C K Prahalad’s revised edition of ‘The Fortune at the Bottom of the Pyramid’ carries an update on the private sector’s changing role in poverty alleviation, development of new market opportunities, and evolution of rules that drive the engagement of businesses with emerging markets.
Business
Reverse innovation hinges on three points: It is vital for MNCs to win in emerging markets, they need to change the organisational architecture and they need to come up with breakthrough innovations, explains Vijay Govindarajan, author of ‘How GE Disrupts Itself’.
Indian President Pratibha Patil’s visit to the UK has led to the decision to undertake a joint study with the British government on how to overcome barriers to clean technology transfer from industrialised countries to developing countries.
While most Indian CEOs are concerned about climate change, only one-third of them have a strategy in place, says a new survey.
Indias funding proposal for protection and regeneration of forests under the new global climate change agreement has got support from a new UN report, which has called for a forest carbon deal.
The issue of technology transfer from industrialised to developing countries, a contentious issue in the ongoing climate change negotiations, should be seen as a win-win situation by both blocs, say leading Indian business leaders.
‘If you are not sustainable both financially and ecologically, you don’t have a good business model’
Jamshyd N Godrej is probably the most famous Indian businessman with wildlife interests. The chairman of Godrej &0 Boyce Manufacturing is also a trustee of WWF- India. Besides, he is also chairman of the CII-Sohrabji Godrej Green Business Centre, Indias first green building. In an exclusive interview with FEs Rajiv Tikoo, he talks about his passion for wildlife, its implications and relation with climate change. Excerpts:
Clean technologies have the potential to generate 10 million jobs in India by 2025 if a strong intellectual property system is preserved, says a new report.
The deadlock on the issues of emission cuts, financing and technology transfer continues in the run up to climate change talks in Copenhagen.
India is proposing to impose a mandatory fuel efficiency cap, enforce an energy-efficient building code for all public buildings, and push the share of renewables to mitigate climate change.