about shared value initiative india
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SharedValueInitiativeIndia
http://sharedvalue.in
SharedValueInitiativeIndia
SharedValueInitiativeIndia istheregionalpartneroftheSharedValueInitiative
InstituteforCompetitiveness,India• Anindependent, internationalinitiativecentredinIndia,dedicatedtoenlarginganddisseminating thebodyofresearchandknowledgeoncompetitionandstrategy,pioneeredoverthelast25yearsbyProfessorM.E.PorteroftheInstituteforStrategyandCompetitiveness,HarvardBusiness School (ISC,HBS),USA
• Conducts andsupports indigenous research,offersacademicandexecutivecourses, andprovides advisoryservices tothecorporateset-upsandthegovernments
• Studies competitionanditsimplications forcompanystrategy;thecompetitiveness ofnations, regions&cities
SharedValueInitiative(SVI)• Aglobalcommunity ofleaderswhofindbusiness
opportunities insocietalchallenges.• TheInitiativewasannounced asaCommitmenttoActionfor
theClintonGlobalInitiativeAnnualMeetingin2012.• Connects practitionersinsearchofthemosteffectiveways
toimplementsharedvalueusing thesharedvalueframeworkpioneeredbyProfessorMichaelPorterandMr.MarkKramer
• Enablesaplatformforthecompanies, civil societyorganizations,andgovernmentstoredefinecapitalismbyleveragingthepowerofmarket-basedcompetitioninaddressing socialproblems.
ObjectiveTobringtherealization,understanding,adoptionandimplementationofthebestpracticesforcreatingsharedvalueamongtheorganizations operating inIndia,therebyacceleratingtheeconomicandsocialprogresstowards amoreequitableandsustainableIndia.
SharedValueInitiativeIndia
• Anon-profitundertakingthataimstoinfluencethechangeinfocusandapproachoftheorganizations&institutions inIndiatowardsresponsiblebusiness practices
• Theinitiativeintendstobeanon-partisan,non-governmentalorganizationandisnot intendedtobealobbyinggroup
• Embracesshifttowardsalegitimatewayofmakingprofitsbycreatingawarenessamongcompanies,civilsociety,andgovernmentorganizationstoleveragethepowerofmarketbasedcompetitioninaddressingsocialproblems
• CommunityofcorporateCXOs,government,media,investors,academiccommunitiesandcivilsocietyleaderscommittedtotheredefinitionofcapitalismtowardsfindingbusinessopportunities insocietalchallengestherebyleadingtofutureprosperityofallIndians
SustainableGrowth
Serve
Survive
Activities&Engagements
Workshops&Programs
Summits&Events
SharedValueIndex
SharedValueEnterprise
SharedValueProfessionalCertification
• OrganizingSummitandEventstobringtogetherbusiness thinkersandleadersacrossindustriestoputforwardtheadoptionofthesharedvalueconcept
• Organizingprograms&workshops onsharedvalue.
• Theawardrecognizescompaniescontributing tothesocietybyincorporatingsharedvalueinitiativesintheirbusiness models.ThebestonesgetawardedviaPorterPrizeforcreatingsharedvalue
• Endorsing companieswhocreate alargescaleimpactonsocietythroughsharedvalueenterprise
• Professionals &firms fromacrosstheworldthataretrainedtoprovidesharedvalueconsultingservices tocorporations, governmentsandcivilsociety organizationsthroughsharedvalueprofessionalcertification
• Sharedvalueindexwillmeasurefinancialperformanceofcompanies relativetothesocialprogresscreatedbytheiractivities
PorterPrizeonCSV
• SharedValueInitiativeIndiarecognizestheorganisationsthatareusingsharedvalueactivitiesintheirbusinessmodelsandbringingapositivechangeinsociety
• OrganizationsareawardedPorterPrizeonCreatingSharedValue
• WinnersofPorterPrizeonCSVfortheyear2015• JSWGroup• JainIrrigation
• Previousyearwinners• HindustanUnileverLimited(2014)• RallisIndiaLimited(2013)• GodrejGroup(2013)• MotherDairy(2012)• ICICILombard(2012)
PorterPrizeonCSV
• SharedValueEnterprise(SVE) recognizecompaniesthatarecreatingeconomicandsocialimpactthroughaprofitablebusinessmodel
• Anendorsementforcompaniesthatwillhighlighttheircorporatecredibilityincreatingapositiveimpactonsociety
• Asharedvalueenterprisewouldbelooked uponaschangemakerthatmanycompanieswilllookupto.
