Creating a Private Foundation: The Essential Guide for Donors and Their Advisers: Roger D. Silk, James W. Lintott, Andrew R. Stephens, Christine M. Silk

• Filed under: Recommended

Editorial Reviews

Review
“If you are a donor to charity or if you advise donors, you must have this book.” — Mark Victor Hansen, Cocreator, #1 New York Times best-selling series Chicken Soup for the Soul® and coauthor, The One Minute Millionaire

“This book is a great guide for those interested… in charitable foundations. Every donor should study it.” — Vernon Smith, 2002 Nobel Prize Winner in Economics

Establishing a private foundation, is not only of benefit to tax and estate planning, but is a powerful way to help your community and build a permanent legacy. This book is an essential guide to setting up a private foundation, whether you are looking to establish one or provide financial advice to those who are. Already nearly five percent of high-net-worth individuals have private foundations, and interest in setting up charitable organizations is on the rise.

This straightforward and authoritative guide explains the reasons for establishing a foundation, the steps for setting one up, and tips for avoiding common pitfalls. Author Roger Silk and his firm are well known in the adviser community for providing professional management to foundations, and he covers the ins and outs of private foundations from the perspective of both philanthropists and the advisers who work with them.

Order Creating a Private Foundation: The Essential Guide for Donors and Their Advisers: Roger D. Silk, James W. Lintott, Andrew R. Stephens, Christine M. Silk form Amazon.

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The Fortune at the Bottom of the Pyramid: Eradicating Poverty Through Profits: CK Prahalad

• Filed under: Recommended

Editorial Reviews

Review
“C. K. Prahalad argues that companies must revolutionize how they dobusiness in developing countries if both sides of that economic equation areto prosper. Drawing on a wealth of case studies, his compelling new bookoffers an intriguing blueprint for how to fight poverty with profitability.” Bill Gates, Chairman and Chief Software Architect,Microsoft”The Bottom of the Pyramid belongs at the top of the reading list forbusiness people, academics, and experts pursuing the elusive goal ofsustainable growth in the developing world. C. K. Prahalad writes withuncommon insight about consumer needs in poor societies andopportunities for the private sector to serve important public purposes whileenhancing its own bottom line. If you are looking for fresh thinking aboutemerging markets, your search is ended. This is the book for you.” Madeleine K. Albright, Former U.S. Secretary of State”Prahalad challenges readers to re-evaluate their pre-conceived notionsabout the commercial opportunities in serving the relatively poor nations ofthe world. The Bottom of the Pyramid highlights the way to commercialsuccess and societal improvement–but only if the developed worldreconceives the way it delivers products and services to the developingworld.” Christopher Rodrigues, CEO, Visa International”An important and insightful work showing persuasively how the privatesector can be put at the center of development, not just as a rhetoricalflourish but as a real engine of jobs and services for the poor.” Mark Malloch Brown, Administrator, United Nations Development Programme

Review

“C. K. Prahalad argues that companies must revolutionize how they dobusiness in developing countries if both sides of that economic equation areto prosper. Drawing on a wealth of case studies, his compelling new bookoffers an intriguing blueprint for how to fight poverty with profitability.”
Bill Gates, Chairman and Chief Software Architect,Microsoft

“The Bottom of the Pyramid belongs at the top of the reading list forbusiness people, academics, and experts pursuing the elusive goal ofsustainable growth in the developing world. C. K. Prahalad writes withuncommon insight about consumer needs in poor societies andopportunities for the private sector to serve important public purposes whileenhancing its own bottom line. If you are looking for fresh thinking aboutemerging markets, your search is ended. This is the book for you.”
Madeleine K. Albright, Former U.S. Secretary of State

“Prahalad challenges readers to re-evaluate their pre-conceived notionsabout the commercial opportunities in serving the relatively poor nations ofthe world. The Bottom of the Pyramid highlights the way to commercialsuccess and societal improvement–but only if the developed worldreconceives the way it delivers products and services to the developingworld.”
Christopher Rodrigues, CEO, Visa International

“An important and insightful work showing persuasively how the privatesector can be put at the center of development, not just as a rhetoricalflourish but as a real engine of jobs and services for the poor.”
Mark Malloch Brown, Administrator, United Nations Development Programme

Order The Fortune at the Bottom of the Pyramid: Eradicating Poverty Through Profits: CK Prahalad form Amazon.

