New tools help Australian business solve social issues

Australia’s first higher education program for shared value was among a series of tools and resources launched today at the 2017 Shared Value Forum (#SVF17) to help Australian business tackle social issues while creating sustainable profits.

University of NSW Associate Professor Leanne Piggott, from the Centre for Social Impact, told the forum that the new MBA course on shared value would begin in August 2017. It’s only the second shared value education program in the world, following the Harvard program previously launched by Mark Kramer.

The course will draw on another new tool announced at the forum, SV GO, a step-by-step guide to help companies develop shared value solutions. The booklet includes a framework for identifying components of a shared value initiative including the business and social outcomes, alongside ten potential shared value projects developed as part of last year’s forum.

The framework was developed by the Shared Value Project, IAG and Republic of Everyone based on the idea of a project on the page.

The forum, organised by the Shared Value Project in partnership with NAB, IAG and the Department of Foreign Affairs and Trade, and media partner AFR BOSS, continues to highlight the maturing nature of shared value in Australia with senior leaders from business, government and community organisations sharing key insights into their growing shared value programs.