Web Reference: Creating shared value is a framework for creating economic value while simultaneously addressing societal needs and challenges. Creating Shared Value (CSV) is a strategic framework businesses use to generate economic value in a way that creates value for society. The concept, put forth by Michael E. Porter and Mark R. Kramer in 2011, revolves around the idea that the competitiveness of a company and the health of the communities around it are mutually dependent. The framewo... Creating Shared Value is the business model that allows corporations to become more successful by improving the welfare of their employees, customers, suppliers, community, and society. It is a business model meant to accelerate the achievement of the Sustainable Development Goals (SDGs).
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