An ad hoc committee will be appointed to plan a 2-day public workshop to explore the concept of shared value for global health and safety stakeholders in both the public and private sectors; roles, responsibilities, incentives, and opportunities for different stakeholders engaging in global health and safety initiatives in low- and middle-income countries (LMICs); and the potential of partnerships and collaboration for improved outcomes for all stakeholders, including the communities they serve. The workshop will feature invited presentations and discussions to examine the following:
• Shared value is a business concept defined as “policies and operating practices that enhance the competitiveness of a company while simultaneously advancing the economic and social conditions in the communities in which it operates.” How are global health and safety stakeholders across the private and public sectors defining and creating shared value for themselves and others? In addition to shared value, what other value propositions are there for companies and other stakeholders to address and improve health and safety conditions in low- and middle-income countries?
• Partnerships and collaboration can be mechanisms to leverage the resources of different sectors and/or competitors to maximize both economic and societal value. Through partnerships, how can sectors create and enhance shared value for themselves, each other, and the communities they serve?
• Shared value initiatives provide an opportunity to address the unmet health and safety needs and wants of communities in low-resource settings while also expanding economic opportunity. However, to do so effectively, the community’s needs and wants must be identified and the benefits of the initiatives realized. What can be learned from initiatives that have shown success or failure in meeting the needs and wants of communities and creating value for the implementing companies and other stakeholders?
• Not all identified health and safety needs and wants of communities provide a shared value opportunity for companies. What is the responsibility of companies and other global health and safety stakeholders to address unmet needs and wants that do not provide shared value opportunity? Are there opportunities to apply the principles of value creation that underpin shared value initiatives to improve the efficiency and effectiveness of initiatives that are not based on shared value opportunity?
• The local environment in which health and safety initiatives are implemented affects the efficiency and effectiveness of the initiative and the potential for shared value creation. What incentives and opportunities are there for companies and other stakeholders to engage in strengthening capacity and addressing broader determinants of health within the local environment? Are there lessons learned from previous and ongoing efforts to strengthen capacity and/or address determinants of health that have provided or improved shared value opportunity?
• The Sustainable Development Goals (SDGs) will guide priorities and decision making in global health and safety for the next fifteen years. What incentives and opportunities are there for companies and other global health and safety stakeholders to align their shared value and other initiatives with advancing the SDGs?
The committee will develop the workshop agenda, select and invite speakers and discussants, and moderate the discussions. Experts will be drawn from the public and private sectors as well as academic institutions to allow for multi-lateral, evidence-based discussions. A summary of the presentations and discussions at the workshop will be prepared by a designated rapporteur in accordance with institutional guidelines.