Free Samples
COMM5710 Creating Shared Value
.cms-body-content table{width:100%!important;} #subhidecontent{ position: relative;
overflow-x: auto;
width: 100%;}
COMM5710 Creating Shared Value
0 Download2 Pages / 324 Words
Course Code: COMM5710
University: University Of New South Wales
MyAssignmentHelp.com is not sponsored or endorsed by this college or university
Country: Australia
Question:
Write a learning journal. This should be prepared in two parts prior to the session as a summary or reflection on preparation for the session, and then a short post session piece, to reflect on the cognition, skills and affective dimensions of the learning experience and paradigmatic transformations that may take place during each session/workshop.
Topic:
Shared Value Creation and Innovation
Part-1: Analysis Shared Value Creation and InnovationPart-2: Reflection
Answer:
The idea of shared value was coined by Michael Porter and Mark Kramer in 2011. According to the HBR article, the term shared value refers to the policies and practices that can increase the competitive nature of the company and at the same time causes advancement of the social and economic condition of the populations in which the company is operating (Pfitzer, Bockstette & Stamp, 2013). Shared values also detects the external weak points that can harm the company internally. A company can create a shared value by reimagining the markets and the products, reexamining the productivity and activating local supply chain for their product(Ragas & Culp, 2014). Innovation is a key area of a business organization. The concept of the innovation refers to the introduction of new concepts, ideas, methods in a business and that can create a new products or services. Innovation starts with various ideas and thereafter they are sorted during a brainstorming session (Afuah, 2014).
After shared value creation and innovation session, I found that, company mainly focused on the currently available product in the market and they wanted to reduce the production cost of the product by using new technologies and innovative ideas. Another main key discussion that I observed during the session that, company wanted to use the natural resources of the area and discussed about the involvement of the local community. To develop a business in a particular area it is very much important to use the local man- power in the business activity so that they can be more efficient and as a result the sustainability and product quality of the company will increase.
References
Afuah, A. (2014). Business model innovation: concepts, analysis, and cases. Routledge.
Pfitzer, M., Bockstette, V., & Stamp, M. (2013). Innovating for shared value. Harvard Business Review, 91(9), 100-107.
Ragas, M., & Culp, E. (2014). Business essentials for strategic communicators: Creating shared value for the organization and its stakeholders. Springer.
Free Membership to World’s Largest Sample Bank
To View this & another 50000+ free samples. Please put
your valid email id.
Yes, alert me for offers and important updates
Submit
Download Sample Now
Earn back the money you have spent on the downloaded sample by uploading a unique assignment/study material/research material you have. After we assess the authenticity of the uploaded content, you will get 100% money back in your wallet within 7 days.
UploadUnique Document
DocumentUnder Evaluation
Get Moneyinto Your Wallet
Total 2 pages
PAY 1 USD TO DOWNLOAD
*The content must not be available online or in our existing Database to qualify as
unique.
Cite This Work
To export a reference to this article please select a referencing stye below:
APA
MLA
Harvard
OSCOLA
Vancouver
My Assignment Help. (2021). Creating Shared Value. Retrieved from https://myassignmenthelp.com/free-samples/comm5710-creating-shared-value/social-and-economic-condition.html.
“Creating Shared Value.” My Assignment Help, 2021, https://myassignmenthelp.com/free-samples/comm5710-creating-shared-value/social-and-economic-condition.html.
My Assignment Help (2021) Creating Shared Value [Online]. Available from: https://myassignmenthelp.com/free-samples/comm5710-creating-shared-value/social-and-economic-condition.html[Accessed 18 December 2021].
My Assignment Help. ‘Creating Shared Value’ (My Assignment Help, 2021)
My Assignment Help. Creating Shared Value [Internet]. My Assignment Help. 2021 [cited 18 December 2021]. Available from: https://myassignmenthelp.com/free-samples/comm5710-creating-shared-value/social-and-economic-condition.html.
