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Creating Shared Value

sharedvalueThe principle of shared value involves creating policies and operating practices that enhance the competitiveness of a company while simultaneously advancing the economic and social conditions in the communities in which it operates. 

As a result, you create economic value in a way that also creates value for society by addressing its needs and challenges. Businesses must reconnect company success with social progress. 

“Shared value is not social responsibility, philanthropy, or even sustainability, but a … way to achieve economic success.” 
Michael Porter, Harvard Business Review, Jan-Feb 2011

Create & capture shared value for all stakeholders as part of overall strategic plan through development and implementation of small business supplier excellence programs.

 

 

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