Public Value

Public value refers to the benefits and positive outcomes that actions, policies, or services provide to society as a whole. It focuses on how these initiatives improve the well-being of communities, enhance social equity, and strengthen democracy. Public value goes beyond financial profit; it includes elements like public trust, environmental sustainability, and cultural enrichment. When governments or organizations prioritize public value, they aim to create a better quality of life and foster a sense of shared purpose among citizens, ensuring that their efforts align with the needs and interests of the community.