Shared Value Enterprise®

Shared Value Initiative Indiahttp://sharedvalue.in

INSTITUTE FOR COMPETITIVENESS

U24/8, DLF PHASE 3, GURGAON. HARYANA, INDIA

Organization &

Philosophy

Shared Value Initiative India (SVII)

Shared Value India Initiative was setup by Institute for Competitiveness, India in a regional partnership with the Shared Value Initiative (SVI) division of FSG Inc., USA. It was launched at a special session organised at the Shared Value Summit in New York on May 12, 2015, in the presence of Michael E. Porter and Mark Kramer.

SVII connects the business and community leaders towards defining the practice of shared value in India. This initiative is committed towards bringing forward the realization, understanding, adoption and implementation of the best practices for creating shared value among the companies, civil society and government organizations in India, thereby accelerating the economic and social progress towards a more equitable and sustainable world.

Launching the Shared Value Enterprise®

• Transformation is happening around with enterprises realizing the significance of socio-economic business models as a way going forward.

• Holistic perspective - What, Why, How, & Where

• The whole idea of SVE is to identify, assess and recognize those enterprises that are creating a measurable social and/or environmental impact using a for-profit business model.

• Involves a multi-step detailed and objective process for getting insights into the shared value strategy of the enterprise. Two broad lenses for evaluation:

Analyzing the management strategy and overall performance of the enterprise

Evaluating the shared value orientation across the three key principles – reconceiving products/markets, reconfiguring the value chain and enabling local cluster development

Evaluation Framework

How can you participate?

Online Application

Telephonic Discussion

(Scope)

Shared Value

Narrative & Launch Plan

Survey & Deep-down Discussion

Analysis & Findings

•Initiate the process by completing brief online application form

• Discuss and Agree on the scope of assessment• Schedule and Cost of the project

• Get the narrative on shared value initiatives• Finalize the launch date of SVE questionnaire and slots for discussion with top management

• Launch the questionnaire• Complete the discussions with top management

• Data Analysis, Findings and declare Shared Value Enterprise Status• Timelines: Within 10 weeks of online submission

Q1. •Do you want to find out where you stand on shared value journey?

Q2. •Do you want to create an action plan for the shared value strategy way forward?

Q3. •Do the employees in your enterprise understand the key aspects of shared value business model?

Q4. •Do you want to go ahead with new Shared Value ideas?

Q5. •Do you want to be a part of global networking platform?

Assessment Scope – Multi-

tier

Shared Value Enterprise®

Certification and Feedback Report

Do you want to find out where you stand on shared value journey?

Certified as Shared Value Enterprise

•Assessment and Decision on award of ‘Shared Value Enterprise ‘• Become a part of Shared Value Enterprise List• Recognition at Annual Shared Value Summit during November of each year

SVE® Feedback Report

•Overall Analysis and feedback on the performance of the enterprise on key dimensions. Enables an understanding of your Shared Value Business Model

Benchmarking Report

•Insights into the comparative business model of industry peers

Do you want to create an action plan for the shared value strategy way forward?

Leadership Presentation

• Presentation to the company leadership providing a clear view of the analysis and findings from the shared value assessment activity

Workshop for Actions and Next Steps

One day workshop with the leadership team and key members to• Mutually discuss the assessment outcomes • Prioritize the action areas• Draw the action plan and roadmap with expected time-lines

Shared Value Report

Annual release by an enterprise beyond sustainability reporting to showcase their narratives and numbers around its shared value business model, metrics, socio-economic and environmental outcomes.

Shared Value Enterprise®

Leadership Updates and Action Plan

Do the employees in your enterprise understand the key aspects of shared value business model?

Top Management Workshop

One day workshop with the top management team on principles and application of shared value. Harvard case studies will be used for scenario building, analysis and learnings

Cascading Down Workshop

Two day workshop with the middle management team and key employees for doing a detailed culture based exercise to incorporate the shared value belief and orientation among the middle management employees

Shared Value Enterprise®

Cascading Workshops for Shared Value Orientation

Do you want to go ahead with new Shared Value ideas?

New Business Ideas and Implementation

Deep-down engagement with the enterprise to identify new shared value ideas, which fit the competencies of the enterprise and design the best-fit market based business models

Shared Value Enterprise®

Consulting for the future

Do you want to be a part of global networking platform?

Annual Inclusive Business Platform

• Involves celebrating the fifty enterprises from India having successful shared value business model• Forum for knowledge generation and dissemination across multiple channels – media, online, print

Shared Value Enterprise®

Becoming a part of Shared Value Ecosystem

Member / Partner

• Part of global shared value network and access to global thinkers• Ecosystem for collaboration, networking and learning

About the Partners

Institute for Competitiveness, India is the Indian knot in the global network of the Institute for Strategy and Competitiveness at Harvard Business School. Institute for Competitiveness, India is an international initiative centred in India, dedicated to enlarging and purposeful disseminating of the body of research and knowledge on competition and strategy, as pioneered over the last 25 years by Professor Michael Porter of the Institute for Strategy and Competitiveness at Harvard Business School. Institute for Competitiveness, India conducts and supports indigenous research, offers academic and executive courses, and provides advisory services to the Corporate and the Governments. The institute studies competition and its implications for company strategy; the competitiveness of nations, regions & cities and thus generate guidelines for businesses and those in governance; and suggests and provides solutions for socio-economic problems.

InCircle is a an independent consultants’ collaborative focused on enhancing the impact of international development. It focuses on boutique collaborative research, innovation advisory and impact consulting. InCircle raison d'être is - Independence alone matters. Interdisciplinary alone is. Impact alone sustains. At present, it is advising IAP HealthPhone, IAP-Immunize India projects in setting up government-industry linkages and evolving a new matrix for public-private collaborations for addressing malnutrition. InCircle is working on multiple initiatives such as Sustainable Transport Initiative in the Himalayan states and Infinite Ideas Lab (Making Sharing Value Happen) with Institute for Competitiveness India.

Contact UsWe invite you to support/participate the Inclusive Business Platform 2016.

We look forward to conversing with you regarding any questions you have.

OFFICE ADDRESS

U24/8, DLF PHASE 3, GURGAON, HARYANA

CONTACT

+91 124 4376676

THANK YOUYou can get in touch with us

amit.kapoor@sharedvalue.in

monish.incircle@gmail.com

sandeep.goyal@sharedvalue.in

for any queries.

What is Shared Value?

Defining Shared ValueThe concept of shared value is defined as policies and practices that enhance the competitiveness of a company while simultaneously advancing the economic and social conditions in the communities where it operates. Shared value creation focuses on identifying and expanding the connectivity between triple bottom line benefits – social, economic and environmental.

Shared Value Principles

What is NOT Shared Value?

Shared Value Neither

Corporate Social Responsibility Nor

Philanthropy

• Expanding the pie• Integrated with the core of business• Scalability Potential

• Redistribution of wealth / Payback• Voluntary & Non-Core• Scalability limitation

CSR and Philanthropy Shared Value

Business &

Social Results

Level of Shared Value

Business Results Social Results Examples

Reconceiving productand markets

• Revenue• Market Share• Profitability• Market Expansion

•Patient care•Carbon footprint•Nutrition•Education etc. •5A’s

Redefining productivityin the value chain

•Productivity• Logistical andoperating costs•Supply chain•Quality•Profitability

• Energy use• Water use• Raw materials•Improved job skills• Employee incomes etc.• Local engagement & embeddedness

Enabling cluster development

•Cost efficiency•Secured supply•Distribution N/W•Infrastructure• Skilling & workforce•Profitability

• Education• Job creation• Health•Income etc.• Local engagement & embeddedness