On CK Prahalad and his impact on social entrepreneurship

I, like many others, was saddened to hear of the untimely passing away of Prof. C. K. Prahalad. His career spanned over three decades during which time he introduced several innovative business ideas that quickly became mainstream. Perhaps his most widely influential work was his last book on “The Fortune at the Bottom of the Pyramid” where he outlined his take on how corporations could profitably service the very large market that consists of the bottommost economic strata. You can read more at
http://blog.ambientengines.com

Launching the Go-To networking event for Social Entrepreneurs in Boston

Over 30 people from diverse backgrounds, but with a common interest in supporting organizations making significant social impact, gathered at Tantric India Bistro in Boston for the first of what will be a regular meeting on the First Monday of the Month. From the interest expressed since the launch, it is quickly becoming the “Go To” networking venue for folks interested in meeting others with a similar interest in innovative social impact. Read more about the next event on April 5 at http://blog.ambientengines.com

Why you need to go beyond the numbers to view rural poverty

In the past decade, much progress has been made in India and people have been justifiably proud of the improving economic situation. While most observers point to the top line numbers that show the number of people living below the “poverty line” has been consistently decreasing, by focusing on just these aseptic numbers, they fail to understand and capture the continuing anguish in the rural countryside.

A conversation on Microfinance

Couple of months ago we had the privilege to host Mr. N. Srinivasan in Boston. Mr. Srinivasan is the author of the ‘Microfinance in India: State of the Sector Report 2008’, was Chief General Manager of India’s National Bank for Agriculture and Rural Development (NABARD) where he served for 25 years. Here are excerpts from an interview and Mr Srinivasan’s open letter to the Indian Government.

TIECON Social Enterprise Track Provides New Perspective

For the first time TIECON EAST – TiE Boston’s annual conference on entrepreneurship and innovation – had a dedicated track on Social Enterprise. The three panels for the track were all well attended. Here are some excerpts from an article I wrote for Lokvani about the sessions.

How to multiply your social impact 2X to 6X

Bala Vishwanath, an IIT and IIM alum, saw an opportunity to multiply the social impact of every dollar, quit his job and worked to setup www.UnitedProsperity.org United Prosperity helps provide loan guarantees that enable poor entrepreneurs to borrow from Microfinance Institutions to build their enterprises in developing countries.

An Exercise In Democracy

I recently visited India and was smack in the middle of the Indian elections. Wrote a short piece with my observations. Here is the entire piece from the original site www.Lokvani.com

The Increasing Focus on the Rural Indian Consumer

I have been in India for the past week and one of the trends I have noticed is the increased focus on the rural market. Perhaps it is the ongoing elections or maybe the global recession, but companies across the board seem to have a renewed emphasis on targeting the rural consumer. Here are a few key facts that seem to stand out.

While I was out

I have spent the last month visiting India. As always, it is an exciting and interesting experience. I have not been able to post regularly while traveling. I hope to resume in a week’s time after I return.

Get engaged in Charitable giving

I wrote an article recently on how Indian Americans can take a step towards increasing charitable giving. Equally applicable even if you are not an Indian American :-)
I have reproduced the entire article below.