March 2021
Shared Value Project
 
Tackling accentuated inequality

When you consider what we know now, it's kind of crazy to think the pandemic was once contemplated as a 'great equaliser'. "The virus doesn't discriminate," the editorials read. 

Needless to say, this idea was short-lived. As whilst it's true that none of us are immune to the pandemic's contagion or its effects, it quicky became clear that it's a great deal more complex than this. For certain groups - such as women, youths, and part-time/casual workers - these effects are deeper, and will be more prolonged. 

This divide also exists on a global scale, where access to vaccines will differ across lower income and more advanced economies; particularly if reserves are placed on essential medical supplies and foreign aid is neglected. In such ways, COVID-19 continues to highlight and accentuate the vulnerabilities that arise from inequality.

This edition, we are grateful to include a range of expert contributions on this important issue (and others). Good Shepherd CEO Stella Avramopoulos summarises recent research on the impact of COVID-19 on vulnerable Australians - revealing the emergence of the "new vulnerable". Shared value expert Lil Barac-Macey picks up on this report and links it to the recent findings of the Royal Commission into Victoria’s Mental Health System to explore a shared value response. And Edelman CEO Michelle Hutton shares the key insights from this year's Trust Barometer, including Australia's continuing "trust inequality gap" (she'll explain).  

All this in a nod to the presistent theme of equality, particularly gender equality right now - with International Women's Day last week and 'March 4 Justice' rallies across Australia on Monday. These marches were a great success in raising a megaphone to this urgent issue, but the hard part is yet to come: ensuring this moment in time translates into lasting change. 

More news - and information on our recently-launched Shared Value Masterclasses (with upcoming sessions on shared value theory and innovation later this month) - below. You'll also find an exciting opportunity to join our team as Summit Manager - Event & Logsitcs; please share and/or get in touch. 

Sarah Downie 

CEO, Shared Value Project 

Have a question about #sharedvalue? Tweet us @SharedValueAust

In this issue
Report reveals the 'new vulnerable'

Good Shepherd's CEO Stella Avramopoulos curates the main takeouts of its new report: Understanding the impacts of COVID-19 on Vulnerable Australians, which reveals a 'new vulnerable' chort - for whom the impacts of the pandemic are all but over.

Read here

In conversation with... Edelman CEO Michelle Hutton | A pulse check on trust

We sat down with Michelle to unearth the key findings from this year's Trust Barometer, with a focus on business - and it's largely good news. However, it was interesting to discover a persistent 'trust inequality gap' in Australia... read on for Michelle's insight and advice. 

Full Q&A here

Upcoming Shared Value Masterclasses

Following an oversubscribed introductory session last week, we've scheduled another for 25 March - free for members and $125 for non-members.

This workshop will arm you with the foundations of shared value theory, and precedes the more practical, advanced workshops in the Masterclass Series; beginning with a session on innovation.

This innovation workshop; led by SVP, alongside Associate Partner Layusa Isa-Odidi and Partner & Asia Director Gaurav Gupta of Dalberg Advisors, will explore how shared value can drive new and existing innovation to deliver joint socio-economic results.

More info and registration links for the Masterclass Series below:

         Facilitated by SVP 

         Facilitated by SVP and global strategic advisory firm Dalberg Advisors​

         Facilitated by SVP and for-purpose strategy organisation TDi

​         Facilitated by SVP and shared value expert Hugh Foley

Register for the series

For more information on these sessions or upcoming dates, please contact Poppy Cluett at pcluett@sharedvalue.org.au.

Responding to vulnerability - Expert view

Leveraging Good Shepherd's recent report, shared value expert Lil Barac-Macey explores how business can help to deliver on the recommendations of the Royal Commission into Victoria’s Mental Health System through a more preventative shared value approach.

Read here

Join our team | 2021 Summit Manager

Be part of the region's foremost purpose-led business event - the 2021 Shared Value Summit Asia Pacific as Summit Manager - Event & Logistics (contract).

This year, we mark the 10th anniversary of the movement, at this important time to embrace shared value as a critical part of our socio-economic recovery. If you or someone you know is a dynamic events professional, with technical and logistics expertise, see below. 

Apply now

What we're reading

Catch up on relevant global news stories and reports here

Is now the time for a universal basic income? Probono Australia, 9 March

Victoria’s Mental Health Royal Commission promises to transform “failed system”, Croakey, 2 March 

Getting your culture right - by design, written for SVP Hong Kong, March

What’s really behind corporate promises on climate change? The New York Times, 24 February 

Building back better requires more women in international trade, The Globe and Mail, 18 February 

ESG investing is a positive trend. But it needs a better scoring system, Fortune, 17 February  

What the future holds for world trade, according to 8 global leaders, World Economic Forum, 16 February 

How we measure stakeholder capitalism will determine our recovery, World Economic Forum, 5 February 

Upcoming Events

23 March

24 March

25 March

30 March

4 May

20-21 April

13 July

7 Purpose Statement Mistakes and How to Fix Them

Optus Future Makers Pitch Event 

Workshop | Delivering on Purpose, Profitably

Workshop | Sparking Shared Value Innovation

Workshop | Partnering for Collective Impact

UN & Australia Sustainable Partnerships Forum

Workshop | Measuring Shared Value

Become a member

As a member of the Shared Value Project, organisations have the opportunity to be part of the community shaping the future of shared value in Australia & New Zealand.

For information about becoming a member, please contact info@sharedvalue.org.au

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Shared Value Project

Shared Value Project

PO Box 16217, Collins Street West, Melbourne VIC 8007
+61 3 9013 7500
www.sharedvalue.org.au
info@sharedvalue.org.au

Regional Partner of: Shared Value Initiative
Leading development of shared value in Australia