Understanding Inclusive Strategies Amar KJR Nayak Xavier Institute

Understanding Inclusive Strategies Amar KJR Nayak Xavier Institute of Management, Bhubaneswar

FIRM? The key engine of growth in a free & competitive market system 2

Growth Profit Strategizing & Economizing 3

Traditional Firm Strategies-1 Competitive Strategies Strategic Conflict Attenuating Competitive Forces Resource Based Strategy Dynamic Capabilities (TC-PPP)

Other Versions of Strategy

Inclusive Strategies (Internalizing Strategies of a Traditional Firm)

Traditional Firm Strategies – 2 Paternalistic Strategy Complementation Strategy Co-creation, Co-petition … Corporate Social Responsibility Strategic CSR Bottom of the Pyramid Social Entrepreneurship 7

Strategic CSR Strategy & Society (Let’s discuss the article)

Paternalistic Strategy

Complementation Strategy

Corporate Social Responsibility Strategic CSR

Co-creation Co-petition

Bottom of the Pyramid

Social Entrepreneurship

Social Entrepreneurship § As a Citizen Sector Organization rather than “Non” Governmental organization to meet a societal need that is self-sustaining § Develop a new way of seeing the problem and solution through understanding the local issues and market § Partner with government, business, universities and all other sources of resources creatively to achieve goals § Ashoka Foundation is now operating in nearly 70 countries around the world and supporting a global network of nearly 2, 000 leading social entrepreneurs. It also seeks new leading entrepreneurs with ground-breaking solutions to social problems that have potential global spread 15

Different Forms of Social Enterprises Confusions on design principles, assumptions & inability to achieve objectives

Paradigm X Perfect Market Competition Paradigm Y Perfect Community Cooperation

Comparative Factors Purpose Values Principles Approach Tools, Techniques Definitions Language

Paradigm X ……………………… Perfect Social Enterprise Market Competition ……………. . . . Paradigm Y Perfect Community Cooperation