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Capitalism at the Crossroads: Next Generation Business Strategies for a Post-Crisis World Book

Capitalism at the Crossroads: Next Generation Business Strategies for a Post-Crisis World
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Capitalism at the Crossroads: Next Generation Business Strategies for a Post-Crisis World, Today's era of economic crisis has sent a powerful message: The age of mercenary capitalism is ending. We must finally embark on a new age of sustainable, stakeholder-based capitalism. While enlightened executives and policymakers understand the critica, Capitalism at the Crossroads: Next Generation Business Strategies for a Post-Crisis World
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  • Capitalism at the Crossroads: Next Generation Business Strategies for a Post-Crisis World
  • Written by author Stuart L. Hart
  • Published by Pearson Education, 6/29/2010
  • Today's era of economic crisis has sent a powerful message: The age of "mercenary" capitalism is ending. We must finally embark on a new age of sustainable, stakeholder-based capitalism. While enlightened executives and policymakers understand the critica
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Authors

About the Author . . . xi

Acknowledgments . . . xii

Preface: Al Gore, Former Vice President of the United States . . . xxiii

Foreword: Fisk Johnson, Chairman and CEO, S. C. Johnson & Son, Inc. . . . xxvi

PART ONE: MAPPING THE TERRAIN 1

Prologue: Reinventing Capitalism for the Post-Crisis World . . . 3

The Great Disruption . . . 4

The Best of Times, The Worst of Times . . . 5

Environmental Meltdown? . . . 8

The Demise of Development . . . 10

Implications for Corporations . . . 13

The Fork in the Road . . . 15

Chapter 1: From Obligation to Opportunity . . . 19

The Great Trade-Off Illusion . . . 21

The Greening Revolution . . . 23

Shattering the Trade-Off Myth. . . . 25

Breaking Free of Command-and-Control . . . 26

Beyond Greening . . . 30

Raging Against the Machine . . . 33

Smart Mobs Versus Smart Globalization . . . 35

Becoming Indigenous . . . 38

The Road Ahead . . . 41

Overview of the Book . . . 43

Chapter 2: Worlds in Collision . . . 51

The Three Economies . . . 53

Collision Course . . . 60

New Lenses on the Global Market . . . 62

Developed Markets: Reducing Corporate Footprint . . . 65

Emerging Markets: Avoiding the Collision . . . 68

Traditional Markets: Serving Real Needs . . . 72

The Value Proposition . . . 76

Chapter 3: The Sustainable Value Portfolio . . . 79

Sustainability Buzzwords . . . 80

Elements of Shareholder Value . . . 81

The Buzzword Sort . . . 84

Connecting the Dots: The Sustainable Value Portfolio . . . 87

Charting the Sustainable Value Portfolio . . . 97

The Road to Sustainability . . . 99

Pursuing the White Space. . . . 104

PART TWO: BEYOND GREENING 109

Chapter 4: Clean Technology and Creative Destruction . . . 111

Continuous Improvement Versus Creative Destruction . . . 112

From Textile Dyes to Biomaterials . . . 118

Using Carbon Dioxide to Change the World . . . 120

Developing an Ecomagination . . . 122

Whole-Systems Thinking . . . 124

Reinventing the Wheels . . . 128

Technologies of Liberation . . . 131

Eating Your Own Lunch . . . 133

Chapter 5: Innovation from the Bottom-Up . . . 137

On the Horns of a Dilemma . . . 138

Birth of BoP. . . 139

The Tip of the Iceberg . . . 141

Creative Creation . . . 146

Driving Innovation from the Base of the Pyramid . . . 149

Connecting the World. . . 151

Food, Health, and Hope? . . . 155

Power to the People . . . 158

The Great Convergence . . . 162

A New Development Paradigm . . . 165

Taking the Great Leap . . . 167

Chapter 6: Raising the Base of the Pyramid . . . 171

BoP Pioneers . . . 172

It’s the Business Model, Stupid . . . 173

Assessing Sustainability Impact . . . 189

Village Phones: The Triple Bottom Line . . . 192

The MNC Advantage . . . 196

A Common Cause . . . 197

PART THREE: BECOMING INDIGENOUS 201

Chapter 7: Broadening the Corporate Bandwidth . . . 203

Learning from Ladakh . . . 204

The Post-Development Challenge . . . 207

Radical Transactiveness. . . 211

Fanning Out: Extending the Scope of the Firm . . . 213

Fanning In: Integrating Diverse and Disconfirming Information . . . 217

Expanding Our Concept of the Global Economy . . . 222

From Alien to Native . . . 224

Chapter 8: Developing Native Capability . . . 227

Next Generation Strategies and Skills . . . 229

Engage First, Design Second . . . 230

Coinvent Custom Solutions . . . 234

Fail Small, Learn Big . . . 237

Fly Under the Radar . . . 239

Work with Nontraditional Partners . . . 242

Build Social, Not Legal, Contracts . . . 244

Moving Beyond the Multinational Model . . . 248

Chapter 9: Re-Embedding Innovation Strategy . . . 253

Comparing Apples and Oranges . . . 254

Toward a Base of the Pyramid Protocol . . . 257

Learning by Doing . . . 262

Taking the Initiative on Water . . . 267

The Three Big Challenges . . . 273

Leading the Next Great Transformation . . . 276

Chapter 10: Building the Sustainable Global Enterprise . . . 281

Making It Happen in the Real World . . . 283

Aligning the Organization . . . 293

Building the Cathedral . . . 300

Postscript . . . 302

Epilogue: Looking Forward . . . 307

Draining the Swamp . . . 308

The Next Tsunami . . . 310

Who Will Be the Twenty-First Century Watchdog? . . . 312

Index . . . 315


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Capitalism at the Crossroads: Next Generation Business Strategies for a Post-Crisis World, Today's era of economic crisis has sent a powerful message: The age of mercenary capitalism is ending. We must finally embark on a new age of sustainable, stakeholder-based capitalism. While enlightened executives and policymakers understand the critica, Capitalism at the Crossroads: Next Generation Business Strategies for a Post-Crisis World

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Capitalism at the Crossroads: Next Generation Business Strategies for a Post-Crisis World, Today's era of economic crisis has sent a powerful message: The age of mercenary capitalism is ending. We must finally embark on a new age of sustainable, stakeholder-based capitalism. While enlightened executives and policymakers understand the critica, Capitalism at the Crossroads: Next Generation Business Strategies for a Post-Crisis World

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Capitalism at the Crossroads: Next Generation Business Strategies for a Post-Crisis World, Today's era of economic crisis has sent a powerful message: The age of mercenary capitalism is ending. We must finally embark on a new age of sustainable, stakeholder-based capitalism. While enlightened executives and policymakers understand the critica, Capitalism at the Crossroads: Next Generation Business Strategies for a Post-Crisis World

Capitalism at the Crossroads: Next Generation Business Strategies for a Post-Crisis World

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