{"id":2337,"date":"2020-04-27T12:32:11","date_gmt":"2020-04-27T12:32:11","guid":{"rendered":"http:\/\/www.ceo-worldwide.com\/blog\/?p=2337"},"modified":"2024-05-13T06:20:59","modified_gmt":"2024-05-13T06:20:59","slug":"is-coronavirus-pandemic-the-game-changer-that-will-put-social-impact-back-at-the-heart-of-value-creation","status":"publish","type":"post","link":"https:\/\/www.ceo-worldwide.com\/blog\/is-coronavirus-pandemic-the-game-changer-that-will-put-social-impact-back-at-the-heart-of-value-creation\/","title":{"rendered":"Is coronavirus pandemic the game changer that will put social impact back at the heart of value creation?"},"content":{"rendered":"<div id=\"bsf_rt_marker\"><\/div>\n<div style=\"height:30px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p class=\"wp-block-paragraph\">It will have taken an unprecedented pandemic to realize the damaging effects of several decades of strategies which were certainly profitable in the short term, but which created multiple dependencies, ultimately destroying value in the long term. We can measure today the impact of localizing 80% of the world\u2019s production of masks in one province in China, a country in which 70% of smartphones\u2019 production is also located. We are rediscovering today the full meaning of the word value, which comes from the Latin valor, value, derived from valere, to be worth, to have value, to have virtue.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In 2018, by measuring the human capital of each country and comparing it to the one it had in 1990, with an indicator that combines the skills, experiences and knowledge of a population with its state of health, a study(*) concluded that there is a correlation between investment in education and health, and better GDP growth.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Beyond public policies at the level of a country, looking at corporations, the effects of the pursuit of profit at all costs have been measured more than once in the 21st century, from the Enron scandal in 2000, to more recently the most serious crisis Boeing has ever gone through in 104 years of history with the crash of the Ethiopian Airlines Boeing 737 MAX. The choices of investments of companies as well as those of States contribute or not to the common good, and to sustainable value creation. There will undoubtedly be a &#8220;before&#8221; and an &#8220;after&#8221; coronavirus, which will push States as well as businesses to question their long term strategy and their wider purpose.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-css-opacity\"\/>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"alignleft size-large\"><img data-recalc-dims=\"1\" decoding=\"async\" width=\"186\" height=\"200\" data-attachment-id=\"2484\" data-permalink=\"https:\/\/www.ceo-worldwide.com\/blog\/is-coronavirus-pandemic-the-game-changer-that-will-put-social-impact-back-at-the-heart-of-value-creation\/78777-2\/#main\" data-orig-file=\"https:\/\/i0.wp.com\/www.ceo-worldwide.com\/blog\/wp-content\/uploads\/2020\/05\/78777.jpg?fit=186%2C200&amp;ssl=1\" data-orig-size=\"186,200\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"78777\" data-image-description=\"\" data-image-caption=\"\" data-large-file=\"https:\/\/i0.wp.com\/www.ceo-worldwide.com\/blog\/wp-content\/uploads\/2020\/05\/78777.jpg?fit=186%2C200&amp;ssl=1\" data-src=\"https:\/\/i0.wp.com\/www.ceo-worldwide.com\/blog\/wp-content\/uploads\/2020\/05\/78777.jpg?resize=186%2C200&#038;ssl=1\" alt=\"\" class=\"wp-image-2484 lazyload\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 186px; --smush-placeholder-aspect-ratio: 186\/200;\" \/><\/figure>\n<\/div>\n\n\n<p class=\"wp-block-paragraph\"><span style=\"text-decoration: underline;\"><strong>About the Author: Nandini COLIN<\/strong><\/span>                                                                                                                                                <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Senior Advisor, thought leader, change maker.                                                                                                            