I believe that even if it might take a while longer companies will eventually understand that shared value pays and embrace it one way or another. This is great because the challenge now as Porter explains is for shared value to evolve from an idea into a movement, and to do so you need many more companies on board.
Executives must rise above narrow sectoral and short-term interests, and work with governments to create a new framework of incentives and sanctions, rewarding investment in people and planet.
"Severe income disparity" is one of the most significant global risks identified by the World Economic Forum in 2014. But delegates spend $40,000+ to attend the Forum -- and there is the incessant buzz of helicopters ferrying delegates to Davos at $10,000 a trip. What's wrong with this picture?