The key to unlocking global prosperity may be right under our noses. Partnering with small and growing businesses can create social wins even for corporations not explicitly focused on social impact.
More and more multi-national corporations have recognized that working with local small and growing businesses — commercially viable ventures with five to 250 employees, and with significant potential and ambition for growth — can boost a corporation’s bottom line and improve the lives of people in less-developed economies. Supply chains, distribution, technology, and reaching new markets are all key areas where the corporation and small and growing businesses can benefit.
That got my attention. Business partnerships – companies working together to improve everything for everyone.
The full article is worth reading.