There are three key ways that companies can create shared value opportunities By reconceiving products and marketsâ€
¢Every firm should look at decisions and opportunities through the lens of shared value. This will lead to new
The opportunities have been there all along but have been overlooked. Businesses acting as businesses, not as charitable donors, are the most powerful force for addressing the pressing issues we face.
A community needs successful businesses to provide jobs and wealth creation opportunities for its citizens.
process, as more-fundamental opportunities for value creation were missed. The scope of strategic thinking contracted
opportunities to meet fundamental societal needs and misunderstood how societal harms and weaknesses affect value chains
improving value in one area gives rise to opportunities in the others The concept of shared value resets the boundaries of capitalism.
opportunities will differ. The opportunities will also differ markedly across industries and companies†but every company has
them. And their range and scope is far broader than has been recognized. The idea of shared value was explored initially in a
Equal or greater opportunities arise from serving disadvantaged communities and developing countries. Though societal needs
Similar opportunities await in nontraditional communities in advanced countries. We have learned, for example, that poor urban
new opportunities for economic development and social progress increase exponentially For a company, the starting point for creating this kind of shared value is to identify all the societal needs, benefits, and harms
The opportunities are not static; they change constantly as technology evolves, economies develop, and societal priorities shift.
discover new opportunities for differentiation and repositioning in traditional markets, and to recognize the potential of new
Opportunities to create shared value arise because societal problems can create economic costs in the firm†s value chain.
Triggered by energy price spikes and a new awareness of opportunities for energy efficiency, this reexamination was under way even before carbon emissions became a global focus.
The opportunities apply to all resources, not just those that have been identified by environmentalists. Better resource utilization†enabled by improving technology†will
Opportunities for new distribution models can be even greater in nontraditional markets. For example, Hindustan Unilever is
and opportunities for advancement for employees have on productivity. Many companies, for example, traditionally sought to minimize the cost of â€oeexpensive†employee health care
Here is shared where the value opportunities will be greatest. Initiatives that address cluster weaknesses that constrain companies will be much more effective than community-focused corporate social responsibility programs, which often
The opportunity to create economic value through creating societal value will be one of the most powerful forces driving growth in the global economy.
Inevitably, the most fertile opportunities for creating shared value will be closely related to a company†s particular business, and
These outsiders have been able to see the opportunities more clearly. In the process, the distinction between for-profits and nonprofits is blurring
discovering these opportunities. Social enterprises that create shared value can scale up far more rapidly than purely social
The opportunities to create shared value are widespread and growing. Not every company will have them in every area, but our
experience has been that companies discover more and more opportunities over time as their line operating units grasp this
While some shared value opportunities are possible for a company to seize on its own, others will benefit from insights, skills,
greater opportunities will be missed The moment for an expanded view of value creation has come. A host of factors,
employees and citizens and the increased scarcity of natural resources, will drive unprecedented opportunities to create shared
The results have been missed opportunity and public cynicism How Shared Value Differs from Corporate Social Responsibility
But shared value offers corporations the opportunity to utilize their skills, resources, and management capability to lead social progress in ways that even the best-intentioned
and networking opportunities ï€ IA4SI: providing CAPS with an impact self-assessment methodology and related
innovation metrics †contributions to an understanding of opportunities and challenges of social innovation measurement, Deliverable of the Project Tepsie, EU 7fp
a specific problem and by offering new social links and collaboration opportunities. Social innovation initiatives should be'social'in two ways:
people, in order to develop new working opportunities, collaborations and so forth (Portes 1998). ) Following this perspective, belonging to a network is a value in itself as it multiplies the
opportunities to enlarge one's own network and to'use'it for addressing emerging necessities
create opportunities to remove barriers to accessibility. Specifically, CAP4ACCESS will use the power and versatility of online maps and mobile devices for collectively gathering
awareness and coordination, creates new opportunities for innovation, and strengthens inclusion, participation and ultimately, human well-being
Opencorporates (OC) provides a good example of the opportunities in open data. It was set up to in the wake of the financial
enable more opportunities for collaboration; increasing early stage seed-funding programmes and other types of nonfinancial support for DSI start-ups;
spreading, scaling and attracting funding opportunities. Equally, as DSI evolves policymakers need to understand the extent to which the policies they are putting
opportunities for collective intelligence via its increasing ubiquity and the massive amounts of data available for collective
Right now few of these opportunities are being taken advantage of by European social innovators, for the most part due
Participatory democracy strives to create opportunities for all members of a population to make meaningful contributions to political decision-making, as well as broadening
the range of people who have access to such opportunities. Since so much information must be gathered for the overall decision-making process to succeed,
These sensors provide the opportunity to implement applications that help citizens to move around in cities
longer only government or corporate forecasters who have the opportunity to access and analyse data.
