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Profitable business models and market creation in the context of deep poverty: a strategic view

Seelos, Christian - ; Mair, Johanna - ;

The bottom of the pyramid (BOP) in the global distribution of income has been promoted as a significant opportunity for companies to grow profitably. Under the BOP approach, poor people are identified as potential customers who can be served if companies learn to fundamentally rethink their existing strategies and business models. This involves acquiring and building new resources and capabilities and forging a multitude of local partnerships. However, current BOP literature remains relatively silent about how to actually implement such a step into the unknown. We use two BOP cases to illustrate a strategic framework that reduces managerial complexity. In our view, existing capabilities and existing local BOP models can be leveraged to build new markets that include the poor and generate sufficient financial returns for companies to justify investments.Printed Journal


Ketersediaan

Call NumberLocationAvailable
AMP2104PSB lt.dasar - Pascasarjana1
PenerbitBriarcliff Manor, NY: Academy of Management 2007
EdisiVol. 21, No. 4, Nov., 2007
SubjekProfitability
Social entrepreneurship
Sustainable development
Business models
Strategic alliances
Resource-based view (RBV)
Bottom of the Pyramid (BOP)
market creation
deep poverty
ISBN/ISSN15589080
KlasifikasiNONE
Deskripsi Fisik15 p.
Info Detail SpesifikAcademy of Management Perspectives
Other Version/RelatedTidak tersedia versi lain
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