Once companies like those Paul Polak and Mal Warwick envision are up and running and looking to the capital markets, I’m confident they will provide the opportunities for funding to help put an end to global poverty.” —Wayne Silby, Founding Chair, Calvert Funds “The failure of foreign aid and other efforts by outsiders to end poverty in developing countries is no secret. For beginners – You’ll find this to be a good primer if you’re a learner with little or no prior experience/knowledge. This expensive failure underscores that only a market-based mechanism can make a difference. The report comprehensively analyzes the causes of poverty and recommends ways to accelerate poverty reduction and achieve more inclusive growth. She defines poverty as a lack – that is living without hope, better foods, medicinal care, proper sanitation, and proper education. What we say here about books applies to all formats we cover. Chapter 4–Why Business Is Best Equipped to Fight Global Poverty PART TWO: ZERO-BASED DESIGN AND THE BOTTOM BILLIONS Chapter 5–What to Do Before You Launch Your Business Chapter 6–The Ruthless Pursuit of Affordability Chapter 7–Zero-Based Design in Practice: Low-Cost Drip Irrigation Chapter 8–Design for The Market Chapter 9–Zero-Based Design in Practice: A Cautionary Tale Chapter 10–Design for Scale Chapter 11–Zero-Based Design in Practice: Safe Drinking Water for Small Villages Chapter 12–Design for Delivery the Last 500 Feet Chapter 13–Building a Mission-Driven Global Business PART THREE: OPPORTUNITIES ABOUND Chapter 14–It's Your Turn Now Takeaways What We Say to Critics Notes Acknowledgments Index About the Authors Discussion Guide, Sign up for news about books, authors, and more from Penguin Random House, Visit other sites in the Penguin Random House Network. The business solution to poverty : designing products and services for three billion new customers. Whatever we select for our library has to excel in one or the other of these two core criteria: Enlightening – You’ll learn things that will inform and improve your decisions. The authors outline workable strategies and offer examples of successes and failures. Microfinancing. To reduce poverty in these areas, the following are suggested: provision of electricity, pipe borne water, boreholes, good roads, more school and teachers, agro-allied industries to offer employment, free education and provision of scholarship, allowances for old people, credit facilities to enable people establish their business, monitoring of programmes to ensure that benefits reach the intended targets … The Business Solution to Poverty is a challenging book - especially if one has given over his soul to working with a Non-Governmental Agency (Rotary) to do good in the world. Key Programs to Help Reduce Poverty in the Philippines By. Get this from a library! The Business Solution to Poverty Designing Products and Services for Three Billion New Customers (eBook) : Polak, Paul But we can mention some ways and solutions to minimize the number of poor people. Executive summary Scholars and practitioners increasingly argue that entrepreneurship is a critical means of extreme poverty alleviation and research on this topic is growing (Bruton et al., 2013). getAbstract recommends the authors’ illuminating work to transnational executives, entrepreneurs, inventors, investors, international development officers, NGOs and anyone who seeks viable answers to the problem of world poverty. Engaging – You’ll read or watch this all the way through the end. In summary, we need to balance the greed of corporations with the needs of our people. The Business Solution to Poverty guides you to better understand who these customers are, how they interact with supply chains, and how you can get to know them better. Review. By learning how to serve them ethically and effectively, businesses can earn handsome profits while helping to solve one of the world’s most intractable problems. Read this book and change the world!” —Deborah Nelson, Executive Director, Social Venture Network “I visited several small poor villages in rural Orissa where Spring Health, one of the companies this book describes, sells safe drinking water. | ISBN 9781609940775 Yet well-intentioned aid has so far not made a dent in poverty levels. Those in the “Global South” have received $2.3 trillion in assistance since the end of World War II but they are no richer. Billions of impoverished people remain outside the scope of typical trade, but they are potential customers far from saturated northern markets. Insider’s take – You’ll have the privilege of learning from someone who knows her or his topic inside-out. We are experiencing technical difficulties. Helpful – You’ll take-away practical advice that will help you get better at what you do. These 2.7 billion people are not just the world’s greatest challenge—they represent an extraordinary market opportunity. Dr. Paul Polak, author of 'Out of Poverty: What Works When Traditional Approaches Fail' and co-author of 'The Business Solution to Poverty'. However, this research remains fragmented, espousing distinct assumptions and perspectives. I believe Spring Health will grow quickly