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Capitalism at the Crossroads: The Unlimited Business Opportunities in Solving the World’s Most Difficult Problems: Stuart L. Hart

• Filed under: Recommended

Editorial Reviews

Review
http://www.socialfunds.com/news/article.cgi/article1596.html Book Review–Capitalism at the Crossroads: The Unlimited Business Opportunities in Solving the World’s Most Difficult Problems by William Baue According to author Stuart Hart, sustainable global enterprise holds the key to reducing poverty, reversing environmental destruction, and even counteracting terrorism. SocialFunds.com — Cornell and University of North Carolina Business Professor Stuart Hart’s Capitalism at the Crossroads perfectly complements University of Michigan Business Professor C. K. Prahalad’s The Fortune at the Bottom of the Pyramid, perhaps even surpassing it in significance. The two professors collaborated from 1998 through 2002 on the seminal article that gave birth to the “bottom of the pyramid” (BOP) concept that Prof. Prahalad explains so eloquently in his book (see related book review). The BOP market theory holds that multinational corporations (MNCs) can simultaneously profit and help reduce global poverty by serving a market they have largely ignored until recently: the 4 billion people in the world living on less than $2 a day. As good as Prof. Prahalad’s book is, however, it leaves unanswered the question of how the BOP theory fits into the larger context of sustainability, particularly environmental sustainability. Prof. Hart’s book not only answers this question, but also presents a comprehensive and compelling argument that capitalism cannot afford to ignore sustainability–indeed, that capitalism will thrive by embracing sustainability (and vice versa). “This book takes the contrarian’s view that business–more than either government or civil society–is uniquely equipped, at this point in history, to lead us toward a sustainable world in the years ahead,” writes Prof. Hart. “Properly focused, the profit motive can accelerate (not inhibit) the transformation toward global sustainability, with nonprofits, governments, and multilateral agencies all playing crucial roles as collaborators.” Prof. Hart introduces the book describing how the shift in the relationship between capitalism and environmentalism from antagonistic to (sometimes) complementary forces mirrored his own shift from distrusting capitalism to respecting its power to leverage positive social change. The “greening” revolution of the 1980s demonstrated that companies could profit by employing more environmentally benign processes, such as recycling or waste reduction. However laudable the greening approach is, it became apparent in the 1990s that reducing the environmental impact of existing business models would prove insufficient to address the imminent environmental and social crises, according to Prof. Hart. He was among those who at that time promoted moving “beyond greening” through “creative destruction” of environmentally and economically wasteful processes, replacing them with environmentally (and economically) beneficial processes. “Unlike greening, which works through the existing supply chain to effect continuous improvement in the current business system, ‘beyond greening’ strategies focus on emerging technologies, new markets, and unconventional partners and stakeholders,” writes Prof. Hart. “Such strategies are thus disruptive to current industry structure and raise the possibility of significant repositioning, enabling new players to establish leading positions as the process of creative destruction unfolds.” The primary business strategy that promises to arise from the ashes of creative destruction is the BOP approach of serving the needs of the poor in ways that are culturally appropriate,

Review

http://www.socialfunds.com/news/article.cgi/article1596.html

Book Review–Capitalism at the Crossroads: The Unlimited Business Opportunities in Solving the World's Most Difficult Problems
by William Baue

According to author Stuart Hart, sustainable global enterprise holds the key to reducing poverty, reversing environmental destruction, and even counteracting terrorism.

SocialFunds.com — Cornell and University of North Carolina Business Professor Stuart Hart's Capitalism at the Crossroads perfectly complements University of Michigan Business Professor C. K. Prahalad's The Fortune at the Bottom of the Pyramid, perhaps even surpassing it in significance. The two professors collaborated from 1998 through 2002 on the seminal article that gave birth to the “bottom of the pyramid” (BOP) concept that Prof. Prahalad explains so eloquently in his book (see related book review). The BOP market theory holds that multinational corporations (MNCs) can simultaneously profit and help reduce global poverty by serving a market they have largely ignored until recently: the 4 billion people in the world living on less than $2 a day.

As good as Prof. Prahalad's book is, however, it leaves unanswered the question of how the BOP theory fits into the larger context of sustainability, particularly environmental sustainability. Prof. Hart's book not only answers this question, but also presents a comprehensive and compelling argument that capitalism cannot afford to ignore sustainability–indeed, that capitalism will thrive by embracing sustainability (and vice versa).

“This book takes the contrarian's view that business–more than either government or civil society–is uniquely equipped, at this point in history, to lead us toward a sustainable world in the years ahead,” writes Prof. Hart. “Properly focused, the profit motive can accelerate (not inhibit) the transformation toward global sustainability, with nonprofits, governments, and multilateral agencies all playing crucial roles as collaborators.”

Prof. Hart introduces the book describing how the shift in the relationship between capitalism and environmentalism from antagonistic to (sometimes) complementary forces mirrored his own shift from distrusting capitalism to respecting its power to leverage positive social change. The “greening” revolution of the 1980s demonstrated that companies could profit by employing more environmentally benign processes, such as recycling or waste reduction.

