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Hosted by Chief Purpose Activist, Carolyn Butler-Madden, The For Love & Money Podcast is a show where business and social purpose meet to inspire a movement for positive change – business as a force for good; brands driving profit through purpose. The two essential ingredients we explore through our podcast interviews? Firstly, Love. Love of our home planet; of humanity; people; culture. Love of what you do and why you do it. The love that employees, customers and clients have of a business built on love. Secondly, Money. Yes, profit. We explore how purpose drives profit. Also how being profitable allows purposeful businesses to scale their impact. The objective of the show is all about inspiration. We want to help our listeners to answer the question so many of them have in their minds: How do I build a purpose-led business in a way that is meaningful, profitable and inspires me and everyone in the organisation to use our business as a force for good?
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Thursday Nov 11, 2021
Thursday Nov 11, 2021
Our guest on Episode 6 of the For Love & Money podcast is Shared Value Project CEO, Sarah Downie.
Sarah is an accomplished executive and strategist, with a particular talent for transforming, leading and activating purpose-led organisations.
As CEO for the Shared Value Project Australia and New Zealand (SVP), she builds on 20 years’ experience in the for-profit and not-for-profit sectors to champion a better future for business and society collectively, through shared value. Driven by the belief that corporate assets, resources and innovation can unlock unrivalled social progress – whilst increasing business prosperity and sustainability – Sarah is committed to advancing a new kind of capitalism; fit for the times.
A member of the Shared Value Global Steering Committee, she directs the SVP team to deliver the evidence, tools, education and inspiration required make this urgent shift. Established in 2014, SVP has grown into a thriving and influential network of members including AIA Australia, IAG, NAB, PwC Australia, Nestlé Oceania and Optus.
This episode is a must listen especially for people working in the corporate sector. Here are just some of the topics we get into:
- Sarah’s journey from brand marketing to the non-profit sector to Shared Value and her awakening about the power of business to create scaleable change
- Shared Value’s story – how it started and the meaning behind the name
- Co-founders Michael E. Porter and Mark R Kramer’s vision of Shared Value. We touch on their 2011 HBR article and it’s absolute relevance today 10 years on
- Sarah shares some examples of Shared Value companies to demonstrate how Shared Value creates value for society and drives business success and profitability
- She also shares an example of an initiative coming from a Shared Value approach - HSBC Hong Kong’s “No Fixed Address” product
- We talk about how the pandemic has changed things fundamentally; how Shared Value organisations are approaching business differently with a whole new mindset on “value”
- The opportunity and the need for businesses to become collaborators in change
- “The Purpose Playbook” – Sarah shares Share Valued Project’s new initiative which gets into the ‘how’ of an organisation’s purpose across their strategy and full value chain
- The power of one individual acting and how it can make extraordinary change
Connect with Sarah:
https://www.linkedin.com/in/downiesarah/
Connect with Shared Value Project: https://sharedvalue.org.au
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