Click to <a href=\"https:\/\/www.female-executive-search.com\/meet-our-women-leaders\/short-bio\/?cntc_id=78777\" target=\"_blank\" rel=\"noopener\">view Nandini&#8217;s short bio<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>It will have taken an unprecedented pandemic to realize the damaging effects of several decades of strategies which were certainly profitable in the short term, but which created multiple dependencies, ultimately destroying value in the long term. We can measure today the impact of localizing 80% of the world\u2019s production of masks in one province &#8230; <a title=\"Is coronavirus pandemic the game changer that will put social impact back at the heart of value creation?\" class=\"read-more\" href=\"https:\/\/www.ceo-worldwide.com\/blog\/is-coronavirus-pandemic-the-game-changer-that-will-put-social-impact-back-at-the-heart-of-value-creation\/\" aria-label=\"Read more about Is coronavirus pandemic the game changer that will put social impact back at the heart of value creation?\">Read more<\/a><\/p>\n","protected":false},"author":7,"featured_media":2602,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_post_was_ever_published":false},"categories":[26,30],"tags":[260,124],"ppma_author":[648],"class_list":["post-2337","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-hr","category-international-management","tag-change-management","tag-strategy"],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/www.ceo-worldwide.com\/blog\/wp-content\/uploads\/2020\/04\/stockvault-the-office185339-sm.jpg?fit=1200%2C800&ssl=1","jetpack_shortlink":"https:\/\/wp.me\/p7XjMV-BH","jetpack-related-posts":[{"id":7449,"url":"https:\/\/www.ceo-worldwide.com\/blog\/driving-international-growth-and-strategic-evolution-at-dafa\/","url_meta":{"origin":2337,"position":0},"title":"Driving International Growth and Strategic Evolution at DAFA","author":"Bo Ankerfelt","date":"","format":false,"excerpt":"Role:\u00a0 Group CEO\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Tenure: 2014 \u2013 2018 \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Industry:\u00a0 Foam & Rubber Sealing Solutions \/ Industrial & Construction (Denmark \/ Europe \/ Asia \/ USA)\u00a0 THE MANDATE DAFA, a Danish family-owned company with roots dating back to 1939, was a market leader in foam and rubber sealing solutions and at\u2026","rel":"","context":"In &quot;Case Studies&quot;","block_context":{"text":"Case Studies","link":"https:\/\/www.ceo-worldwide.com\/blog\/category\/case-studies\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.ceo-worldwide.com\/blog\/wp-content\/uploads\/2026\/04\/pexels-photo-35602949.jpg?fit=264%2C264&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":4472,"url":"https:\/\/www.ceo-worldwide.com\/blog\/10-benefits-of-non-executive-directors-drivers-of-corporate-strategy\/","url_meta":{"origin":2337,"position":1},"title":"10 Benefits of Non-Executive Directors: Drivers of Corporate Strategy","author":"CEO Worldwide","date":"","format":false,"excerpt":"The role of non-executive directors (NEDs) in corporate governance goes beyond providing independent oversight and ensuring regulatory compliance. NEDs can also actively contribute to driving corporate strategy, bringing valuable experience, expertise, and fresh perspectives to the boardroom. Let's explore the 10 benefits of NEDs as drivers of corporate strategy, highlighting\u2026","rel":"","context":"In &quot;Non Executive Directors&quot;","block_context":{"text":"Non Executive Directors","link":"https:\/\/www.ceo-worldwide.com\/blog\/category\/executive-search\/non-executive-directors\/"},"img":{"alt_text":"woman filling job application form in office with boss","src":"https:\/\/i0.wp.com\/www.ceo-worldwide.com\/blog\/wp-content\/uploads\/2023\/07\/pexels-photo-5668858.jpeg?fit=1200%2C800&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.ceo-worldwide.com\/blog\/wp-content\/uploads\/2023\/07\/pexels-photo-5668858.jpeg?fit=1200%2C800&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.ceo-worldwide.com\/blog\/wp-content\/uploads\/2023\/07\/pexels-photo-5668858.jpeg?fit=1200%2C800&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.ceo-worldwide.com\/blog\/wp-content\/uploads\/2023\/07\/pexels-photo-5668858.jpeg?fit=1200%2C800&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/www.ceo-worldwide.com\/blog\/wp-content\/uploads\/2023\/07\/pexels-photo-5668858.jpeg?fit=1200%2C800&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":7457,"url":"https:\/\/www.ceo-worldwide.com\/blog\/strategic-turnaround-operational-transformation-at-elogic\/","url_meta":{"origin":2337,"position":2},"title":"Strategic