The Foundation for Value Creation (FVC) and the Elite Quality Index (EQx)
The Foundation for Value Creation (FVC or 'Foundation') is a St.Gallen-based non-profit foundation, supervised by the Swiss Federal Supervisory Board for Foundations (Eidgenössische Stiftungsaufsicht, ESA). The Foundation's vision and its purpose (Stiftungssweck), articulated in its statutes (Satzung), include the generation of innovative, evidence-based insights into Value Creation. The Foundation's resources are allocated and audited in compliance with its purpose and applicable Swiss laws.
Measuring the ‘sustainable value creation of nations’ is the objective of the Elite Quality Index (EQx) project. The underlying assumption of the EQx, shared by the FVC, is that the extent to which elite business and the elite system models create value, rather than extract it, significantly contributes to a country's economic growth and human development. The Foundation realizes its purpose by supporting the EQx in three ways.
What that means in practice
- Firstly
The Foundation makes the development of the EQx possible, by coordinating the international partner network, providing support for research projects, and by assisting in the publication of the report and dissemination of the results. Dissemination activities include the participation in and organization of international, local and digital events, as well as establishing a collaborative platform for partners to work on and share EQx data.
- Secondly
The Foundation sees the EQx as a unique intellectual asset for a wide range of educational initiatives. These include university courses for new generations of students, innovative formats for the broader public, as well as custom programs for the top leadership of organizations, governments and institutions.
- Thirdly
The EQx seeks to advance distinct new ideas that can be leveraged for the transformation and renewal of business models, elite systems, and societies — shifting them from Value Extraction towards inclusive Value Creation. The EQx results and their interpretation may provoke the reflection and analysis that precede transformative action. The Foundation's international and open collaborative platform enables such impacts, reaching deep into societies and the core of political economies.
If you are interested in learning more about the FVC or having a conversation, please contact us at: partner@valuecreation.org