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A talk with Ratan N. Tata reveals his take on everything from Tata Group’s expansion plans, to being overstretched, to choosing a successor. For the past four years, Ratan N. Tata has been racing to seize opportunities to establish the Tata Group, one of India’s oldest and biggest conglomerates, as a major global player in everything from steel and cars to hotels and information technology services. Besides making big acquisitions such as the Anglo-Dutch steel giant Corus Group and...
Tata UnboundNews
VANCOUVER, August 1, 2007 (GLOBE-Net) ? Roughly four billion people, mostly in developing countries, subsist at the bottom of the economic and social pyramid. Here they are vulnerable not only to the risks associated with poverty, unemployment and social exclusion, but also to a host of environmental threats including poor air quality, contaminated water and climate change. Even though they live on less than US $2 per day, these people represent a huge potential market. Linking their entrepreneu...
Life at the Bottom of the Pyramid: Are Environmental Technologies the Way Out?News
Stuart Hart, founder of base of the pyramid economics, talks about terrorism, poverty, and the next big corporations. As one of the founding fathers of the base of the pyramid economic theory, Stuart Hart plays a crucial role in reshaping the way companies view the 4 billion people who live in poverty. The Cornell B-school professor is the founder and chair of the school’s Center for Sustainable Global Enterprise and an authority on the implications of sustainable dev...
Cornell Professor Builds on His BaseBlog Post
Usually people at the BOP cannot afford to pay for insurance or health care. When they fall ill, they end up spending all their own money on surgery, doctors? appointments, tests ? they simply cannot afford health care. Micro-insurance offers an alternative approach to this problem. At...
Contest: Innovative, Intuitive and Original Ideas to Explain Micro-InsuranceBlog Post
This week the World Business Council for Sustainable Development (WBCSD) published a brief titled “Promoting Small and Medium Enterprises for Sustainable Development.” I recommend reading it because it gives good ideas and advice to governments, large corporations, and the local...
Promoting Small and Medium Enterprises for Sustainable DevelopmentNews
It is common for a company to donate some of its best-selling products to poor countries or poor neighborhoods to display good corporate citizenship. But how often does a company develop a product expressly for philanthropy, and then discover there is a market for it at home? That is what Procter & Gamble has been doing with sachets of its Pur water purifying powder, which it has distributed at cost in water-challenged countries for more than a decade. The program was n...
Procter & Gamble To Benefit In All But Name From Water PurifierNews
Every day, Martina P?rez D?az spends about five hours sewing 70 pairs of black loafers by hand for a wage of 120 pesos, or about $11. When she wants to wash her hair, she walks to her local tiendita, or small store, to buy a 0.34 ounce, single-use packet of Procter & Gamble Co.’s Head & Shoulders shampoo. The price: two pesos, or about 19 cents. That I usually can afford, she says. [Martina Perez Diaz] Shoppers like Ms. D?az factor heavily i...
P&G’s Global Target: Shelves of Tiny StoresBlog Post
Two new funds to facilitate private sector development in Africa are being raised as we speak.The first, the Africa Enterprise Challenge Fund, is the result of a Commission for Africa recommendation. It seeks to ?catalyze the private sector to innovate and find profitable ways of improving...
Two New African Venture Funds
