(Community Matters) Interview on Creating Shared Value (not values) with Kyle Peterson, managing director of FSG (Harvard Prof Michael Porter and Mark Kramer, co-founders)
Shared Value is the policy and practices that accompany and that are employed to bring about competitive advantage while addressing a social problem. Three forms:
The first form is reconceiving products and markets.
Second is redefining productivity in the value chain.
The third form is what we call ‘enabling local clusters’.