However laudable the greening approach is, it became apparent in the 1990s that reducing the environmental impact of existing business models would prove insufficient to address the imminent environmental and social crises, according to Prof. Hart. He was among those who at that time promoted moving “beyond greening” through “creative destruction” of environmentally and economically wasteful processes, replacing them with environmentally (and economically) beneficial processes.

“Unlike greening, which works through the existing supply chain to effect continuous improvement in the current business system, 'beyond greening' strategies focus on emerging technologies, new markets, and unconventional partners and stakeholders,” writes Prof. Hart. “Such strategies are thus disruptive to current industry structure and raise the possibility of significant repositioning, enabling new players to establish leading positions as the process of creative destruction unfolds.”

The primary business strategy that promises to arise from the ashes of creative destruction is the BOP approach of serving the needs of the poor in ways that are culturally appropriate,

Order Capitalism at the Crossroads: The Unlimited Business Opportunities in Solving the World’s Most Difficult Problems: Stuart L. Hart form Amazon.

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The Fortune at the Bottom of the Pyramid: Eradicating Poverty Through Profits: CK Prahalad

• Filed under: Recommended

Editorial Reviews

Review
“C. K. Prahalad argues that companies must revolutionize how they dobusiness in developing countries if both sides of that economic equation areto prosper. Drawing on a wealth of case studies, his compelling new bookoffers an intriguing blueprint for how to fight poverty with profitability.” Bill Gates, Chairman and Chief Software Architect,Microsoft”The Bottom of the Pyramid belongs at the top of the reading list forbusiness people, academics, and experts pursuing the elusive goal ofsustainable growth in the developing world. C. K. Prahalad writes withuncommon insight about consumer needs in poor societies andopportunities for the private sector to serve important public purposes whileenhancing its own bottom line. If you are looking for fresh thinking aboutemerging markets, your search is ended. This is the book for you.” Madeleine K. Albright, Former U.S. Secretary of State”Prahalad challenges readers to re-evaluate their pre-conceived notionsabout the commercial opportunities in serving the relatively poor nations ofthe world. The Bottom of the Pyramid highlights the way to commercialsuccess and societal improvement–but only if the developed worldreconceives the way it delivers products and services to the developingworld.” Christopher Rodrigues, CEO, Visa International”An important and insightful work showing persuasively how the privatesector can be put at the center of development, not just as a rhetoricalflourish but as a real engine of jobs and services for the poor.” Mark Malloch Brown, Administrator, United Nations Development Programme

Review

“C. K. Prahalad argues that companies must revolutionize how they dobusiness in developing countries if both sides of that economic equation areto prosper. Drawing on a wealth of case studies, his compelling new bookoffers an intriguing blueprint for how to fight poverty with profitability.”
Bill Gates, Chairman and Chief Software Architect,Microsoft

“The Bottom of the Pyramid belongs at the top of the reading list forbusiness people, academics, and experts pursuing the elusive goal ofsustainable growth in the developing world. C. K. Prahalad writes withuncommon insight about consumer needs in poor societies andopportunities for the private sector to serve important public purposes whileenhancing its own bottom line. If you are looking for fresh thinking aboutemerging markets, your search is ended. This is the book for you.”
Madeleine K. Albright, Former U.S. Secretary of State

“Prahalad challenges readers to re-evaluate their pre-conceived notionsabout the commercial opportunities in serving the relatively poor nations ofthe world. The Bottom of the Pyramid highlights the way to commercialsuccess and societal improvement–but only if the developed worldreconceives the way it delivers products and services to the developingworld.”
Christopher Rodrigues, CEO, Visa International

“An important and insightful work showing persuasively how the privatesector can be put at the center of development, not just as a rhetoricalflourish but as a real engine of jobs and services for the poor.”
Mark Malloch Brown, Administrator, United Nations Development Programme

Order The Fortune at the Bottom of the Pyramid: Eradicating Poverty Through Profits: CK Prahalad form Amazon.

0 Comments

Capitalism at the Crossroads: The Unlimited Business Opportunities in Solving the World’s Most Difficult Problems: Stuart L. Hart

