Underserved markets communities made up of low- to moderate-income consumers represent a multi-trillion dollar opportunity that has been largely ignored by most companies. With tremendous production and distribution potential, and growing workforce and supplier bases, these base of the pyramid markets are host to some of the fastest growing business opportunities around. They fill corporations most pressing needs: increased sales, qualified workforces, reduced costs, and increased quality. Based on rigorous research on the success strategies employed by pioneering corporations, Untapped offers practical, tested tools for engaging consumers, workers, and suppliers to address the needs of both the corporation and the community.
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The authors have taken a complex subject and made it clear and understandable. They describe both success strategies and pitfalls, giving practical advice that will help managers create value for company and community alike. I heartily endorse this book.
Bob Stiller, President and CEO, Green Mountain Coffee Roasters, winner of Forbes magazine s 2001 Entrepreneur of the Year Award
" . a highly readable and practical analysis of how companies from diverse industries have adapted their business models and practices to succeed in markets previously considered unattractive. This book can help readers reach these markets profitably as well as have the satisfaction of making a difference in underserved communities."
Pamela Flaherty, Senior Vice President for Global Community Relations, Citigroup, winner of the 2005 Corporate Design Award, Global Green USA
This book explains complex situations through clear, concise, real world examples that allow the reader to quickly grasp the concepts and see how they can be applied to achieve the desired Win-Win outcome: good products and services at fair prices for communities and a long term profitable result for businesses.
Ed Charlebois, Vice President, Travelers Personal Lines, St. Paul Travelers, former chairman, National Insurance Task Force, winner of the Community Development Corporation of Long Island's Opportunity Award
As we engage with communities, there is a constant creative tension in figuring out what we can give, and what we can get. Untapped examines this issue from a corporate perspective analyzing the challenges and opportunities in creating value by first empowering an underserved community.
Russell Simmons, Chairman and CEO, Rush Communications, winner of the NAACP Lifetime Achievement Award
Bob Stiller, President and CEO, Green Mountain Coffee Roasters, winner of Forbes magazine s 2001 Entrepreneur of the Year Award
" . a highly readable and practical analysis of how companies from diverse industries have adapted their business models and practices to succeed in markets previously considered unattractive. This book can help readers reach these markets profitably as well as have the satisfaction of making a difference in underserved communities."
Pamela Flaherty, Senior Vice President for Global Community Relations, Citigroup, winner of the 2005 Corporate Design Award, Global Green USA
This book explains complex situations through clear, concise, real world examples that allow the reader to quickly grasp the concepts and see how they can be applied to achieve the desired Win-Win outcome: good products and services at fair prices for communities and a long term profitable result for businesses.
Ed Charlebois, Vice President, Travelers Personal Lines, St. Paul Travelers, former chairman, National Insurance Task Force, winner of the Community Development Corporation of Long Island's Opportunity Award
As we engage with communities, there is a constant creative tension in figuring out what we can give, and what we can get. Untapped examines this issue from a corporate perspective analyzing the challenges and opportunities in creating value by first empowering an underserved community.
Russell Simmons, Chairman and CEO, Rush Communications, winner of the NAACP Lifetime Achievement Award