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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Main Author: Zhao, Meng
Other Authors: Nanyang Business School
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Language:English
Published: 2020
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Online Access:https://hdl.handle.net/10356/143479
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Institution: Nanyang Technological University
Language: English
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spelling sg-ntu-dr.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
institution Nanyang Technological University
building NTU Library
continent Asia
country Singapore
Singapore
content_provider NTU Library
collection DR-NTU
language English
topic Business::General
Emerging Markets
spellingShingle Business::General
Emerging Markets
Zhao, Meng
Capabilities for creating shared value : optimizing social-business balance in Southeast and South Asian countries​​
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).​
author2 Nanyang Business School
author_facet Nanyang Business School
Zhao, Meng
format Newsletter
author Zhao, Meng
author_sort Zhao, Meng
title 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_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_sort capabilities for creating shared value : optimizing social-business balance in southeast and south asian countries​​
publishDate 2020
url https://hdl.handle.net/10356/143479
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