Policy making in developing countries seems to be dominated by the political imperatives of palliatives and quick fixes. Without palliatives the people rapidly lose interest, lose hope and turn against their political heroes. Without quick fixes, the opposition finds it easy to attack the performance of a new government and shake the faith of the electorate leading to the same end result. So what should governments do when interested in stimulating job creation to pull masses of their…Continue
Posted on May 8, 2015 at 19:00
The World Resources Institute and the International Finance Corporation did a detailed study of the BOP around the world and estimated that the market is about $5trillion in purchasing power parity. Is this a large untapped market or a fuzzy mish mash of expectations that just cannot be profitably or sustainably exploited? Is the glass half-full or is it half-empty? Any company seeking growth ought to be attracted to this largely untapped market but is the game worth the candle? Is it for…Continue
Posted on September 9, 2013 at 15:30
Businesses know all too well that Price – Profit = Cost, and this age-old formula has been a guide to successful investments in innovation for many years.
Yet this month’s editor’s choice suggests that to innovate for inclusive business, the best approach is to flip this formula and look at it as Cost + Profit = Price. Sure, they mean the same thing? Perhaps, but they imply different strategies.
The second equation is a clue as to how you approach innovation, given a major…Continue
Posted on September 5, 2013 at 10:00
Count the ‘I’s of “Innovations in Inclusive Business” and you might be tempted to conclude there are only five. Depending on your sense of humour you might even discover there are six or indeed seven. Recently, when the BIF Country Managers from Zambia, Malawi, India, Bangladesh & Nigeria came together, I learned there was more to such innovation than meets the eye.
Do companies deliberately set out to be innovative and inclusive? Was Humpty…Continue
Posted on June 24, 2013 at 9:30 — 2 Comments