Economic Development

Economic Development Strategies to Combat Global Poverty

During this week’s Spotlight interview podcast, we speak with Naureen Hyat. Naureen is a serial entrepreneur ranked on the Women in FinTech Powerlist 2017.
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To mark the launch of a new Challenge supported by Walmart on the Future of Work, Enrique Ostalé, Regional CEO of UK, Latin America and Africa at Walmart International, and Zahid Torres-Rahman, Founder and CEO of Business Fights Poverty joined Brad Staples, CEO of APCO at Concordia’s 2019 Annual Summit, to speak about International Future of Work Trends.
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On 23rd September, over 150 individuals from business, civil society and government came together for Business Fights Poverty NYC 2019 to explore the theme of rethinking collaboration for the SDGs. Watch the videos of the plenary sessions, by our film partner Be Inspired Films.
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Over the past 15 years, corporate leaders, investors, and nongovernmental organizations (NGOs) have demonstrated that, with the use of innovative business models, profit can be aligned with social and environmental progress. A departure from the “band-aid” corporate social responsibility (CSR) approaches of the 1990s, these strategies involve fundamental changes to business practices, including alterations to core products and services.
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It was during a Business in the Community event in the summer of 2006 that I first met Carol Monoyios, CARE UK’s Marketing Director, and responsible (in part, at least) for the fact that I spent the next 13 years working for CARE International.
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As world leaders and activists gathered in New York last month to address the climate crisis and the faltering rate of progress toward the UN’s Sustainable Development Goals (SDGs), the calls for systemic change are getting ever louder. Systems change is an inspiring goal – but how can we achieve it?
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This year’s UN General Assembly is finally here, and pledges to once again achieve the Sustainable Development Goals (SDGs) have already begun. Much of this activity is focused on the private sector, a key actor in delivering on these ambitious goals. Even though we have moved into an era of business coalitions and actions for good—with a new initiative literally being created on a daily basis—economic inequality continues to rise, the climate crisis is worsening, and gender equality is far from a reality.
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“If I have seen further, it is by standing on the shoulders of giants,” said Sir Isaac Newton in 1675. Over three centuries later, his recognition that nothing great is achieved in isolation is more relevant than ever. Would Steve Jobs have been able to transform his ideas into reality without a team around him? What relevance would Google have had without those who invented the internet?​
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Join us for a live written discussion with a panel of experts to explore how we can tailor management practices to help foster inclusive business. This discussion will take place on 25 SEP 15:00 – 16:00 BST / 10:00 – 11:00 EDT
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MSMEs are vital drivers of growth for large companies and the lifeblood of communities, but many continue to struggle with multiple challenges. All those organisations with a stake in their success – large companies, governments, donors and funders, and NGOs – need to move towards a more holistic and joined-up approach to enterprise support with the goal of strengthening the underlying ecosystem in which MSMEs operate.
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Join us for a live written discussion with a panel of experts to explore how we can tailor management practices to help foster inclusive
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Recently, a group of 181 CEOs, collectively representing over 15 million employees and more than $7 trillion in annual revenues, declared that they are no longer putting shareholders before everyone else. How can words be turned into action?​
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Be inspired by Business Fights Poverty NYC keynote speaker, Naureen Hyat, as she tells us about Tez Financial Services, a Visa Everywhere Initiative award-winning technological innovation, which is positioned to bridge the gap towards the financial inclusion of women in Pakistan.
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What happens when a bank makes a move towards achieving greater gender parity internally, combined with a razor sharp focus on the ambitions set out in SDG 5? Learn more in a conversation with Laura Hemrika, Global Head, Corporate Citizenship & Foundations and Patsy Doerr, Global Head of Diversity and Inclusion, Credit Suisse.
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Impact champions such as India’s Empower Pragati are turning the impact measurement field around. Rather than defining impact based on past activities, they are using ongoing business activities to guide how they chart the course for the future​
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Having access to clean toilets is not just a basic human right – it’s also a health necessity. But in India, nearly 50 million people[1] lack access to adequate sanitation, increasing the risk of water contamination and diseases for these individuals.​
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Corporates venturing into low-income markets should ask themselves: could we buy one or several inclusive businesses to achieve our objectives? Our latest study reviews when investing instead of building makes sense, how to set up such investments and who can help.
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15 years ago I was working in the London advertising industry, promoting products I didn’t believe in for clients who didn’t appreciate it. I ended up asking myself ‘What am I doing with my life?’
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It is progress when communications and CSR (Corporate Social Responsibility) teams unite under the purpose banner*. But to deliver sustainable success for all it is critical that Executive Teams and their Board’s grasp the initiative and hot-wire purpose into the core of their business strategy.
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The world is full of big problems and big challenges where organizations of all scale and industry are trying to address through corporate giving.  Modifying the approach, and treating giving with the same rigor and business process used on the commercial side will lead to big change.
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What do we mean by "Economic Development"?

Explore how economic growth can significantly reduce poverty through innovative business initiatives and strategic planning. Join us in making a difference.

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