Shared Value and Human Rights
Resources for teaching Shared Value and Human Rights include:
- Michael E. Porter and Mark R. Kramer, Creating Shared Value – Rethinking Capitalism, Harvard Business Review (Vol. 89, 2011), 62-77.
- Michael E. Porter and Mark R. Kramer, Strategy & Society – The Link Between Competitive Advantage and Corporate Social Responsibility, Harvard Business Review (Vol. 84, 2006), 78–92.
- Nestlé, Nestlé in Society: Creating Shared Value and Meeting our Commitments (2015), available at: http://www.nestle.com/asset-library/documents/library/documents/corporate_social_responsibility/nestle-csv-full-report-2015-en.pdf (PDF)
Commentary – Business
- Sheila Bonini, Lenny Mencoca and Jeremy Oppenheim, When Social Issues Become Strategic, McKinsey Quarterly (Issue 2, 2006), 20-32.
- Arne Kroeger and Christiane Weber, Developing a Conceptual Framework for Comparing Social Value Creation, Academy of Management Review (vol. 39(4), 2014), 513-540.
Kroeger and Weber propose a model that could respond to shared value’s basic assumption that “social value creation” can plausibly be measured and compared. (The model, however, does not refer to Porter and Kramer’s concept.) The model is largely based on “subjective well-being,” which could be discussed in relation to human rights.
The following articles provide a critical assessment of creating shared value from a business ethics viewpoint.
- Mark Aakhus and Michael Bzdak, Revisiting the role of “shared value” in the business-society relationship, Business and Professional Ethics Journal (Vol. 31 (2), 2012), 231-246.
- Thomas Beschorner, Creating Shared Value: The One-Trick Pony Approach, Business Ethics Journal Review (Vol. 1 (17), 2013), 106–112.
- Andrew Crane, Guido Palazzo, Laura J. Spence and Dirk Matten, Contesting the Value of the Shared Value Concept, California Management Review (Vol. 56 (2), 2014), 130-153
- Krzysztof Dembek, Prakash Singh and Vikram Bhakoo, Literature Review of Shared Value: A Theoretical Concept or a Management Buzzword? Journal of Business Ethics (Vol. 137 (2), 2016), 231-267.
Commentary – Policy
- Damiano de Felice, Business and Human Rights Indicators to Measure the Corporate Responsibility to Respect: Challenges and Opportunities, Human Rights Quarterly (vol. 37 (2), 2015, 511-555).
It is unclear to what extent promoting human rights can be considered “social value creation.” Policy discussions about the relationship between shared value and human rights would need to consider ways to measure human rights “performance” as social value creation.” This article provides an overview of the current state of measuring business and human rights indicators.
- World Economic Forum, Insight: Ideas for Change – Michael Porter – Creating Shared Value (2012) (14:09), available at: https://www.youtube.com/watch?v=xuG-1wYHOjY.
Michael Porter is interviewed about creating shared value. This is an instructive video with regard to Porter’s perspective on capitalism (see, e.g., at 4:30: “Capitalism is where all wealth is created … When business makes a profit, magic happens.”). The video can be used as an introduction to the concept of creating shared value.
The website of Michael Porter and Mark Kramer’s consulting firm, with links to publications, research, tools and case studies.
“Sharedvalue.org curates research and insights generated by FSG’s client work, as well as contributions from the wider field.” The website includes case studies and videos.
- Nestlé, Creating Shared Value
[*] This bibliography may be cited as:
Björn Fasterling, “Teaching Resources for Shared Value and Human Rights,” in Teaching Business and Human Rights Handbook (Teaching Business and Human Rights Forum, 2016), https://teachbhr.org/resources/teaching-bhr-handbook/teaching-notes/shared-value-and-human-rights/teaching-resources/.