This document discusses the concept of corporate shared value. It provides examples of how companies have implemented shared value strategies. The key points are:
1. Corporate shared value means companies finding business opportunities that also address social problems or needs to create economic and social benefits.
2. Examples include GE creating green energy products, Wells Fargo improving financial literacy, and companies providing access to clean water, food, and markets for farmers.
3. Implementing shared value can increase company profits by improving productivity, resource usage, supply chains, distribution and employee retention. It can also boost local economies and quality of life.
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd
0 ratings0% found this document useful (0 votes)
143 views20 pages
Corporate Shared Value
This document discusses the concept of corporate shared value. It provides examples of how companies have implemented shared value strategies. The key points are:
1. Corporate shared value means companies finding business opportunities that also address social problems or needs to create economic and social benefits.
2. Examples include GE creating green energy products, Wells Fargo improving financial literacy, and companies providing access to clean water, food, and markets for farmers.
3. Implementing shared value can increase company profits by improving productivity, resource usage, supply chains, distribution and employee retention. It can also boost local economies and quality of life.
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd
You are on page 1/ 20
CORPORATE
SHARED VALUE
PROF. PURNIMA VENKAT
BASIC PRECEPTS
• Rethinking Capitalism • Externalities and taxing to internalise • Assumption of the trifecta (society, business and government) being hindrances to each other CSV – IN BRIEF
• Shared value means working together,
understanding that externalities create internal costs and using innovations to increase income and address social needs • Fair trade vs creating new shared value perspectives – Cote d’Ivoire • What companies were vs what CSV can bring for them – company and community CSV – IN THREE STEPS CSV – EXAMPLES OF RETHINKING PRODUCTS
• GE’S Ecomagination ($18B in 2009)
• Wells Fargo and creating better debt management • WaterHealth International, Revolution Foods (60000 meals), Waste Concern • Kenya M-Pesa – 10 million customers (11% of the country’s GDP) • India & Thomson Reuters – 2 million farmers GE’S ECOMAGINATION WATERHEALT H INTERNATIO NAL – IN INDIA REVOLUTI ON FOODS – SCHOOL LUNCH PROGRAM WASTECONC ERN - BANGLADESH KENYA’S M-PHESA PROGRAM – 3M Customers INDIA THOMSON REUTERS – FARMERS’ INITIATIV E INCREASING VALUE CHAIN PRODUCTIVITY
Energy usage – Marks & Spencer
saving 175 million $ annually Resource usage – Dow Chemicals’ fresh water usage reduction to save $4 million, Jain Irrigation 41% annual growth Procurement – Creating value for producers – Nespresso • Distribution – Itunes, Google Scholar and paper usage reduction, Project Shakti • Employee Productivity – J&J and the no smoking policies and wellness programmes has saved them $250 million on health care costs • Location – savings in transportation and maintaining lower stocks reduces wastage, Olam International and cashew production – 25% reduction of costs and increase in women’s income ENABLING CLUSTER • Developing transparent markets – NESPRESSO DEVELOPME NT YARA FERTILIZER S- MOZAMBIQ UE URBI HOMES - MEXICO • Governmental goal setting and regulations • Clear & Measurable social goals and prices • Set performance standards but not methods • Phase-in periods to achieve the standards • Set universal measurement systems RETHINKI NG CAPITALIS M– CREATING VALUE