and companies that hold or generate data about society have the opportunity to enable citizens to hold government to account for
and opportunities to develop the knowledge and self-sufficiency toachieve inclusion in decision-making processes. These are some of the main initiatives within the DSI
work opportunities for women SECTOR SPECIFIC REGULATION/DEREGULATION 8. Establish a European Innovation Lab Network
Opportunities and challenges These include all the initiating factors †for instance a crisis, new evidence, and
the opportunities that a new change could bring about. Â Generating ideas Most of the ideas you come up with at
Opportunities and challenges What really helped them get their project of the ground and helped them to scale up
/opportunities We asked everyone in the room to indi -vidually complete this template to quickly generate ideas
Crowdfunding allows people to have the opportunity to support what they consider to be an attractive idea
INNOVATION LABS In the context of future DSI policy, innovation labs present an opportunity to activate
Suggestion Scheme that creates an opportunity for any public officer to directly submit ideas to improve public services.
-fies funding opportunities, and promotes new economic instruments (such as challenges, and prizes) should be promoted the
scaling and attracting funding opportunities. As DSI evolves policymakers need to understand the extent to which the policies they are putting in place to sup
This focus could be on four key areas of opportunity in DSI a. Collaborative economy b. Digital social innovation in cities and public services
DSI has the opportunity to improve public services, cut costs and improve the environment. Easier procurement could be a route
1. Grow the www. digitalsocial. eu network to enable more opportunities for collaboration through the platform, such as the
opportunity for organisations to jointly develop new projects and apply for funding through innovative mechanisms such as
They are an opportunity both for the public sector and for the markets, so that the products and services better satisfy individual but also collective aspirations
Today, societal trends are perceived increasingly as opportunities for innovation. What†s more trends in demography, community and social media, poverty, the environment, health and well
can consider the different realities, challenges and opportunities of the following six societal trends 11
which overlap and interplay, present huge challenges but also opportunities for social innovations. An important mind-shift is taking place.
They represent a unique opportunity to reconcile the analysis of societal expectations with the efficiency of social public finance
provides many opportunities for regional authorities to tap into to gain funds for social innovation
The Structural Fund regulations for 2014-20 offer new opportunities for social innovation. The following examples illustrate how cohesion policy has supported social innovations in the past, which
give opportunities for poor people to create businesses. In 2006 Mohammad Yunus and Grameen Bank were awarded jointly the Nobel Peace Prize for their work in developing
Cooperation Model improves business opportunities for companies and attracts new companies to the area. It enhances innovation and economic development strategies in a concrete way
regular events and networking opportunities 64 http://www. lcsi. smu. edu. sg /65 http://www. youngfoundation. org
This was a window of opportunity to enable bottom-up creativity, particularly in the way services are delivered
Finally, it assesses the opportunities and barriers for each country. This first exercise shows wide differences amongst Member
creating new opportunities for businesses This is to be realised in the three areas of prevention and health promotion, care and
The new cooperation Model improves business opportunities for companies and attracts new companies to the area.
As such, it suggested that social innovations should be given the opportunity to test small-scale initiatives, which could be scaled up into large-scale sustainable
•Providing opportunities for societal actors, businesses and policymakers to leave their own †comfort zone†and
-ing opportunities for business to thrive: Europe†s economy is expected to continue its decline, and policymakers should focus on a †new growth paradigm†centred on
as well as opportunities to exchange good practice This commitment has been translated into the following actions y piloting a European Public sector Innovation Scoreboard as a basis for further
opportunities, continued education, apprenticeship or a traineeship within a period of four months of becoming unemployed or leaving formal education
opportunities to learn later in life and early school leavers have focused a lot of attention and youth unemployment is also being tackled
the opportunities for skills acquired outside formal education and training systems to be recognised and validated, and for establishing national systems for the validation of
using the opportunities of the Euro -pean Innovation Partnership on Active and Healthy Ageing y ensure adequate and predictable financial support for these strategies,
y fully take advantage of funding opportunities provided by the ESF and ERDF as well as other European Structural and Investment funds (ESIF) and the new
y funding opportunities through PROGRESS/Easi (cf. 2. 3) and ESIF (i) to test new ap
opportunities to support innovation and has a great potential to boost social innovation. As one of the crosscutting objectives of the
and create business opportunities The take-up of social innovation in Horizon 2020 is across all areas where appropriate
services in developing people†s skills and capabilities, in improving their opportunities and in helping them make the most of their potential throughout their life course.
