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Inclusive Business List Part 2 – SVII

[vc_row][vc_column][/vc_column][/vc_row][vc_row][vc_column width=”1/4″][vc_separator color=”sky”]Part 1: INTRODUCTION[vc_separator color=”sky”]Part 2: METHODOLOGY[vc_separator color=”sky”]Part 3: FMCG[vc_separator color=”sky”]Part 4: HEALTH[vc_separator color=”sky”]Part 5: FINANCE[vc_separator color=”sky”]Part 6: TEXTILE[vc_separator color=”sky”]Part 7: HOUSING[vc_separator color=”sky”]Part 8: TELECOMMUNICATIONS[vc_separator color=”sky”]Part 9: DIVERSIFIED MANUFACTURING[vc_separator color=”sky”][/vc_column][vc_column width=”3/4″][vc_single_image image=”2200″ img_size=”medium”][vc_column_text css=”.vc_custom_1455697335339{padding-right: 10px !important;padding-left: 20px !important;}”]

Part 2: Methodology

A well-established assessment approach have been used for identification and recognition of organizations.

The list of enterprises is a unique initiative to identify, assess and recognise the organizations that are creating a measurable socio-economic impact with their business. The idea is to inspire organizations to make organizations move towards the paradigm of Creating Shared Value. Organizations that are working towards tackling social issues, and making a positive difference in the society are considered in this list.

Assessment Approach

The organizations have been mapped on the basis of their past and present activities, and on how well they have adopted the principles of shared value as a part of their business strategy. A well-established assessment approach have been used for identification and recognition of organizations.

  • Identification of companies: Companies advancing social business initiatives via their business activities were identified. Enterprises who will be able to imbibe the spirit of shared value and are actively involved in doing inclusive businesses at the ground level were considered
  • Setting Parameters: Companies have been assessed on the following parameters
    • Social issue and challenge being addressed
    • Coverage of activities creating a positive impact on society
    • Link between social problem being addressed and company’s competitive position and strategy
  • Assessing Companies: The outcomes of assessment based on the aforementioned parameters have been discretely analysed by shared value experts
  • A thorough assessment of companies has been made and companies have been recognized through this list of 21 enterprises.

Through this list of 21 enterprises we are trying to promote the idea that concepts like CSR and corporate philanthropy are important but have a limited impact. Companies need to beyond these concepts and advance their journey towards shared value creation. The list of enterprises illustrates examples of 21 such companies that have overcome challenges of scalability and investments required for being in the Inclusive business list. These enterprises have the potential to be the shared value enterprises of the future.

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© [2016] Shared Value Initiative India & Institute for Competitiveness, India

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