This is absolutely brilliant. The concept of shared valued is very close to what social entrepreneurs are doing nowadays. It truly is the solution to our unsustainable 'extreme' capitalism; economically, politically and most importantly, socially. I'm glad the leader in business strategy is the one to vouch for this concept. Again, simply brilliant.

I wish the corporate businesses around the world take initiatives to make this "Shared Value" come alive. It will definitely create a good will and consequently result in good faith and loyalty from the society which will morally support the key stake holders to enter into more sustainable ventures in the best interest of the future generations to come. "Creating the Real Wealth through shared Vision". -Prof.Dr.Latha Krishnadas Mazumder-Al Khawarizmi International University-Abu Dhabi UAE

Shared value: without question, one of the most important business ideas of our time. Professor Porter's logical explanation can be taken right to the bank - literally and figuratively. Right on!

was this filmed on cruise ship in a storm?

Thanks for watching and for your comment!

My new Idol!

Superb lecture!

Mike is inspirational. But I wonder if you have to be him to communicate this effectively!!

We would have appreciated to have the latter part of the Q&A

Are the slides available for us to see?

Awareness=self knowing by not telling.Promp idea to solving unknown problem.Most people know by learning and experiencing and apply to solve the problem by logical methology to find answer respectively.Awareness like a wow idea, how did you think that, the answer is I do know how.

Great talk and man; pity about the TERRIBLE videographer

Hello Dear would you please let me know if you have any video of Prof Michael Porter about Value chain analysis? any lecture or any other thing thank you so much

It also makes me wonder whether this "share value" idea is not just a way to capitalise and cash on the developments around social enterprise off late....

NGO's and governments DO create wealth. A lot of wealth. What do you think happens when social agency turns an abandoned kid with learning challenges into a successfully professional? Yes, that is what they do.

Adam Smith was a great analyst of the economy of his time ... but his famous book was published in 1776 and a lot has changed since then. Sadly, a lot of modern thinking has not. Professor Porter argues that the only way that wealth is created is for business to make profit. I argue that all wealth comes from people using resources to create value ... and this may or may not be within a business organization. Shared Value is a worrying development ... probably not good news!

@noyeagyemang

10 ай бұрын

Sounds triggering…

Unbelievable!! Porter´s ability to invent a new name to say nothing new is simply remarkable! That lecture is a great bunch of "common places" emphatically portrayed as a great vision! It nicely picture a great world of shared value where the same old farts will get the biggest chunk of that "value". Moreover, all this new approach seems to happen in "fairy tale" context with no space for conflict. It also fails to acknowledge the literature on cooperatives sector and the solidarity economy

Porter leads us to think only businesses create value. But wealth is not value, it is only money. When a government builds a public transport system, it does not create profit, but it does create value for society. NGOs going after clothing industries to stop using toxic chemicals reduces business wealth, but DO create value for society. Plus, business creating prosperity is NOT scalable if it is done without respecting the natural limits of our ecosystem. This seems neoliberal and self-serving.