The opportunities for job creation in the social services sector are important due to the development of new needs driven
Erasmus+will provide opportunities for young Europeans to study, train, gain work experience and volunteer abroad.
about each region†s priorities for 2014-20, with opportunities to look into new instru -ments such as Integrated Territorial Investments and Community-led Local Develop
The event provided an opportunity for a detailed discussion on the contribution of social innovation to increasing the effective
//ec. europa. eu/digital-agenda/en/collective-awareness-platforms) provide rich opportunities to share new
The annual Poverty Convention provides another opportunity to share social innovation solutions to challenge exclusion.
of society on long-term visions, anticipate possible challenges and opportunities and generate ideas to inform policy thinking, in the first instance in 2014, around
-ing/exposure opportunities y It enlarges the social innovation community and, by following up the projects select
y It creates greater awareness of the opportunities that social innovation can bring to develop new solutions to problems in Europe among politicians, media, investors
to develop ideas for creating new and better job opportunities. As a result, over 600
188 See the report on funding opportunities for social innovation (http://ec. europa. eu/enterprise/policies/innovation
The platform will provide an opportunity for enterprises and other stakeholders to identi -fy and discuss constructively the current
During 2010-13, the Europe for Citizens programme provided opportunities for stake -holders to engage in participatory processes aimed at defining policies of relevance
the opportunity to put their questions directly to European commission leaders. To organise them, the Commission works closely with its representations in the Member
EU scheme providing volunteering opportunities for young people in Europe and beyond As regards the future Europe for Citizens programme for 2014-20,
CROSS207 (CIP ICT PSP) seeks to exploit these opportunities for services and applications in the field of non-monetary economy, where new needs and practices are
Finally,(c) giving citizens the opportunity to TAKE PART and INTERACT with each other and with the European political actors:
This is an area that presents significant opportunities to leverage the power of European talent by fully
local area, identifying empty spaces and opportunities for reuse. In Croatia, for example, Platforma 9. 18 mapped out
It is an opportunity for the walkers and villagers to share and reflect on innovative practice.
as resources, assets and opportunities for social innovation Assets can be reclaimed and reused and, in the process, environments
have the opportunity to collaborate, share and learn with each other Examples include NESTA€ s Big Green Challenge and the various X-Prizes
140) Open events to provide an opportunity for organisations to engage a wide variety of people in the work of the organization.
opportunity to do something; †bequest use (leaving something for the future); ) and †existence use†(satisfaction that things exist even if you
Tracking the intersects and opportunities of economic, social and environmental value creation. †Available at:
The Opportunity, 2050 Roadmap. †Discussion Paper. London: Department of energy and Climate Change 3. Allen, R. and Stern, V. Eds)( 2007) †Justice Reinvestment †A New Approach to Crime and
1. Murray, R. 2009) †Danger and Opportunity: Crisis and the new Social Economy. †Provocation
opportunity to design and develop innovative approaches to policy. Its 1 SUPPORT IN THE PUBLIC SECTOR 149
2. Murray, R. 2009) †Danger and Opportunity: Crisis and the new Social Economy. †Provocation
Volunteermatch which help people find volunteering opportunities in their local area 418) Donor platforms, such as Globalgiving, Altruistiq Exchange, Network
opportunities: for growing brand equity (through association with well known charities or social enterprises; attracting talent (particularly younger
health and business opportunities for those on low income in the country 453) Market commitments such as Cadbury†s commitment to buy only
Capital Opportunities for Social and Environmental Impact. †Geneva: World Economic Forum 3. For more information see:
and opportunities to nourish and scale DSI in Europe. We will also deepen our research in to policies and strategies that can support DSI in Europe,
significant opportunities to leverage the power of European talent by fully engaging stakeholders, citizens, civil
relational links between DSI organisations and projects, case studies and potential funding opportunities 9 In the new redesign,
organisations for collaboration and funding opportunities) as this is outside the scope of what we can do
provided French and Spanish organisations the opportunity to take the survey in French or Spanish with a link
funding opportunities that might be of interest to the larger community Events Throughout the project the project partners have done a number of workshops presentations and other events
crisis is an opportunity to propose a new model for European innovation. Delivering on the Europe 2020
opportunities to transform governance and redefine government-citizen interactions, particularly within cities Chan, 2013; Pyrozhenko, 2011;
opportunities PWFSOBODF of the community actually depends on the networks. It is them that organise the community
or ecological objectives that generate new opportunities for the improvement of society and the enrichment of community goods and resources.