• Filed under: Recommended

Editorial Reviews

Review
http://www.socialfunds.com/news/article.cgi/article1596.html Book Review–Capitalism at the Crossroads: The Unlimited Business Opportunities in Solving the World’s Most Difficult Problems by William Baue According to author Stuart Hart, sustainable global enterprise holds the key to reducing poverty, reversing environmental destruction, and even counteracting terrorism. SocialFunds.com — Cornell and University of North Carolina Business Professor Stuart Hart’s Capitalism at the Crossroads perfectly complements University of Michigan Business Professor C. K. Prahalad’s The Fortune at the Bottom of the Pyramid, perhaps even surpassing it in significance. The two professors collaborated from 1998 through 2002 on the seminal article that gave birth to the “bottom of the pyramid” (BOP) concept that Prof. Prahalad explains so eloquently in his book (see related book review). The BOP market theory holds that multinational corporations (MNCs) can simultaneously profit and help reduce global poverty by serving a market they have largely ignored until recently: the 4 billion people in the world living on less than $2 a day. As good as Prof. Prahalad’s book is, however, it leaves unanswered the question of how the BOP theory fits into the larger context of sustainability, particularly environmental sustainability. Prof. Hart’s book not only answers this question, but also presents a comprehensive and compelling argument that capitalism cannot afford to ignore sustainability–indeed, that capitalism will thrive by embracing sustainability (and vice versa). “This book takes the contrarian’s view that business–more than either government or civil society–is uniquely equipped, at this point in history, to lead us toward a sustainable world in the years ahead,” writes Prof. Hart. “Properly focused, the profit motive can accelerate (not inhibit) the transformation toward global sustainability, with nonprofits, governments, and multilateral agencies all playing crucial roles as collaborators.” Prof. Hart introduces the book describing how the shift in the relationship between capitalism and environmentalism from antagonistic to (sometimes) complementary forces mirrored his own shift from distrusting capitalism to respecting its power to leverage positive social change. The “greening” revolution of the 1980s demonstrated that companies could profit by employing more environmentally benign processes, such as recycling or waste reduction. However laudable the greening approach is, it became apparent in the 1990s that reducing the environmental impact of existing business models would prove insufficient to address the imminent environmental and social crises, according to Prof. Hart. He was among those who at that time promoted moving “beyond greening” through “creative destruction” of environmentally and economically wasteful processes, replacing them with environmentally (and economically) beneficial processes. “Unlike greening, which works through the existing supply chain to effect continuous improvement in the current business system, ‘beyond greening’ strategies focus on emerging technologies, new markets, and unconventional partners and stakeholders,” writes Prof. Hart. “Such strategies are thus disruptive to current industry structure and raise the possibility of significant repositioning, enabling new players to establish leading positions as the process of creative destruction unfolds.” The primary business strategy that promises to arise from the ashes of creative destruction is the BOP approach of serving the needs of the poor in ways that are culturally appropriate,

Review

http://www.socialfunds.com/news/article.cgi/article1596.html

Book Review–Capitalism at the Crossroads: The Unlimited Business Opportunities in Solving the World's Most Difficult Problems
by William Baue

According to author Stuart Hart, sustainable global enterprise holds the key to reducing poverty, reversing environmental destruction, and even counteracting terrorism.

SocialFunds.com — Cornell and University of North Carolina Business Professor Stuart Hart's Capitalism at the Crossroads perfectly complements University of Michigan Business Professor C. K. Prahalad's The Fortune at the Bottom of the Pyramid, perhaps even surpassing it in significance. The two professors collaborated from 1998 through 2002 on the seminal article that gave birth to the “bottom of the pyramid” (BOP) concept that Prof. Prahalad explains so eloquently in his book (see related book review). The BOP market theory holds that multinational corporations (MNCs) can simultaneously profit and help reduce global poverty by serving a market they have largely ignored until recently: the 4 billion people in the world living on less than $2 a day.

As good as Prof. Prahalad's book is, however, it leaves unanswered the question of how the BOP theory fits into the larger context of sustainability, particularly environmental sustainability. Prof. Hart's book not only answers this question, but also presents a comprehensive and compelling argument that capitalism cannot afford to ignore sustainability–indeed, that capitalism will thrive by embracing sustainability (and vice versa).

“This book takes the contrarian's view that business–more than either government or civil society–is uniquely equipped, at this point in history, to lead us toward a sustainable world in the years ahead,” writes Prof. Hart. “Properly focused, the profit motive can accelerate (not inhibit) the transformation toward global sustainability, with nonprofits, governments, and multilateral agencies all playing crucial roles as collaborators.”

Prof. Hart introduces the book describing how the shift in the relationship between capitalism and environmentalism from antagonistic to (sometimes) complementary forces mirrored his own shift from distrusting capitalism to respecting its power to leverage positive social change. The “greening” revolution of the 1980s demonstrated that companies could profit by employing more environmentally benign processes, such as recycling or waste reduction.

However laudable the greening approach is, it became apparent in the 1990s that reducing the environmental impact of existing business models would prove insufficient to address the imminent environmental and social crises, according to Prof. Hart. He was among those who at that time promoted moving “beyond greening” through “creative destruction” of environmentally and economically wasteful processes, replacing them with environmentally (and economically) beneficial processes.

