http://www.nextbillion.net/multimedia/2005/12/07/private-development-banking-managing-the-tensions Comments for "Private Development Banking: Managing the Tensions" en http://www.nextbillion.net/multimedia/2005/12/07/private-development-banking-managing-the-tensions <div class="flexinode-body flexinode-5"><div class="flexinode--8"> <strong>Session Title: </strong><br /> Measuring Success at the Base of the Pyramid</div> <div class="flexinode--12"> <strong>Date of talk or publication: </strong><br /> 2005</div> <div class="flexinode--9"> <strong>Speaker Name / Title: </strong><br /> David Porteous</div> <div class="flexinode--10"> <strong>Organization: </strong><br /> Bankable Frontier Associates</div> <div class="flexinode--11"> <strong>Description: </strong><br /> Businesses face growing pressure to combine profit maximizing behavior with concern for social impact in a so-called “double bottom line approach.” Since Adam Smith, the two bottom lines have been seen as aligned in theory, but often in tension in practice. Recently, C.K. Prahalad demonstrated that the tension might not be inevitable to the extent that a positive social impact on the poor can emerge as a by-product of the normal profit seeking activities of firms in low-income markets. Private businesses that seek to integrate profit maximization with achieving a positive social impact are nevertheless usually thought to be dynamically unstable, stunted in their growth, and vulnerable to single-minded competitors on one hand, and diluted in their social impact on the other.<br class="clear" /></div> </div> http://www.nextbillion.net/multimedia/2005/12/07/private-development-banking-managing-the-tensions#comment Financial Services General Banking Strategy Wed, 07 Dec 2005 16:29:24 -0500 John Paul 1911 at http://www.nextbillion.net