Opportunities for learning and network -ing Visibility and reputation Open/big data Organization of competi -tions
apps developers and states that the explosive growth in smartphone adoption has created opportunities for 39
In this respect, the Financial services Living Lab gives the opportunity to its creators to better test
Finally, opportunities for learning and networking are a significant incentive As well as we already stated in section 4, intermediary organizations or enablers, such as ENOLL, can play a key role in this respect.
community, including 1) the opportunity to support an attractive idea or the producer the smart citizens
3) the opportunity to help others realize dreams, 4 the reward-oriented intentions of crowdfunders,
open democracy initiatives provide an opportunity to be informed better of issues in their community. In this
/challenges/opportunities are Make sure they represent a sam -ple of the type of practice you
Opportunities and challenges What really helped them get their project of the ground and helped
This means thatthere is an opportunity for the European commission to connect the very small networks
and attracting funding opportunities. Even if it is impossible to foresee the precise impact and quantify the multiplier effect of the mapped DSI activities,
adapt to internal and external economic and social challenges, by providing new economic opportunities including higher quality jobs
36. http://ec. europa. eu/research/participants/portal/desktop/en/opportunities/h2020/topics/95-ict-31-2014
37. http://ec. europa. eu/research/participants/portal/desktop/en/opportunities/h2020/topics/2418-issi-5-2014
opportunities, 16 the analyses of how much innovation is understood best as cre -ative reinterpretation, 17 and the work pioneered by Everett Rogers on diffusion
New revenue opportunities Partnerships European ecall initiative Personalisation options Regulation App developers Distracted driving Communications
A world of opportunities  2013 Deloitte Belgium  2013 Deloitte Belgium 14 Car sharing
opportunities † 2013 Deloitte Belgium Our commitment to our clients includes access to our timely,
Emerging Markets, Emerging Opportunities This latest article examines how the nature and structure of automotive strategic partnerships have changed, and
Manufacturing Opportunity This report examines some of the main challenges facing any attempt to cultivate
underexplored, there are extensive opportunities to engage with related bodies of knowledge to develop further understanding of these relationships.
Opportunities and Challenges: A Report on the Research Workshop 'Digital Challenges in Innovation Research'(June 8, 2010
financial resources and job opportunities What business registration reforms has Doing Business recorded in Spain (table 2. 1
By law Defendant has the opportunity to appeal the judgment during a specified period Defendant decides not to appeal.
In this way, the Internet offers unprecedented opportunities for collective intelligence via its in -creasing ubiquity and its massive amounts of data available for collective transformation into knowledge
Participatory democracy strives to create opportunities for all members of a population to make meaning
such opportunities. Since so much information must be gathered for the overall decision-making process to succeed, technology may provide important triggers leading to the type of empowerment needed for partic
and opportunities to develop knowledge, self-sufficiency, and achieve inclusion in decision-making processes. These are some of the main initiatives within the DSI field that are focusing on
These sensors provide the opportunity to implement applications that help citizens to move around in cities.
-ment or corporate forecasters who have the opportunity to access and analyse data. By making data open
the opportunity to enable citizens to hold government to account for what it spends, the contracts it gives
-ware platforms, new services like the Smart Citizen Kit, an Arduino based sensor kit have the opportunity
•Cloud computing as a virtualisation infrastructure that offers unique opportunities to reduce the costs of
problems and new opportunities •Crowdsourcing nonfinancial and financial resources towards a specific cause: while the type of collabo
-eration the barriers and opportunities to grow and scale the DSI ecosystem, and to analyse the following
opportunities etc from other sites •Add a section to the site that shows and visualises funding opportunities for organisations.
N. B. these are likely to come from EC grants and crowdfunding projects such as CHEST
on governments all around the world to act on crises and opportunities anywhere, within as little as 24 hours.
