Why are companies being accused of following an ‘outdated approach’ of value creation by Porter & Kramer?


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Why are companies being accused of following an ‘outdated approach’ of value creation by Porter & Kramer?


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Undergraduate level writing – International student (5 years in English) Please write a 1-2 page reflection paper from your reading of the article “Creating Shared Value” by Porter and Kramer. The following guiding questions may be considered while writing your reflection: Why are companies being accused of following an ‘outdated approach’ of value creation by Porter & Kramer? How is value creation being currently measured/defined according to the authors? How is Creating Shared Value different from Corporate Social Responsibility approach? Do you necessarily agree with the idea of Creating Shared Value? Do you think that the profitability of the company will be affected by adopting a shared value approach? How can Shared Value approach create differentiation and lower costs? You can think of examples from your own experience/or examples of companies you have read about. * Please note that reading materials have already been shared on Blackboard. Please submit via online text submission of Blackboard. By submitting this paper, you agree: (1) that you are submitting your paper to be used and stored as part of the SafeAssign™ services in accordance with the Blackboard Privacy Policy; (2) that your institution may use your paper in accordance with your institution’s policies; and (3) that your use of SafeAssign will be without recourse against Blackboard Inc. and its affiliates.