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Though the right shared value approach for each business is unique and depends on its strategy, context, and competitive position, we’ve identified 10 “building blocks” that provide a framework for successfully creating shared value. Case studies from HP, Cisco, GE and others illustrate the application of these ideas across companies and sectors. This report was sponsored by HP.
Top Takeaways
- Adopting a shared value strategy often requires a major shift in thinking within a company.
- Success requires an explicit company-wide shared value vision, a focused strategy, a willingness to apply assets and expertise across functions, and performance management that focuses both on results and continuous learning.
- Shared value creation implies a more internally focused role for CSR, sustainability, and philanthropy staff with a strong emphasis on facilitation and change management.
Creating shared value starts with an explicit strategic decision by corporate leaders.
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