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Porter and Kramer define shared value as "the policies and practices that enhance the competitiveness of a company while simultaneously advancing social and economic conditions in the communities in which it operates", [2]: 6 while a review published in 2021 defines the concept as "a strategic process through which corporations can turn social ...
Vitality uses a business model known as Shared Value Insurance. [2] Shared Value is a concept created by Professor Michael E. Porter and Mark Kramer of Harvard Business School. They describe it as “policies and operating practices that enhance the competitiveness of a company while simultaneously advancing the economic and social conditions ...
A value chain is a progression of activities that a business or firm performs in order to deliver goods and services of value to an end customer.The concept comes from the field of business management and was first described by Michael Porter in his 1985 best-seller, Competitive Advantage: Creating and Sustaining Superior Performance.
Snam's approach to sustainability is based on Shared Value, a concept elaborated by Michael E. Porter in collaboration with Mark R. Kramer that explores the link between a company and its environment and their mutual interdependence. [50]
Michael Eugene Porter (born May 23, 1947) [2] is an American businessman and professor at Harvard Business School.He was one of the founders of the consulting firm The Monitor Group (now part of Deloitte) and FSG, a social impact consultancy.
[8] However, the neo-capitalism philosophy most closely associated with Africapitalism is the theory of "creating shared value" [9] — a concept defined in a Harvard Business Review article titled "Creating Shared Value: Redefining Capitalism and the Role of the Corporation in Society", [10] written by economist, Professor Michael E. Porter ...
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Social finance serves as a middle ground between traditional business, whose main driver is to achieve financial value and traditional charity, whose main driver is to achieve social value. Social finance is a category of financial services that aims to leverage private capital to address challenges in areas of social and environmental need. [1]