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Entrepreneurial Solutions for Prosperity in BoP Markets
There has been immense worldwide excitement about the potential of Bottom of the Pyramid (BoP) businesses to help impoverished societies escape poverty. Unfortunately, many BoP firms are locked in a "survival trap" that keeps them small, inefficient, and unprofitable. Now, Eric Kacou identifies breakthrough business models, operational techniques, and leadership approaches that can help BoP businesses grow rapidly, successfully, and profitably. Drawing from his immense on-the-ground experience in Africa’s most challenging business environments, Kacou shows how companies can overcome the Survival Trap mindset that breeds dependence, mistrust, and failure. Next, he takes readers inside the Rwandan metamorphosis: the economic miracle that CNN’s Fareed Zakaria calls Africa’s biggest success story. Kacou shows how to address the needs of all core stakeholders. He concludes with integrated recommendations for local entrepreneurs, global businesses, governments, and international organizations: guidance that can truly launch a "virtuous cycle" of prosperity creation. For all entrepreneurs, policymakers, NGO professionals, and leaders who want to make BoP businesses work.
Escaping the Survival Trap at the Bottom of the Pyramid
This Element is an excerpt from Entrepreneurial Solutions for Prosperity in BoP Markets: Strategies for Business and Economic Transformation (9780137079261) by Eric Kacou. Available in print and digital formats. Why the world’s poorest stay so poor: understanding the real root cause to create solutions that really work. Finding ways to solve poverty while tapping into economic opportunity at the “Bottom of the Pyramid” requires that we discover why poverty persists. Getting to the root cause requires we look at the problem from the perspective of typical individuals in “Bottom of the Pyramid” markets. Let’s consider them.
Fly Africa
Africa is brimming with potential and enthusiasm. With foresight and commitment from industry leaders and support from governments, aviation could become one of the continent's great strengths. Yet today, Africa's aviation industry lags behind much of the world, the disparity visible in its run-down airports and its airlines. But this discrepancy is not inevitable.. In Fly Africa, Hassan El-Houry, a pioneer in the African aviation industry, and Eric Kacou, an African strategist and investor, explain how the continent reached its current state, examining the huge disparities between Africa's handful of hubs and its many underserved cities and countries. Then they map a route to transforming the continent's aviation, highlighting its existing champions and illustrating the effects aviation can have on other sectors. Aviation can provide a lifeline to revitalize national economies throughout Africa and contribute to development. This book--a must-read for anyone who believes in Africa--shows how it's possible.
Business Strategies for the Bottom of the Pyramid (Collection)
3 extraordinary books show how to build “bottom of the pyramid” businesses that are sustainable, scalable, and profitable! Three remarkable books help you overcome the pitfalls of “bottom of the pyramid” business, learn from the pioneers’ successes and failures, and build “BoP” businesses that are sustainable, scalable, and consistently profitable! In Entrepreneurial Solutions for Prosperity in BoP Markets: Strategies for Business and Economic Transformation, Eric Kacou shows how to escape the “survival trap” that keeps many BoP businesses small, inefficient, and unprofitable. Drawing on his unique on-the-ground experience in Africa’s most challenging business environment...
Africans Investing in Africa
Africans Investing in Africa explores intra-African trade and investment by showing how, where and why Africans invest across Africa; to identify the economic, political and social experiences that hinder or stimulate investment; and to highlight examples of pan-African investors.
Africa's Third Liberation
Africa has experienced two liberations: the first from colonial and racist regimes, and the second from the autocrats who often followed foreign rule. African countries now have the potential to undertake a third liberation - from political economies characterised by graft, crony capitalism, rents-seeking, elitism and social inequality. This third liberation will open up the economic space in which business can compete - a necessary condition for expanding employment. During the 2000s, the continent had its best growth decade on record since independence. High commodity prices offer a launch pad for sustained growth and employment creation. Now is the moment for African countries to act. Thi...
How Indian Business Went Global
This book is an intimate and a rare collection of more than 30 stories of top Indian business leaders about how late Professor CK Prahalad inspired and guided them through their most painful journey after the 1991 Economic Reforms. Most of them, who didn’t think they could survive the MNC onslaught, went on to build profitable global enterprises. At a time when most business and management ideas are getting debunked CK’s radical approach to strategy, managing people, leadership, teaching, and life, will continue to be relevant and will interest business leaders, entrepreneurs, policy makers, students and the academia around the world. The first edition, published in 2014, covered a wide area and was perceived as CK’s biography. This edition covers more business pole-vaulting stories with a separate chapter on India’s mammoth potential to become a global leader in healthcare. This book is an invitation to celebrate and learn from one of the world’s greatest management thinkers. “CK was gathering us like a shepherd would gather his flock and was essentially bent on chastising us for what we hadn’t done and how we could do.” Anand Mahindra, Chairman, Mahindra Group
Breaking the Cycle
Burundi, situated in the heart of the Great Lakes Region, is one of the poorest nations in the world. Beset by coups d'tats, presidential assassinations and genocide, the country has been caught in a cycle of violence and under-development whereby brief periods of peace have been followed by further state repression and armed conflict. The 2000 Arusha peace accords, the Pretoria agreement of late 2003, the peaceful elections of 2005, and the recent Dar es Salaam peace agreement with the Forces Nationales de Libration have ushered in a period of relative stability. This fragile political process, however, has not been matched by a parallel rebound in economic growth that has been observed in ...
Our Lady of Kibeho
Thirteen years before the bloody 1994 genocide that swept across Rwanda and left more than a million people dead, the Virgin Mary and Jesus Christ appeared to eight young people in the remote village of Kibeho. Through these visionaries, Mary and Jesus warned of the looming holocaust, which they assured could be averted if Rwandans opened their hearts to God and embraced His love.
How Firms Cope with Crime and Violence
Crime and violence inflict high and rising costs on the private sector, equivalent to several points of GDP loss. In light manufacturing, international purchasers quickly shift know-how and capital to less violent destinations and behind the statistics are human costs: lost jobs, working capital spent on security, contraband, fraud and corruption.
