Opposing Creation of Shared Value (CSV)
Added on 2022-10-19
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Leadership Management
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Opposing Creation of Shared Value (CSV) 1
OPPOSING CREATION OF SHARED VALUE (CSV)
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OPPOSING CREATION OF SHARED VALUE (CSV)
By (Student’s Name)
Professor’s Name
College
Course
Date
Opposing Creation of Shared Value (CSV) 2
OPPOSING CREATION OF SHARED VALUE (CSV)
Creating Shared Value (CSV) purposes at re-inventing capitalism and hence to unleash
growth and innovation wave, from which enterprises and society would both gain/profit (Porter
and Kramer 2019). The overarching issue, however, is whether CSV actually lives up to its
promise and whether Porter and Kramer herald a turnaround in discussing society and business
or whether their idea obviate CSR (Porter and Kramer 2019). It is argued in this paper that
whereas Porter and Kramer appear to be quite progressive about their CSV idea, it sadly ignores
the actual tension between social and economic goals and being premised on a shallow
conception of the role of a corporation in the society as demonstrated in the Globex Shipping
Case study (Crane et al. 2014).
Rather than stressing on the intrinsic dilemmas and the unavoidable trade-offs between
social and economic value creation, CSV is surprisingly a move to whitewash the trade-offs
problems and disregard adversarial influence of corporate activities (Crane et al. 2014). In
emphasizing on a win-win solutions alongside individual projects, CSV facilitates corporations
to concentrate on easy wins, whereas leaving unsettled deeply-rooted social concerns to which
they remain connected (Crane et al. 2014). For instance, creating shared value in Globex
Shipping case, would make the primary holders in this case (ship owners) to continue to benefit
through a win-win easy solutions at the expense of the secondary stakeholders (wildlife affected
like turtles and seabirds, government and even the people at large) (Crane et al. 2014). This is
because the government would still use their money amounting to 1.5M to clean-up when it
should be entirely on the ship owners. This shows that CSV is not living up to its promise as its
implementation is even hard to achieve (Wójcik 2016).
OPPOSING CREATION OF SHARED VALUE (CSV)
Creating Shared Value (CSV) purposes at re-inventing capitalism and hence to unleash
growth and innovation wave, from which enterprises and society would both gain/profit (Porter
and Kramer 2019). The overarching issue, however, is whether CSV actually lives up to its
promise and whether Porter and Kramer herald a turnaround in discussing society and business
or whether their idea obviate CSR (Porter and Kramer 2019). It is argued in this paper that
whereas Porter and Kramer appear to be quite progressive about their CSV idea, it sadly ignores
the actual tension between social and economic goals and being premised on a shallow
conception of the role of a corporation in the society as demonstrated in the Globex Shipping
Case study (Crane et al. 2014).
Rather than stressing on the intrinsic dilemmas and the unavoidable trade-offs between
social and economic value creation, CSV is surprisingly a move to whitewash the trade-offs
problems and disregard adversarial influence of corporate activities (Crane et al. 2014). In
emphasizing on a win-win solutions alongside individual projects, CSV facilitates corporations
to concentrate on easy wins, whereas leaving unsettled deeply-rooted social concerns to which
they remain connected (Crane et al. 2014). For instance, creating shared value in Globex
Shipping case, would make the primary holders in this case (ship owners) to continue to benefit
through a win-win easy solutions at the expense of the secondary stakeholders (wildlife affected
like turtles and seabirds, government and even the people at large) (Crane et al. 2014). This is
because the government would still use their money amounting to 1.5M to clean-up when it
should be entirely on the ship owners. This shows that CSV is not living up to its promise as its
implementation is even hard to achieve (Wójcik 2016).
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