By V. Kasturi Rangan, John A. Quelch, Gustavo Herrero, Brooke Barton
In accordance with study awarded on the Harvard enterprise School’s first-ever convention on company ways to poverty relief, company suggestions for the worldwide negative brings jointly views from prime teachers and company, non-profit and public quarter managers. The participants draw on sensible and dynamic how-to insights from best BOP ventures from greater than twenty nations world-wide. this crucial quantity displays poverty’s multi-faceted nature and a extensive diversity of actors—multinational and native companies, marketers, civil society corporations and governments—that play a task in its relief.
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Extra resources for Business Solutions for the Global Poor: Creating Social and Economic Value
Qxp 11/16/06 3:24 PM Page 10 10 Introduction energy, and health care) by subsidizing service provision to certain consumer groups (for example, those who cannot pay), or by furnishing the seed funding necessary to reduce cost structures and generate the incentives for business involvement. Part Six: Creating Economic and Social Value The final part of the book examines the relationship between economic and social value creation at the base of the pyramid. “Social value” casts a broad net and can be measured by an array of variables, including improved quality of life, empowerment, security, and income.
Others that grow more slowly have benefited from enlightened managers who take the view that a BOP venture’s steep start-up costs are a long-term investment. Part Five: The Role of Government and Civil Society Chapters Twenty-One through Twenty-Seven elaborate on the theme that supportive government structures, vibrant civil societies, and empowered entrepreneurs are drivers for reaching the BOP and essential partners. Although the profit motive reigns supreme in many of the cases examined in this volume, the conditions that make serving the poor profitable are frequently shaped by nonmarket actors.
Age In a gerontocratic society, age is a key variable; status and mobility directly affect whether women can access microcredit. Older women, even if they are widows, have more status than younger women, and they are less prone to sexual harassment by the men in the neighborhood. Purdah6 restrictions are much less stringent for these women who occupy a dominant position in the hierarchy of the extended family. Had Saraswati been younger, she could have lost control over her grocery store. But her age protected her.