Poverty Alleviation and Profitability Research
Poverty alleviation, historically, has been at the forefront of public policy debate with international agencies (e.g., UNDP) governmental bodies (e.g., AUS-AID) and NGO's (e.g., World Vision) leading these policy efforts.
More recently, businesses have become more actively involved in poverty alleviation and there is recognition that businesses are more than profit making entities. For example, the UNDP proactively calls for businesses to engage in poverty alleviation broadly and in the specific context of meeting the eight 2015 millennium goals.
The Poverty Alleviation and Profitability Research Group attempts to understand the context in which poverty alleviation can occur and businesses can make profits, simultaneously. This counter intuitive proposition raises a myriad of challenges (e.g., ethical, economic and strategic). This group will aim to identify these challenges and rigorously examine these challenges.
The group will also hold events, such as the Poverty Alleviation and Profitability Roundtable
There are very few experts globally who can claim to have an informed and researched opinion on Poverty Alleviation through Profitability. One such rare thought leader is Jaideep Prabhu a Jawaharlal Nehru Professor of Indian Business and Enterprise, Director of the Centre for India & Global Business at the Cambridge Judge Business School. He is also the co-author of the best-selling book ... Read More
Poverty Alleviation and Profitability : Can businesses alleviate poverty whilst making profits? 21 Aug 2013
The very notion of alleviating poverty through profitable ventures seems a counterintuitive concept, because businesses are meant to be entities that make profits at all costs. However business is still run by human beings and most of us do care about the impact we can make on the world. Based on evidence there are 2 methods by which a business can achieve that positive impact in society and ... Read More