On a day when industry leaders welcomed the announcement of the Royal Commission into the Australian Aged Care Sector, the Orchard Talent Group was joined by Opal Aged Care Chairman Peter Shergold and 40 CEOs from the Australian Aged Care and Disability sectors to discuss the concept of Shared Value.
The continuous increase in complexities and pressing expectation for social purpose has seen many organisations emphasise a notion of ‘giving back’. Peter explained the temperamental nature of the issue and noted how corporate social responsibility is only ever an ‘add on’ supporting causes through investment or donation of time and money. Peter spoke passionately about how there needs to be a greater drive for public private partnerships to avoid the danger of implementing the philosophy of ‘giving back’ , instead of executing the value creation framework of shared value, which works on drawing social and financial returns central to the business, where the two will go hand in hand making it ‘the business of the business’.
We are delighted to continue assisting organisations with their talent considerations from the Board to frontline services and continue shape the conversation in the Australian Aged Care and Disability Sectors.
Thank you to all that attended.