Economic policy and social policy
have been largely separate agendas involving different participants.
Many see the two as conflicting agendas because of the flaws in
the capitalist system. However, there is no inherent conflict
between capitalism and social needs. A productive and growing
economy requires rising skill levels, a proliferation of new companies,
safe working conditions, healthy workers who live in decent housing
in safe neighborhoods, and a sense of opportunity. Social and
economic policy must be integrated in addressing society’s
ills and ensuring true progress.
FSG
Social Impact Consultants. Founded in 2000 by Michael Porter
and Mark Kramer, FSG is a
nonprofit consulting firm specializing in strategy, evaluation,
and research. FSG works across sectors in every region of the
globe — partnering with foundations, corporations, nonprofits,
and governments to develop more effective solutions to the
world’s most challenging issues. FSG brings together leaders
that are hungry to exchange information, to elevate learning and
to create collective impact for shared priorities in social
change.
Creating Shared Value by Michael E. Porter and Mark R. Kramer Harvard Business Review January-February 2011
The capitalist system is under siege... A big part of the problem lies with companies themselves, which
remain trapped in an outdated approach to value creation that
has emerged over the past few decades. They continue to view
value creation narrowly, optimizing short-term financial
performance in a bubble while missing the most important
customer needs and ignoring the broader influences that
determine their longer-term success.
How Big Business Can Regain Legitimacy by Michael E. Porter BusinessWeek
May 6, 2010
"Business must find a way to engage positively in society, but this will not
happen as long as it sees its social agenda as separate from its core business
agenda."
Healthy competition can save lives through shared value Kyle Peterson The Guardian Sustainable Business Blog March 20, 2012 Global healthcare companies are adapting to meet the needs of the developing
world while turning a healthy profit
Creating Shared Value: Profiteering and Assisting
(free registration required) SYN Mijoo
Samsung Economic Research Institute
April 2012
Business models that generate corporate social value in
Bottom-of-the-Pyramid economies produce both profits and
goodwill.