into a very big company. Paul Polak and Mal Walwick. They offer an alternative – a proven “business method that transforms the poor into employees of profitable local enterprises and improves improve their quality of life. This book opens an extraordinary opportunity for nimble entrepreneurs, investors, and corporate executives that will result not only in vibrant, growing businesses but also a better life for the world’s poorest people. It is like an acid that destroys pride, honor, health, and future. The Business Solution To Poverty, Designing Products and Services For Three Billion New Customers Paul Polak and Mal Warwick’s new book, The Business Solution to Poverty: Designing Products and Services for Three Billion New Customers, offers a bold and … They propose to harness the power of free enterprise to begin meeting the most basic needs of the poor . By Paul Polak and Mai Warwick (New York: Berrett-Koehler Publishers, 2013) This past weekend, my son participated in Walk for Water, a charity event to raise money to provide water filtration systems to families in a village in Guatemala. Polak’s personal experience delivering needed basic services over the last mile is what makes this book powerful.” —Jay Coen Gilbert, cofounder, B Lab “The Business Solution to Poverty makes a strong case that business, employing innovative technology, can effectively end extreme poverty in collaboration with government and local communities.” —Rajiv J. Shah, Administrator, United States Agency for International Development, Preface Introduction–Eight Keys to Ending Poverty PART ONE: ONLY BUSINESS CAN END POVERTY Chapter 1–“The Poor Are Very Different From You and Me” Chapter 2–What Is “Poverty?” Chapter 3–What Can Government and Philanthropy Do? Sep 09, 2013 Along with the moral and social reasons for doing everything possible to lift people from poverty, companies need new markets and new customers, creating a business case for helping to eliminate global destitution. Paul Polak founded IDE and Windhorse International, and cofounded SpringHealth India. The best pathway out of poverty is a well-paying job. At getAbstract, we summarize books* that help people understand the world and make it better. John E. Wade II. Select the sections that are relevant to you. As entrepreneurs who walk their talk, Polak and Warwick demand that we deliver value to the poor, not catchphrases to the media, and that we do so at a scale commensurate with the need. Eye opening – You’ll be offered highly surprising insights. Concrete Examples – You’ll get practical advice illustrated with examples of real-world applications or anecdotes. Addressing poverty would eliminate a “horrendous waste of human talent,” alleviate tremendous suffering, reduce political repression and violence, and help protect the environment from degradation and overpopulation. Comprehensive – You’ll find every aspect of the subject matter covered. https://www.knowledgeidea.com/causes-of-poverty-and-its-solution The business solution to poverty : designing products and services for three billion new customers. They stress product affordability, simplicity, “aspirational branding” and the potential to scale up. This is a book that cries out to those of all ages who want meaning and purpose in their life. “The Business Solution to Povertyturns Paul Polak’s groundbreaking work to expand affordable irrigation for the dollar-a-day farmer into a compelling and practical vision to eradicate poverty. For business, they include winning new customers, expanding the workforce, and strengthening supply and delivery chains. Poverty can only be truly addressed if you meet four conditions. Designing Products and Services for Three Billion New Customers. Polak and Warwick have produced a gem that teems with easy-to-understand concepts and brilliant examples that show how business can make a historic contribution to improving life conditions in developed and underdeveloped societies.” —Ron Grzywinski, cofounder, ShoreBank “The Business Solution to Poverty is based on decades of experience in eradicating poverty through profitable business. (Long) More sports & fitness centers? Though written with developing countries in mind, the principles of Zero-Based Design can be put to work anywhere. This book is must reading for senior management at every major corporation with global operations.” —Aron Cramer, President and CEO, Business for Social Responsibility “As this extraordinary book makes so clear, business alone possesses the power and the resources to help billions of the world’s poor rise out of poverty. To get back to prerecession employment levels, we must create 5.6 million new jobs. Why are we here, anyway? The Business Solution to Poverty. -Anand Mahindra, Chairman, Mahindra & Mahindra "The Business Solution to Poverty is an incredible resource for values-driven business leaders and entrepreneurs who want to improve performance, foster meaningful social change, and enhance the bottom line. Informed action or analysis ideas and insights on brand-new products or trends problem... 5 won ’ t be summarized million new jobs of use, distinct. 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