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Ted London
Ted London is an American scholar and teacher on Bottom of the pyramid, Base of the Pyramid (BoP) issues. He is the Ford Motor Company Clinical Professor of Business Administration at the Ross School of Business, Stephen M. Ross School of Business at the University of Michigan. London is an internationally recognized expert on the intersection of Strategic management, business strategy anpoverty alleviation. Academic experience and research London's research focuses on how organizations can achieve impact at scale with a particular focus on building sustainable enterprises in low-income markets. His work has been published in academic and practitioner journals, as well as in books and book chapters. In 2009, London published "Making Better Investments at the Base of the Pyramid" in the ''Harvard Business Review''. This article addresses how companies can build a value creation strategy that is based on alleviating poverty. In 2010, ''Next Generation Business Strategies for the ...
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Bottom Of The Pyramid
The bottom of the pyramid, bottom of the wealth pyramid or the bottom of the income pyramid is the largest, but poorest socio-economic group. In global terms, this is the 2.7 billion people who live on less than $2.50 a day. Management scholar CK Prahalad popularised the idea of this demographic as a profitable consumer base in his 2004 book ''The Fortune at the Bottom of the Pyramid,'' written alongside Stuart Hart. History U.S. president Franklin D. Roosevelt used the term in his April 7, 1932 radio address, ''The Forgotten Man'', in which he said, The more current usage refers to the billions of people living on less than $2.50 per day, the definition proposed in 1998 by C.K. Prahalad and Stuart L. Hart. It was subsequently expanded upon by both in their books: ''The Fortune at the Bottom of the Pyramid'' by Prahalad in 2004 and ''Capitalism at the Crossroads'' by Hart in 2005. Prahalad proposes that businesses, governments, and donor agencies stop thinking of the p ...
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Research Fellow
A research fellow is an academic research position at a university or a similar research institution, usually for academic staff or faculty members. A research fellow may act either as an independent investigator or under the supervision of a principal investigator. Although research fellow positions vary in different countries and academic institutions, it is in general that they are junior researchers who try to develop their research careers under the guidance of senior researchers. United Kingdom In many universities this position is a career grade of a ''Research Career Pathway'', following on from a postdoctoral position such as research associate, and may be open-ended, subject to normal probation regulations. Within such a path, the next two higher career grades are usually senior research fellow and professorial fellow. Although similar to the position of a research fellow, these two positions are research only posts, with the rise of the career grade there will normal ...
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Business Development
Business development entails tasks and processes to develop and implement growth opportunities within and between organizations. It is a subset of the fields of business, commerce and organizational theory. Business development is the creation of long-term value for an organization from customers, markets, and relationships. Business development can be taken to mean any activity by either a small or large organization, non-profit or for-profit enterprise which serves the purpose of ‘developing’ the business in some way. In addition, business development activities can be done internally or externally by a business development consultant. External business development can be facilitated through Planning Systems, which are put in place by governments to help small businesses. In addition, reputation building has also proven to help facilitate business development. Overview In the limited scholarly work available on the subject, business development is conceptualized as or relate ...
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Conservation International
Conservation International (CI) is an American nonprofit environmental organization headquartered in Crystal City, Arlington, Virginia. CI's work focuses on science, policy and partnership with businesses, governments and communities. The organization employs nearly 1,000 people and works with more than 2,000 partners in 29 countries. CI has helped support 1,200 protected areas and interventions across 77 countries, protecting more than 6 million square kilometers (2.3 million square miles) of land and sea. History Conservation International was founded in 1987 with the goal of protecting nature for the benefit of people. In 1989, CI formally committed to the protection of biodiversity hotspots, ultimately identifying 36 such hotspots around the world and contributing to their protection. The model of protecting hotspots became a key way for organizations to do conservation work. On July 1, 2017, Peter Seligmann stepped down as CEO of CI and a new executive team made up of se ...
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Indonesia
Indonesia, officially the Republic of Indonesia, is a country in Southeast Asia and Oceania between the Indian and Pacific oceans. It consists of over 17,000 islands, including Sumatra, Java, Sulawesi, and parts of Borneo and New Guinea. Indonesia is the world's largest archipelagic state and the 14th-largest country by area, at . With over 275 million people, Indonesia is the world's fourth-most populous country and the most populous Muslim-majority country. Java, the world's most populous island, is home to more than half of the country's population. Indonesia is a presidential republic with an elected legislature. It has 38 provinces, of which nine have special status. The country's capital, Jakarta, is the world's second-most populous urban area. Indonesia shares land borders with Papua New Guinea, East Timor, and the eastern part of Malaysia, as well as maritime borders with Singapore, Vietnam, Thailand, the Philippines, Australia, Palau, and India ...
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General Manager
A general manager (GM) is an executive who has overall responsibility for managing both the revenue and cost elements of a company's income statement, known as profit & loss (P&L) responsibility. A general manager usually oversees most or all of the firm's marketing and sales functions as well as the day-to-day operations of the business. Frequently, the general manager is responsible for effective planning, delegating, coordinating, staffing, organizing, and decision making to attain desirable profit making results for an organization (Sayles 1979). In many cases, the general manager of a business is given a different formal title or titles. Most corporate managers holding the titles of chief executive officer (CEO) or president, for example, are the general managers of their respective businesses. More rarely, the chief financial officer (CFO), chief operating officer (COO), or chief marketing officer (CMO) will act as the general manager of the business. Depending on the ...
