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"Education is the most powerful weapon which you can use to change the world”
– Nelson Mandela

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Discussion forum 5-business strategy

Discussion forum 5-business strategy

Q The attached article from the January 1, 2016, edition of Fortune is illustrative of the concept of "shared value" discussed in your text. What are your thoughts this and other activities that are linked to corporate social responsibility from a strategic perspective? How does this link in with the stakeholder approach to management?

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The provided article gives a good idea of the overall concept of corporate social responsibility and it tries to explain the learning aspects of the companies. It can be believed that thrive is using a very good strategic approach. The company takes a decision to commit to the farmers on a direct basis and their entire focus is over the quality of the coffee. Starbucks as a company is also doing the same level of work as Thrive which indicates that they are able to think about the farmers and are using strategies that are excellent as social responsibility.