- Title
- Companies creating shared value through their business models
- Creator
- Ncemane, Bonakele
- Subject
- Business planning
- Subject
- Strategic planning Social responsibility of business Capitalism -- Moral and ethical aspects
- Date Issued
- 2019
- Date
- 2019
- Type
- Thesis
- Type
- Masters
- Type
- MBA
- Identifier
- http://hdl.handle.net/10948/42935
- Identifier
- vital:36712
- Description
- The subject of this treatise was the construct “Creating Shared Value”. The purpose was to explore the business models companies use to create shared value. The study was based on the life insurance industry. The study employed a qualitative paradigm and four Cases were content analysed. It was found that business models used by the insurance industry increase quality of life and thereby increasing social value; further these business models increases economic value for business through the reduction of insurance costs . This mutual and simultaneous creation of economic value and social value is the underlying principle of the Shared Value Construct. Secondly it was found that business models used by the life insurance companies selected for the study manifested hybrid business models with features of both inclusive and social business models components. Practical implications – Policy makers should consider providing universal coverage based on the emerging hybrid business model as an alternative to National Health Insurance business model that is aimed at compulsory membership of citizens to a medical aids. These model enhance early detection of disease’s which promotes better health management and prevention, literature review correlated this with better productivity, less insurance claims and general wellbeing of the citizens.
- Format
- xiii, leaves
- Format
- Publisher
- Nelson Mandela University
- Publisher
- Faculty of Business and Economic Sciences
- Language
- English
- Rights
- Nelson Mandela University
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