Creating Shared Value Case Study

Great Essays
Practise in recent years has highlighted that social sustainability is a key to achieve long-term competitiveness and sustainable growth for firms. However, current studies on mainly focused on achieving business values. Social dimensions are given relatively lower priority, analysed separately and treated outside the scope of business strategy (Awale and Rawlinson; 2014). An alternative concept, Creating Shared Value (CSV) concept is considered. It aims to enhance a firm's image by advancing their business and social conditions simultaneously. It is assumed to help firms to better respond to societal, environmental, and market needs as well as business activities.Nestlé has embedded a strategic shift in their Corporate Social Responsibility …show more content…
‘Creating Shared Value encourages businesses to create economic and social value simultaneously by focusing on the social issues they are uniquely capable of addressing’ (Nestlé; 2011). Nestlé CSV is claimed to be successful trough working intensively with small farmers in impoverished areas who were trapped in a cycle of low productivity. It has provided around 600 000 farmers with free technical assistance and partnered with over 100 organizations to improve nutrition, health and the environment.Nestlé has 3 main focus areas which are underpinned by Environmental Sustainability. These are nutrition, water and rural …show more content…
The researcher will not interview kids benefiting from HKP.On data collection the researcher will distribute questionnaires to NAPH executive who are in Harare and Gweru excluding others from other provinces because of distance.
LIMITATIONS
Most CSR and CSV literature as suggested by Balal (2001) is about developed countries. Too little about practises in ex-colonial, smaller and emerging countries have been done. Lack of data will limit the scope of the research analysis and will result in significant obstacles in finding a trend and meaningful relationship about the research. This on the other hand raises an opportunity for future research on CSR and CSV. This limitation will also result in problems on citing prior research studies on literature review which helps in laying a foundation for understanding the research problem under study.
The research will use self-reported data which rarely can be independently verified. In other words the researcher will take what Nestlé Corporate Communications and Public Affairs department (CCPA) and NAPH officials will say in interviews, questionnaires and face value. Self-reported data can contain several potential sources of bias because of selective memory, attribution and

Related Documents

  • Decent Essays

    Milton Friedman is known for his various theories on the American economy and business world. In The Social Responsibility of Business is to Increase its Profits, he states that a business main social responsibility is to “use resources and engage in activities,” contributing to an increase in profit without committing fraud. The next article is by Efreeburg, detailing two companies who are the epitome of good social responsibility. Things such as environmental sustainability, employee and customer satisfaction and single-stream recycling are what make Greyston Bakery and New Belgium Brewing “Best for the World” These perspectives are incompatible.…

    • 345 Words
    • 2 Pages
    Decent Essays
  • Improved Essays

    Many large companies, such as Coco-Cola, have taken initiatives ensure their products are sustainable and not damaging to all customers, and even support charities that further their CSR goals, such as supporting protection of local water sources in the Mediterranean (Sepers). Companies have just as much of a responsibility do their part in the global community, and as humans who work in and support businesses, it is our duty as well to act consciously. As consumers and members of society, we need to take our role as a global citizen seriously. It is not to say that one should completely abandon the characteristics that make up our identity- our culture or ethnicities or political beliefs, but that in addition to this identity, we should be aware of an additional responsibility to our global neighbors. Besides trying to support companies that act responsibly, we also have an obligation to act our concerns as to what will affect to our planet as a whole, and to fight for values that affect our neighbors in Europe, Asia, and Africa just as they affect the local inter-cities of our country.…

    • 1005 Words
    • 5 Pages
    Improved Essays
  • Improved Essays

    The Whole Foods position on the Carroll’s global corporate social responsibility pyramid will be the Philanthropic Responsibility as being a good global corporate citizen and want the desires by the global stakeholders. This tier is a potential agreement in the company values to give profits to not for profits standards. Even, the human and social capital must incorporate a strong relationship of concern, expectation and accommodating efforts. Mackey stated that in thinking human nature is zero sum if one is winning and everyone else is losing. (Kreitner & Kinicki, 30) This will cause an unbalance and shift in the company which it need to transform a social justice to where everyone gets an equal share of the company’s profit.…

    • 242 Words
    • 1 Pages
    Improved Essays
  • Improved Essays

    In this assignment paper I will address Chipotle’s code of conduct which play’s vital part in operating a successful company. Their end is to be socially reasonable and inspire the company’s activities toward the positive influence of consumers and employees. Code of Conduct is the preliminary segment of the Principle Statement of Chipotle. This includes the Anti-Discrimination, Harassment and Sexual Policy for the consequence of not adhering to their standards of operation guidelines. Chipotle’s obligation investment involves molding to create shared value (CSV), which is fixed on the affiliation of corporate accomplishment and social involvement.…

    • 736 Words
    • 3 Pages
    Improved Essays
  • Superior Essays

    Brewing Social Responsibility Corporate social responsibility is essential to all corporations and how they are viewed by the public. Along with corporate social responsibility, sustainability is also very important to a corporation’s success. New Belgium Brewing has taken sustainability and corporate social responsibility into consideration in their everyday business practices. The corporate culture of New Belgium Brewing will be detailed explaining how they handle environmental issues that may arise, and why they have taken such a strong stance. Also, New Belgium Brewing has competitive advantages over other brewing companies due to their strong corporate culture.…

    • 1464 Words
    • 6 Pages
    Superior Essays
  • Improved Essays

    Hond (2014) argues that a firm’s active role in corporate social responsibility initiatives is political and seeks to secure favourable political conditions for the firm’s benefit. Weinzimmer & Esken, 2016 on the other hand, highlight that when companies get involved in societal issues, it can positively influence the firm’s financial performance. In addition, a firm’s active role on social issues may enhance the credibility and economic performance of a firm’s CSR strategy and commitment. Reputation, which is related to competitive advantage, is another reason why firms take an active role in social issues (Hond, 2014). McDonnell (2015) supports this reason and gives Nike as an example.…

