The concept of shared value has gained popularity in recent years, with recognition that solving social and environmental problems requires the input, participation and action of all stakeholders. Leveraging the resources and innovation capacity of the private sector is key to solving the world’s most pressing problems, and as the logic goes – if businesses can benefit at the same time, it’s a win win.

But is shared value a panacea for solving all of our problems? Or is there still a role for philanthropy and charity, and activism?

My guest today is Phil Preston, author of Connecting Profit With Purpose, a practical roadmap for (re)building trust and creating high-performing, sustainable businesses.

Phil is reading Stakeholder Capitalism, by Klaus Schwab

Connect with Phil on Twitter.