shared value

Measuring Shared Value...minus the measuring

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In the January-February 2011 edition of HBR, Michael Porter and Mark Kramer made the case for shared value. As a consultant to companies on innovation and social impact, this was one of the most welcome articles I have read in the past several years. When - arguably - the biggest name in the study of management lends his voice to the case for social good AND shows correlation to profitability, people listen.

Leveraging the Value Chain and Acting Collectively Will Pave the Way to Systemic, Sustainable Change

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Paula Davis is president of the Alcoa Foundation.

 

What’s Your “CSR” Specialty?

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When it comes to corporate strategy, the definition of the problem shapes the definition of the answer.  Increasingly companies are recognizing that when it comes to how they deal with what are commonly known as CSR issues, they are actually dealing with a range of different problems. 

#HappeningNow - BCLC National Conference Live From Atlanta!

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This week we're down in Atlanta for our annual National Conference - Forecast: Corporate Citizenship and America’s Future. Over the next three days we're bringing together the foremost voices in corporate social responsibility (CSR) for a solutions-focused discussion on how to address the tough challenges facing America today and what we can do together for the future. 

New Research Release: The State of the Corporate Responsibility Profession

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As the cliché goes, you can't know where you are going until you know where you have been. This is just as true in the CSR field as it is in life. As the debates continue over shared value versus CSR versus philanthropy, assessing the current landscape is crucial -- and figuring out how to mature the CSR profession is an untapped opportunity.

So What About the Board?

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It’s now a year since Michael Porter famously threw down his gauntlet by announcing from on high that all value needed to be Shared Value. That, as I wrote last year, we are moving into the Third Age of corporate-social relations. From old-style “philanthropy” – typically disbursed after corporate titans had made their pile -- to “corporate social responsibility”; from fairtrade to subtler alignments of brand and charitable effort; to something approaching the end of CSR and its sublimation into a revolutionary reshaping of mainstream business strategy.

What We Loved in 2011: Top Headlines and Happenings of the Past Year

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2011 was a rollercoaster year in many respects, and the field of corporate citizenship was no different.  While thousands are protesting big business through the Occupy movement, individual companies -- through partnerships and leadership -- are part of some impressive societal strides. Below are six corporate citizenship headlines and happenings we found highly engaging this past year:

Share Value or Shared Values?

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It is hard to believe that by adding or dropping an “s” in the word value that the whole meaning changes.  The business world is abuzz with the proposal by Michael Porter and Mark Kramer that business “redefine capitalism” by producing products and services that are good for profits and for people and the planet.  The idea is not theirs alone — Jed Emerson called it “blended value” several years prior and we spoke of it in the “socio-commercial” business models of GE, Unilever, IBM, an

One of Our Greatest Business Gurus Redefines Capitalism. Perhaps.

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There’s been a lot of talk about the “new CSR” – corporate social responsibility as something other than philanthropic giveaways with an eye on looking good. Which may be an unfair way to characterize corporate engagement in social good over the years – from Rowntree to Hershey to Tata – but the split between gross generosity after the fact (Carnegie will always be the best/worst example) and marginal generosity during, has been almost universal.

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