|The year we started it all. The initiative was launched at a special session organised at the Shared Value Summit in New York on May 12, 2015, in the presence of Michael E. Porter and Mark Kramer.
The launch was followed by the Annual Shared Value Summit in India on November 20, 2015, at The Leela, Gurgaon. It was a celebration of ideas around shared value amongst a varied cross-section of practitioners, thought leaders, government leadership and corporate honchos. The summit included interactions, meaningful panel discussions, keynotes from national and international speakers on creating shared value.
The Chief Guest for the event was Shri Suresh Prabhu, Honourable Union Minister of Railways, Government of India, who delivered a keynote relating the role of government and businesses in society. Keynotes were also delivered by Mark R. Kramer, who highlighted the limited role of philanthropy based corporate social responsibility in solving social problems and Pujya Swami Chidanand Saraswati, President & Spiritual Head – Parmarth Niketan urged businesses to adopt values of acceptance and respect for all and linked Corporate Social Responsibility (CSR) to Human Resource Responsibility (HSR). These were followed by two other keynotes by Suresh Narayan, Chairman & MD, Nestle India, who discussed the achievements of Nestle by leveraging the paradigm of creating shared value and Rahul Gangal, Partner, Roland Berger, who delivered the closing keynote that highlighted market opportunities in addressing societal needs and challenges.
Following the keynotes there were several thought – provoking panel discussions on various themes like Creating Shared Value: Profits With Social Benefits, Can shared value save the world from economic, environmental and social collapse, Making financial inclusion a reality through shared value, Redefining value chains in the health & food industry, and The future of shared value in India.
The summit also provided a platform for social entrepreneurs by way of a story telling session. Experiences were shared on the role of technology inclusion in enhancing lives of people and the importance of community participation in serving the most critical needs. Gem of the story telling session was a young student who delivered a powerful story on the importance of community participation in dealing with some of the most important issues plaguing the society.