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Alleviating Poverty through Business Strategy

Alleviating Poverty through Business Strategy
Author: C. Wankel
Publisher: Springer
Total Pages: 252
Release: 2008-03-03
Genre: Political Science
ISBN: 0230612067

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There is a growing realization that business development is the most effective weapon in fighting world poverty. How the for-profit model can be harnessed to provide the poor with a share in the world's prosperity is discussed through actual cases, and nested in innovative theories of business, social sciences, and philosophy.


Fighting Poverty Together

Fighting Poverty Together
Author: A. Karnani
Publisher: Springer
Total Pages: 297
Release: 2016-04-30
Genre: Business & Economics
ISBN: 0230120237

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In this hard-hitting polemical Karnani demonstrates what is wrong with today's approaches to reducing poverty. He proposes an eclectic approach to poverty reduction that emphasizes the need for business, government and civil society to partner together to create employment opportunities for the poor.


Entrepreneurship and Sustainability

Entrepreneurship and Sustainability
Author: Paul W. Thurman
Publisher: Routledge
Total Pages: 236
Release: 2016-04-29
Genre: Business & Economics
ISBN: 1317142594

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In Entrepreneurship and Sustainability the editors and contributors challenge the notion that not-for-profit social entrepreneurship is the only sort that can lead to the alleviation of poverty. Entrepreneurship for profit is not just about the entrepreneur doing well. Entrepreneurs worldwide are leading successful for-profit ventures which contribute to poverty alleviation in their communities. With the challenge of global poverty before them, entrepreneurs continue to develop innovative, business-oriented ventures that deliver promising solutions to this complex and urgent agenda. This book explores how to bring commercial investors together with those who are best placed to reach the poorest customers. With case studies from around the World, the focus of the contributions is on the new breed of entrepreneurs who are blending a profit motive with a desire to make a difference in their communities and beyond borders. A number of the contributions here also recognize that whilst much research has been devoted to poverty alleviation in developing countries, this is only part of the story. Studies in this volume also focus upon enterprise solutions to poverty in pockets of significant deprivation in high-income countries, such as the Appalachia region of the US, in parts of Europe, and the richer Asian countries. Much has been written about the achievements of socially orientated non-profit microfinance institutions. This valuable, academically rigorous but accessible book will help academics, policy makers, and business people consider what the next generation of more commercially orientated banks for the 'bottom billion' might look like.


Business, Entrepreneurship and Innovation Toward Poverty Reduction

Business, Entrepreneurship and Innovation Toward Poverty Reduction
Author: Steven Si
Publisher: Routledge
Total Pages: 302
Release: 2021-07-26
Genre: Business & Economics
ISBN: 1000425886

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Ways in which poverty can be reduced in both countries and regions through business, entrepreneurship and government has been a hot issue for researchers and policymakers in recent years. Governments can play an important role in helping the poor people by non-profit organizations and others that help to seed business among the poor. Businesses increasingly also see the large number of people in severe poverty not only as an issue for social concern, but also as a potentially large untapped market of consumers for goods and services. Some scholars have called for poverty reduction through entrepreneurship owing to the fact that it can be an efficient path to also change the poor's attitudes and behaviours from a passive mode, to a more active mode towards poverty reduction economically and socially. In addition, the sharing economy brings opportunities where everyone is a micro-entrepreneur. There is a recognition that these types of entrepreneurship above could offer the greatest single potential means to move individuals out of poverty in the nations and regions in the next 5-10 years. This book provides new and valuable analyses of poverty and business, entrepreneurship and innovation in current nations and regions including developing and developed countries. As business, entrepreneurship and innovation can help to generate greater business activity in settings of severe poverty, they will help to solve poverty, as individuals in severe poverty are able to both generate greater incomes and accumulate greater assets as they participate with large firms in those activities. The chapters in this book were originally published as a special issue of the Entrepreneurship & Regional Development.


Make Poverty Business

Make Poverty Business
Author: Craig Wilson
Publisher: Routledge
Total Pages: 248
Release: 2017-09-08
Genre: Business & Economics
ISBN: 1351280465

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Poor people in developing countries could make excellent suppliers, employees and customers but are often ignored by major businesses. This omission leads to increased risk, higher costs and lower sales. Meanwhile, businesses are asked by governments and poverty activists to do more for economic development, but their exhortations are rarely based on a proper business case. Make Poverty Business bridges the gap by constructing a rigorous profit-making argument for multinational corporations to do more business with the poor. It takes economic development out of the corporate social responsibility ghetto and places it firmly in the core business interests of the corporation, and argues that to see the poor only as potential consumers at the bottom of the pyramid (BOP) misses half of the story. Make Poverty Business examines the successes, failures and missed opportunities of a wide range of global companies including Wal-Mart, BP, Unilever, Shell and HSBC when dealing with the poor and with development advocates in the media, NGOs, governments and international organisations. It includes a discussion on how to use a poverty perspective to provoke profitable innovation – not only to create new products and services but also to find new sources of competitive advantage in the supply chain and to develop more sustainable, lower-cost business models in developing countries. Make Poverty Business will be essential reading for international business managers seeking to increase profits and decrease risks in developing countries, development advocates who seek to harness the profit motive to achieve reductions in poverty, and academics looking for practical strategies on how business can implement BOP initiatives in developing countries.


