Access the latest Inclusive Business Resources

By Tatiana Bessarabova, U.S. Engagement Business Fights Poverty

Over the past year, the UK Department for International Development, through the Inclusive Business Boost programme, has supported the development of knowledge products to help multinational corporations (MNCs) scale and replicate inclusive business initiatives. We are pleased to be sharing the full suite of resources with you here.

Many multinational corporations (MNCs) are actively looking at how to scale and replicate inclusive business initiatives. 

In response, the UK Department for International Development, through the Inclusive Business Boost programme, has supported the development of knowledge products that aim to help MNCs identify and address the issues and challenges they face.

To date, it has supported five unique pieces of research and analysis, blog and discussion content, guidance and practical tools from Business Fights Poverty (with our work focusing on Intrapreneurship and Ecosystems) and other leading organisations in the Inclusive business space.  

The links to content below share practical guidance and recommendations and offer a comprehensive picture of how an MNC can create a positive environment for inclusive business to flourish. 

This content is designed for ‘doers’ within MNCs – entrepreneurs throughout the company, innovation leads and strategy teams. The Inclusive Business Boost team also hope they will be of value to other people working across the ecosystem supporting inclusive business, such as donors, impact investors and financial institutions.

We are pleased to be sharing the full suite of resources with you!

 

BLOG SUMMARIES

The Intrapreneurship Ecosystem: Creating Conditions for Social Intrapreneurs to Thrive

Hester Le Roux, Challenge Director, Business Fights Poverty

This blog includes a new guide that provides a framework for understanding the Intrapreneurship Ecosystem. The intention with the guide is to contribute to the growing body of knowledge about incubating, scaling and replicating successful inclusive business models and social innovation. 

Click here to find out more

 

How Can Business Unlock the Potential of Social Intrapreneurs?

Tatiana Bessarabova, Challenge Director, Business Fights Poverty

How businesses can foster an enabling environment that unlocks the potential of social intrapreneurs to drive commercial and social innovation? Business Fights Poverty hosted two online discussions to explore this question as part of the Inclusive Business Boost series funded by DFID.​

 Click here to find out more

 

There is No ‘I’ in team: How Collaboration and Innovation are Enabling Inclusive Businesses to Achieve Greater Social Impact

Sahba Sobhani, Acting Head, Aimee Brown, Communications Lead, and Nazila Valie, Deputy Head, Business Call to Action 

“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?​

Click here to find out more

 

What Difference Can a Multinational Make? With the Right Management Practices in Place, a Lot.

Marcos Neto, Director Finance Sector Hub, UNDP 

The potential for multinational companies to tackle global issues such as poverty, climate change and gender inequality is immense. With their reach, they have the ability to transform low-income markets through innovative business approaches and help lift millions – even billions – out of poverty. Inclusive business is one such model, but numerous internal barriers are preventing multinationals from adopting or scaling this approach.

 Click here to find out more

 

A New Twist on an Old Story: Renewed Hope For Impact From Large Companies

Tom Harrison, Technical Director, Business Innovation Facility

The inclusive business cake has often failed to rise for multinational corporations, but some new recipes offer hope of better things to come

Click here to find out more

 

Inclusive Business – Make or Buy?

Christina Tewes-Gradl, Managing Director, Endeva

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.

Click here to find out more

 

C’est La CIV

Christina Tewes-Gradl, Managing Director, Endeva 

“Enfin!” French CEO’s might smile at the new Statement of the Purpose of the Corporation signed by 181 American CEOs. To them, the idea that a corporation must serve the interests of all stakeholders is part of “savoir vivre” in business. It is therefore perhaps not surprising that France is leading on Corporate Impact Venturing, the practice of investing in startups with a positive social impact.

Click here to find out more

 

REPORT SUMMARIES

The Journey of Multinational Corporations to Inclusive Business

Developed by Hystra and drawn from its experience working directly with MNCs.

This work identifies the steps MNCs can take in order to maximise their chances of creating and bringing to scale inclusive businesses with sustainable impact. It is based on the analysis of the ‘first wave’ of activity by MNCs, over the last decade, to set up and scale inclusive business.

Click here to find out more.

 

The intrapreneurship ecosystem: Creating the conditions for social innovation to flourish in your company

Developed by Business Fights Poverty and League of Intrapreneurs and based on insights and information gathered from global workshops, online learning sprints and interviews with dozens of intrapreneurs, leaders and subject matter experts.

This report provides a framework for understanding the “Intrapreneurship Ecosystem” – the complex set of processes, practices, resources and relationships which collectively serve to facilitate or inhibit intrapreneurship and social innovation. It identifies four key components of the internal Intrapreneurship Ecosystem and explains the ways in which each element can either serve to help intrapreneurship to flourish, or hinder the process of innovative ideas being generated, developed and scaled. It also provides peer advice and examples on how to scale and systemise intrapreneurs’ insight, energy and ideas.

Click here to find out more.

 

Inclusive Business – Make or Buy: Corporate Impact Venturing at the Base of the Pyramid

Developed by Endeva and drawn from insights gathered from interviews conducted with eleven companies, four investees and nine experts

This report outlines the reasons why companies should consider buying inclusive businesses externally as an alternative to building them internally. It also describes ‘how to buy’ and who can provide support.

Click here to find out more.

 

Reimagining Inclusive Business

Developed by Accenture Development Partnership and based on a wide-ranging literature review, interviews with 30+ experts in business, finance, policy-making and academia and on a new evidence base of 300+ inclusive business examples. 

This report focuses on how the basic “meaning” of inclusive business has been transformed over the past decade – and why an increasingly diverse range of profitable new models and opportunities is opening up for companies in almost every industry as we move into the 2020s.

Click here to find out more.

 

Improving Inclusive Business Management Practices in Corporations

Developed by Business Call to Action and UNDP and drawn from a decade of experience engaging with companies implementing IB across sizes, sectors and regions. It includes insights from the latest State of IB Survey and interviews with executives from over 20 corporations across regions from June 2018 to January 2019.

This report looks at the constraints within MNCs that are preventing the uptake and internalisation of inclusive business models. It considers the internal barriers to scale and the specific management practices that MNCs adopt or develop for their inclusive business. It presents what it means to develop and tailor management practices to inclusive business, why it is important for the success of the inclusive business and how companies can improve and become leaders.

Click here to find out more.

LINKS TO DISCUSSIONS

There are also a number of written online discussions in which experts shared their insights and views in response to the following questions:

Can Corporates Use Technology to Make a Deeper and More Responsible Contribution to Inclusive Business?  Click here to access the discussion.

How Can Corporations Develop and Tailor Management Practices to Inclusive Business? Click here to access the discussion

Make or Buy: When Should Corporates Invest in Inclusive Business Solutions? Click here to access the discussion

How can businesses foster an enabling environment that unlocks the potential of social intrapreneurs to drive commercial and social innovation? Click here to access the discussion

LINK TO WEBINAR RECORDING

A webinar on “What Management Practices Bring Inclusive Business to Scale?” explored how innovative management practices tailored to the Base of the Pyramid (BoP) market can provide competitive advantage, ensure a better understanding and responsiveness to stakeholders, and balance short-term stability with long-term viability. The panel of experts featured in the webinar are companies who took part in the Business Call to Action’s What Does It Take to Go Big report. Click here to find out more.

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