http://forumblog.org/2012/01/creating-shared-value/

Reporting shared values became a new trend, but what is shared value? I used to equal shared value to social value, which is wrong. Shared value is actually a commitment to a long-term and equal partnership. However, why reporting shared value become a trend?

The relationship between shareholders and companies, companies and employees, companies and suppliers can be concluded with one word – partnership. For make the partnership firmer, companies start to report the shared value.

Most important reason, as the blog mentioned, is that shared value drive share value. As shared value is a commitment to all the people related to this company, reporting shared value can increase transparency of the company. A report of shared value will include the strategy of a company, the shared value it create, and the resource it need to create these shared values. This report let employees know what they are working for, how meaningful their works are. To the shareholders, this report shows that how their money used. These reports increase their trust to the company. The whole company aim to a same target, which can make the company more competitive and make the aim more achievable. I think that is the meaning of “shared value drive share value”

Shared value cannot be creates just by a company. I think that it is a teamwork, only we work together, that we can achieve the goal.