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cases certainly can be found of large firms and…

“cases certainly can be found of large firms and multinational corporations (MNCs) that may have undermined the efforts of the poor to build their livelihoods, the greatest harm they might have done to the poor is to ignore them altogether.” quote by C.K. Prahalad
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““cases certainly can be found of large firms and multinational corporations (MNCs) that may have undermined the efforts of the poor to build their livelihoods, the greatest harm they might have done to the poor is to ignore them altogether.””

C.K. Prahalad

About This Quote

This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation.

Ignoring the poor eliminates their voice and potential, causing greater damage than misguided corporate actions.

In simple terms: Excluding the poor hurts more than missteps.

Key Takeaway

Include poor in decision‑making.

Themes

poverty corporate responsibility inclusion

Mood

concerned critical

Type

ethical policy

When to use this quote

  • policy design
  • NGO programs
  • community budgeting
  • social entrepreneurship

Key Concepts

development economics stakeholder theory

Questions to Reflect On

  • How can firms be incentivized to engage the poor?
  • What mechanisms ensure genuine inclusion?
A Different Perspective

Assumes all firms can be persuaded to include the poor.

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