Next Generation Business Strategies for the Base of the Pyramid: New Approaches for Building Mutual Value By Ted London, Stuart L. Hart
Publisher: F T Press 2010 | 288 Pages | ISBN: 0137047894 | PDF | 12 MB
Publisher: F T Press 2010 | 288 Pages | ISBN: 0137047894 | PDF | 12 MB
During the last decade, first-generation "Base of the Pyramid" (BoP) ventures focused primarily on "finding a fortune at the BoP" by selling existing goods to and sourcing familiar products from the world's four billion poorest people. Many of these initiatives did not scale, and some failed outright. But through that experience, crucial lessons have been learned. Innovators are now succeeding--thanks to a more sophisticated and nuanced approach based on "creating a fortune with the BoP."
In this book, co-editors Ted London, Stuart L. Hart, and other leading BoP thought and practice leaders show how to apply these second-generation BoP innovations, techniques, and business models. You'll learn how to build successful business ventures, create sustainable business ecosystems, design new technologies with the BoP in mind, and even transform entire sectors through collaborative entrepreneurship. Key lessons to be learned include
Roadmaps for Success
A roadmap for venture development
Patient capital and innovation for the BoP
Strategic Opportunities
The "Green Leap" and the BoP
Turning BoP needs into markets
Effective Implementation
Understanding the BoP at the micro level
Reframing design for the BoP
Scaling up BoP ventures
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