“Unlike greening, which works through the existing supply chain to effect continuous improvement in the current business system, 'beyond greening' strategies focus on emerging technologies, new markets, and unconventional partners and stakeholders,” writes Prof. Hart. “Such strategies are thus disruptive to current industry structure and raise the possibility of significant repositioning, enabling new players to establish leading positions as the process of creative destruction unfolds.”

The primary business strategy that promises to arise from the ashes of creative destruction is the BOP approach of serving the needs of the poor in ways that are culturally appropriate,

Order Capitalism at the Crossroads: The Unlimited Business Opportunities in Solving the World’s Most Difficult Problems: Stuart L. Hart form Amazon.

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The Fortune at the Bottom of the Pyramid: Eradicating Poverty Through Profits: CK Prahalad

• Filed under: Recommended

Editorial Reviews

Review
“C. K. Prahalad argues that companies must revolutionize how they dobusiness in developing countries if both sides of that economic equation areto prosper. Drawing on a wealth of case studies, his compelling new bookoffers an intriguing blueprint for how to fight poverty with profitability.” Bill Gates, Chairman and Chief Software Architect,Microsoft”The Bottom of the Pyramid belongs at the top of the reading list forbusiness people, academics, and experts pursuing the elusive goal ofsustainable growth in the developing world. C. K. Prahalad writes withuncommon insight about consumer needs in poor societies andopportunities for the private sector to serve important public purposes whileenhancing its own bottom line. If you are looking for fresh thinking aboutemerging markets, your search is ended. This is the book for you.” Madeleine K. Albright, Former U.S. Secretary of State”Prahalad challenges readers to re-evaluate their pre-conceived notionsabout the commercial opportunities in serving the relatively poor nations ofthe world. The Bottom of the Pyramid highlights the way to commercialsuccess and societal improvement–but only if the developed worldreconceives the way it delivers products and services to the developingworld.” Christopher Rodrigues, CEO, Visa International”An important and insightful work showing persuasively how the privatesector can be put at the center of development, not just as a rhetoricalflourish but as a real engine of jobs and services for the poor.” Mark Malloch Brown, Administrator, United Nations Development Programme

Review

“C. K. Prahalad argues that companies must revolutionize how they dobusiness in developing countries if both sides of that economic equation areto prosper. Drawing on a wealth of case studies, his compelling new bookoffers an intriguing blueprint for how to fight poverty with profitability.”
Bill Gates, Chairman and Chief Software Architect,Microsoft

“The Bottom of the Pyramid belongs at the top of the reading list forbusiness people, academics, and experts pursuing the elusive goal ofsustainable growth in the developing world. C. K. Prahalad writes withuncommon insight about consumer needs in poor societies andopportunities for the private sector to serve important public purposes whileenhancing its own bottom line. If you are looking for fresh thinking aboutemerging markets, your search is ended. This is the book for you.”
Madeleine K. Albright, Former U.S. Secretary of State

“Prahalad challenges readers to re-evaluate their pre-conceived notionsabout the commercial opportunities in serving the relatively poor nations ofthe world. The Bottom of the Pyramid highlights the way to commercialsuccess and societal improvement–but only if the developed worldreconceives the way it delivers products and services to the developingworld.”
Christopher Rodrigues, CEO, Visa International

“An important and insightful work showing persuasively how the privatesector can be put at the center of development, not just as a rhetoricalflourish but as a real engine of jobs and services for the poor.”
Mark Malloch Brown, Administrator, United Nations Development Programme

$Order The Fortune at the Bottom of the Pyramid: Eradicating Poverty Through Profits: CK Prahalad From Amazon and save money$

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Capitalism at the Crossroads: The Unlimited Business Opportunities in Solving the World’s Most Difficult Problems: Stuart L. Hart

