Corporate Responsibility versus Porter's Shared Value

Corporate Responsibility
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Corporate Responsibility > Best Practices

Ismael Bena - MBA, Management Consultant, Netherlands
Crane et al. (2014) recently argue that ‘' is a subject (part) of the concept. This is opposed to Porter and Kramer’s (1999; 2002; 2006; 2011) view, who conceptualize CSV as an enhancement of CSR. In short, CSV aims to transform societal problems potentially affecting the corporation into business opportunities, which in turn have the ability to solve the social problems and simultaneously enhance the corporation's profitability. Hailed as a ‘new concept’ by Porter & Kramer (2006; 2011), and Porter being one of the world’s-best known business strategists, the new concept quickly got embraced by multinationals (e.g. Nestlé, Coca-Cola) and even became a key strategy in the official EU strategy on CSR (European Commission, 2011). Crane and colleagues (2014) challenge the novelty of CSV and find strong correlation with (pre) existing CSR concepts, i.e. , , , etc. Supported by CSR literature they go on arguing that “CSR is strategic when it yields substantial business-related benefi (...) Read more? Sign up for free

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  Piotr Wojcik, Student (Other), Poland
 

What is New About CSV?

In my opinion, CSV is similar, but not the same as (...)

  Sonny Vicente, Coach, Philippines
 

Corporate Responsibility versus Porter's Shared Value, is There a Difference?

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  Ranjeet Menon, Project Manager, India
 

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  Love Lonnroth, Management Consultant, Sweden
 

CSV versus CSR: Interesting Question

Thanks Ismael for a thought provoking post. I have (...)

  Ron Strauss, Business Consultant, United States
 

Semantics, ... Or, in Other Words...

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  Leodegardo M. Pruna, Professor, Philippines
 

CSV and CSR to a Business Enterprise

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  Guillermo Hasing, Business Consultant, Ecuador
 

CSV and CSR are Beyond Companies Boundaries

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  Jay Lo, Partner, Taiwan
 

Cannot Use Short Term Output to Measure CSR or CSV

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  Hamad Al Sadd Al Ali, Student (MBA), United Arab Emirates
 

Societal Problems are often Created by Companies

Good day, this article is critical, and so is my p (...)

  Ismael Bena - MBA, Management Consultant, Netherlands
 

CSR Goes Beyond Created Shared Value

Great contributions and comments so far. As it ap (...)

  Piotr Wojcik, Student (Other), Poland
 

CSV Represents a Different, Instrumental Approach to Sustainability/CR Issues

As @ said - it is all about semantics. No matter w (...)

  Guillermo Hasing, Business Consultant, Ecuador
 

3BL Concept and Win Win Win Situation

Thanks, Ismael for your comment. 3BL concept, econ (...)

  Olaf de Hemmer, Business Consultant, France
 

CSR / CSV ⇒ Value / Values

Very interesting still converging discussion: obvi (...)

  Leodegardo M. Pruna, Professor, Philippines
 

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@: Your commentary on the subject of CSV and CSR i (...)

  Guillermo Hasing, Business Consultant, Ecuador
 

Win - Win Solutions CSV and CSR

@, thanks for your wise clarification, you are rig (...)

  Leodegardo M. Pruna, Professor, Philippines
 

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@: Thank you for your comment. I agree with your e (...)

  Tom Essen, Consultant, Finland
 

The Pragmatic Implications Need to Be Considered

My thoughts are similar to @. Business concepts ve (...)

  Ismael Bena - MBA, Management Consultant, Netherlands
 

Contradictions with CSV Implementations

@: Hi Tom, your and Ron's remarks are on point, bu (...)

  Olaf de Hemmer, Business Consultant, France
 

Contradictions with CSV Implementations

@ and @Ismael Bena: Yes, if two people compete f (...)

  Maimon Arif, Manager, Malaysia
 

CSV versus CSR the Intention and Outcomes

To my mind there is a major differences in the int (...)

 
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