Turnaround &amp; Operational Transformation at Elogic","author":"Bo Ankerfelt","date":"","format":false,"excerpt":"Role:CEO & Majority OwnerTenure:2021 \u2013 2025Industry:Electrical Panel Manufacturing \/ Industrial (Denmark \/ Poland) THE MANDATE Elogic was a volume-driven manufacturer of control and distribution panels struggling with unprofitability, a lack of standardization, and poor cash flow discipline upon acquisition in 2021. The mandate was to lead a comprehensive turnaround and\u2026","rel":"","context":"In &quot;Case Studies&quot;","block_context":{"text":"Case Studies","link":"https:\/\/www.ceo-worldwide.com\/blog\/category\/case-studies\/"},"img":{"alt_text":"industrial electrical control room interior","src":"https:\/\/i0.wp.com\/www.ceo-worldwide.com\/blog\/wp-content\/uploads\/2026\/04\/pexels-photo-33706880.jpeg?fit=1200%2C673&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.ceo-worldwide.com\/blog\/wp-content\/uploads\/2026\/04\/pexels-photo-33706880.jpeg?fit=1200%2C673&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.ceo-worldwide.com\/blog\/wp-content\/uploads\/2026\/04\/pexels-photo-33706880.jpeg?fit=1200%2C673&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.ceo-worldwide.com\/blog\/wp-content\/uploads\/2026\/04\/pexels-photo-33706880.jpeg?fit=1200%2C673&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/www.ceo-worldwide.com\/blog\/wp-content\/uploads\/2026\/04\/pexels-photo-33706880.jpeg?fit=1200%2C673&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":4695,"url":"https:\/\/www.ceo-worldwide.com\/blog\/the-impact-of-interim-management-on-indias-enterprises\/","url_meta":{"origin":2337,"position":3},"title":"Flexibility and Innovation: The Impact of Interim Management on India&#8217;s Enterprises","author":"CEO Worldwide","date":"","format":false,"excerpt":"India, with its vibrant and diverse market landscape, demands adaptive strategies to thrive in the ever-changing business ecosystem. This article delves into the transformative role of interim management, shedding light on how it serves as a cost-effective solution, enhancing financial efficiency, and driving flexibility for businesses in India. The analysis\u2026","rel":"","context":"In &quot;Interim Management&quot;","block_context":{"text":"Interim Management","link":"https:\/\/www.ceo-worldwide.com\/blog\/category\/executive-recruitment\/interim-management\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.ceo-worldwide.com\/blog\/wp-content\/uploads\/2020\/04\/pexels-photo-416405.jpeg?fit=1200%2C750&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.ceo-worldwide.com\/blog\/wp-content\/uploads\/2020\/04\/pexels-photo-416405.jpeg?fit=1200%2C750&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.ceo-worldwide.com\/blog\/wp-content\/uploads\/2020\/04\/pexels-photo-416405.jpeg?fit=1200%2C750&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.ceo-worldwide.com\/blog\/wp-content\/uploads\/2020\/04\/pexels-photo-416405.jpeg?fit=1200%2C750&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/www.ceo-worldwide.com\/blog\/wp-content\/uploads\/2020\/04\/pexels-photo-416405.jpeg?fit=1200%2C750&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":3315,"url":"https:\/\/www.ceo-worldwide.com\/blog\/superior-strategies-for-business\/","url_meta":{"origin":2337,"position":4},"title":"SUPERIOR STRATEGIES FOR BUSINESS GROWTH","author":"Frank Lewis - CEO - UK","date":"","format":false,"excerpt":"LEADING A BUSINESS THROUGH IPO, EXIT AND BEYOND Deciding whether to float or not? Short, medium, long term \u2013 the pros\/cons of different scenarios How to enhance shareholder \/ stock value What are the pitfalls which can result in a flotation and how to avoid them What are the Corporate\u2026","rel":"","context":"In &quot;Business Development&quot;","block_context":{"text":"Business Development","link":"https:\/\/www.ceo-worldwide.com\/blog\/category\/business-development\/"},"img":{"alt_text":"superior strategies for