By: Mark Kramer | Founder and Managing Director at FSG | September 9th, 2016

Companies do not operate in isolation. 

The synergy between business success and addressing social problems can be powerful. The first large-scale program to diagnose and treat HIV/AIDS in South Africa? It was introduced by the global mining company Anglo American to protect its workforce and reduce absenteeism. How did more than 200 million people in developing countries gain access to financial services? It was through the mobile-banking technology that MasterCard provided them, much to the benefit of both the company and their customers.

More and more companies are adopting a shared value approach—pursuing financial success in a way that also benefits society—as they look for new economic opportunities, seek to regain the public’s trust, and work to solve some of the world’s most pressing social problems. But these companies don’t operate in isolation. Each exists in an ecosystem where factors beyond their control limit their ability to create shared value.

In “The Ecosystem of Shared Value,” FSG’s Mark Kramer and Marc Pfitzer argue that to overcome these barriers, businesses must initiate collective impact efforts that involve all players in their ecosystem. The article, published in Harvard Business Review, examines the 5 principles of collective impact and explores how Norway-based manufacturer Yara and the retail giant Walmart are using this approach to not only advance social progress, but also find economic opportunities that their competitors miss.

Read “The Ecosystem of Shared Value” >

This post was originally published on FSG.org. Photo Credit: Unsplash / Meiyung Ng

Comments

John Stewart's picture

The best understudies value making articles since they're a chance to exceed expectations; they're an interesting insightful practice in which the coursework help service writer must workmanship careful disputes on complex subjects inside the limits of a prescribed and as often as possible restrictive word check.

latest online news's picture

This was amazing post .This is my first time i visit here. I exposed such a variety of charming stuff in your blog Truly itsstrange piece of writing.as a staff of latest online news

Henry Weston's picture

They can stand harsh winters and are a poster child of global warming because when the seasons go away so do the penguins. Also, they are very cute noticing and are a pop culture icon. Assignment Writing Service UK

Alison Daewon's picture

Further organizations are getting a common esteem approach—in explore of after currency associated occupation in a means that regularly benefits society—as they search for new financial open doors, look to get better general society's trust, and work to clarify a portion of the world's most squeeze social issue. Be to as it may, Order College papers these organizations don't work in remoteness.

James Cameron's picture

People in general's faith, and work to untie a piece of the world's most squeezing social issue. In any case, Masterpaperwriters.com organization don't work in disconnection. 

Saif Ammar's picture

An ecosystem has included all of the living things, plants, animals and organisms. writing Dissertation service it interacts with each other with non-living environments weather, earth, the sun, soil, climate,  and atmosphere.

Shazeen sherzad's picture

Accepted will help in academic studies and provide writing and proofreading service to enhance the skills of the student through which student can learn something at home and their free time

Katie Beck's picture

Assignment Help Master always prefer quality content and here we found the secret of business success and some social problems, and mobile banking is now on a trend every business man acquire banking technology for their easiness.

Read Full Article

HBR Art - Ecosystem of SV"The Ecosystem of Shared Value" is available for download in its entirety on FSG.org. Read Article

The Change the World List

We've partnered with Fortune to spotlight 50 companies that create positive social impact with their core business models. Read about the List

Read More Community Posts

This post was published in our public online community for shared value business leaders, which we welcome you to join. More Recent Conversations