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New Places, New Consumers SC Johnson long has been committed to practicing and promoting what increasingly has become known as the “base of the pyramid” strategy. In 2004, this concept gained further recognition as we partnered with Stuart L. Hart, Samuel C. Johnson Chair of Sustainable Global Enterprise and Professor of Management at Cornell University’s Johnson Graduate School of Management, to develop and promote the groundbreaking Base of the Pyramid Protocol. Building on the concept of creating value for those most in need of support, SC Johnson participated throughout 2003 and 2004 in the creation of the protocol, through which the private sector and local communities build economic, social and environmental value at the base of the economic pyramid.
The protocol is a collaborative venture between Cornell University, the University of North Carolina, the University of Michigan, The World Resources Institute and The Johnson Foundation. The effort is supported financially by SC Johnson, DuPont, Hewlett-Packard and Tetra Pak. The protocol encompasses a formal business process to generate value for all stakeholders. It provides a step-by-step process for initiating this model, including three key phases:
SC Johnson has been closely involved in the development of the protocol, and in 2004 participated in the design workshop that led to the draft protocol. This summer, we are sponsoring field testing of the protocol in Kenya by funding interns from Cornell University, the University of North Carolina and the University of Michigan who will implement the protocol and document its impact. By doing this, we hope to learn more about base of the pyramid strategy and its implementation. Equally important, by making this process transparent and sharing the learnings, we hope to prove the tremendous positive impact that can be made by multinational corporations. Ultimately, like its partners in this effort, SC Johnson aims to continue finding and implementing opportunities to generate local development and wealth while developing new capabilities and markets for our business. Here are a few of the insights shared in the Base of the Pyramid Protocol that SC Johnson helped develop:
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