Only Business Can Solve Poverty
There’s nothing mysterious here. Poor people tell us they’re poor because they don’t have enough money—and who knows more about making money than businesspeople? Capital, Jobs, Scale Private business possesses three overarching and undeniable advantages in addressing the challenge of poverty: Profitable businesses attract substantial capital. Successful businesses hire lots of people. Successful businesses are […]
8 Insights from the Mind of an Intrapreneur
The inaugural 3-day Intrapreneur Lab offered a unique and intimate insight into the minds of today’s leading ‘social intrapreneurs;’ the enterprising individuals working on the inside of large corporations to create innovative business solutions that drive social change. Of course, entrepreneurial employees with noble motives have been part of large companies for years, but increasingly, […]
The Challenges of Going to Scale – A BIF Perspective
In our latest BIF insider “Scaling Inclusive Business – Why do some successful IB pilots fail to scale”, Jack Newnham identifies and examines seven broad reasons why some inclusive businesses do not go to scale. The publication draws on a range of examples (mostly not related to BIF), illustrating which hurdles could and could not […]
Combatting Modern-Day Slavery
How many slaves work for you? Paradoxically – in 2013 – the question is still very relevant, and you might be surprised by the answer. Depending on where you live, what you buy, what your lifestyle is, you have almost certainly been touched by slavery. Almost nobody is clean. Modern-day slavery takes many forms: human […]
How to Change the Way the World is Fed?
As we mark World Food Day this week, we are greeted by the news that 842 million people – about one in eight – are still chronically hungry. Although this represents an improvement on the figures from previous years, it is not enough, and it looks like we are at risk of missing the Millennium […]
Investigating Inclusive Business Models in Africa
Woolworths through its Good Business Journey, has a comprehensive plan to make a difference in six priority areas: sustainable farming, protecting water supplies, reducing energy use, improving the management of waste, making a significant contribution to social development and supporting transformation initiatives As part of the company’s CSR investment, Woolworths was the first and main […]
HOW-TO MANAGE MISSION-RELATED MARTYRDOM
Every social entrepreneur knows there if is a huge difference between burnout and bummed out. Some days, indeed most days, we in the social sector are grieving over deplorable income inequality, the pathology of poverty, grinding gender discrimination and the talent loss of economic inopportunity. As Jessamyn Lau, formerly of the Peery Foundation, notes, “There […]
The Best Social Innovations of 2013
The SAB Foundation has announced the finalists of its 3rd Annual Social Innovation Awards 2013. A total of 26 finalists will vie for the R1-million first place prize, which will be used to grow and commercialise their product or service. The SAB Foundation Social Innovations Awards was first launched in 2011 by its chairperson, Cyril […]
7 Trends Shaping Africa’s Youth Employment Challenge
In 2001, Charles Maisel started a social enterprise because he saw potential in the young men who sit on the roadside in South Africa’s townships waiting to be hired for a day’s labor. He then flipped the problem into a solution. Charles understood the barriers: the short-term and unreliable nature of employment in the informal […]
Creating Opportunities for Rural Girls in India
A two-year-old girl named Arshi was one of last people in India to get polio. Her case is remarkable for a number of reasons. First and most obvious, her case – now more than two years old – shows the tremendous strides we’ve made against polio. There has been no case of wild polio in […]
Partnerships: The Best Hope of Transforming the Future
Many companies, like those who attended the recent event in New York (watch the video below) on “A New Global Partnership with Business”, are actively thinking about their role in helping deliver the Post-2015 sustainable development agenda. And that contribution is huge. In his speech to the General Assembly, UN Secretary General Ban Ki-moon, recognized […]
What a Waste!
When India changes its urban waste management system, it matters. Ashoka Fellow Ravi Agarwal has spent the past two decades moving mountains… of rubbish. He is counting on the youth to give the final push. With global waste measured in millions of tonnes, it is easy to question whether recycling your water bottle or daily […]
Doing Well By Doing Good In Colombia
The EPM Group is a Colombian utility company that provides water, domestic gas and electricity in Colombia and other countries like Guatemala, El Salvador, Panama, Mexico and Chile. Many of our clients belong to the low-income segment of the population. Instead of discouraging us, this reality has become a challenge in which innovation and, above […]
Transforming India's Urban Waste Management System
When India changes its urban waste management system, it matters. Ashoka Fellow Ravi Agarwal has spent the past two decades moving mountains… of rubbish. He is counting on the youth to give the final push. With global waste measured in millions of tonnes, it is easy to question whether recycling your water bottle or daily […]
Transforming India’s Urban Waste Management System
When India changes its urban waste management system, it matters. Ashoka Fellow Ravi Agarwal has spent the past two decades moving mountains… of rubbish. He is counting on the youth to give the final push. With global waste measured in millions of tonnes, it is easy to question whether recycling your water bottle or daily […]
Enterprise-Driven Innovation in South Africa
Encouraging and fostering entrepreneurship is increasingly viewed as the best way to empower communities and bring about social change. Large corporations are joining in cross-sector collaborations with public bodies to support impact investment projects that accelerate social and environmental improvements. SABMiller has long placed Enterprise Development at the core of its long-term Sustainable Development strategy. […]
Achieving Scale
Scale is the single biggest unmet challenge in development and impact investment today. IDE, the development organization I founded, has helped some 20 million people living on a $1/day move out of poverty, but this is a drop in the bucket compared to the 2.7 billion people still living on less than $2/day. About the […]
It's Africa's Time: Encouraging Inclusive Business Models in Africa
While Africa’s challenges are well documented, there’s an increasing recognition that the continent is on an upward trajectory. And yet Africa’s wealth disparities are amongst the biggest in the world and over the long run this will undermine economic growth, productivity and the development of markets. Economic growth alone is not enough. As a result […]
It’s Africa’s Time: Encouraging Inclusive Business Models in Africa
While Africa’s challenges are well documented, there’s an increasing recognition that the continent is on an upward trajectory. And yet Africa’s wealth disparities are amongst the biggest in the world and over the long run this will undermine economic growth, productivity and the development of markets. Economic growth alone is not enough. As a result […]
Challenges and Lessons in Selling Nutritious Foods to the Poor
Following the Nutrition for Growth event in June and the expansion of the New Alliance for Food Security and Nutrition, there is more interest than ever in using markets to tackle undernutrition, especially the so-called ‘hidden hunger’ of micronutrient deficiencies. Some big businesses are trying to make low-cost products that are fortified with key nutrients, […]