Michael Porter recommends that managers use the shared value creation framework to focus on

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Michael Porter recommends that managers focus on three things within the shared value creation framework:1. Expand the customer base to bring in nonconsumers such as those at the bottom of the pyramid-the largest but poorest socioeconomic group of the world's population.2. Expand traditional internal firm value chains to include more nontraditional partners such as nongovernmental organizations (NGOs).3. Focus on creating new regional clusters, such as Silicon Valley in the United States; Electronic City in Bangalore, India; and Chilecon Valley in Santiago, Chile.

Michael Porter Recommends That Managers Use the Shared Value Creation