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In this edition of INSEAD Knowledge, we focus on doing good in business. INSEAD Professor Anil Gupta discusses philanthropy with Matthew Bishop, co-author of 'Philanthrocapitalism', and Banyan Tree founder Ho Kwon Ping talks about idealism and business. INSEAD Professors Mark Lee Hunter and Luk Van Wassenhove outline a CSR case study, we hear about transportation and humanitarian logistics, and Ninie Wang (MBA '03D) talks about her new social venture in China.
In other items featuring INSEAD faculty, Andrew Stephen discusses social media and marketing with Frederic Godart, and Michael Witt examines China and India's long-term growth prospects.
In our next Knowledge newsletter, we'll be bringing you a range of interviews and articles from the INSEAD Leadership Summit Europe which has just been held in Fontainebleau. To see video highlights of the summit, go to our Facebook page.
INSEAD Knowledge is now available in English, Chinese and Arabic. You can also access Knowledge via:
Regards,
Stuart Pallister
Editor, INSEAD Knowledge |
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Emails are old hat; SMSs passe. Tweeting, blogging, and posting on "walls" are no longer the domain of the under- 30s. They have become a staple of the way most people in the world communicate today, of the way Fortune 100 companies reach out to customers old and new.
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"One of the attractions of philanthrocapitalism is that it brings lots and lots of different ideas and people into the process of trying to solve big social problems,” author and journalist Matthew Bishop told INSEAD Professor Anil Gupta in an interview for INSEAD Knowledge. “It’s breaking away from this monolithic approach of just saying ‘this is just the government’s job’ or whatever, and letting a thousand flowers bloom -- and that I think is a very positive thing
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Idealism and business are not incompatible, says Banyan Tree founder
Can business and philanthropy mix? According to the founder of the luxury Banyan Tree hotel group, Ho Kwon Ping, this oft-asked question needs some serious re-examining.
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Re-tooling the microfinance model in Asia
More than three billion people live in poverty around the world, but millions are managing to raise their living standards to some degree, thanks to microfinance. Even so, there's plenty of scope for scaling up the current model of micro-lending to help others.
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Can CSR show us the money?
INSEAD Professors Mark Lee Hunter and Luk Van Wassenhove say their case study on Hayleys PLC addresses a gap in the literature on corporate social responsibility: namely, it is very hard to determine the true costs and benefits of CSR for a firm. 'We wanted to see not only if Hayleys - the biggest multinational in Sri Lanka - was serious about CSR, but also how it was trying to make it work.'
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Just what kind of business is there in sustainability?
Whether in energy, healthcare or micro-investing, is there a real business model in sustaining the world's resources and improving the quality of life for its inhabitants? INSEAD Knowledge attended the IESE Net Impact Doing Good and Doing Well conference in Barcelona recently, and found evidence that many companies and individuals are finding there are business models, if you are prepared to think creatively and be just a bit audacious.
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Inflation and the debt burden on Western countries and Japan are two major challenges facing the global economy this year, says Philippa Malmgren, President and founder of the Canonbury Group and Principalis Asset Management.
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The public's advocate: 'reformed' investment banker revels in role as corporate governance watchdog
Public service takes many different forms. In the case of David Webb, who jokingly calls himself a 'reformed investment banker', public service comes in the form of being a non-profit corporate governance watchdog and an advocate for minority shareholders in Hong Kong.
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In search of an effective innovation policy
Everywhere innovation has become a buzzword: in academic journals, popular media, corporate promotional materials and government strategies, writes Sami Mahroum. The use of the word has rapidly expanded from a noun to its various hyphenated transmutations.
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Humanitarian operations: the challenges for fleet management
Humanitarian disasters are on the increase. According to Lars Gustavsson, Senior Executive Officer, World Vision International, two large emergencies were recorded in 1982, compared with 90 in 2000, and this figure is set to rise to 170 by 2020. With this in mind, the natural question is how can humanitarian organisations continue to delivery efficient disaster response operations?
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Social enterprises: an attractive career choice for women?
Women are far more likely to be in positions of leadership in social enterprises than in the traditional small and medium business sector. That was one of the main findings of research by the UK Social Enterprise Coalition based on a survey. Some 26 per cent of social enterprises could be described as 'women-led', almost twice as many as for small businesses for which the figure was 14 per cent.
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The tortoise and the hare? An analysis of China and India's long-term prospects
When asked what animals symbolise China and India, most people would probably say the dragon and the elephant. In terms of long-term economic prospects, however, the hare and the tortoise may well turn out to be the more appropriate choice. While India is moving more slowly than China at this point, writes INSEAD Professor Michael Witt, there is a real possibility that over the next decades, we may see it catching up and, ultimately, pulling ahead.
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Nursing China's aged back to health
If third time's really the charm, then social entrepreneur Ninie Wang's new business model should also really take off.
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China's Babytree.com: how it achieved its growth spurt
Just three years after starting up, Babytree.com, a social networking site for parents in China already boasts some 12 million visitors, a mammoth feat by any standards.
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