VCW for 5 Ps

The VCW for a Better World: The Five Supporting Pillars and the 5Ps Vision

The VCW for a Better World: The Five Supporting Pillars and the 5Ps Vision

Building on this perspective, nowadays the VCW offers five foundational pillars to support its foundations and vision. Nowadays, the Value Creation Wheel is underpinned by five foundational pillars, each contributing to a World Development Vision.

The first foundational pillar is sustainability, which emphasizes the importance of balancing short- and long-term goals while aligning actions with a sustainable vision. This commitment is guided by internationally recognized frameworks, such as the 17 Sustainable Development Goals (SDGs), the European Green Deal, and the Paris Agreement. The second, Common Good focuses on promoting fairness and justice for all stakeholders, both internal and external, ensuring that every decision made aligns with the principles of equity and inclusivity. The third, Collaboration highlights the value of openness to collective intelligence and co-creation. It involves engaging diverse stakeholders, including angels’ and devils’ advocates, to foster creativity and innovation in identifying and implementing optimal solutions. The fourth, Wisdom calls for a thorough analysis and sound judgment in addressing complex challenges and paradoxes. This includes navigating global versus local perspectives, balancing structure with agility, and reconciling the often-conflicting goals of value creation and cost-cutting. Finally, Transparency ensures clarity and openness across all aspects of the process. This includes providing insights into the decision-making process, articulating the ideas and criteria supporting final solutions, identifying the key decision-makers, and acknowledging both internal and external influencing forces. Together, these five pillars guide the VCW’s commitment to creating meaningful, impactful, and sustainable solutions for a better world.

These five foundational pillars support the VCW’s current 5Ps Vision: People, Planet, Peace, Purpose, and Prosperity.

The Value Creation Wheel (VCW) embodies a transformative vision centered on delivering positive solutions aligned with the 5 Ps: Planet, People, Peace, Purpose, and Prosperity. These pillars represent fundamental areas of value creation, ensuring that solutions are not only impactful and actionable but also sustainable and holistic.

Planet: How can we prioritize environmental sustainability and create a positive impact on the planet? The VCW empowers organizations to develop innovative strategies that tackle ecological challenges, advance sustainability efforts, and promote responsible resource management, ultimately contributing to a healthier and more resilient environment.

People: People lie at the core of value creation—whether they are employees, customers, or communities. The VCW places a strong emphasis on improving lives and well-being by fostering engagement, enhancing experiences, and co-creating solutions that address the needs and aspirations of diverse stakeholders.

Peace: Societal progress requires harmony, inclusion, and stability. The VCW equips organizations to address systemic challenges such as inequality and access to opportunities, enabling collaboration that fosters social cohesion and contributes to building a more equitable and peaceful world.

Purpose: Purpose drives innovation and inspires meaningful change. The VCW helps individuals, businesses, and institutions align their strategies with purposeful goals that create societal value, driving growth and innovation with a clear focus on making a lasting, positive impact.

Prosperity: True prosperity encompasses not just financial success but also happiness, health, and overall well-being. The VCW provides strategic tools to help individuals and organizations identify opportunities for growth, balancing short-term achievements with long-term sustainability to ensure enduring success.

By addressing these five interconnected dimensions, the VCW enables organizations and stakeholders to develop balanced, effective, and sustainable solutions to their most pressing challenges. Together, these pillars form a comprehensive framework for driving innovation, fostering collaboration, and creating a better world.