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Creating Value In Communities

The Military Children 2024 World Expo Pre-Worshop


Creating value in communities means delivering outcomes that benefit the communities and societies around the project. The value of the community should be centered on value creation for the organization and the members or both. The common interest should result in value that can be realized, such as increased profits. Value creation can also refer to the value of the learning enabled by community involvement and networking.


This workshop presents a conceptual foundation for promoting and assessing value creation in communities and networks. By value creation we mean the value of the learning enabled by community involvement and networking. Therefore, we focus on the value that networks or communities create when they are used for social learning activities such as sharing information, tips and documents, learning from each other’s experience, helping each other with challenges, creating knowledge together, keeping up with the field, stimulating change, and offering new types of professional development opportunities.


Creating value in communities involves intentionally delivering outcomes that benefit the communities and societies around a project. This value can take various forms, including social, economic, or financial aspects. Let’s explore this concept further:


Social Value:

Definition: Social value refers to the positive impact a project or initiative has on people’s lives, relationships, and well-being within a community.


Examples:

Connection: Fostering meaningful connections among community members.

  • Belonging: Creating a sense of belonging and inclusion.

  • Shared Resources: Collaborating to share resources effectively.

  • Resiliency: Strengthening the community’s ability to adapt and thrive.

  • Sustainability: Promoting practices that benefit the environment and future generations.

  • Affordability: Ensuring access to essential services and resources.

  • Support: Providing emotional, practical, or financial support.


  • Purpose: Aligning community efforts with a common purpose.

  • Simplicity: Simplifying processes and reducing complexity.

  • Depth: Encouraging meaningful interactions and experiences.

  • Security: Enhancing safety and security within the community.

  • Economic Value:

  • Definition: Economic value relates to the financial benefits generated by a project or community initiative.


Examples:

  • Job Creation: Providing employment opportunities.

  • Local Business Growth: Supporting local businesses and entrepreneurship.

  • Increased Property Values: Enhancing property values through community development.

  • Tourism and Events: Attracting visitors and revenue.


Financial Value:

Definition: Financial value refers to direct monetary gains resulting from community projects.


Examples:

  • Investment Returns: Financial gains for investors or stakeholders.

  • Tax Revenue: Contributions to local government revenue.

  • Cost Savings: Efficient resource utilization leading to cost savings.


Aligning Values and Goals:

  • Identifying and articulating core values is crucial for community living. These values guide decision-making, interactions, and community development.

  • Start with Your WHY: Understand your personal motivation for seeking community living. Your WHY will shape your journey and help you find a community that aligns with your values.


The WHY Exercise:

  • Briefly answer: “Why do you want to live in a community?”

  • Ask yourself “Why?” again to go deeper into your motivations.

  • Repeat this process to uncover your core values and intentions.

  • Remember, creating value in communities goes beyond tangible outcomes—it’s about fostering connections, purpose, and positive change


This workshop is free and open to the public. Can be view online at www.monthofthemilitarychildworldexpo.com/workshops or in person at Military Children's Six Foundation, 2461 Eisenhower Avenue, First Floor, Alexandria, VA 22314. Workshop starts at 1:00 PM - 2:30 PM. Facilitator: Mr. Jim Schulman

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