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Telefonica and Inclusive Businesses: Interview with Alberto Andreu
Many firms are dabbling in various ways in initiatives related to inclusive businesses, social entrepreneurship, and social innovations. The challenges they face range from scope, process of forming partnerships, funding, and adjustments in the organizational structure. Telef?nica is a company that has focused strategically on these topics.
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Inclusive Business and CSR ? How To Grow Local Innovation Clusters? Reflections From Cali
Do concepts like ’base of the pyramid’ and ’Inclusive Business’ really enter into the mainstream practice of businesses located in or close to poor communities? Do local business leaders really care about the "endless opportunities" that academic thought-leaders proclaim? Or do they smell another buzzword storm and continue with business as usual?
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Healthcare Series: To Emerging Markets and Back Again (Part 2)
In every village where Healthpoint operates, it builds a permanent clinic, which costs roughly $50,000. Through the clinic, the organization provides North India residents with access to technology in the form of telemedecine, a diagnostics lab, provision of medicines and clean water. "Partnering is critical," says Healthpoint Founder Al Hammond.
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- Health Care
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NextThought (Tuesday): Meeting Customers in the Middle and Other HBR Insights
This month’s Harvard Business Review ambitiously re-calibrates the dialogue on corporate social responsibility and the true meaning of shared value in rebuilding capitalism?s sullied reputation following the financial crisis. The HBR authors also implore established companies to "take a page from startups" by treating each emerging market as new.
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Can Private Sector ?Greed? Manifest Into Transformational Development?
Okay, so I’m obviously pining for some exaggeration here, but with the base of the pyramid now seen as a veritable consumer demographic, can 2011 be the year where multinationals really start to delve into the BoP no longer for CSR but for profits?
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How are Hybrid Value Chains different from CSR, BoP, Inclusive Business?
You may wonder about the actual differences between a Hybrid Value Chain, Corporate Social Responsibility, Base of the Pyramid and Inclusive Business. The field of market-based approaches addressing social and environmental issues is still too nascent to start arguing over terms, but it may be worth clarifying some fundamental differences.
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CSR That Works: Interview with Hindustan Unilever’s former Chairman and MD, Vindi Banga
I had the unique opportunity to chat with Vindi Banga, former Chairman of Hindustan Unilever Limited, Unilever’s $3.9 billion subsidiary in India. Hindustan Unilever’s unique and effective CSR program employed 60,000 women entrepreneurs in villages to sell Unilever products at affordable prices to the base of the pyramid.
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NextThought Monday: Social Enterprise on the Cover of the Economist
No, not this week and probably not next week either. But in five years, it’s going to happen. The Economist, however, did recently run an article titled: "Companies Aren’t Charities," which argues that the role of a company in developing economies should be confined to pursuing profit while abiding by the rules and a solid moral compass.
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- Education, Social Enterprise
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