05 Apr '11, 12pm

What’s “New” About Creating Shared Value?

What’s “New” About Creating Shared Value?

Second, Porter and Kramer cite the need for companies to pay greater attention to developing local clusters – geographic concentrations of suppliers, partners, universities, etc. – as such clusters foster greater efficiency and collaboration. What I take away is that companies need to rethink their value chains, which have become spread out over ever-greater distances, and more compartmentalized. The current model has certainly delivered cost efficiencies, yet a more local and diverse model may prove more economical over time due to volatile energy prices, climactic events, political risk, etc. Recent events in Japan and the Middle East offer a preview of what may become the norm going forward.

Full article: http://www.sustainability.com/blog/what-s-new-about-creat...

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IBM Reveals How Innovation Drives Sustainability Through Business:

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