The limits of consequential reasoning in shared value creation
Abstract
Purpose
This paper aims to move beyond the limits of creating shared value (CSV) by presenting a norms-driven framework for creating shared value.
Design/methodology/approach
This paper combines insights from organizational studies and philosophy to critique CSV and to articulate an alternative model for integrating the pursuit of profit with social needs and demands.
Findings
CSV poses significant challenges for managers due to the problem of bounded rationality. Rather than merely engaging in a logic of consequence, this paper argues that managers should integrate norms-based reasoning within the cognitive process of strategic management.
Originality/value
This paper critiques an existing framework for creating shared value and proposes a new framework.
Keywords
Citation
Lee, J. (2019), "The limits of consequential reasoning in shared value creation", Competitiveness Review, Vol. 29 No. 1, pp. 26-38. https://doi.org/10.1108/CR-08-2016-0049
Publisher
:Emerald Publishing Limited
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