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Creating shared value (new way to achieve economic success) - Coggle…

- - - - largely self-contained entity (social or community issues out of scope)
      - growing competition, shorter term performance pressures from shareholders - waves of restucturing, personnel reductions, relocation to lower-cost regions, leverage balance sheets to return capital to investors
      - commodization, price competition, little true innovation, slow organic growth, no clear competitive advantage
      - perception that profits at communities' expense (Rising earnings little to offset high unemployment, local business distress, severe pressures on community services)
      - Global communities without home = Vertically integrated firm gave way to greater reliance on outside vendors (offshoring, outsourcing weakened connection between firm and communities)
        
        Major economic efficiency progress
        
        Fundamental value creation opportunities loss