• Filed under: Recommended

Editorial Reviews

Review
http://www.socialfunds.com/news/article.cgi/article1596.html Book Review–Capitalism at the Crossroads: The Unlimited Business Opportunities in Solving the World’s Most Difficult Problems by William Baue According to author Stuart Hart, sustainable global enterprise holds the key to reducing poverty, reversing environmental destruction, and even counteracting terrorism. SocialFunds.com — Cornell and University of North Carolina Business Professor Stuart Hart’s Capitalism at the Crossroads perfectly complements University of Michigan Business Professor C. K. Prahalad’s The Fortune at the Bottom of the Pyramid, perhaps even surpassing it in significance. The two professors collaborated from 1998 through 2002 on the seminal article that gave birth to the “bottom of the pyramid” (BOP) concept that Prof. Prahalad explains so eloquently in his book (see related book review). The BOP market theory holds that multinational corporations (MNCs) can simultaneously profit and help reduce global poverty by serving a market they have largely ignored until recently: the 4 billion people in the world living on less than $2 a day. As good as Prof. Prahalad’s book is, however, it leaves unanswered the question of how the BOP theory fits into the larger context of sustainability, particularly environmental sustainability. Prof. Hart’s book not only answers this question, but also presents a comprehensive and compelling argument that capitalism cannot afford to ignore sustainability–indeed, that capitalism will thrive by embracing sustainability (and vice versa). “This book takes the contrarian’s view that business–more than either government or civil society–is uniquely equipped, at this point in history, to lead us toward a sustainable world in the years ahead,” writes Prof. Hart. “Properly focused, the profit motive can accelerate (not inhibit) the transformation toward global sustainability, with nonprofits, governments, and multilateral agencies all playing crucial roles as collaborators.” Prof. Hart introduces the book describing how the shift in the relationship between capitalism and environmentalism from antagonistic to (sometimes) complementary forces mirrored his own shift from distrusting capitalism to respecting its power to leverage positive social change. The “greening” revolution of the 1980s demonstrated that companies could profit by employing more environmentally benign processes, such as recycling or waste reduction. However laudable the greening approach is, it became apparent in the 1990s that reducing the environmental impact of existing business models would prove insufficient to address the imminent environmental and social crises, according to Prof. Hart. He was among those who at that time promoted moving “beyond greening” through “creative destruction” of environmentally and economically wasteful processes, replacing them with environmentally (and economically) beneficial processes. “Unlike greening, which works through the existing supply chain to effect continuous improvement in the current business system, ‘beyond greening’ strategies focus on emerging technologies, new markets, and unconventional partners and stakeholders,” writes Prof. Hart. “Such strategies are thus disruptive to current industry structure and raise the possibility of significant repositioning, enabling new players to establish leading positions as the process of creative destruction unfolds.” The primary business strategy that promises to arise from the ashes of creative destruction is the BOP approach of serving the needs of the poor in ways that are culturally appropriate,

Review

http://www.socialfunds.com/news/article.cgi/article1596.html

Book Review–Capitalism at the Crossroads: The Unlimited Business Opportunities in Solving the World's Most Difficult Problems
by William Baue

According to author Stuart Hart, sustainable global enterprise holds the key to reducing poverty, reversing environmental destruction, and even counteracting terrorism.

SocialFunds.com — Cornell and University of North Carolina Business Professor Stuart Hart's Capitalism at the Crossroads perfectly complements University of Michigan Business Professor C. K. Prahalad's The Fortune at the Bottom of the Pyramid, perhaps even surpassing it in significance. The two professors collaborated from 1998 through 2002 on the seminal article that gave birth to the “bottom of the pyramid” (BOP) concept that Prof. Prahalad explains so eloquently in his book (see related book review). The BOP market theory holds that multinational corporations (MNCs) can simultaneously profit and help reduce global poverty by serving a market they have largely ignored until recently: the 4 billion people in the world living on less than $2 a day.

As good as Prof. Prahalad's book is, however, it leaves unanswered the question of how the BOP theory fits into the larger context of sustainability, particularly environmental sustainability. Prof. Hart's book not only answers this question, but also presents a comprehensive and compelling argument that capitalism cannot afford to ignore sustainability–indeed, that capitalism will thrive by embracing sustainability (and vice versa).

“This book takes the contrarian's view that business–more than either government or civil society–is uniquely equipped, at this point in history, to lead us toward a sustainable world in the years ahead,” writes Prof. Hart. “Properly focused, the profit motive can accelerate (not inhibit) the transformation toward global sustainability, with nonprofits, governments, and multilateral agencies all playing crucial roles as collaborators.”

Prof. Hart introduces the book describing how the shift in the relationship between capitalism and environmentalism from antagonistic to (sometimes) complementary forces mirrored his own shift from distrusting capitalism to respecting its power to leverage positive social change. The “greening” revolution of the 1980s demonstrated that companies could profit by employing more environmentally benign processes, such as recycling or waste reduction.

However laudable the greening approach is, it became apparent in the 1990s that reducing the environmental impact of existing business models would prove insufficient to address the imminent environmental and social crises, according to Prof. Hart. He was among those who at that time promoted moving “beyond greening” through “creative destruction” of environmentally and economically wasteful processes, replacing them with environmentally (and economically) beneficial processes.

“Unlike greening, which works through the existing supply chain to effect continuous improvement in the current business system, 'beyond greening' strategies focus on emerging technologies, new markets, and unconventional partners and stakeholders,” writes Prof. Hart. “Such strategies are thus disruptive to current industry structure and raise the possibility of significant repositioning, enabling new players to establish leading positions as the process of creative destruction unfolds.”

