Duncan Peppercorn, Executive Director Social Ventures Australia Consulting practice has been nominated by international colleagues and non-profit practitioners around the world to be appointed to the Shared Value Initiative – Affiliated Practitioner Services Network advisory board. Duncan formally joins the board in October 2013.
The Shared Value Initiative is supported by FSG, the non-profit strategy consulting firm co-founded by Mark Kramer and Professor Michael E. Porter, and a global network of funders. The Shared Value Initiative is a world-wide gathering of best practice organisations whose members provide leading edge expertise to businesses interested in creating meaningful economic and social value – new benefits that exceed the costs for the business and society.
This prestigious appointment reflects Duncan’s experience working with international strategic consultancies McKinsey & Company and Bain & Company, and more than ten years working with corporate, non-profit and government clients to develop a more sustainable social sector in Australia. Duncan leads SVA Consulting and has worked with over 200 social sector organisations.
Duncan commented: ‘Shared Value is an emerging and increasingly relevant concept for Australian companies. At a time where there is high pressure on shareholder returns and business has not yet bounced back to robust trading levels, it’s critically important we remember there are many members of our community being left behind. By creating shared value, business can not only increase its financial returns, but also return something to the community that allows the organisation to operate’.
Creating shared value is not a theory. It’s providing leading companies with opportunities to create new business value by addressing social issues. While shared value is still early in the adoption cycle, the approach has been embraced by many of the world’s most respected companies including Nestle, IHG Hotel Group, Verizon, and Walmart to address social problems at scale as a core part of their corporate strategies.
