February 2019
Shared Value Project
A Royal Opportunity

The Banking Royal Commission and subsequent release of yesterday’s report have created the perfect storm for positive change within corporate Australia.  Whilst not diminishing the misconduct that has occurred, it provides an opportunity for companies to pause and reassess their priorities and consider more deeply their purpose with regard to customers and society more broadly.

We believe that shared value as described by Porter and Kramer in the original Creating Shared Value 2011 HBR article is part of the solution to restoring faith in business. Shared value offers organisations the opportunity to put customers back at the core of their strategy and to respond to the increasing expectation for business to address social issues.

We have witnessed in the last five years through the work of our members particularly those in the financial services sector, including NAB, a genuine desire and determination to change the way their businesses have traditionally operated.  Whilst we recognise the need for immediate action, shared value provides a framework for a long term sustainable solution and we will continue to support these companies in taking the longer view.

Larry Fink’s annual letter to CEOs is BlackRock’s most significant to date and continues to challenge business to strengthen the link between profit and purpose, supporting the recommendations of the Banking Royal Commission and the idea of shared value, which focuses companies on the right kind of profits – profits that 'create societal benefits rather than diminish them.'

2019 marks a significant milestone for the Shared Value Project, our fifth anniversary year and against this landscape never has the need for shared value and the opportunities it can generate been more apparent.

Helen Steel
Chief Executive Officer

Have a question about #sharedvalue? Tweet us @SharedValueAust

In this issue
Larry Fink's 2019 Letter to CEOs

How do organisations need to prepare themselves for the largest wealth transfer in history: $24 trillion from baby boomers to millennials? BlackRock CEO Larry Fink takes a shared value view and says strengthening the link between profit and purpose is key to long-term success. 

Read more

National Outlook Breakfast (member only)

Shape your future business strategy by gaining a unique insight into what the future of Australia could look like in this exclusive, member-only briefing session run by Director of CSIRO Futures, James Deverell. 

This is a member-only, complimentary event. Places are limited.

Register your place now

Shared Value Champion: James Thornton

James Thornton, Chair of SVP member, Intrepid Foundation and CEO of Intrepid Group says that creating shared value has made him stronger as a leader and has made Intrepid more resilient and innovative. 

Read more

Podcast: Insuring for shared value

In this episode, Ramana James from IAG talks to Dan Baum from The Redwoods Group about the importance of being a purpose-led organisation in the insurance sector.

Listen now

Build your shared value work experience

We are seeking expressions of interest for a volunteer to assist SVP with social media outreach, communications and research from March - July in the lead up to the 2019 Shared Value Summit Asia Pacific.

If you would like to volunteer with us and build your work experience in shared value, please send a cover letter and your resume to Jan Stewart via jstewart@sharedvalue.org.au

Ready to start your shared value journey?

There is a revolution happening in business. Traditional models are lacking the competitive edge and connection with what consumers really want. This workshop will help you get your head around shifting business trends to find a strategy ahead of the curve.

Tickets are $350.00+gst for non-members and $250.00+gst for members. Members, contact info@sharedvalue.org.au for your special access code. 

Purchase tickets

Shared value in the media

Catch up on highlights from shared value in the media and the global community.

Upcoming 2019 events

21 February 

28 February

27 March

7-8 May

23-24 May

17 June 

18-19 June

National Outlook B'fast Briefing, Melbourne

Introduction to shared value workshop, Melbourne

Cardno Insight Event, Melbourne

Shared Value Leadership Summit, Boston

Africa Shared Value Summit, Nairobi

Introduction to shared value workshop, Sydney

2019 Shared Value Summit Asia Pacific, Sydney

Become a member

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

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

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