Alleviating Poverty Through Profitable Partnerships

Alleviating Poverty Through Profitable Partnerships
Author: Patricia H. Werhane
Publisher: Routledge
Total Pages: 170
Release: 2009-09-11
Genre: Business & Economics
ISBN: 1135966443

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In this book, the authors approach poverty alleviation from an atypical perspective. The thesis is that poverty can be reduced, if not eradicated, both locally and globally, but this will occur only if we change our shared narratives about global free enterprise, and only if we recalibrate our mindsets regarding how poverty issues are most effectively addressed. They argue that poverty amelioration cannot be effected by the traditional means employed during the last century—foreign aid from developed nations and/or from non-profit international organizations. Rather, the authors present evidence which demonstrates that a mindset embracing initiatives developed by global corporations in response to the poverty challenge is significantly more effective. Global companies can alleviate poverty by seizing market opportunities at the Base of the economic Pyramid (BoP) with the implementation of three key processes: moral imagination, systems thinking, and deep dialogue. This approach to alleviating poverty offers some powerful ideas backed by the support of some of the leading Business Ethics minds in the United States. These scholars, some of whom are on the author team, have created a book that is unique and provocative yet still ideal for courses at the undergraduate level.


Business Approaches to Poverty Alleviation

Business Approaches to Poverty Alleviation
Author: Kathrin Bischoff
Publisher: BoD – Books on Demand
Total Pages: 210
Release: 2014-12-30
Genre: Business & Economics
ISBN: 3844103937

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Despite decades of development efforts, led by governmental and non-profit organizations, the issue of poverty prevails, with approximately 1.4 billion people living in extreme poverty. As a result of the failure of governmental and non-governmental actors to successfully address poverty single-handedly, the development community has turned its eyes towards the private sector, in particular on Multi-National Corporations (MNCs), as an additional contributing force. To enhance understanding within the research field of business and poverty, this thesis aims at investigating the potential and actual contributions of the private sector, in general, and MNCs, in particular, with regard to poverty alleviation. In order to address this research aim, in the theoretical part of this thesis the existing literature on the potential contributions of distinct business approaches to poverty alleviation is reviewed. Hereby, six business approaches – being Business-as-Usual, Corporate Philanthropy, Microfinance, Bottom of the Pyramid, Social Entrepreneurship and Cross-Sector Partnerships – as well as their variations and combination possibilities are investigated. This analysis leads to a classification of company’s Poverty Alleviation Portfolio Approaches. The examination of the possible contribution of MNCs in theory is in turn complemented by the practical part of this thesis which studies the actual poverty-related initiatives undertaken by Fortune’s global 100 firms in practice. Hereby, data is gathered on these 100 MNCs via a content analysis of company websites and Corporate Social Responsibility reports. Building upon the classification framework developed in the theoretical part, the Poverty Alleviation Portfolio Approaches of these MNCs are ultimately classified as inactive, reactive, active or proactive.


Alleviating Poverty by Empowering Women Through Business Model Innovation

Alleviating Poverty by Empowering Women Through Business Model Innovation
Author: Erica L. Plambeck
Publisher:
Total Pages: 0
Release: 2019
Genre:
ISBN:

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M&SOM has published papers of importance for poverty alleviation. Yet, rich opportunities for impactful research remain as yet untapped. OM insights suggest business model innovations that alleviate poverty by simultaneously empowering women, protecting natural systems or mitigating pollution, increasing incomes, and creating low-cost, high-quality products or services. OM researchers can help empower women and overcome poverty by developing, testing, refining and disseminating such business model innovations.


Socially Responsive Organizations & the Challenge of Poverty

Socially Responsive Organizations & the Challenge of Poverty
Author: Milenko Gudić
Publisher: Routledge
Total Pages: 294
Release: 2017-09-08
Genre: Business & Economics
ISBN: 1351287834

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This book provides a combination of case studies and current action research describing how businesses and civil society organizations are working to alleviate poverty in local and global communities. It intends to provide conceptual and research rationales for why management education and management institutions must address the issue of poverty. The book responds to one of the major findings from the research of the PRME Working Group on Poverty that the topic of poverty still lacks a strong business case for management educators and program/institutional administrators. The distinctive features of this book are that it: (1) includes examples of small and medium-sized (SME) businesses; (2) deals with the issue of poverty as a human rights violation; (3) explores the issue of absolute versus relative poverty; (4) deals with leadership challenges in organizations committed to poverty alleviation; and (5) discusses the issues in terms of management education’s responsibility for setting new management, research institutional and intellectual agendas. The first of two books to be produced by the PRME Working Group on Poverty, Socially Responsive Organizations and The Challenge of Poverty aims to provide both researchers and practitioners with the most wide-ranging coverage yet published on how business can be a positive force in alleviating poverty and how management education needs to adapt to this increasingly crucial prerogative.