The Edelman communications and public relations firm recently released "Business and International Development,"
a survey of what businesses are expected to contribute to international
development and what their responsibilities are. The participants
surveyed were anonymous, but represented leaders from the business,
NGO, and media community. (25 Fortune 500 executives, 10 NGO
executives, 6 journalists, 4 investment analysts).
The survey
revealed the general confusion about how much and in what domains
business should engage in international development(ID). I won't
summarize the findings here, I'll just mention the ones that surprised
me or stimulate further questions. Your thoughts and comments (from the most basic to advanced) are welcome-don't be shy!
1)
All groups seemed to recognize that businesses can and should engage in
activities that benefit local communities, and can do so profitably.
That's an encouraging and huge change in perception. Some of the
benefits listed:
-creation of jobs and enterprises "Establishing facilities and creating jobs are , in my opinion the best thing a company can do." (Financial services company)
-infrastructure-related improvements which increase access to/reduce costs of technology, nutrition, water and sanitation
-microfinancial services
-managerial expertise conferred to local NGOs, other groups, government


add to del.icio.us
add to digg
related at technorati


On Market Creation at the Base of the Pyramid: It Isn't Easy
On Taking BoP Strategies To Scale Pt. 3: World-Class Healthcare for the World’s Poor
On Drishtee: Rural Health Franchising
On Reviewing a New BoP Critique Published in Innovations Journal
On Connecting Base of the Pyramid Producers to Markets