business","src":"https:\/\/i0.wp.com\/www.ceo-worldwide.com\/blog\/wp-content\/uploads\/2020\/09\/strategy-main.jpg?fit=1200%2C800&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.ceo-worldwide.com\/blog\/wp-content\/uploads\/2020\/09\/strategy-main.jpg?fit=1200%2C800&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.ceo-worldwide.com\/blog\/wp-content\/uploads\/2020\/09\/strategy-main.jpg?fit=1200%2C800&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.ceo-worldwide.com\/blog\/wp-content\/uploads\/2020\/09\/strategy-main.jpg?fit=1200%2C800&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/www.ceo-worldwide.com\/blog\/wp-content\/uploads\/2020\/09\/strategy-main.jpg?fit=1200%2C800&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":87,"url":"https:\/\/www.ceo-worldwide.com\/blog\/top-executive-file-strategies-for-companies\/","url_meta":{"origin":2337,"position":5},"title":"Are there higher strategies for companies?","author":"Dermott Reilly","date":"","format":false,"excerpt":"Companies and organizations globally are striving to increase profit and shareholder value in times of phenomenal socio-economic change and political financial upheaval. Business is never easy and when times are tough the consensus often is to focus on core competencies, ruthlessly cutting costs, doing more with less. Perspectives can be\u2026","rel":"","context":"In &quot;Innovation&quot;","block_context":{"text":"Innovation","link":"https:\/\/www.ceo-worldwide.com\/blog\/category\/innovation\/"},"img":{"alt_text":"Are there higher strategies for companies?","src":"https:\/\/i0.wp.com\/www.ceo-worldwide.com\/blog\/wp-content\/uploads\/2024\/04\/2492009.jpg?fit=1200%2C600&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.ceo-worldwide.com\/blog\/wp-content\/uploads\/2024\/04\/2492009.jpg?fit=1200%2C600&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.ceo-worldwide.com\/blog\/wp-content\/uploads\/2024\/04\/2492009.jpg?fit=1200%2C600&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.ceo-worldwide.com\/blog\/wp-content\/uploads\/2024\/04\/2492009.jpg?fit=1200%2C600&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/www.ceo-worldwide.com\/blog\/wp-content\/uploads\/2024\/04\/2492009.jpg?fit=1200%2C600&ssl=1&resize=1050%2C600 3x"},"classes":[]}],"jetpack_sharing_enabled":true,"authors":[{"term_id":648,"user_id":7,"is_guest":0,"slug":"nandini-colin","display_name":"Nandini Colin | HR Director | India","avatar_url":"https:\/\/secure.gravatar.com\/avatar\/620b98413ce60a6acd333c00c1f96cb1b1e6a33593e8bce023942cca256d8f30?s=96&d=mm&r=g","author_category":"","user_url":"","last_name":"Colin | HR Director | India","first_name":"Nandini","job_title":"","description":"expert in leadership, innovation, human capital management &amp; value creation with purpose, in various industries, and at different stages of their business cycle. Worked in 4 different countries, born and lived in India. Co-founder of an Advanced Management Program with ESSEC. Scientific director of a leadership program at ESCP. Speaker and writer on governance &amp; diversity topics. <a href=\"https:\/\/www.female-executive-search.com\/meet-our-women-leaders\/short-bio\/?cntc_id=78777\">View Nadin's short bio<\/a>"}],"_links":{"self":[{"href":"https:\/\/www.ceo-worldwide.com\/blog\/wp-json\/wp\/v2\/posts\/2337","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ceo-worldwide.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ceo-worldwide.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.ceo-worldwide.com\/blog\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ceo-worldwide.com\/blog\/wp-json\/wp\/v2\/comments?post=2337"}],"version-history":[{"count":7,"href":"https:\/\/www.ceo-worldwide.com\/blog\/wp-json\/wp\/v2\/posts\/2337\/revisions"}],"predecessor-version":[{"id":5165,"href":"https:\/\/www.ceo-worldwide.com\/blog\/wp-json\/wp\/v2\/posts\/2337\/revisions\/5165"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.ceo-worldwide.com\/blog\/wp-json\/wp\/v2\/media\/2602"}],"wp:attachment":[{"href":"https:\/\/www.ceo-worldwide.com\/blog\/wp-json\/wp\/v2\/media?parent=2337"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ceo-worldwide.com\/blog\/wp-json\/wp\/v2\/categories?post=2337"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ceo-worldwide.com\/blog\/wp-json\/wp\/v2\/tags?post=2337"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/www.ceo-worldwide.com\/blog\/wp-json\/wp\/v2\/ppma_author?post=2337"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}