3 points made by Michael Porter at Harvard CSV – Corporate Share Value is a concept developed by Michael Porter and his colleagues at Harvard University. CSR is of course – Corporate Social Responsibility. According to Porter CSR is all about: Being responsible. Doing no harm. Redistributing money. It is often essential, but rarely commercial […]

3 points made by Michael Porter at Harvard CSV – Corporate Share Value is a concept developed by Michael Porter and his colleagues at Harvard University. CSR is of course – Corporate Social Responsibility. According to Porter CSR is all about: Being responsible. Doing no harm. Redistributing money. It is often essential, but rarely commercial in its own right – although it may support commercial activities through public relations value. According to Porter CSV is all about: Rethinking capitalism. Exploiting opportunities. Creating value. In essence CSV involves corporations applying capitalism thinking and approached to generating profits, and indeed maximising profits by addressing issues of social consequence, such as: Reducing waste in a way that generated commercial profits. Making healthy food that can sell at a commercial profit. Collaborating with suppliers to generate better returns for all. Again, according to Porter, this can involve: Products that address consumer needs. Alternative approaches…