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Creating shared value - Coggle Diagram
Creating shared value
What is shared value?
Creating economic value in way which also creates value for socíety
Recognises societal needs
New technologies and operating methods
Identifying and expanding the connections between the economic and societal processes
Value is benefits related to costs
How is shared value thinking changing the value chain?
Energy and logistics
Resource use
Procurement
Employee productivity
Location
How shared value is created?
Reconcieving products and markets
Are the products good for customers?
Redefining productivity in the value chain
Building supportive industry clusters
Creating connection between competitive advantage and societal issues.
Externalities
Pollution
GOVERNMENT TAX THIS?
Government regulation
Level playing field
Societal advantage
Porter and kramers view
Seen to effect the wider community negatively
Governments have had to intervene which then sap business growth