Inclusive business
Inclusive business
Published: 01:40 am Mar 09, 2016
Women are overrepresented among the poor; inclusive businesses are supposed to integrate the poor. So why has an independent survey of over 100 of these firms found that only 13 of them specifically target women’s empowerment? And what can be done about it? Hippocampus Learning Centers is by some measures a model inclusive business, as it is a commercial enterprise that integrates low-income people into its core operations as consumers, producers or employees. Moreover, Hippocampus is also a women-inclusive business. It has an explicit strategy to empower women. The company employs unqualified women from Indian villages and trains them to teach pre-school children and manage its learning centers. The company’s mentor system provides career advancement for women, and they are regularly to improve their professional skills and learn from each other and expert trainers. — Blog/adb.org/blogs