Exploring Shared Value in Global Health and Safety Workshop Summary (2016) / Chapter Skim
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1 Introduction
1 Introduction
Pages 1-6
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Elaborating on the current environment in which companies operate, Colatrella noted that many companies have long and robust histories of contributing to their communities as well as to more global societal needs, but this has been done primarily and historically through philanthropy and more traditional corporate social responsibility. These mechanisms, which are not part of the core business, are still meaningful and useful, and Colatrella believes they do play and will continue to play an important role in how companies contribute to society.
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The text uses case studies, which include measures of impact, to illustrate these dimensions, but they are ancillary to the main purpose of the workshop. The workshop and the resulting report serve to illuminate the evolution of private sector in engagement in global health since the Porter and Kramer's 2011 article "Creating Shared Value," and explore its current and potential impacts on global health stakeholders and the field broadly (see Box 1-1)
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During the 2-day workshop, participants considered potential opportunities for creating shared value for all organizations, specifically the creation and impact of shared value through an organization's core products and services, through employee health and wellness programs, and through community or population health investments. Organizations that are creating true shared value are using their core capabilities and competitive advantages to address a wider range of social challenges.
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hared value is a business concept defined as "policies and operating S practices that enhance the competitiveness of a company while simulta neously advancing the economic and social conditions in the communi ties in which it operates." How are global health and safety stakeholders across the private and public sectors defining and creating shared value for themselves and others? In addition to shared value, what other value propositions are there for companies and other stakeholders to address and improve health and safety conditions in low- and middle-income countries?
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The PPP Forum workshops are an opportunity to share lessons learned and promising approaches, and to discuss how to improve future efforts in areas of global health and safety promotion that have been prioritized by Forum members. Held on December 3–4, 2015, Exploring Shared Value in Global Health and Safety was the fourth public workshop of the PPP Forum and it reflects the growing impact of shared value creation on the work and activities of the PPP Forum members and, more broadly, the global health community.
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The summary report is complemented by a background paper on shared value in global health that was prepared in advance of the workshop and is included as Appendix A The workshop agenda and biographical sketches of workshop speakers are included as Appendixes B and C, respectively.
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