What happens when a business recognises the critical challenges that are associated with social, economic and environmental problems, and views them as valuable raw materials that can help to drive innovation and build strategic economic value.
Shared Value is a management strategy, that helps reshape both commercial activity and communities, by identifying and transforming social problems, as part of a strategic business development framework.
This collaborative and innovation led approach helps produce economic growth, competitive advantage, as well as social change. Combined, these outcomes are known as Shared Value.
Creating Shared Value helps develop and combine the important relationships that are needed to connect business activity with both the natural environment and local communities.
HealthSquared can help support local businesses that seek to combine innovation, with mutuality, in order to produce sustainable case study examples of Shared Value Development.