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  • But TI exec reckons even users in developing countries will opt for phones with more capabilities

    Mobile phones could be sold wholesale for as little as $15 by the end of 2008, although the result might be a handset nobody wants, an executive from chip maker Texas Instruments (Profile, Products, Articles) said Tuesday. It’s definitely possible, though that’s a very aggressive target, said Bill Krenik, manager of TI’s advanced wireless chip architectures, in a telephone interview. The GSM Association set the $15 wholesale price target during the recent 3GSM...

    InfoWorld (link opens in a new window)
  • Entrepreneurship Thrives in an Enabling Culture

    Research reveals that there is a powerful connection between the culture of a people and its propensity to be entrepreneurial. Kenya, for example, has national sub-cultures which have important implications for creating an entrepreneurial economy. That would mean that in the effort to build greater entrepreneurship, it is useful to first understand the culture of a people and work with it, not against it. Let us begin with two fundamental questions: What is culture? Why is it important...

    The East African Standard (link opens in a new window)
  • Businesses That Profit the World

    By Vivek Wadhwa I’m mentoring a team aiming to enter Duke University’s contest for startups that improve life in poor nations while generating earnings In Hollywood, it seems that everyone wants to be a star or has a script for the next great blockbuster. Tech entrepreneurs, similarly, dream of launching the next eBay. In universities, business-plan competitions are the rage. Contest winners earn big prizes, yet few ever achieve business success or leave a mark on ...

    BusinessWeek (link opens in a new window)
  • In today’s customer-centered market, companies need to meet buyers’ often-unspoken needs. Here are

    It is tough leading a company today when the initiatives you are expected to control are buffeted by constantly changing forces. The rules business once lived by have been turned upside down. Power has shifted from producers to customers, for instance. Any color they want as long as it’s black has been replaced by: What they want, when they want it, at the price they want. It’s not only the customers who have gained control, the companies close to the ...

    Business Week (link opens in a new window)
  • Google, AMD, Brightstar, News Corporation, and Red Hat have signed on to MIT’s low-cost laptop initi

    MIT Media Lab, taking a page out of a revolutionary business book by C.K. Prahalad, is developing a Linux-based, full-color, full-screen laptop that will use innovative power sources -- including batteries or hand crank -- and will be able to do most everything that a standard laptop can do except store large amounts of data. According to MIT, these rugged laptops will be WiFi- and cell phone-enabled, and have USB ports, a 500MHz processor, and 1 gigabyte of storage capacity using flash memory ...

  • Even though Professor CK Prahalad pioneered the notion of companies targeting the lowest rungs of the market way back in the mid 1990s, it was after his book The Fortune at the Bottom of the Pyramid was published about a year back, that the concept gained increasing momentum. His key argument: the so-called Bottom of the Pyramid (BOP) with an estimated 4 billion people who live on less than US$ 1,500 per annum, is a major market opportunity. Not surprisingly, a number of...

    Business Standard (link opens in a new window)
  • Generating Hope by Kevin Bullis

    Drinking water infested with germs and parasites or steeped in toxic chemicals is the number-one health problem in the world. It’s so big, in fact, that the United Nations has proclaimed 2005-2015 to be the Water for Life decade. The UN goal is to get its member nations to honor their commitments to halving the proportion of individuals without access to safe drinking water. But such huge development programs run by international entities such as the UN ar...

    Technology Review (link opens in a new window)
  • At his first media interaction after taking over as Hindustan Lever’s non-executive chairman, Harish Manwani was asked whether the company’s practice of compulsory rural posting for its managers had outlived its utility. The question was relevant in the context of the increasing perception that the FMCG major is fast losing its celebrated status as the Mecca for top B-school students who are now reluctant to go through the mandatory heat and dust of rural postings.

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