Corporate Responsibility versus Porter's Shared Value

Corporate Responsibility
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Corporate Responsibility > Best Practices > Corporate Responsibility versus Porter's Shared Value

Corporate Responsibility versus Porter's Shared Value
Ismael Bena - MBA, Management Consultant, Netherlands, SIG Leader
Crane et al. (2014) recently argue that ‘Created Shared Value’ (CSV)' is a subject (part) of the Corporate Responsibility (CSR) 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 stron... Read more? Sign up for free
 

 
What is New About CSV?
Piotr Wojcik, Student (Other), Poland, Member
 

   

 
Creating Shared Value with CSR
Ranjeet Menon, Project Manager, India, Member
 

 
CSV versus CSR: Interesting Question
Love Lonnroth, Management Consultant, Sweden, Member
 

 
Semantics, ... Or, in Other Words...
Ron Strauss, Business Consultant, United States, Member
 

 
CSV and CSR to a Business Enterprise
Leodegardo M. Pruna, Professor, Philippines, Member
 

 
CSV and CSR are Beyond Companies Boundaries
Guillermo Hasing, Business Consultant, Ecuador, Member
 

 
Cannot Use Short Term Output to Measure CSR or CSV
Jay Lo, Partner, Taiwan, Member
 

 
Societal Problems are often Created by Companies
Hamad Al Sadd Al Ali, Student (MBA), United Arab Emirates, Member
 

 
CSR Goes Beyond Created Shared Value
Ismael Bena - MBA, Management Consultant, Netherlands, SIG Leader
 

   

 
3BL Concept and Win Win Win Situation
Guillermo Hasing, Business Consultant, Ecuador, Member
 

 
CSR / CSV ⇒ Value / Values
Olaf de Hemmer, Business Consultant, France, Member
 

 
Win-Win Solution in CSV and CSR
Leodegardo M. Pruna, Professor, Philippines, Member
 

 
Win - Win Solutions CSV and CSR
Guillermo Hasing, Business Consultant, Ecuador, Member
 

 
Win-Win Solutions CSV and CSR
Leodegardo M. Pruna, Professor, Philippines, Member
 

 
The Pragmatic Implications Need to Be Considered
Tom Essen, Consultant, Finland, Member
 

 
Contradictions with CSV Implementations
Ismael Bena - MBA, Management Consultant, Netherlands, SIG Leader
 

 
Contradictions with CSV Implementations
Olaf de Hemmer, Business Consultant, France, Member
 

 
CSV versus CSR the Intention and Outcomes
Maimon Arif, Manager, Malaysia, Member
 

     

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Special Interest Group Leader
Ismael Bena - MBA
Management Consultant

Corporate Responsibility
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Corporate Responsibility
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