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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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Social Capital Markets 09: Social Entrepreneurship Ecosystem
Amidst the panels, deals and offline conversations of SoCap09, an interesting stat emerged: the 800+ participants represent some 32 countries, an increase from last year’s international participation. The assumption (or at least my inference) is that the language of entrepreneurship is universal, extending to social entrepreneurship as well.
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