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Showing posts from August 3, 2014

Business is (or can be) social

Nobel Peace Prize winner Muhammad Yunus is what we can call a real "down-to-earth" person.

In this video (same video - one with English subtitles and the second with Portuguese subtitiles), he talks about he struck a deal with Danone to address the problem of malnutition in Bangladesh.

As you watch, consider the following questions:

From 0:00 - 1:28 

Was the meeting planned?Why did he want to make a partnership with Danone?Why did he think the idea would work? 

From 1:29 - 2:39

What is a social business?Why did he think Danone's chairman misunderstood his English?How did he make sure the chairman understood?

From 2:40 - 3:30

How did his initiative help people who used to be beggars?

From 3:41 - onwards

What's the difference between charity and a social business? 

Are there projects like these in your country? How viable would they be?