Resources

Jaiswal, Anand Kumar / 2008. The Fortune at the Bottom or the Middle of the Pyramid?
Innovations, 3 (1): 85-100.

The Bottom of the Pyramid (BOP) has emerged as a dominant concept in business, propelled by C. K. Prahalad’s The Fortune at the Bottom of the Pyramid. Given the enormous attention the concept has attracted, it has the potential to impact the world’s billions of poor people—as well as the managerial practices of multinational corporations. This double potential makes it important to analyze how large corporations can serve low-income customers profitably. Considering the far-reaching implications of these proposals, the underlying premises demand careful scrutiny. Several questions need to be answered: Is there really a “fortune” at the bottom of the pyramid? If so, can MNCs tap it as easily as BOP proponents suggest? And—is there also a fortune for the bottom of the pyramid?


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Appeared in

Sector: Agriculture Enterprise, Gender Health Providers, Sanitation Access
Region: South Asia