GUIDEPOSTS FOR THE SUCCESSFUL EXECUTION OF INCLUSIVE BUSINESS STRATEGIES

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Inclusive business strategies – more commonly known as Inclusive Business Models (IBMs) – are business solutions that provide access to economic opportunities to the poorest segments of society in a manner that will make businesses more profitable and sustainable. They are implemented by incorporating low-income populations in the firms’ value networks for the purpose of insuring, among other things, a continuous source of well-trained and highly capable workers, constant and reliable supplies of raw materials and other inputs, and steady increases in sales revenue mainly from poor and hitherto unserved or underserved customers who benefit from lower-priced versions of their products and services.

Jan 23 - STRATEGY GUIDEPOSTS FOR INCLUSIVE BUSINESS (NSP)

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