In this 5th Anniversary Edition of The Fortune at the Bottom of the Pyramid, Prahalad updates his book to give readers a picture of how this idea is being implemented in poor regions around the world. Prahalad also offers an up-to-the-minute assessment of key questions such as: Is there truly a market? Is there scale? Is there profit? Is there innovation? Is this a global opportunity? Five years ago, executives could be hopeful that the answers to these questions would be positive. Now, as Prahalad demonstrates, they can be certain of it.
Next Generation Business Strategies for the Base of the Pyramid shares proven, “on-the-ground” insights for building “Base of the Pyramid” businesses that really
are sustainable and green,
will help alleviate social ills, and
can scale to significant size and profitability. Its “second-generation” techniques reflect crucial lessons learned by “BoP” pioneers: lessons that dramatically increase the likelihood of success.
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. In Entrepreneurial Solutions for Prosperity in BoP Markets, Eric Kacou identifies breakthrough business models, operational techniques, and leadership approaches that can help BoP businesses grow rapidly, successfully, and profitably.
