Capabilities for creating shared value : optimizing social-business balance in Southeast and South Asian countries
Our understanding and practice of business sustainability expanded in this new century, far beyond “going green” and corporate social responsibility (CSR). Creating shared value (CSV) is among the major trends in the field. Despite acclaim for CSV and related concepts, the thorny issue of how to e...
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| Language: | English |
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2020
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| Online Access: | https://hdl.handle.net/10356/143479 |
| _version_ | 1826121856882573312 |
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| author | Zhao, Meng |
| author2 | Nanyang Business School |
| author_facet | Nanyang Business School Zhao, Meng |
| author_sort | Zhao, Meng |
| collection | NTU |
| description | Our understanding and practice of business sustainability expanded in this new century, far beyond “going green” and corporate social responsibility (CSR). Creating shared value (CSV) is among the major trends in the field.
Despite acclaim for CSV and related concepts, the thorny issue of how to effectively manage the process of simultaneously creating social and business values remains a puzzle. This report aims to untangle the complexity of managing CSV by shedding light on three fundamental questions: 1) What is CSV capability? 2) Why do managers develop CSV capability? 3) How can managers develop CSV capabilities to achieve their goals?
This report presents a 4A framework of CSV capability, which explains approaches to achieving SVO and shows how managers develop and execute CSV capability by accomplishing four interrelated tasks—avoiding destructive tradeoffs, adapting to internal and external changes through constructive tradeoffs, accruing competitive advantages through synergies, and aligning CSV capabilities with shared value optimization (SVO). |
| first_indexed | 2024-10-01T05:39:21Z |
| format | Newsletter |
| id | ntu-10356/143479 |
| institution | Nanyang Technological University |
| language | English |
| last_indexed | 2024-10-01T05:39:21Z |
| publishDate | 2020 |
| record_format | dspace |
| spelling | ntu-10356/1434792023-05-19T07:31:17Z Capabilities for creating shared value : optimizing social-business balance in Southeast and South Asian countries Zhao, Meng Nanyang Business School Business::General Emerging Markets Our understanding and practice of business sustainability expanded in this new century, far beyond “going green” and corporate social responsibility (CSR). Creating shared value (CSV) is among the major trends in the field. Despite acclaim for CSV and related concepts, the thorny issue of how to effectively manage the process of simultaneously creating social and business values remains a puzzle. This report aims to untangle the complexity of managing CSV by shedding light on three fundamental questions: 1) What is CSV capability? 2) Why do managers develop CSV capability? 3) How can managers develop CSV capabilities to achieve their goals? This report presents a 4A framework of CSV capability, which explains approaches to achieving SVO and shows how managers develop and execute CSV capability by accomplishing four interrelated tasks—avoiding destructive tradeoffs, adapting to internal and external changes through constructive tradeoffs, accruing competitive advantages through synergies, and aligning CSV capabilities with shared value optimization (SVO). Published version 2020-09-03T08:11:53Z 2020-09-03T08:11:53Z 2020 Newsletter Zhao, M. (2019). Capabilities for creating shared value : optimizing social-business balance in Southeast and South Asian countries. Emerging Market Sustainability Status Issues, 1. doi:10.32655/BSEM.2020.01 https://hdl.handle.net/10356/143479 10.32655/BSEM.2020.01 1 en Annual Status Reports : Emerging Market Sustainability Status This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License (CC BY-NC 4.0). application/pdf |
| spellingShingle | Business::General Emerging Markets Zhao, Meng Capabilities for creating shared value : optimizing social-business balance in Southeast and South Asian countries |
| title | Capabilities for creating shared value : optimizing social-business balance in Southeast and South Asian countries |
| title_full | Capabilities for creating shared value : optimizing social-business balance in Southeast and South Asian countries |
| title_fullStr | Capabilities for creating shared value : optimizing social-business balance in Southeast and South Asian countries |
| title_full_unstemmed | Capabilities for creating shared value : optimizing social-business balance in Southeast and South Asian countries |
| title_short | Capabilities for creating shared value : optimizing social-business balance in Southeast and South Asian countries |
| title_sort | capabilities for creating shared value optimizing social business balance in southeast and south asian countries |
| topic | Business::General Emerging Markets |
| url | https://hdl.handle.net/10356/143479 |
| work_keys_str_mv | AT zhaomeng capabilitiesforcreatingsharedvalueoptimizingsocialbusinessbalanceinsoutheastandsouthasiancountries |