1: Introduction to Inclusive Business Models
By the end of this session, you will be able to:
- define inclusiveness in a business context
- identify key challenges regarding inclusive business models
- apply concepts to your own business context.
Topic 1: What are Inclusive Business Models?
Inclusive Business Models (IBMs) can benefit the agriculture sector, which is a source of livelihood for an estimated 86% of the worlds rural population (2.5 billion people) and provides employment to 1.3 billion smallholders and landless workers.
A more dynamic and inclusive agriculture sector could dramatically reduce rural poverty, helping countries meet the Sustainability Development Goal. Cross- country econometric estimates show that overall GDP growth originating in agriculture is, on average, at least twice as effective in benefiting the poorest half of a country’s population as the growth generated in non-agricultural sectors.
Draw a value chain of your company on flipchart paper and identify possible challenges in relation to IBM.
For further information on how to draw the value chain, see page 38 of the LINK-methodology.
- Interview: Novos Horizontas video
- Business Case: Novos Horizontas
- Research & publications: ‘Is inclusive business for you?’ Chapter B8 Novos Horizontes, pp. 87–96.
- Research & publications: “Insights Series 03: Partnerships for Inclusive Business Development”, section 1 and 2.