SharedValueInitiativeIndia

http://sharedvalue.in

SharedValueInitiativeIndia

SharedValueInitiativeIndia istheregionalpartneroftheSharedValueInitiative

InstituteforCompetitiveness,India• Anindependent, internationalinitiativecentredinIndia,dedicatedtoenlarginganddisseminating thebodyofresearchandknowledgeoncompetitionandstrategy,pioneeredoverthelast25yearsbyProfessorM.E.PorteroftheInstituteforStrategyandCompetitiveness,HarvardBusiness School (ISC,HBS),USA

• Conducts andsupports indigenous research,offersacademicandexecutivecourses, andprovides advisoryservices tothecorporateset-upsandthegovernments

• Studies competitionanditsimplications forcompanystrategy;thecompetitiveness ofnations, regions&cities

SharedValueInitiative(SVI)• Aglobalcommunity ofleaderswhofindbusiness

opportunities insocietalchallenges.• TheInitiativewasannounced asaCommitmenttoActionfor

theClintonGlobalInitiativeAnnualMeetingin2012.• Connects practitionersinsearchofthemosteffectiveways

toimplementsharedvalueusing thesharedvalueframeworkpioneeredbyProfessorMichaelPorterandMr.MarkKramer

• Enablesaplatformforthecompanies, civil societyorganizations,andgovernmentstoredefinecapitalismbyleveragingthepowerofmarket-basedcompetitioninaddressing socialproblems.

ObjectiveTobringtherealization,understanding,adoptionandimplementationofthebestpracticesforcreatingsharedvalueamongtheorganizations operating inIndia,therebyacceleratingtheeconomicandsocialprogresstowards amoreequitableandsustainableIndia.

SharedValueInitiativeIndia

• Anon-profitundertakingthataimstoinfluencethechangeinfocusandapproachoftheorganizations&institutions inIndiatowardsresponsiblebusiness practices

• Theinitiativeintendstobeanon-partisan,non-governmentalorganizationandisnot intendedtobealobbyinggroup

• Embracesshifttowardsalegitimatewayofmakingprofitsbycreatingawarenessamongcompanies,civilsociety,andgovernmentorganizationstoleveragethepowerofmarketbasedcompetitioninaddressingsocialproblems

• CommunityofcorporateCXOs,government,media,investors,academiccommunitiesandcivilsocietyleaderscommittedtotheredefinitionofcapitalismtowardsfindingbusinessopportunities insocietalchallengestherebyleadingtofutureprosperityofallIndians

SustainableGrowth

Serve

Survive

Activities&Engagements

Workshops&Programs

Summits&Events

SharedValueIndex

SharedValueEnterprise

SharedValueProfessionalCertification

• OrganizingSummitandEventstobringtogetherbusiness thinkersandleadersacrossindustriestoputforwardtheadoptionofthesharedvalueconcept

• Organizingprograms&workshops onsharedvalue.

• Theawardrecognizescompaniescontributing tothesocietybyincorporatingsharedvalueinitiativesintheirbusiness models.ThebestonesgetawardedviaPorterPrizeforcreatingsharedvalue

• Endorsing companieswhocreate alargescaleimpactonsocietythroughsharedvalueenterprise

• Professionals &firms fromacrosstheworldthataretrainedtoprovidesharedvalueconsultingservices tocorporations, governmentsandcivilsociety organizationsthroughsharedvalueprofessionalcertification

• Sharedvalueindexwillmeasurefinancialperformanceofcompanies relativetothesocialprogresscreatedbytheiractivities

PorterPrizeonCSV

• SharedValueInitiativeIndiarecognizestheorganisationsthatareusingsharedvalueactivitiesintheirbusinessmodelsandbringingapositivechangeinsociety

• OrganizationsareawardedPorterPrizeonCreatingSharedValue

• WinnersofPorterPrizeonCSVfortheyear2015• JSWGroup• JainIrrigation

• Previousyearwinners• HindustanUnileverLimited(2014)• RallisIndiaLimited(2013)• GodrejGroup(2013)• MotherDairy(2012)• ICICILombard(2012)

PorterPrizeonCSV

• SharedValueEnterprise(SVE) recognizecompaniesthatarecreatingeconomicandsocialimpactthroughaprofitablebusinessmodel

• Anendorsementforcompaniesthatwillhighlighttheircorporatecredibilityincreatingapositiveimpactonsociety

• Asharedvalueenterprisewouldbelooked uponaschangemakerthatmanycompanieswilllookupto.

