After Indian companies, it’s the turn of desi NGOs like TERI, CUTS, Pratham, PRIA and Barefoot College to venture abroad.
World
In his acclaimed book, ‘Capitalism at the Crossroads’, Stuart Hart argues that MNCs are in a position to innovate to lay the foundations of a sustainable form of global capitalism and also profit in the process.
Going by the response to his just-released Building Social Business, Nobel laureate Muhammad Yunus is on the verge of ushering in a social business wave to address problems like poverty.
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.
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’.
When Barack Obama talked about harnessing renewables in his presidential address, he was summing up the agenda of his new green deal for an energy secure United States.
When the Grameen Bank founder and Nobel laureate Muhammad Yunus labelled his breed of social entrepreneurs as 70% crazy, he was mouthing a popular perception.
If London is emerging as a leading ethical fashion centre in the world, its partly due to the fact that the citys fashion stores are able to source fairtrade products from India.
Stuart L Hart builds brick by brick the case for sustainable enterprises in his revised edition of Capitalism at the Crossroads, drawing from his BoP initiative.
Arosa may not be the most famous tourist resort in the Alps, but it will be always remembered for leading tourism industry’s fight against climate change.