{"id":2278,"date":"2020-04-09T07:26:25","date_gmt":"2020-04-09T11:26:25","guid":{"rendered":"http:\/\/blog.uvm.edu\/si-mba\/?p=2278"},"modified":"2020-04-08T13:27:36","modified_gmt":"2020-04-08T17:27:36","slug":"embedding-co-creating-the-future","status":"publish","type":"post","link":"https:\/\/blog.uvm.edu\/si-mba\/2020\/04\/09\/embedding-co-creating-the-future\/","title":{"rendered":"Embedding: Co-Creating the Future"},"content":{"rendered":"\n

This post was written by Jay Kulkarni ’20. Connect with him on LinkedIn<\/a>.<\/em><\/p>\n\n\n\n

I am interested in\nthe ethical\nissues<\/a> around climate change mitigation strategies. I found similar themes\nin our class examples of base-of-pyramid (BoP) settings \u2013 underserved\ncommunities around the globe have disproportionately greater vulnerability to a\nchanging environment. This was memorably illustrated by the Tamil fisher Ezhil,\nwho lamented that local fishing knowledge passed down from his antecedents didn\u2019t\nseem to be much use anymore; shifting migration patterns and ranges of fish\nspecies, as well as the vagaries of a changing climate, threatened poor fishing\ncommunities that didn\u2019t have the economic resilience to bear the shock. Ezhil\u2019s\nstory also highlighted the intersection of many sources of disadvantage found\nin BoP communities. In his case, Ezhil\u2019s low level of education, coupled with\nhis geographically-marginalised position as a coastal dweller, surely contributed\nto the hopelessness and pathos in his words. It\u2019s also hard to imagine that\ncaste did not play a role in his marginalization and the limited roles easily available\nto him and his descendants. <\/p>\n\n\n\n

\"\"
Photo by\u00a0Rajesh Ram<\/a>\u00a0on\u00a0Unsplash<\/a><\/figcaption><\/figure><\/div>\n\n\n\n

A frequent theme across the readings was the necessity of ecosystem thinking; communities lower on the socioeconomic ladder each have a unique context that present considerable challenges to business creation. I think Simanis\u2019 discussion of market creation was the first time I really considered that the free market\u2019s failure to provide opportunities at the BoP was damning, because, if the market didn\u2019t make it happen, no-one else would do it. I was less enthused with his three-step prescription to follow to develop new BoP markets. If such market creation is as complex as Simanis, Vishwanathan and others say, any sweeping solution is unlikely to be successful in every BoP context. For example, Simanis recommends growing a BoP business by expanding upon a base of personally-vested customers. Would this step happen in exactly this way in a more individualistic society, or one with different geographic challenges, or a different economic context? \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/p>\n\n\n\n

Rather than only consider successful ventures such as Essilor\u2019s low-cost glasses or Padman\u2019s sanitary pads, I think it would be useful to consider promising BoP ventures that failed. The obvious failures that couldn\u2019t bring all stakeholders in to the creative process or fully consider the local context are less interesting than those where all the stars seemed to align but tangible results failed to materialize. <\/p>\n","protected":false},"excerpt":{"rendered":"

This post was written by Jay Kulkarni ’20. Connect with him on LinkedIn. I am interested in the ethical issues around climate change mitigation strategies. I found similar themes in our class examples of base-of-pyramid (BoP) settings \u2013 underserved communities around the globe have disproportionately greater vulnerability to a changing environment. This was memorably illustrated … <\/p>\n

Continue reading “Embedding: Co-Creating the Future”<\/span><\/a><\/p>\n","protected":false},"author":4489,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[425358,26210,26],"tags":[17503,4433],"class_list":["post-2278","post","type-post","status-publish","format-standard","hentry","category-pop","category-class","category-learning","tag-entrepreneurship","tag-sustainability"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p8b9n0-AK","_links":{"self":[{"href":"https:\/\/blog.uvm.edu\/si-mba\/wp-json\/wp\/v2\/posts\/2278","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blog.uvm.edu\/si-mba\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.uvm.edu\/si-mba\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.uvm.edu\/si-mba\/wp-json\/wp\/v2\/users\/4489"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.uvm.edu\/si-mba\/wp-json\/wp\/v2\/comments?post=2278"}],"version-history":[{"count":1,"href":"https:\/\/blog.uvm.edu\/si-mba\/wp-json\/wp\/v2\/posts\/2278\/revisions"}],"predecessor-version":[{"id":2280,"href":"https:\/\/blog.uvm.edu\/si-mba\/wp-json\/wp\/v2\/posts\/2278\/revisions\/2280"}],"wp:attachment":[{"href":"https:\/\/blog.uvm.edu\/si-mba\/wp-json\/wp\/v2\/media?parent=2278"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.uvm.edu\/si-mba\/wp-json\/wp\/v2\/categories?post=2278"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.uvm.edu\/si-mba\/wp-json\/wp\/v2\/tags?post=2278"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}