What Is Corporate Purpose? No, Let Me Rephrase That. What Is a Corporate Purpose Worth Having?
By: Dane Smith | Managing Director at FSG | June 3rd, 2019
Everyone is talking about purpose these days. Customers and employees are asking about it. Millennials are particularly insistent about seeing evidence of purpose. At FSG, we’re encouraged that companies are thinking and talking about purpose. We have been working with companies to strengthen their CSR and shared value strategies for 20 years, and we have seen how powerful purpose can be when a company leads with it, as Danone, Discovery Health, Patagonia, and Enel have done.
Leading with Purpose to Support Shared Value Performance
By: Georgina Eckert | Program Manager at Shared Value Initiative | March 14th, 2019
These days, companies frequently talk about purpose as a way to engage society. Business leaders leverage a compelling purpose statement—a company’s fundamental reason for being—for a range of reasons, from recruiting and retaining top talent, to securing customer loyalty, to gradually engaging investors, partners and other stakeholders.
By: Bobbi Silten | Managing Director at Shared Value Initiative | November 6th, 2018
I’ve found that whenever I start a new job, the first 100 days go by quickly and it was no different stepping into the role as the leader of the Shared Value Initiative. I spent my first few months getting immersed in all things shared value, meeting with SVI members and collaborators, and talking with practitioners and thought leaders in the field to understand our challenges and opportunities. In all these encounters there was a common thread: the belief in shared value is strong.
How Insurance Companies are Preparing for the Future through Shared Value
By: Nina Jais | Associate Director at FSG | September 11th, 2018
This is an exciting time of innovation and impact for the insurance industry. As we’ve discussed in our research, insurance is the ultimate shared value industry, where social impact is integral to economic success. Reducing accidents, improving health, and helping organizations better prepare for economic risks both improve the profitability of insurers and enable better outcomes for the lives of millions of people.
By: Bobbi Silten | Managing Director at Shared Value Initiative | August 20th, 2018
These days there seems to be an ever-growing list of global challenges facing governments, civil society, businesses and citizens of the planet. From cybersecurity threats to income inequality to extreme weather to homelessness to food and water insecurity, the range of problems is broad, and the issues, in many cases, are deep.
Guided by FSG and a global network of funders, the Shared Value Initiative was created in 2012 to drive the adoption and implementation of shared value strategies by organizations around the world. Learn more about FSG's contribution to shared value here.