The primary business strategy that promises to arise from the ashes of creative destruction is the BOP approach of serving the needs of the poor in ways that are culturally appropriate,

$Order Capitalism at the Crossroads: The Unlimited Business Opportunities in Solving the World’s Most Difficult Problems: Stuart L. Hart From Amazon and save money$

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Managing at the Leading Edge: New Challenges in Managing Nonprofit Organizations: Mike Hudson

• Filed under: Recommended

Editorial Reviews

Review
“This book excellently captures the leading concepts and provides practices vital to high-performing nonprofit organizations.”
–Professor James E. Austin, chairman, The Initiative on Social Enterprise, Harvard Business School

“Managing at the Leading Edge is a significant new guidebook for leaders engaged in capacity building, collaboration, and navigating in tenuous times.”
–Frances Hesselbein, chairman and founding president, Leader to Leader Institute

“Mike Hudson takes a fresh and innovative look at nonprofit management, and comes up with fascinating results that are well-grounded in theory and relevant to practitioners. Looking at management practices and developments in the United States through a United Kingdom lens, this book is a treasure trove of thought-provoking ideas and key insights.”
–Helmut Anheier, professor, Public Policy School, University of California Los Angeles, and Centennial Professor, London School of Economics

“Managing at the Leading Edge is a terrific resource for all those who care about the performance of nonprofit organizations, from current nonprofit staff and board members to students who will be tomorrow’s nonprofit leaders.”
–Alan Abramson, director, Nonprofit Sector and Philanthropy Program, The Aspen Institute

“From building organizational capacity to creating strategic alliances, Hudson highlights numerous best practices among leading nonprofit organizations.”
–John H. Graham IV, chief executive officer, American Diabetes Association

In Managing at the Leading Edge, United Kingdom’s nonprofit expert Mike Hudson (a modern-day Alexis de Tocqueville) offers an outsider-looking-in guide to the management and governance of nonprofits in the United States. In this important book, he tackles three major questions: What are the leading-edge approaches to managing nonprofit organizations? What should managers and board members be doing differently to enhance the performance of their organizations? How can the impact of the nonprofit sector be significantly increased? Basing his interviews on face-to-face interviews with leading nonprofit CEOs, consultants, academics, and senior managers, Hudson shows what does and does not work in nonprofit organizations. He then distills the best practices from these organizations into practical advice and guidance.  Managing at the Leading Edge presents Hudson’s thought-provoking, proven-in-practice agenda and shows nonprofit leaders how to:

• Build capacity within their organizations
• Manage organizational performance
• Create strategic alliances, both within and outside the nonprofit sector
• Make the most of changing patterns of funding
• Develop effective, mission-focused leadership
• Strengthen governance and board performance

Read a Charity Channel review:

http://charitychannel.com/publish/templates/?a=8756&z=25

See all Editorial Reviews

order Managing at the Leading Edge: New Challenges in Managing Nonprofit Organizations: Mike Hudson now and save money!

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Common Wealth: Economics for a Crowded Planet: Jeffrey D. Sachs

• Filed under: Recommended

Editorial Reviews

From Publishers Weekly
In this sobering but optimistic manifesto, development economist Sachs (The End of Poverty) argues that the crises facing humanity are daunting—but solutions to them are readily at hand. Sachs focuses on four challenges for the coming decades: heading off global warming and environmental destruction; stabilizing the world’s population; ending extreme poverty; and breaking the political logjams that hinder global cooperation on these issues. The author analyses economic data, demographic trends and climate science to create a lucid, accessible and suitably grim exposition of looming problems, but his forte is elaborating concrete, pragmatic, low-cost remedies complete with benchmarks and budgets. Sachs’s entire agenda would cost less than 3% of the world’s annual income, and he notes that a mere two days’ worth of Pentagon spending would fund a comprehensive antimalaria program for Africa, saving countless lives. Forthright government action is the key to avoiding catastrophe, the author contends, not the unilateral, militarized approach to international problems that he claims is pursued by the Bush administration. Combining trenchant analysis with a resounding call to arms, Sachs’s book is an important contribution to the debate over the world’s future. (Mar.)
Copyright © Reed Business Information, a division of Reed Elsevier Inc. All rights reserved.

From AudioFile
Sachs is an economist who sees overpopulation as the heart of the planet’s problems. To solve those problems will require global cooperation. Nations must understand the need to go beyond parochial differences to avoid the destruction of our species. Malcolm Hillgartner is solid as narrator. He treats the material seriously, in the manner of a documentary narrator, but without the basso profundo voice that could quickly devolve into caricature. He varies his tone enough to keep the book interesting but not so much that it becomes distracting. The complexity of the book requires concentration on the part of the listener, so it’s not for casual listening–but its message is worth the effort. R.C.G. © AudioFile 2008, Portland, Maine– Copyright © AudioFile, Portland, Maine
–This text refers to the

Audio CD
edition.

