C.K. Prahalad on Democratising Commerce: The Challenge for the 21st Century – audio – pdf:
Just the four carriers of cell phone services in India have created a market capitalisation of $75 billion plus in the last five years. So there is a huge opportunity to create economic value for the companies and at the same time getting people to be connected. This connectivity has changed the lives of ordinary people, from taxi drivers to small corner shops, road-side shops, to people who are plumbers and carpenters. All of their business models have changed. Now they can use the cell phone to increase their yields, increase their productivity.
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we cannot have in the 21st century a society which does not pay attention to five billion or 80 per cent of people who do not get the ability to participate in the benefits of globalisation. If we just leave them alone and do not pay attention to them I think it is very hard to maintain both peace and some form of law and order.
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we cannot have in the 21st century a society which does not pay attention to five billion or 80 per cent of people who do not get the ability to participate in the benefits of globalisation. If we just leave them alone and do not pay attention to them I think it is very hard to maintain both peace and some form of law and order.
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1 Comment so far
There is no doubt that the technology in our life has brought a lot of change. When it comes to mobile phone and India…well there are 150 million subscribers in India..
Daniel,
Finance Guide 101