Why Traditional Nonprofit Model is Doomed and Social-Profit Sector Must Emerge
The September 2019 issue of Stanford Social Innovation Review presented a fascinating study on why business should co-create solutions with the low-income communities (academically termed BoP which is the “Base of the Pyramid”) in developing countries rather than the traditional transfer approach that takes a patronizing white colonial guiding view on International Development (Cocreating with the Base of the Pyramid, London & Jäger 2019). I found a striking parallel between