• Theendorsementwillbringtoforethatacompanyisactingasaforceforgoodinsociety

• TheenterpriseswillbecelebratedattheyearlySharedValueSummitinIndia

• Companieswillbeaccessedacrossthefollowingparameters

Business Inputs

Social Outputs

Social Outcomes

Business Value

Created

• BusinessInputs–Timedevoted,Investments• SocialOutput– No.ofpeoplereached• SocialOutcomes– Increaseineconomicstabilityof• BusinessValueCreated– Revenuegenerated

throughactivities,increaseinmarketshare.

SharedValueEnterprise

Howwillwedoit?

Defining Shared Value for a

organizationIdentification of

Parameters Designing

Questionnaires Assessing

Questionnaires Recognizing

Organization

Stage1• Identificationofcompaniescreatingapositiveimpactonthesociety

Stage2•Eligiblecompanieswill beassessedacrossvariousparameters

Stage3•AssessmentofcompaniesdonebysharedvalueexpertsatSVII

Stage4•Basedontheoutcomeofassessment,acompanywouldberecognizedasaSharedValueEnterprise

• Awellestablishedapproachwillbeusedforrecognitionofenterprisesasasharedvalueenterprise

• Thereisadetailedprocessofassessment,anditbeginsoncethecompanyappliestobecomeasharedvalueenterprise.Theprocesswillhavevariousstages

SVE- Methodology

SharedValueProfessionalCourse

• A consortiumofprofessionals&independent consultingfirmsaroundtheworldwillbetrainedtoprovidesharedvalueconsultingservicestocorporations,governmentsandcivilsocietyorganizations.

• Professionalsfromcompanieswouldbeselected,trained&certifiedinsharedvaluebySharedValueInitiativeIndia&SharedValueInitiative

• Thetrainingprogramcomprisesofmodulesonsharedvalueacrossindustriesandgeographies,theclientlandscape,identificationofsharedvalueopportunities, initiativedesign,sharedvaluemeasurement,andenterprise-levelcomponentsofsharedvaluestrategy.

• AimistoadvancetheadoptionandimplementationofsharedvaluestrategybyIndiancompanies• SharedValueProfessionalCoursewillbecomeanessentialknowledgetoolforprofessionalsandfirmsinIndiatocreateand

implementsharedvaluestrategies• Thekeyfocusareasofthecoursewillbe:

• Fundamentalsofsharedvalue• Waystocreatesharedvalue• DevelopingandImplementingasuccessfulsharedvaluestrategy• Measuringthereturnoninvestments• Measuringthepositiveoutcomes

SharedValueProfessionalCertification

SharedValueIndex• SharedValueIndexwillmeasurethesharedvalueperformanceofcompanies

• Evaluatecompaniesonparametersthatreflectsthecreationofsharedvalue.Eachcompanylistedontheindexwillbeassessedbasedontheparametersrepresentingtheirsharedvalueapproaches

• Theindexwillconsistofcompanieswhohavebeenmakingapositivechangeinsocietyandmeasuretheirperformance

• Companiesonthe indexwillbeevaluatedonyearlybasisandthosewhofailtoshowconsistentprogressmayberemoved.

