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in the Base of the Pyramid

Articles about business, poverty, and innovation in the the Base of the Pyramid (BOP), the 4+ billion people living in the base of the world's economic pyramid. Suggest an article or story.

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4/08/2005

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Tribal Lingo - Defining Sustainability

Filed under: — Patrick@BRINQ @ 15:13 EDT

“Ever had one of those conversations,” Stu Hart asked the crowd, “where you think you and another person are talking about the same thing, only to discover you’ve been discussing something completely different?  In my work, I run into that all the time.”

Stuart Hart is a professor at Cornell’s Johnson School of Management, recent author of the acclaimed “Capitalism at the Crossroads”, and one of the world’s foremost experts on the strategies and business opportunities for sustainable enterprises and serving the world’s poor.  Hart was co-presenting with colleague Mark Milstein (of the World Resources Institute) at Cornell’s 3rd annual Sustainable Enterprise Symposium.  

Hart and Milstein explained that there are so many different “sustainability tribes”, each using their own vocabulary of buzzwords, that even basic communication proves difficult and unwieldy; strategic planning and collaboration are even harder.  How can we collaborate in creating a better future if we can’t even communicate? 

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3/10/2005

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Lighting Up the Crossroads - Stuart L. Hart

Filed under: — Patrick@BRINQ @ 16:54 EST

"Stuart Hart was there at the beginning. Years ago when the term ’sustainability’ had not yet reached business schools, Stuart Hart stood as a beacon in the umbrage. It is clear commerce is the engine of change, design the first signal of intention, and global capitalism is at the crossroads. Stuart Hart is there again; this time lighting up the intersection."
- William McDonough, Co-author of Cradle to Cradle

Three years ago, a group of MBA prospects visited the University of North Carolina’s Kenan-Flagler Business School. We were wined & dined and offered full rides and stipends, incentives to reject offers at higher ranked business schools and earn our MBAs at Kenan-Flagler instead. The admission staff knew they had to be convincing, so they brought out the big guns. We were introduced to Stu Hart.

Naturally, we decided Carolina was a fine place to be.

At BRINQ, both Sheri Willoughby and I attribute working with Stu Hart as defining moments in our careers. Sheri, a chemist and environmental specialist from Florida, and I, a computer scientist and technologist from California, had returned to school to answer the question "How can we make companies more environmentally friendly?" However to our great fortune, Stu Hart took us in hand and convinced us to go "beyond greening", that the real opportunity for sustainability was not in better ways to comply (reducing liability and cost) but in creating new strategic business opportunities (increasing revenues and markets): "What radical new business opportunities are available for a sustainable company?"

Hart writes in his acclaimed new book, Capitalism at the Crossroads:

By moving beyond greening, companies hope not only to address mounting social and environmental concerns, but also to build the foundation for innovation and growth in the coming decades. In so doing they would outperform their competitors in today’s businesses, but even more importantly, outrun them to tomorrow’s technologies and markets. In short, sustainable global enterprises would create competitively superior strategies that simultaneously move us more rapidly toward a sustainable world.

Rather than seeking incremental improvements to what already exists, moving beyond greening often means pursuing innovations that may make obsolete what currently constitutes the company’s core business—it is an inherently disruptive act.

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