• Theendorsementwillbringtoforethatacompanyisactingasaforceforgoodinsociety
• TheenterpriseswillbecelebratedattheyearlySharedValueSummitinIndia
• Companieswillbeaccessedacrossthefollowingparameters
Business Inputs
Social Outputs
Social Outcomes
Business Value
Created
• BusinessInputs–Timedevoted,Investments• SocialOutput– No.ofpeoplereached• SocialOutcomes– Increaseineconomicstabilityof• BusinessValueCreated– Revenuegenerated
throughactivities,increaseinmarketshare.
SharedValueEnterprise
Howwillwedoit?
Defining Shared Value for a
organizationIdentification of
Parameters Designing
Questionnaires Assessing
Questionnaires Recognizing
Organization
Stage1• Identificationofcompaniescreatingapositiveimpactonthesociety
Stage2•Eligiblecompanieswill beassessedacrossvariousparameters
Stage3•AssessmentofcompaniesdonebysharedvalueexpertsatSVII
Stage4•Basedontheoutcomeofassessment,acompanywouldberecognizedasaSharedValueEnterprise
• Awellestablishedapproachwillbeusedforrecognitionofenterprisesasasharedvalueenterprise
• Thereisadetailedprocessofassessment,anditbeginsoncethecompanyappliestobecomeasharedvalueenterprise.Theprocesswillhavevariousstages
SVE- Methodology
SharedValueProfessionalCourse
• A consortiumofprofessionals&independent consultingfirmsaroundtheworldwillbetrainedtoprovidesharedvalueconsultingservicestocorporations,governmentsandcivilsocietyorganizations.
• Professionalsfromcompanieswouldbeselected,trained&certifiedinsharedvaluebySharedValueInitiativeIndia&SharedValueInitiative
• Thetrainingprogramcomprisesofmodulesonsharedvalueacrossindustriesandgeographies,theclientlandscape,identificationofsharedvalueopportunities, initiativedesign,sharedvaluemeasurement,andenterprise-levelcomponentsofsharedvaluestrategy.
• AimistoadvancetheadoptionandimplementationofsharedvaluestrategybyIndiancompanies• SharedValueProfessionalCoursewillbecomeanessentialknowledgetoolforprofessionalsandfirmsinIndiatocreateand
implementsharedvaluestrategies• Thekeyfocusareasofthecoursewillbe:
• Fundamentalsofsharedvalue• Waystocreatesharedvalue• DevelopingandImplementingasuccessfulsharedvaluestrategy• Measuringthereturnoninvestments• Measuringthepositiveoutcomes
SharedValueProfessionalCertification
SharedValueIndex• SharedValueIndexwillmeasurethesharedvalueperformanceofcompanies
• Evaluatecompaniesonparametersthatreflectsthecreationofsharedvalue.Eachcompanylistedontheindexwillbeassessedbasedontheparametersrepresentingtheirsharedvalueapproaches
• Theindexwillconsistofcompanieswhohavebeenmakingapositivechangeinsocietyandmeasuretheirperformance
• Companiesonthe indexwillbeevaluatedonyearlybasisandthosewhofailtoshowconsistentprogressmayberemoved.
