Since Canada is doing well in creating shared value and cross-sector collaboration, companies will have more opportunities to become successful and make more profits in Canada. In our lecture, creating shared value means that a successful company shares its experience or some of their information to help others solve big problems. Other start-up businesses can improve their efficiencies and effectiveness by learning from its strengths. For example, I.B.M. is working with almost 2,000 cities in the world to pull data from many city agencies. One of their works is to predict weather conditions and its impact. This behaviour can prevent thousands of people from natural disasters.

The personal business will finally turn to be the social business, because everything the company does will have an influence to the society. Hundreds of well-known companies are now striving to do some contributions to the whole society. I strong agree with the statement what this article mentioned, “It is time for organizations to step up and take the necessary risks associated with adopting shared value.” It is not only the right thing we should do, but also the competitive advantage we will enjoy.

http://www.huffingtonpost.ca/angela-simo-brown/canada-social-programs_b_4145329.html