-lar groups on the Internet may benefit from the strategic opportunities offered by e-petitions,
act on crises and opportunities anywhere, within as little as 24 hours, is something that could not have been possible without the Internet.
try to turn problems into opportunities. Doing so has enabled them to exploit Facebook, finding that it is one of the best ways to attract people
Reykjavik platform has provided citizens with the opportunity to see how their input can directly influence policy.
that this is an opportunity to do more than simply upgrade technological products and service offerings, and to instead reflect more deeply upon
Without the opportunities presented by the Internet, the association would not exist. After decades of measures that have reduced drastically
-adigm to provide users with the opportunity of collectively categorising evaluating and filtering the content they browse
developer, and also affords junior or novice developers the opportunity to see how more senior coders write code and communicate
-ate new opportunities for theâ improvement ofâ society and the enrich -ment ofâ community goods and resourcesâ€
have the opportunity to source nonfinancial support from backers that can help make the projects a reality.
has the opportunity to pitch an alternative proposal. With one or more proposals suggested it is now up to members to vote up or down on the
In addition to showcasing opportunities for DIY making, Make also sell DIY kits that can help people easily get started on making, such as an Ar
citizens the opportunity to be co-creators of a set of laws more reflective of their values and concerns
-vides an opportunity for carriers to address the shortcomings of cellular networks even as they deliver a superior experience for mobile data us
in which every person has access to the resources and opportunities they need to thrive.
-preneur and actor who was looking for new opportunities. He wanted to work on something he really believed in.
Tor†s team actively seeks out opportunities to attend conferences facilitate conversations and provide teaching tools on the importance of
opportunities for individuals to express their views, parody politicians celebrate their favourite movie stars, or criticize businesses.
have adapted their business model to offer new opportunities for collab -oration through information-sharing †offering technology customisa
Presenting the public with the opportunity to play a part in scientific research seems an integral part of Zooniverse†s overall success. Take for
In this way, the Internet offers unprecedented opportunities for collective intelligence via its in -creasing ubiquity and its massive amounts of data available for collective transformation into knowledge
Participatory democracy strives to create opportunities for all members of a population to make meaning
such opportunities. Since so much information must be gathered for the overall decision-making process to succeed, technology may provide important triggers leading to the type of empowerment needed for partic
and opportunities to develop knowledge, self-sufficiency, and achieve inclusion in decision-making processes. These are some of the main initiatives within the DSI field that are focusing on
These sensors provide the opportunity to implement applications that help citizens to move around in cities.
-ment or corporate forecasters who have the opportunity to access and analyse data. By making data open
the opportunity to enable citizens to hold government to account for what it spends, the contracts it gives
-ware platforms, new services like the Smart Citizen Kit, an Arduino based sensor kit have the opportunity
•Cloud computing as a virtualisation infrastructure that offers unique opportunities to reduce the costs of
problems and new opportunities •Crowdsourcing nonfinancial and financial resources towards a specific cause: while the type of collabo
-eration the barriers and opportunities to grow and scale the DSI ecosystem, and to analyse the following
opportunities etc from other sites •Add a section to the site that shows and visualises funding opportunities for organisations.
N. B. these are likely to come from EC grants and crowdfunding projects such as CHEST
on governments all around the world to act on crises and opportunities anywhere, within as little as 24 hours.
-lar groups on the Internet may benefit from the strategic opportunities offered by e-petitions,
act on crises and opportunities anywhere, within as little as 24 hours, is something that could not have been possible without the Internet.
try to turn problems into opportunities. Doing so has enabled them to exploit Facebook, finding that it is one of the best ways to attract people
Reykjavik platform has provided citizens with the opportunity to see how their input can directly influence policy.
that this is an opportunity to do more than simply upgrade technological products and service offerings, and to instead reflect more deeply upon
Without the opportunities presented by the Internet, the association would not exist. After decades of measures that have reduced drastically
-adigm to provide users with the opportunity of collectively categorising evaluating and filtering the content they browse
developer, and also affords junior or novice developers the opportunity to see how more senior coders write code and communicate
-ate new opportunities for theâ improvement ofâ society and the enrich -ment ofâ community goods and resourcesâ€
have the opportunity to source nonfinancial support from backers that can help make the projects a reality.
has the opportunity to pitch an alternative proposal. With one or more proposals suggested it is now up to members to vote up or down on the
In addition to showcasing opportunities for DIY making, Make also sell DIY kits that can help people easily get started on making, such as an Ar
citizens the opportunity to be co-creators of a set of laws more reflective of their values and concerns
-vides an opportunity for carriers to address the shortcomings of cellular networks even as they deliver a superior experience for mobile data us
in which every person has access to the resources and opportunities they need to thrive.
-preneur and actor who was looking for new opportunities. He wanted to work on something he really believed in.
Tor†s team actively seeks out opportunities to attend conferences facilitate conversations and provide teaching tools on the importance of
opportunities for individuals to express their views, parody politicians celebrate their favourite movie stars, or criticize businesses.
have adapted their business model to offer new opportunities for collab -oration through information-sharing †offering technology customisa
Presenting the public with the opportunity to play a part in scientific research seems an integral part of Zooniverse†s overall success. Take for
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