7.6 /10 1 Votes
Language English Media type Print (Hardback) ISBN 978-0-13-146750-7 Originally published 5 August 2004 Publisher Wharton School Publishing Subject Business | 3.8/5 Goodreads Publication date August 5, 2004 Pages 432 pp Dewey Decimal 339.4/6/091724 22 Genre Non-fiction | |||||||||||||||||||||||||||||||||
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The concept of The Fortune at the Bottom of the Pyramid originally appeared as an article by C. K. Prahalad and Stuart L. Hart in the business journal Strategy+Business. The article was followed by a book with the same title that discusses new business models targeted at providing goods and services to the poorest people in the world. It makes a case for the fastest growing new markets and entrepreneurial opportunities being found among the billions of poor people 'at the bottom of the [financial] pyramid'. According to Bill Gates, it "offers an intriguing blueprint for how to fight poverty with profitability."
The book consists of a number of case studies, one to a chapter, about businesses that have thrived with such models. These include the businesses Casas Bahia, Patrimonio Hoy, Bank of Madura, Aravind Eye Hospital, Jaipur rugs and Project Shakti and how they were founded.