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The next computing Kumbh mela
I believe that the future of computing will be driven not by existing users but by new users. These are going to be from the world?s emerging markets. They need computing at the price of a cellphone. They need computing as a utility. The next big thing in computing will be about building a platform which makes the two most important creations of the past ? the computer and the internet ? available to the next users at a fraction of today?s prices. It will be about making hardware, softwar...
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- The Business Standard
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A Radical Approach that Delivers on Two Bottom Lines: Financial and Social
First discussed in a Harvard Business Review article and then in Foreign Affairs , this transformative business idea is the mission of C.K. Prahalad, who has been called one of the top 20 business thinkers today. He brings this radical concept to life in his book that launches Wharton School Publishing/Pearson new business imprint, THE FORTUNE AT THE BOTTOM OF THE PYRAMID: Eradicating Poverty Through Profits (Publication Date: August 25, 2004; $27.95 hardcover). T...
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- Press release from Wharton School Publishing
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Away on Business: Making a Difference
Working in poverty-stricken areas gives corporate travelers an up-close look at global problems such as disease, illiteracy or injustice. It also puts them in a position to bring about change. ’When executives are in disadvantaged areas, the first instinct is to do something immediately ... and reach into their pockets for money, said Lelei LeLaulu, president and chief executive of ...
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- Reuters
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Shipments of portable computers showed no signs of slowing in Central and Eastern Europe and the Mi
According to the latest PC Tracker numbers for the CEMA region from IDC, while the total PC market growth continues to slow, slipping 21.3% this year, portable shipments soared by more than 60% compared to the same quarter in 2003. In addition, the desktop market expanded by 16% and the x86 server market by 26.6% year-over-year. The sales figures from CEMA are vital trend indicators, because while the numbers are small compared to other areas of the globe, the region represents untapped gr...
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- eMarketer.com
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Trust in Poor Built Consumer Empire For Israeli Brothers
Jerry Azarkman, a 51-year-old former door-to-door peddler, and his brother Ron, 48, have built a small retail empire that caters to newcomers who are eager to join the consumer market but sometimes feel alienated from it. What the Azarkmans have grasped is that the poor can be good credit risks, if the retailer gives them reason to be grateful someone has taken a chance on them. Read full article here. ...
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- The Wall Street Journal
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General Motors to Expand Assembly Line in Nairobi
General Motors East Africa Limited yesterday announced plans to expand its Nairobi plant. Bill Lay, GM’s managing director said that the expansion will help the company cope with increased demand coming from the public transport industry. Lay said that the implementation of the East African Community (EAC) protocol, scheduled for January 2005, will also provide a major opportunity for the company to increase sales. ...
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- The East African Standard (Nairobi)
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Unilever, P&G Wage Price War For Edge in India
The Indian soap war hints at a bigger trend. The developing world is looking more attractive than it has in years to the world’s leading purveyors of food, shampoo and laundry detergent. While growth is stagnant in North America and Europe, the market for consumer goods elsewhere is expanding fast, in stride with growing local incomes and populations. Read full article here. ...
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- The Wall Street Journal
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As Growth Slows Elsewhere,Beverage Giant Targets Nations’ Vast Hinterlands
Far from the prosperity and growing competition in Asia’s glittering big cities -- where growth is beginning to cool from a once-blistering pace -- the beverage giant is investing tens of millions of dollars to expand its production and distribution footprint. The strategy is to market super-cheap sodas to a vast population that in the past was considered too poor, provincial or difficult to reach for consumer-product companies. If successful here, Coke could be mapping a new strategy ...
- Source
- The Wall Street Journal
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