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Creating Social Value - A Guide for Leaders and Change Makers (Hardcover)
Loot Price: R3,282
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Creating Social Value - A Guide for Leaders and Change Makers (Hardcover)
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There is a new business landscape, where companies are increasingly
being judged on their ability to generate _social value_. But there
is no off-the-shelf solution for the leaders and change makers in
this new domain. Creating social value is a journey, and each
company must chart its own path through uncertain and complex
terrain. We invite you to discover how the entrepreneurial leaders
profiled in this book have become trailblazers, using strategy and
innovation to generate profits and social value
simultaneously.Creating Social Value provides insights into the
motivations and preoccupations of groundbreaking entrepreneurial
leaders as they look to activate change not just within their
companies, but also in their sectors, value chains and even through
co-creating partnerships with their competitors. Such change
requires fundamentally new styles of leadership and business design
where companies seek to be generative rather than extractive.This
book also bears witness to the emergence of new language to
describe these innovative concepts. Working with and sharing ideas
with social entrepreneurs and entrepreneurs inside, the authors
became aware of the building blocks of a new lexicon with the power
to inspire and positively influence the culture of an organization.
Many of the leaders included in this book have driven change by
harnessing the power of language to reroute their company's
direction.For example, The Campbell Soup Company has created
_destination goals_ to describe the long-term vision of the company
to nourish its customers, employees and neighbours. Roshan has
worked on _nation building_, creating physical infrastructure in
Afghanistan, a country decimated by war. UPS has worked to
understand its impact on the planet, building a _materiality
matrix_ of the issues that matter to its stakeholders, while
working to create a culture that fosters social innovation and
seeks to understand _constructive dissatisfaction_. Ford is
redefining its mission, imagining a different future in which it
provides _mobility solutions_, rather than only manufacturing cars.
Ford is working with Toyota to co-create technologies to combat
climate change.This book sets out a manifesto for Social Value
Creation, which is defined as a strategy that combines a unique set
of corporate assets (including innovation capacities, marketing
skills, managerial acumen, employee engagement, scale) in
collaboration with the assets of other sectors and firms to
co-create breakthrough solutions to complex economic, social and
environmental issues that impact the sustainability of both
business and society. Social innovation differs from corporate
responsibility in two significant ways: it is strategic and it
leverages a wide range of corporate assets and core
competencies.Creating Social Value has been designed as a manual
for change. It will be essential reading for business students,
entrepreneurs and all of those wishing to effect positive,
generative change in larger organizations.
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