Creating shared value

Creating shared value is like sharing a pizza with your friends. You know that everyone likes different toppings, so you choose a pizza that has toppings that everyone likes. That way, everyone is happy and benefits from sharing the pizza.

In the same way, businesses can create shared value by finding ways to make products and services that benefit both themselves and the community around them. For example, a company that makes shoes could create shared value by setting up a program to donate shoes to people in need. This would benefit both the company, by making them look good and possibly attracting more customers, and the community, by giving people access to shoes who might not be able to afford them otherwise.

Creating shared value is a win-win situation where both the business and the community can benefit. By working together and finding ways to help each other, we can make the world a better place for everyone.