Tuesday, 19 November, 10-11am EST (3pm-4pm GMT)
Many leading multinational companies are making long-term bets to expand into new global markets—by implementing inclusive business models to serve the unmet needs of people at the base of the global income pyramid. In addition to unlocking rapid growth and driving scalable, positive social impact, it is estimated that this approach presents a $6 trillion opportunity to businesses in the next decade.
Inclusive business has become increasingly profitable, faster growing and more mainstream as the business case for opportunities across almost every industry has been transformed. When we look across the inclusive business market landscape, it is now radically more:
Digital: because new technologies, business models and ecosystems for identity, supply chains and payments are emerging, maturing and combining to enable greater profitability
Global: because a new generation of companies purpose-built to serve people on low incomes are emerging in the Global South and showing how fast it’s possible to scale up
Connected: because business leaders are learning to link up their innovation and venturing capabilities internally and forging new cross-industry and cross-sector partnerships externally
In this online written discussion, we will look at the implications of this changing landscape, building on a new report from Accenture Development Partnerships, called Reimagining Inclusive Business. The report explores over 300 examples of inclusive business, categorize them into 60 types of models and map them across 13 industries to create the first global market landscape of its kind for this exciting space.
This online discussion will tap into Accenture’s expertise as the global leader in supporting MNC innovation, to provide a variety of perspectives explored in the report on how corporates can use technology to make a deeper and more responsible contribution to inclusive business.
This event is part of the Inclusive Business Boost series funded by the UK Department for International Development.
Kris Ansin, East Africa Director, Accenture Development Partnerships (ADP)
Lionel Bodin, Europe Lead, Accenture Development Partnerships (ADP)
Tom Harrison, Technical Director, Business Innovation Facility
Evin Hipple, Senior Manager, Accenture Development Partnerships (ADP)
Adam Lane, Senior Director, Public Affairs, Huawei Southern Africa
François Lepicard, Senior Partner, Hystra
Moderator: Tatiana Bessarabova, US Engagement, Business Fights Poverty
Q1. What are some of the best examples of new companies that are using technologies and business models that are improving the lives of people on low incomes in profitable ways? How can companies learn from these examples in order to reimagine their own inclusive business?
Q2. What are some of the inherent trade-offs embedded in inclusive business approach that companies may face?
Q3. What role do new uses of technology play? How do intended and unintended, positive and negative consequences play into this?
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