    • 1418 Words
    • 6 Pages
    Improved Essays
  • Improved Essays

    Case 1 – Nestle - The Infant Formula Controversy Lydia Fontanez MGMT-539 Dr. Kay Green January 13, 2018 Case 1 – Nestle the Infant Formula Controversy Summary: This case study presents a problem the company Nestle encountered in 1974 where a British journalists wrote and published a report suggesting that the infant powder milk formula had contributed to the dead and malnutrition of infants from third world countries. The charges focused on the marketing of the product, which supposedly lead to the misuse of the product, discourage breast feeding, and the misuse of the product. According to the article “the report accused the industry of encouraging mothers to give up breast feeding and use powdered milk formulas” were the misuse of the product contributed to unhealthy results and causing the death and malnutrition of infants.…

    • 1319 Words
    • 6 Pages
    Improved Essays
  • Great Essays

    Introduction and Background Organisations’ management strategies and practices affecting environmental, ethical, social and global aspects have evolved significantly and the responsibilities of an organisation to society are those that arise in the concept of Corporate Social Responsibilities (CSR). CSR can be defined as “the responsibility of an organisation for the impacts of its decisions and activities on society and the environment, through transparent and ethical behaviour (ACCSR, 2016). Though CSR is not compulsory, it is expected and issuing regular CSR reports detailing social and environmental performance is considered best practice (Carroll 2004, 116). HSBC was established in 1865 and its named derived from founding member, The Hong Kong and Shanghai Banking Corporation Limited. HSBC is one of the largest Banking and Financial Institutions in the world, operating in 71 countries across the globe and crossing multiple jurisdictions (HSBC Group 2016).…

    • 1463 Words
    • 6 Pages
    Great Essays
  • Great Essays

    However, Sainsbury’s marketing initiatives shows capability to recover financially by proving success with their non-financial KPIs working along with CSR that contributes to the management and sustainability of their financial KPIs. The commitment to remain affordable remains in restoring faith in pricing strategies, such as brand matching guarantees, giving consumers the confidence that their pricing is fair if nor fairer than their competitors to capture those keen on making good savings. Its marketing strategy is therefore more focused on growing its market share but also with focus on ensuring that the customers, colleges and shareholders support gained are retained. Overall, with these KPIs present Sainsbury’s fulfils the needs of stakeholders at an economic, political and social level accounting to being a sustainable business by seeing growth for the future in the long-term and this is what all stakeholders, variably shareholders and investors wants. Whilst CSR focuses on moving a business away from economic concerns and raises issues of environmental and social concerns it verifies Sainsbury’s had positive combined benefits highlighting increased environmental and social legislation and increasing consumer sanctions for unethical behaviour such as using…

    • 1650 Words
    • 7 Pages
    Great Essays
  • Great Essays

    The public’s increasing concern for social issues, such as sustainability, has resulted in the adoption of corporate social responsibility (CSR) strategies by companies worldwide. CSR has become an integral part of today’s business environment. Despite the growing trend towards the implementation of CSR, the United States seems to be lagging behind other countries, such as the United Kingdom and those in the European Union, in the depth and impact of their CSR commitments and actions. This gap may be attributed to the different political, social, and economic cultures present in the institutional frameworks of other nations.…

    • 1417 Words
    • 6 Pages
    Great Essays
  • Great Essays

    INTRODUCTION Corporate Social Responsibility is a hard-edged business decision. Not because it is a nice thing to do or because people are forcing us to do it because it is good for our business – Niall Fitzerald, Former CEO, Unilever. The current century is impacted by unpredictable challenges and opportunities, arising due to globalization. So it is recognized the world over business integrating their social, environmental and ethical responsibilities into the governance by the way of strategically formulating the CSR activities for ensuring their long term success, competitiveness and sustainability.…

    • 1756 Words
    • 8 Pages
    Great Essays
  • Improved Essays

    TASK # 1: Nestle is one of the leading brand in Pakistan. There are many stakeholders of nestle corporation, the people or group of people to be affected by its regular operations directly or indirectly knowns as stakeholders. Those people or group affected directly is called internal stakeholders and those who are indirectly affected are external stakeholders. Its internal stakeholder involves its employee, managers, and the owners of company or shareholders. And its external stakeholders involve the society, government and regulation, non-governmental organization, its customers, suppliers etc.…

    • 918 Words
    • 4 Pages
    Improved Essays
  • Great Essays

    1. Setting the scene: social purpose as business driver During the last decades the social purpose of business has gained a prominent role in profit and accumulation strategies worldwide. Corporations invest more money and human resources in the development of social strategies as a key element for economic success. Between 2004 and 2013 the corporate social responsibility investments of the 261 world leading companies increased from US$7,6 billion to US$25 billion, roughly a growth of 328% (CECP, 2005 and 2014). Such a sum not only is important in terms of its size, which is above the annual GDP of at least 82 developing countries but also, and probably more significant, such increase occurred during and after the 2008 financial and economic crisis.…

    • 1365 Words
    • 6 Pages
    Great Essays
  • Improved Essays

    According to The Nestlé Management and Leadership Principles 2011, Nestlé want to put their main attention on permanent business expansion rather than the temporary. However, they will never forget the importance of constantly giving excellent outcome to the…

    • 913 Words
    • 4 Pages
    Improved Essays
  • Improved Essays

    Nestle can be really successful because it follows the strategic management processes or management functions step by step. Not only the company can produce the brilliant products,…

    • 920 Words
    • 4 Pages
    Improved Essays