Acumen Blog

Measure for Measure: Is the phrase ‘Base of the Pyramid’ off base?

The expression “bottom of the pyramid” was first used by U.S. President Franklin Roosevelt in his 1932 address, The Forgotten Man. “These unhappy times” he decried “call for the building of plans that rest upon the forgotten, the unorganized but the indispensable units of economic power…that build from the bottom up and not from the top down that put their faith once more in the forgotten man at the bottom of the economic pyramid.” [Read More]

If you want to scale impact, be wary of hard and fast conclusions – we know much, but there is more to learn

Earlier this year Endeavor Insight, the research arm of Endeavor, cited evidence indicating that when faced with tradeoffs between social and financial goals, entrepreneurs who lead social enterprises should prioritize financial goals. Linda Rottenberg, CEO of Endeavor, posting on the Harvard Business Review, came to some pretty punchy conclusions. “If you want to scale impact,” the headline booms, “put financial results first…[and] when tradeoffs must be made, prioritize financial goals over social ones to maximize the long-term sustainability of the business.” [Read More]