×
.close{position: absolute;right: 5px;z-index: 999;opacity: 1;color: #ff8b00;}
×
Thank you for your interest
The respective sample has been mail to your register email id
×
CONGRATS!
$20 Credited
successfully in your wallet.
* $5 to be used on order value more than $50. Valid for
only 1
month.
Account created successfully!
We have sent login details on your registered email.
User:
Password:
We have MLA Citation machine, APA Citation Machine, Harvard Referencing Generator, Chicago Referencing Generator etc to get proper references for all your papers. Done with drafting your papers. Generate all the references according to the format prescribed in the standard guidelines with out tools. Often papers get rejected owing to unintentional plagiarism arising from faulty referencing or simply non-referencing. Why to compromise the grades when you have drafted everything to precision? Get references and secure your grades.
Latest Management Samples
div#loaddata .card img {max-width: 100%;
}
MPM755 Building Success In Commerce
Download :
0 | Pages :
9
Course Code: MPM755
University: Deakin University
MyAssignmentHelp.com is not sponsored or endorsed by this college or university
Country: Australia
Answers:
Introduction
The process of developing a successful business entity requires a multidimensional analysis of several factors that relate to the internal and external environment in commerce. The areas covered in this current unit are essential in transforming the business perspective regarding the key commerce factors such as ethics, technology, culture, entrepreneurship, leadership, culture, and globalization (Nzelibe, 1996; Barza, 2…
Read
More
SNM660 Evidence Based Practice
Download :
0 | Pages :
8
Course Code: SNM660
University: The University Of Sheffield
MyAssignmentHelp.com is not sponsored or endorsed by this college or university
Country: United Kingdom
Answers:
Critical reflection on the objective, design, methodology and outcome of the research undertaken Assessment-I
Smoking and tobacco addiction is one of the few among the most basic general restorative issues, particularly to developed nations such as the UK. It has been represented that among all risk segments smoking is the fourth driving purpose behind infections and other several ailments like asthma, breathing and problems in the l…
Read
More
Tags:
Australia Maidstone Management Business management with marketing University of New South Wales Masters in Business Administration
BSBHRM513 Manage Workforce Planning
Download :
0 | Pages :
20
Course Code: BSBHRM513
University: Tafe NSW
MyAssignmentHelp.com is not sponsored or endorsed by this college or university
Country: Australia
Answer:
Task 1
1.0 Data on staff turnover and demographics
That includes the staffing information of JKL industries for the fiscal year of 2014-15, it can be said that the company is having problems related to employee turnover. For the role of Senior Manager in Sydney, the organization needs 4 managers; however, one manager is exiting. It will make one empty position which might hurt the decision making process. On the other hand, In Brisba…
Read
More
MKT2031 Issues In Small Business And Entrepreneurship
Download :
0 | Pages :
5
Course Code: MKT2031
University: University Of Northampton
MyAssignmentHelp.com is not sponsored or endorsed by this college or university
Country: United Kingdom
Answer:
Entrepreneurial ventures
Entrepreneurship is the capacity and willingness to develop, manage, and put in order operations of any business venture with an intention to make profits despite the risks that may be involved in such venture. Small and large businesses have a vital role to play in the overall performance of the economy. It is, therefore, necessary to consider the difference between entrepreneurial ventures, individual, and c…
Read
More
Tags:
Turkey Istanbul Management University of Employee Masters in Business Administration
MN506 System Management
Download :
0 | Pages :
7
Course Code: MN506
University: Melbourne Institute Of Technology
MyAssignmentHelp.com is not sponsored or endorsed by this college or university
Country: Australia
Answer:
Introduction
An operating system (OS) is defined as a system software that is installed in the systems for the management of the hardware along with the other software resources. Every computer system and mobile device requires an operating system for functioning and execution of operations. There is a great use of mobile devices such as tablets and Smartphones that has increased. One of the widely used and implemented operating syste…
Read
More
Tags:
Australia Cheltenham Computer Science Litigation and Dispute Management University of New South Wales Information Technology
Next