Companies that create shared value have capabilities to change entire communities for the better while also helping themselves. Technology company Intel has realized gaps in STEM (science, technology, engineering and math) literacy have lead to lower employability post education. This lack of talent hinders the expansion of business for Intel and other technology firms.

Intel Logo, Digital Image, wallpapercave.com, 2014

In response to this finding, Intel now invests over 100 million each year into programs that fortify STEM curriculum across the United States. They focus their giving into areas where they see lacking in their own personnel. Those who study STEM are often considered the most employable, and the effort that Intel is expending to increase knowledge in these areas is a strong example of shared value. While bettering the education system and helping to make students more competitive in their future careers, Intel is also improving the future of their company.

On his personal blog, Bill Gate wrote about how technology and software itself can improve the education system, particularly the way that students and teachers interact. Some teachers find themselves unable to do their best work because they do not have all of the tools to do so. Technology can help teachers because it allows them to communicate with and learn from others in the same position as them. It also helps inS identifying children who are at the appropriate levels of learning, and which need more help.

Bill Gates at the ASU GSV Summit, Digital Image, ASU GSV Summit, 2016

I think that it is extremely important for children and teenagers to have education that opens doors to them for whatever they want to pursue in the future. STEM are very important and highly employable areas of study, and what tech company Intel is doing to give exposure to these programs is amazing. Technology is something that will always be present in our world, with few limitations to what can be done with it. Bill Gates suggests that incorporating technology into classrooms, making it accessible to students and teachers will improve education. I fully agree with this, and believe that Intel could even further their efforts by providing electronics to classes across the country, helping children gain interest in and learn about technology through experience.

Tech companies are some of the most powerful corporations in our world, and they have the power to do extreme good for society. Intel is an example of a company that is creating shared value by enhancing education surrounding STEM, which is and will continue to grow as of the most important job sectors.

“How Intel Creates Shared Value in Education.” Post RSS. Shared Value Initiative, n.d. Web. 29 Oct. 2016.

Gates , By Bill, and | April 21, 2016. “Opening Minds on Ed Tech.” Home. The Gates Notes LLC, 21 Apr. 2016. Web. 29 Oct. 2016.

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