Managing Base of the Pyramid as a Business Opportunity : A ...
3rd EU-Africa Business Forum 28 September 2009 Nairobi, Kenya Business strategies at the Base of the...
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![Page 1: 3rd EU-Africa Business Forum 28 September 2009 Nairobi, Kenya Business strategies at the Base of the Pyramid: Business that Matters to the Next 4 Billion.](https://reader037.fdocuments.in/reader037/viewer/2022110402/56649e345503460f94b23190/html5/thumbnails/1.jpg)
3rd EU-Africa Business Forum28 September 2009Nairobi, Kenya
Business strategies at the Base of the Pyramid:Business that Matters to the Next 4 Billion
Dr. Bérangère MagarinosDirector PartnershipsGlobal Alliance for Improved Nutrition
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• Driven by the vision of a world without malnutrition
• GAIN’s mission is to reduce global malnutrition through food fortification and other sustainable strategies aimed at improving the health and nutrition of populations at risk, particularly women and children
• Reach 1 billion people with improved nutrition, of whom, 500 million are at risk of malnutrition
About GAIN
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• Created in 2002 at the Special Session of the UN General
Assembly on Children
• Established as a Swiss Foundation in 2005
• Headquarters in Geneva, Switzerland
• Regional offices in Beijing, Dhaka, New Delhi, Johannesburg
• 57 staff members worldwide
• Donors from North America, Europe, Middle East
GAIN at a Glance
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Salt Iodization
National Fortification
Africa Asia South America
Infant and Young Child Nutrition
40 projects in 27countries, fortifying staple foods,
condiments, and complimentary foods
with vitamins and minerals
GAIN Country Presence
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Base of the Pyramid: the rise of a new business model
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BoP Business Model
Key components that define a BoP business model
• Provide unique products specific to the local community• Localize value creation throughout the supply chain• Enable access to goods and services• Partner to better understand
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The Value of the Process
Key drivers of a successful BoP project
• Partnership amongst stakeholders, including local groups• Deep dialogue over a long period of time between company
and community to build mutual understanding and trust• Co-creation to decide on needs and objectives• Innovation in products and processes to ensure a high quality
product at an affordable price• Mutual value provides sustainable business and sustainable
development
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Opportunity: Danone saw the opportunity to create a social business model to meet their mission statement: “Bring health through food to as many people as possible”.
New Product: ‘Shokti Doi’, a nutritious yogurt product tailored to meet the specific nutritional needs of Bangladeshi children
New Business Model: • Manufacture the product in a micro plant 50x smaller than typical
Danone plant• Design simple, easy to use equipment and train local workers• Use local suppliers and products wherever possible• Build local community awareness and understanding through
tailored nutrition programs• Pioneer techniques to save natural resources and produce
environmentally friendly packaging• Distribute locally through shops and door to door salespeople
A company working at the Base of the Pyramid: Group Danone
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Danone, GAIN and Grameen Bank
Partners in Improving Nutrition in Bangladesh