Arts Ed: An opportunity for arts nonprofits to create shared value?


A new acquaintance recently recommended the Jan-Feb 2011 HBR article, "Creating Shared Value" by Michael E. Porter and Mark R. Kramer. The authors define the concept of shared value as "policies and operating practices that enhance the competitiveness of a company while simultaneously advancing the economic and social conditions in the communities in which it operates." The article, which is compelling, gives several examples of policies and practices that create shared value, including: food companies traditionally focused on taste and … [Read more...]