What Comes After CSR? Designing for Shared Value in Southeast Asia
- Keeshendra Kandiah
- May 21
- 2 min read
Why the future of social impact lies in aligning business performance with community outcomes—and how to do it with purpose and precision.

Corporate Social Responsibility (CSR) has long been the go-to model for businesses seeking to give back. But in Southeast Asia, where development gaps remain wide and trust in institutions is fragile, traditional CSR is increasingly seen as insufficient—too detached, too transactional, and often too symbolic.
As stakeholders grow more discerning, companies must rethink how they engage with society. The path forward isn’t more charity—it’s shared value: creating social outcomes that are embedded in the business model itself.
CSR Was Never Designed to Be Strategic
Too often, CSR lives in silos—managed by PR teams or parked under community engagement budgets. The intent may be sincere, but the execution is often short-term, underfunded, and unlinked to business priorities.
This leads to fragmentation. Initiatives lack continuity. Impact is hard to measure. And over time, credibility erodes.
Shared Value = Mutual Benefit
Shared value reframes social impact as a strategic opportunity. It asks:
Where do our business goals align with community needs?
How can addressing social gaps open up new markets, talent pools, or cost efficiencies?
What if social impact was a driver of performance, not just a cost?
This approach works particularly well in Southeast Asia, where inclusive growth, workforce development, and infrastructure access are all pressing needs—and potential business opportunities.
Designing for Shared Value Requires Intentionality
It’s not about adding a few KPIs to CSR projects. Shared value requires cross-functional alignment, stakeholder co-creation, and clear accountability.
The shift is from doing good to doing well by doing good—in a way that’s measurable, credible, and enduring.
A Strategic Way Forward
To begin the transition from CSR to shared value:
Map the Overlap: Identify where business and social goals intersect—across operations, supply chains, or customer segments.
Engage Differently: Co-design programmes with communities, not for them. Build local ownership early.
Track Outcomes, Not Just Inputs: Move beyond activity counts. Focus on what changes—lives improved, skills gained, opportunities unlocked.
Embed in Business Logic: Make social impact part of performance reviews, board dashboards, and product innovation—not an afterthought.
Let’s Continue the ConversationIf your organisation is ready to evolve its impact model—from CSR to something more strategic and enduring—we’re here to help you design for shared value, not just goodwill. |
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