

Words 2777 - Pages 12

MGT 426 Week 5 Learning Team Assignment Managing Change Paper and Presentation Part IV

Managing ManagingChange ChangeCitigroup Citigroup MGT/426 Managing ManagingChange: Change:Citigroup Citigroup  A shared vision is a consensus among  A shared vision is a consensus among people about what success is and people about what success is and  How it will be achieved  How it will be achieved  Preserves the core values of the  Preserves the core values of the organization and focuses on the future. organization and focuses on the future.  Motivates people to learn, perform, and…

Words 590 - Pages 3

The Importance Of Water Security

with each other is the wellspring of shared values. It recognizes societal needs, not only conventional economic needs as the forces that define markets, and that any social predicaments can create internal costs for firms. The concept of shared values resets the boundaries of capitalism. By connecting corporate success with societal improvement, it opens up many ways to serve new needs, gain efficiency, create differentiation and expand markets. Shared values offer a united and effective response…

Words 1500 - Pages 6

Professional Learning Community Analysis

community should be defined by the components found within the heart of any PLC: • Shared beliefs, values, and vision • Shared and supportive leadership • Collective learning and its application • Supportive conditions • Shared personal practice Members of a professional learning community remain focused on successful student learning. This is the catalyst that drives the ever changing system of shared beliefs, values, and vision of a PLC. Although the focus of a PLC is goal oriented, there should…

Words 1133 - Pages 5

Populist Synthesis Essay

contradictions between Christian values of universalism and populist exclusivity. Additionally, the authors outline strategies to defend civil society from populist encroachment. This article details populism’s adoption of certain concepts from political theology to disguise its authoritarian leanings within the political arena of…

Words 696 - Pages 3

Organisational Structure Of Tesco

behaviour of people who are part of an organisation and the meanings that the people attach to their actions within the organisation. Management culture entails the attitude, experience, beliefs, psychology and values both personal and cultural values of an organisation (Brown, 1995). It's a shared value, a way of life that colleagues in the work place relate to one another and how they interact with the outside world like clients and shareholders. It is also the pattern of such collective behaviours and…

Words 1722 - Pages 7

Assignment 3 CSV Debate Essay

Assignment 3 Jordan Pasta Oct, 30, 2014 Introduction Creating shared value has become a popular debate topic in regards to corporate social responsibility. The central idea or premise that creating shared value entails involves looking at the fact that for a company to achieve success and be profitable they must satisfy and create economic value for both the company and society. I think the Shared Value framework defines a new role for businesses in dealing with the society and it goes…

Words 2427 - Pages 10

Kear Article Essay

Volume 42, Number 6, pp 315-317 Copyright B 2012 Wolters Kluwer Health | Lippincott Williams & Wilkins Nursing Shared Governance Leading a Journey of Excellence Mavra Kear, PhD, RN Pamela Duncan, MSN, RN Janet Fansler, MS, RN Kathy Hunt, MSN, RN This article describes how a community hospital engaged nurses through the nursing shared governance model to select a PPM that aligned nursing values and priorities with the organization’s vision and mission. Nurse satisfaction and nurse retention are positively…

Words 1516 - Pages 7

How to Conduct Strategic Analysis Essay examples

Planning process is Strategic Analysis. It is an integral part of a company’s evaluation program; it provides managers with a comprehensive assessment of the organization’s capabilities and market factors; revealing growth opportunities and vulnerabilities. With this information, managers can more effectively choose from strategic alternatives and create the greatest future reward potential. A) Company Mission – Vision The first step I would take as part of my Strategic Analysis process would be to look…

Words 1110 - Pages 5