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Capitalism at the Crossroads: The Unlimited Business Opportunities in Solving the World’s Most Difficult Problems: Stuart L. Hart

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http://www.socialfunds.com/news/article.cgi/article1596.html

 

Book Review–Capitalism at the Crossroads: The Unlimited Business Opportunities in Solving the World's Most Difficult Problems
    by William Baue

According to author Stuart Hart, sustainable global enterprise holds the key to reducing poverty, reversing environmental destruction, and even counteracting terrorism.

SocialFunds.com — Cornell and University of North Carolina Business Professor Stuart Hart's Capitalism at the Crossroads perfectly complements University of Michigan Business Professor C. K. Prahalad's The Fortune at the Bottom of the Pyramid, perhaps even surpassing it in significance. The two professors collaborated from 1998 through 2002 on the seminal article that gave birth to the “bottom of the pyramid” (BOP) concept that Prof. Prahalad explains so eloquently in his book (see related book review). The BOP market theory holds that multinational corporations (MNCs) can simultaneously profit and help reduce global poverty by serving a market they have largely ignored until recently: the 4 billion people in the world living on less than $2 a day.

As good as Prof. Prahalad's book is, however, it leaves unanswered the question of how the BOP theory fits into the larger context of sustainability, particularly environmental sustainability. Prof. Hart's book not only answers this question, but also presents a comprehensive and compelling argument that capitalism cannot afford to ignore sustainability–indeed, that capitalism will thrive by embracing sustainability (and vice versa).

“This book takes the contrarian's view that business–more than either government or civil society–is uniquely equipped, at this point in history, to lead us toward a sustainable world in the years ahead,” writes Prof. Hart. “Properly focused, the profit motive can accelerate (not inhibit) the transformation toward global sustainability, with nonprofits, governments, and multilateral agencies all playing crucial roles as collaborators.”

Prof. Hart introduces the book describing how the shift in the relationship between capitalism and environmentalism from antagonistic to (sometimes) complementary forces mirrored his own shift from distrusting capitalism to respecting its power to leverage positive social change. The “greening” revolution of the 1980s demonstrated that companies could profit by employing more environmentally benign processes, such as recycling or waste reduction.

However laudable the greening approach is, it became apparent in the 1990s that reducing the environmental impact of existing business models would prove insufficient to address the imminent environmental and social crises, according to Prof. Hart. He was among those who at that time promoted moving “beyond greening” through “creative destruction” of environmentally and economically wasteful processes, replacing them with environmentally (and economically) beneficial processes.

“Unlike greening, which works through the existing supply chain to effect continuous improvement in the current business system, 'beyond greening' strategies focus on emerging technologies, new markets, and unconventional partners and stakeholders,” writes Prof. Hart. “Such strategies are thus disruptive to current industry structure and raise the possibility of significant repositioning, enabling new players to establish leading positions as the process of creative destruction unfolds.”

The primary business strategy that promises to arise from the ashes of creative destruction is the BOP approach of serving the needs of the poor in ways that are culturally appropriate,

Product Description

Global capitalism stands at a crossroads—facing international terrorism, worldwide environmental change, and an accelerating backlash against globalization. Today’s global companies are at a crossroads, too: finding new strategies for profitable growth has never been more challenging. Both sets of problems are intimately linked, says Stuart L. Hart—and so are the solutions.

In Capitalism at the Crossroads, Hart shows companies how to identify sustainable products that can drive new growth as they also help solve today’s most crucial social problems. Drawing on his experience consulting with top companies and NGOs worldwide, Hart shows how to integrate new technology to deliver profitable solutions that reduce poverty and protect the environment at the same time. Along the way, you’ll learn how to become truly indigenous to all your markets—and avoid the pitfalls of traditional “greening” and “sustainability” strategies.

This book transcends yesterday’s stale debates about globalization, pointing the way toward a capitalism that’s more inclusive, more welcome, and far more successful. But great ideas aren’t enough. Hart presents on-the-ground techniques for transforming them into reality, helping leaders re-ignite innovation, growth, and profitability in their own businesses, starting today.

Beyond yesterday’s sterile globalization battles
A revolutionary synthesis that makes global capitalism work for everyone

Catalyzing a revolution in sustainable development…and profiting from it
Why business is singularly equipped to lead the movement towards global sustainability

Reigniting corporate growth: A strategic framework for serving four billion new customers
Build your bottom line by helping them build a better life

Not just “sustainability”: becoming truly indigenous
Overcoming the limits of first-generation sustainability initiatives

Powerful case studies from more than 20 top companies worldwide
Making it work: from DuPont to Unilever, S.C. Johnson to Grameen Telecom

–This text refers to the

Kindle Edition
edition.

$Order Capitalism at the Crossroads: The Unlimited Business Opportunities in Solving the World’s Most Difficult Problems: Stuart L. Hart From Amazon and save money$

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