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Rural market, an incredible opportunity: Manwani
Rural India is a powerhouse waiting to emerge and presents an incredible opportunity of potentially adding $1.8 trillion to the Indian economy which is equal to the current GDP, according to Harish Manwani, Chairman, Hindustan Unilever Limited (HUL).
- Region
- South Asia
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Weekly Roundup: Oxford’s BoP Debate, Why ‘Old’ Arguments are Still Worth Our Time
Although a little more than two months old, “Responsible Capitalism or Business as Usual” a passionate and multi-faceted debate has been pinging its way around the Web in recent weeks. The forum hosted University of Oxford’s Saïd Business School is worth your time, even if many of the arguments and counter arguments are familiar.
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- Uncategorized
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Guest Post: @ Rio+20 True Engagement: Discussions on Bringing the BoP into Product Development, Marketing
During the Business Day, my organization, the World Business Council for Sustainable Development (WBCSD), organized a session focused on “Eradicating poverty through inclusive business solutions”. In a nutshell, the session in Rio highlighted inclusive business models from different sectors and countries as examples of sustainable, market-based solutions in support of poverty eradication and social inclusion in the developing world. It encouraged companies to embrace inclusive business activities by identifying key success factors and opportunities.
- Categories
- Education
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Kenya’s CNN ‘hero’: Africa’s high growth rates not felt at bottom of the pyramid
Evans Wadongo shot to international fame after he was named one of the top ten CNN Heroes in 2010. His project replaces kerosene lamps with solar-powered LED lanterns across villages in rural Kenya. CNN Heroes honours everyday people changing the world. Born in rural Kenya, the 26-year-old electronic and computer engineering graduate is the executive director of Sustainable Development for All Kenya (SDFA-Kenya) where he literally lights up people’s lives. How we made it in Africa’s East Africa correspondent Dinfin Mulupi chats with Wadongo to find out what makes this social entrepreneur tick.
- Categories
- Environment
- Region
- Sub-Saharan Africa
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NextThought Monday: Helping the BoP Design its Own Way Out of Poverty
Daniel Altman is an economist, writer and teacher with a deep commitment to international development. He’s had a revelation about the power of consumer products to create markets from the inside out, and he’s doing something about it.
Emerging Design Centers (EDCs) is a for-profit enterprise that puts cutting-edge design tools in the hands of the poor.- Categories
- Impact Assessment
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Weekly Roundup: The Fatal Flaw @ the BoP?: Readers: Have a Question for Erik Simanis? Ask Away
Erik Simanis has been generating significant buzz with two essays published in the Harvard Business Review: Businesses Serving the Poor Need to Get Over Their Unease About Profit and Reality Check at the Bottom of the Pyramid. In the latter, Simanis says BoP practice has a fatal flaw. I’m planning to speak with Simanis soon, so if you have question let me know
- Categories
- Uncategorized
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Fighting for the next billion shoppers
A TRIP to Paris is not usually a miserable way to celebrate your birthday, but so it was this year for Bob McDonald. On June 20th, as he turned 59, the chief executive of Procter & Gamble (P&G) for the past three years gave a faltering and apologetic speech at a conference there hosted by Deutsche Bank, in which he predicted lower-than-expected profits in the coming quarter for the world’s largest maker of household and personal-care products, and confessed to deep-seated problems at his firm both in innovation and the broader execution of its strategy.
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One billion smartphones by 2014. Bottom-of-the-pyramid market never looked better
It’s been a while since bottom of the pyramid — famously enunciated by the late management guru C.K. Prahlad — has been perceived to be an attractive market.
- Categories
- Technology
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