• Theideaisthatcompanieslistedwilloutperformthe index
Step1IdentificationofParameters
Step2DataCollection
Step3Measuringthe
Index
Step4AnalysingtheIndex
AssessmentProcessforSVIndex
• RevenueAttributed• GeographicalCoverage• SocialImpact• EnvironmentalImpact
AssessmentParameters
SharedValueIndex
PartnersDay
• SharedValueInitiativeIndiaorganizedPartnersDayon19November2015foritsdistinguishedmembersandeminentadvisorsontheboard
• Topexecutivesfrommembercompanies– Abbott,SealedAir,ReachScale,MotherDairy,etal.participatedforthepartnersday
• BusinessthinkersandleaderslikeJustinBakule,ExecutiveDirector– SharedValueInitiative,RishiAgarwal,Director–ConsultingTeamatFSG,DavidWilcox,Founder– ReachScale,ShellyBatra,Founder– OperationAsha,Jasraj Virdi,AssociateDirector- CorporateCitizenshipatAbbott IndiaLimitedamongotherswerepresentontheday
• Thekeylearningoutcomesforthedaywere–• Tangiblemodelsofmeasurementarerequiredtomakesharedvalueadoptionawidespreadphenomenon• Therearedifferentwaystocreatesharedvalueacrossindustries• PartnershipwithgovernmentandrightkindofNGOsplayacrucialroleineffectiveimplementationofsharedvaluestrategies• Sharedvalueisaboutsocialandeconomicobjectives goingintandemtowardsnation’s inclusive development• Technology&innovations areessentialindevelopment ofnon-exploitative business models thatcreateapositive impactonsociety
TheSharedValueSummitistheannualeventforsharedvaluepractitionersandleaderswhoarelookingatmakingadifferencetotheworldthroughpositivecapitalisticbusinessmodels.Theeventconvenestheforemostthinkersfromthefieldofsharedvaluetodiscuss,deliberateandformulateactionstrategies.
• Thesummitbroughttoforethe importanceofsharedvalueinIndiathroughextensivepaneldiscussions andkeynotes
• MarkR.Kramerdeliveredtheinauguralkeynotethrowingreflectiononthesharedvalueconceptanddifferentwaystocreatesharedvalue
• Thechiefguest,ShriSureshPrabhu,HonourableUnionMinisterofRailways,GovernmentofIndia,deliveredakeynoterelatingtheroleofgovernmentandroleofbusinesses insociety
• Pujya SwamiChidanand Saraswati blessedthesummitthatwasfollowedbythekeynotefromSadhvi Bhagwati Saraswatiwholinkedspirituality&sharedvalue
• Theeventsawthepresenceofeminentbusiness leadersandthinkers likeNaina Lal Kidwai ofHSBC,SureshNarayanofNestle,Geetu Verma ofHUL,Siraj AChaudhryofCargillIndia,Himanshu JainofSealedAir,JustinBakule ofSharedValueInitiative,Sumantra Sen ofJSWFoundation,RichieAhujaofEnvironmentalDefenseFund,ShellyBatra ofOperationAsha,SusanBeverlyofAbbott etal.
SharedValueSummit2015
SharedValueSummit2015
• SVIIwillbelaunchingtworeportsintheupcomingweeks• ListofEnterprisescreatingaimpactonsociety• StateofSharedValueinIndia
• ThereportslistthebusinessesthathavecreatingapositiveimpactonsocietyanddiscussesthestateofsharedvalueinIndiarespectively
• Thelaunchofreportswasannounced attheSharedValueSummit2015
• Listofbusinesses creatingapositiveimpactonsociety illustrates21organizationsthatarechangingthewaybusinesseslooksatsocietyandareaddressingsomeofthemostpressingchallengesofthecountry.ThelisthasbeendoneincollaborationwithTheHinduBusinessLine
• ThereportonthestateofsharedvalueinIndiadiscussestheconceptofsharedvalueanddifferentwayinwhichitcanbecreated
• Thereporthighlightsexamplesofbusinesses inIndiathathavefoundeconomicsuccessbyaddressingneedsofsociety
ReportsbySVII
SharedValueInitiativeIndiawww.sharedvalue.in
email:[email protected]