WORKSHOP ON CREATING SHARED VALUE IN THE EXTRACTIVE SECTOR COMPETITIVE ADVANTAGE TOOL-KIT: Creating Shared Value in the Extractive Sector
Harvard Business School Professor Michael Porter and FSG have been exploring the potential for extractives companies to improve social outcomes in countries and communities where they operate while simultaneously creating economic value for the company.
This approach, shared value (SV), creates a mechanism for oil and gas and mining and metals companies to fundamentally change the way they engage communities and governments, shifting “social license to operate” from a transactional, reputation-focused set of trade-offs to longer-term relationships that build community prosperity and competitive advantage for the firm. FSG will share findings from the research and including insights into: