‘Profitability is Sustainability’ : 17 ideas on business and development


The challenge to business

Adapt your models for poor countries: The role of the private sector goes beyond bolt-on philanthropic activities, it can be embedded in everyday business. This demands different business models. In GSK’s case, developing medicines and vaccines and making sure they are accessible is the contribution we can make. We have switched our focus to growing volumes in the poorest countries and capped our prices there, helping to strengthen healthcare systems and generate long-term, inclusive development. Allan Pamba, vice president for East Africa, GSK, Nairobi, Kenya @GSK

Recognise it’s in your interest to act: Said Salim Bakhresa & Co. (SSB), an east African flour mill, launched its malaria control initiative (as part of a broader PPP) in 2008 when an internal study revealed that one in five employees were suffering monthly from malaria. The company initiated a malaria treatment and prevention programme to educate and protect its 6,000 workers. It distributed nets, made rapid diagnostic tests and medicine available in its clinics, and updated its malaria protocols. As a result, SSB has cut its malaria-related treatment costs by two-thirds. Malaria-related absences dropped by 80%. David Kyne, CEO, Kyne, New York, United States @dkyne

Continue reading at: The Guardian

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