Answer Happy

Shared Value and Sustainable Development-Areas of Concern Many private sector organizations have good intentions about shared value and sustainable development. But successful execution of CSV initiatives requires much more than good intentions. This activity is important because managers must be aware of the key challenges that their firms will be up against in their journeys toward shared value and sustainable development. The goal of this activity is to challenge your awareness and understanding of the key challenges and areas of concern related to shared value and sustainable development. Read each example and select the challenge/area of concern related to shared value and sustainable development that it best depicts. 1. Cora would like to invest 5 percent of her firm's profits in a fund that is dedicated to supporting shared value and sustainable development initiatives. However, she ultimately is dissuaded by the pressure her board of directors is putting on her to focus solely on maximizing their short-term gains. (Click to select) 2. Greg is 100 percent committed to implementing initiatives that will generate shared value and sustainable development for his firm. Unfortunately, he doesn't yet know how to funnel his enthusiasm into successful action. (Click to select) 3. Georgia thinks it would make sense for her residential construction firm to try to create shared value in the local housing market. But she hasn't figured out how to match her firm's unique abilities with the right opportunity. (Click to select) 4. Vallory's firm is enthusiastic about working toward SDG # 1 (No Poverty). However, the firm is having trouble understanding why it can't use the phrase CSV to describe the company's philanthropic donations to a local food bank. (Click to select) v 5. Dawson has assembled a team of coworkers ready to devote time and energy toward shared value and sustainable development. They are frustrated that they can't seem to get any of the firm's executives to support their projects. (Click to select) 6. Keir's firm wants to generate shared value, yet every initiative they attempt to enact feels disconnected from their firm's core capabilities and special talents. (Click to select)