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Peace Corps
The Peace Corps is an independent agency and program of the United States government that trains and deploys volunteers to provide international development assistance. It was established in March 1961 by an executive order of President John F. Kennedy Executive Order 10924 and authorized by Congress the following September by the Peace Corps Act. Kennedy first publicly proposed the Peace Corps during his 1960 presidential campaign as a means to improve America's global image and leadership in the Cold War; he cited the Soviet Union's deployment of skilled citizens "abroad in the service of world communism" and argued the U.S. must do the same to advance values such as democracy and liberty. The Peace Corps was formally established within three months of Kennedy's presidency, garnering both bipartisan congressional support and popular support, particularly among recent university graduates. The official goal of the Peace Corps is to assist developing countries by providing skil ...
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Malawi
Malawi (; or aláwi Tumbuka: ''Malaŵi''), officially the Republic of Malawi, is a landlocked country in Southeastern Africa that was formerly known as Nyasaland. It is bordered by Zambia to the west, Tanzania to the north and northeast, and Mozambique to the east, south and southwest. Malawi spans over and has an estimated population of 19,431,566 (as of January 2021). Malawi's capital (and largest city) is Lilongwe. Its second-largest is Blantyre, its third-largest is Mzuzu and its fourth-largest is its former capital, Zomba. The name ''Malawi'' comes from the Maravi, an old name for the Chewa people who inhabit the area. The country is nicknamed "The Warm Heart of Africa" because of the friendliness of its people. The part of Africa now known as Malawi was settled around the 10th century by migrating Bantu groups . Centuries later, in 1891, the area was colonised by the British and became a protectorate of the United Kingdom known as Nyasaland. In 1953, it became ...
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Business Valuation
Business valuation is a process and a set of procedures used to estimate the economic value of an owner's interest in a business. Here various valuation techniques are used by financial market participants to determine the price they are willing to pay or receive to effect a sale of the business. In addition to estimating the selling price of a business, the same valuation tools are often used by business appraisers to resolve disputes related to estate and gift taxation, divorce litigation, allocate business purchase price among business assets, establish a formula for estimating the value of partners' ownership interest for buy-sell agreements, and many other business and legal purposes such as in shareholders deadlock, divorce litigation and estate contest. Specialized business valuation credentials include the Chartered Business Valuator (CBV) offered by the CBV Institute, ASA and CEIV from the American Society of Appraisers, and the CVA by the National Association of Certifi ...
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Deloitte
Deloitte Touche Tohmatsu Limited (), commonly referred to as Deloitte, is an international professional services network headquartered in London, England. Deloitte is the largest professional services network by revenue and number of professionals in the world and is considered one of the Big Four accounting firms along with EY (Ernst & Young), KPMG and PricewaterhouseCoopers (PWC). The firm was founded by William Welch Deloitte in London in 1845 and expanded into the United States in 1890. It merged with Haskins & Sells to form Deloitte Haskins & Sells in 1972 and with Touche Ross in the US to form Deloitte & Touche in 1989. In 1993, the international firm was renamed Deloitte Touche Tohmatsu, later abbreviated to Deloitte. In 2002, Arthur Andersen's practice in the UK as well as several of that firm's practices in Europe and North and South America agreed to merge with Deloitte. Subsequent acquisitions have included Monitor Group, a large strategy consulting business, in Janu ...
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Peter Drucker
Peter Ferdinand Drucker (; ; November 19, 1909 – November 11, 2005) was an Austrian-American management consultant, educator, and author, whose writings contributed to the philosophical and practical foundations of the modern business corporation. He was also a leader in the development of management education, he invented the concept known as management by objectives and self-control, and he has been described as "the founder of modern management". Drucker's books and articles, both scholarly and popular, explored how humans are organized across the business, government, and nonprofit sectors of society.Why Drucker Now?
, Drucker Institute.
He is one of the best-known and most widely influential thinkers and writers on the subject of management theory and practice. His writings have predicted many of the ma ...
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Bachelor Of Science
A Bachelor of Science (BS, BSc, SB, or ScB; from the Latin ') is a bachelor's degree awarded for programs that generally last three to five years. The first university to admit a student to the degree of Bachelor of Science was the University of London in 1860. In the United States, the Lawrence Scientific School first conferred the degree in 1851, followed by the University of Michigan in 1855. Nathaniel Southgate Shaler, who was Harvard's Dean of Sciences, wrote in a private letter that "the degree of Bachelor of Science came to be introduced into our system through the influence of Louis Agassiz, who had much to do in shaping the plans of this School." Whether Bachelor of Science or Bachelor of Arts degrees are awarded in particular subjects varies between universities. For example, an economics student may graduate as a Bachelor of Arts in one university but as a Bachelor of Science in another, and occasionally, both options are offered. Some universities follow the Oxford a ...
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