Bottom of the Pyramid People and SMEs

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Bottom of the Pyramid People and SMEs
joseph kwame freitas, Other, Ghana

The development of SME strategies to mobilize the financial resources of the BOP will help get the BOP out of the $2 per day zone.

BOP and Top
Alabamarjara Itama, Entrepreneur, Nigeria
The top dwellers seem to enjoy seeing the BOP dwellers. It's like their 'success or achievment' is measured or recognized by what they can afford but which the BOP can not.
Last year before I knew of CK Prahalad's profound work, I called my little children and discussed with them about the huge business opportunity with the BOP. I charged them to all think about that product or service is needed by nearly all, but will be so affordable that even a truck pusher can afford it. I told them, such product can sell more than a million a day, and with that, they would have made something like air and water, which everyone needs, and no one will be able to assume an air of superiority over another because everyone can afford it.

Why do we Always Assume Globalization is Good?
Julie Johnston, Teacher, Canada
The author wrote "the poor cannot participate in the benefits of globalization." If I made $2 per day, but was able to farm and grow food for my family, and had access to clean drinking water, globalization might bring me materialism rather than greater health and social well-being.
I hope people ask "the BOP" (what a term!) if they want globalization before foisting it upon them, assuming it's something that everyone wants. They might appreciate some thoughtful (re)localization instead.



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