Creating Shared value in Educational Sector

 

To fulfill fundamental educational goal, many developing countries are deprived in financial resource. Therefore, poverty stands as a complex reality for many individuals. The concept of Creating Shared Value (CSV) stimulates the innovative understanding towards the new challenge of poverty. This creates economic values in a way that simultaneously creates value for society. In this connection, Mexico is one of the countries that affected by unequal educational opportunities. In the educational system, Mexico experience difficulty to increase investment both in government and private sector.

This study contributes to the development of Creating Shared Value (CSV) theory. In so doing, this work will investigate by two firms in Mexican Educational Sectors through social impact organizations. Three objective were proposed as; (1) economic impact of the firm, (2) social impact of the firm, (3) educational development and firm strategy.

This helps to answer the main research question: “How can Creating Shared Value contribute to the Educational Sector in a developing country through social impact organizations ?” The motivation of this work was achieved by the mean of multiple holistic case study strategy with no participant organizations (e.g. FINAE and EDUCAFIN ). Semi-structured expert interviews were carried out to collect data. The thesis examines different practices and strategies performed by two organizations and proves the benefits of using Creating Shared Value (CSV). Eventually, it gives an idea that Creating Shared Value is strongly applicable within the educational field in Mexico. Furthermore, the results highlight a remarkable contrast between two organizations due to innovative business strategies and extensive adaptability to the market. Overall, both firm welcome win-win relationship between each one of them and the society. In so doing, both party enjoy numerous advantages, such as; increased revenues in the case of the organizations, and education development in the case of the Mexican community. 

[Key concept: Creating Shared Value, Corporate Social Responsibility, education, social impact organization ]