Shared value is a competitive strategy that simultaneously creates value for business and society. With societal deficits, (housing, childcare, transport etc) and environmental impacts creating business costs and employee strain, organisations are having to take the steering wheel. Leadership is being redefined to span beyond the boundaries of the organisation and into societal issues.
Increasingly, businesses are being viewed through the lens of reporting and governance across crucial factors including human rights, diversity and inclusion, equity, health & safety, and wellbeing. And that consistency must also be reflected by the business with which you work.
In this episode of Ibec WorkTalks, Vicky O'Neill, Ibec's HR Strategy Specialist, and Barbara O’Malley, Chief People Officer (Irish Life Group), discuss the concept of shared value and the social capital dynamics that are impacting workplaces today.
Listeners can gain insights into how HR can leverage these principles to enhance the employee experience, and positively impact business outcomes.
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