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Articles by Annabel Beales

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  Monday
  August 26
  2024

  Annabel Beales

  Accelerating the Adoption of Inclusive Business Models in Multinational Corporations: Challenges, Solutions and Success Stories

  Over two decades ago, C.K. Prahalad and Stuart L. Hart challenged the private sector to tap into “the fortune at the bottom of the pyramid” by developing business models that serve people living in poverty. As Annabel Beales at Business Fights Poverty explains, this vision has gained traction under the mantle of inclusive business — yet adoption of these business models remains low among large corporations. She explores why accelerating this adoption is crucial to eliminating poverty and addressing the other SDGs, and shares three key lessons that show how inclusive business can be operationalized by large corporations.

  Categories

  Investing, Social Enterprise

  Tags

  Base of the Pyramid, corporate social responsibility, corporations, ESG, MSMEs, partnerships, poverty alleviation, scale, SDGs