shared value: a new global agenda presentation draws on ideas from professor porter’sbooks and...

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This presentation draws on ideas from Professor Porter’s books and articles, in particular, Competitive Strategy (The Free Press, 1980); Competitive Advantage (The Free Press, 1985); “What is Strategy?” (Harvard Business Review, Nov/Dec 1996); On Competition (Harvard Business Review, 2008); and “Creating Shared Value” (Harvard Business Review, Jan 2011). No part of this publication may be reproduced, stored in a retrieval system, or transmitted in any form or by any meanselectronic, mechanical, photocopying, recording, or otherwisewithout the permission of Michael E. Porter. For further materials, see the website of the Institute for Strategy and Competitiveness, www .isc.hbs.edu, and FSG website, www .fsg.org. Professor Michael E. Porter Harvard Business School Shared Value Leadership Summit New York, NY May 10 th , 2016 Shared Value: A New Global Agenda

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This presentation draws on ideas from Professor Porter’s books and articles, in particular, Competitive Strategy (The Free Press, 1980); Competitive

Advantage (The Free Press, 1985); “What is Strategy?” (Harvard Business Review, Nov/Dec 1996); On Competition (Harvard Business Review, 2008);

and “Creating Shared Value” (Harvard Business Review, Jan 2011). No part of this publication may be reproduced, stored in a retrieval system, or

transmitted in any form or by any means—electronic, mechanical, photocopying, recording, or otherwise—without the permission of Michael E. Porter. For

further materials, see the website of the Institute for Strategy and Competitiveness, www.isc.hbs.edu, and FSG website, www.fsg.org.

Professor Michael E. PorterHarvard Business School

Shared Value Leadership SummitNew York, NY

May 10th, 2016

Shared Value: A New Global Agenda

Copyright 2016 © Professor Michael E. Porter220160510—FSG Leadership Summit —FINAL

The Role of Business in SocietyEvolving Approaches

Corporate Social

Responsibility

(CSR)

Creating Shared

Value

(CSV)

Philanthropy

• Mitigating risk and

harm

• Improving trust and

reputation

• Donations to worthy

social causes

• Volunteering

• Compliance with

community

standards

• Good corporate

citizenship

• “Sustainability”

initiatives

• Addressing societal

needs and

challenges through

the business itself,

with a business

model

- Making a profit

Copyright 2016 © Professor Michael E. Porter320160510—FSG Leadership Summit —FINAL

Shared Value Has Gone Mainstream2011 2015

Copyright 2016 © Professor Michael E. Porter420160510—FSG Leadership Summit —FINAL4 Copyright 2016 © Professor Michael E. Porter4

800+ documented case examples on sharedvalue.org

200+ shared value conferences and workshops since 2011

15K+ scholarly citations for “shared value”

1.35M+ views of Michael Porter’s 2013 TED Talk

Prominent media features: NY Times, Fortune, Fast Company

and Huffington Post

Senior executive program on shared value (since 2014)

and Harvard MBA course this fall

470+ academic institutions worldwide teaching our shared value

cases developed at HBS

Shared Value Momentum: By the Numbers

Copyright 2016 © Professor Michael E. Porter520160510—FSG Leadership Summit —FINAL

Transforming Competition and Strategy

Copyright 2016 © Professor Michael E. Porter620160510—FSG Leadership Summit —FINAL

Social Impact at Scale (U.S)

• A corporate coalition to engage at least 100,000 “Opportunity Youth”

age 16-24 who face systemic barriers to jobs and education by 2018

• Hire, retain and advance these youth while simultaneously meeting

partner companies’ talent acquisition and retention needs

Demonstration

Cities

Build connections

between employers

and local workforce

systems

Recruiting

Events

Connect employers with

talent and disseminate

the message about

youth potential

Corporate

Coalition

Disseminate effective

practices around

recruitment, retention

and advancement

Copyright 2016 © Professor Michael E. Porter720160510—FSG Leadership Summit —FINAL

Participating Employers

Copyright 2016 © Professor Michael E. Porter820160510—FSG Leadership Summit —FINAL8

REGIONS

Collective Impact

SECTORS SOCIAL ISSUES

Australia

India

Extractives

Pharma/

Medical Devices

Banking Workforce

Development

Education

Health Housing

Financial

Inclusion

Chile

Copyright 2016 © Professor Michael E. Porter920160510—FSG Leadership Summit —FINAL

Companies

Donors

Social

Entrepreneurs

Shared Value

InvestorsGovernment

Aid

Organizations

NGOs

Cross-Institutional Collaboration