• Theideaisthatcompanieslistedwilloutperformthe index

Step1IdentificationofParameters

Step2DataCollection

Step3Measuringthe

Index

Step4AnalysingtheIndex

AssessmentProcessforSVIndex

• RevenueAttributed• GeographicalCoverage• SocialImpact• EnvironmentalImpact

AssessmentParameters

SharedValueIndex

PartnersDay

• SharedValueInitiativeIndiaorganizedPartnersDayon19November2015foritsdistinguishedmembersandeminentadvisorsontheboard

• Topexecutivesfrommembercompanies– Abbott,SealedAir,ReachScale,MotherDairy,etal.participatedforthepartnersday

• BusinessthinkersandleaderslikeJustinBakule,ExecutiveDirector– SharedValueInitiative,RishiAgarwal,Director–ConsultingTeamatFSG,DavidWilcox,Founder– ReachScale,ShellyBatra,Founder– OperationAsha,Jasraj Virdi,AssociateDirector- CorporateCitizenshipatAbbott IndiaLimitedamongotherswerepresentontheday

• Thekeylearningoutcomesforthedaywere–• Tangiblemodelsofmeasurementarerequiredtomakesharedvalueadoptionawidespreadphenomenon• Therearedifferentwaystocreatesharedvalueacrossindustries• PartnershipwithgovernmentandrightkindofNGOsplayacrucialroleineffectiveimplementationofsharedvaluestrategies• Sharedvalueisaboutsocialandeconomicobjectives goingintandemtowardsnation’s inclusive development• Technology&innovations areessentialindevelopment ofnon-exploitative business models thatcreateapositive impactonsociety

TheSharedValueSummitistheannualeventforsharedvaluepractitionersandleaderswhoarelookingatmakingadifferencetotheworldthroughpositivecapitalisticbusinessmodels.Theeventconvenestheforemostthinkersfromthefieldofsharedvaluetodiscuss,deliberateandformulateactionstrategies.

• Thesummitbroughttoforethe importanceofsharedvalueinIndiathroughextensivepaneldiscussions andkeynotes

• MarkR.Kramerdeliveredtheinauguralkeynotethrowingreflectiononthesharedvalueconceptanddifferentwaystocreatesharedvalue

• Thechiefguest,ShriSureshPrabhu,HonourableUnionMinisterofRailways,GovernmentofIndia,deliveredakeynoterelatingtheroleofgovernmentandroleofbusinesses insociety

• Pujya SwamiChidanand Saraswati blessedthesummitthatwasfollowedbythekeynotefromSadhvi Bhagwati Saraswatiwholinkedspirituality&sharedvalue

• Theeventsawthepresenceofeminentbusiness leadersandthinkers likeNaina Lal Kidwai ofHSBC,SureshNarayanofNestle,Geetu Verma ofHUL,Siraj AChaudhryofCargillIndia,Himanshu JainofSealedAir,JustinBakule ofSharedValueInitiative,Sumantra Sen ofJSWFoundation,RichieAhujaofEnvironmentalDefenseFund,ShellyBatra ofOperationAsha,SusanBeverlyofAbbott etal.

SharedValueSummit2015

SharedValueSummit2015

• SVIIwillbelaunchingtworeportsintheupcomingweeks• ListofEnterprisescreatingaimpactonsociety• StateofSharedValueinIndia

• ThereportslistthebusinessesthathavecreatingapositiveimpactonsocietyanddiscussesthestateofsharedvalueinIndiarespectively

• Thelaunchofreportswasannounced attheSharedValueSummit2015

• Listofbusinesses creatingapositiveimpactonsociety illustrates21organizationsthatarechangingthewaybusinesseslooksatsocietyandareaddressingsomeofthemostpressingchallengesofthecountry.ThelisthasbeendoneincollaborationwithTheHinduBusinessLine

• ThereportonthestateofsharedvalueinIndiadiscussestheconceptofsharedvalueanddifferentwayinwhichitcanbecreated

• Thereporthighlightsexamplesofbusinesses inIndiathathavefoundeconomicsuccessbyaddressingneedsofsociety

ReportsbySVII

SharedValueInitiativeIndiawww.sharedvalue.in

email:info@sharedvalue.in