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?

In my opinion, the seemingly conflicting interpret (...)

  Ranjeet Menon, Project Manager, India

Creating Shared Value with CSR

I haven't been in a role where I have had to merge (...)

  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...

Consultants have a genius for calling the same thi (...)

  Leodegardo M. Pruna, Professor, Philippines

CSV and CSR to a Business Enterprise

Created Social Value (CSV) and Corporate Social Re (...)

  Guillermo Hasing, Business Consultant, Ecuador

CSV and CSR are Beyond Companies Boundaries

CSR is going beyond companies' boundaries because (...)

  Jay Lo, Partner, Taiwan

Cannot Use Short Term Output to Measure CSR or CSV

CSR needs to be carried out with true heart. If th (...)

  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

Win-Win Solution in CSV and CSR

@: 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

Win-Win Solutions CSV and CSR

@: 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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