How are others creating shared value
Shared Value is a business strategy concept introduced by Harvard Prof. Michael Porter that focuses on creating economic value while also addressing social and environmental needs. It aims to achieve this by identifying and addressing social issues that intersect with a company’s core business activities, leading to long-term success and profits. By creating shared value, companies can simultaneously benefit society and their shareholders, leading to sustainable business practices that contribute to achieving the Sustainable Development Goals (SDGs). Companies can use shared value strategies to address issues such as poverty, healthcare, education, and environmental sustainability, leading to positive social and economic outcomes.