Creating Shared Value

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    Anonymous User31Anonymous User31
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    What is “Creating shared value”?
    Mutual value is policies and operations that are used to enhance a company’s competitiveness while at the same time making progress in the economic and social conditions in which the company operates. A shared focus on recognizing and expanding creates the link between social and economic development. Operating policies and practices that enhance a company’s competitiveness while promoting the economic and social conditions in the communities in which it operates. Creating shared value is the practice of creating economic value in a way that creates value for society by addressing its needs and challenges.
    In the case of not-for-profit and for-profit companies, the common value concept is merged. An example of a business using shared value is Waterhealth International. This company provides clean water to rural India, the Philippines and Ghana. This brings benefits to both parties. This business is profitable and water is available to these countries to grow crops and have safe water. The concept of the limits of capitalism resets. It opens up many avenues to meet new needs for advanced economies and developing countries.

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