Poverty, Profits & Entrepreneurship

A seminar to connect the 'Bottom of the Pyramid' to global markets

 Exploring partnerships between global companies and local entrepreneurs 

Description

 The idea that commercial engagement with world’s poorest (the Bottom of the Pyramid, BOP) presents corporations the opportunity to ‘do well while doing good’, is rapidly becoming part of mainstream corporate strategy. Professor C K Prahalad has made an eloquent case to this effect in his recent book The Fortune at the Bottom of the Pyramid.  

Local entrepreneurship holds two vital keys in this emerging conversation:

ü       Local entrepreneurs represent the vital ‘last leg’ of distribution systems that get a range of products to BOP markets. HLL’s Shakti network or Grameen Telephone Ladies are excellent example of how local entrepreneurship has been used to get products to distant customers. 

ü       Organizing local entrepreneurs and connecting their outputs to the world markets presents some of the most compelling opportunities for social enrichment through corporate intervention. ITC’s eChoupals and Pepsi’s Contract Farms are examples of a large corporation adding value by organizing small-scale producers. 

Entrepreneurs who are thus organized around a corporate banner have greater economic return, security, dignity and the freedom to operate than their unorganized brethren. 

As part of the Jeevika: South Asian Documentary Festival, CCS and ASSOCHAM are organizing a seminar on “Poverty, Profits & Entrepreneurship” to hear from corporate representatives who work extensively with local entrepreneurial networks to understand their perspective of the circumstances in which such networks are effective, the social change their bring about and the potential of applying these lessons to other unorganized sectors. 

The panels consist of corporate managers who are running rural and urban networks,  representatives from group representing such entrepreneurs to talk about the impact of organization from their perspective and other stakeholders who are studying or documenting the phenomena. 

How to Participate

 Please confirm your participation in the seminar by emailing us your brief profile latest by January 20 to ccsprograms@gmail.com

 For further information, contact:

Sachin Rao

Senior Research Associate, Centre for Civil Society

K-36 Hauz Khas Enclave, New Delhi 110016

2652 1882/ 2653 7456/ 98997 17875; ccsprograms@gmail.com; www.ccsindia.org