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Bloomberg Businessweek

A Road Map for How Businesses Can Grow in the World’s Most Challenging Environments

Jul 16, 2024
15:21
Snipd AI
Discover how businesses can prosper in challenging environments like Senegal and Lebanon as Viva Ona Bartkus and Emily S. Block share insights on profitability, community engagement, and navigating cultural landscapes from their book 'Business on the Edge'.
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Podcast summary created with Snipd AI

Quick takeaways

  • Engaging in challenging regions can be rewarding, offering untapped business potential.
  • Businesses must prioritize ethical practices, hiring locals, and forging partnerships for sustainable growth.

Deep dives

Business on the Front Lines: Exploring Risk and Potential in Critical Environments

Discussing the concept of 'frontline environments,' the podcast highlights Senegal, Honduras, and Uganda as examples of isolated areas facing poverty and violence. These regions present challenges but also hold untapped potential for business opportunities, according to the authors of the book 'Business on the Edge.' Despite the risks, the authors argue that engaging in these tough places can be rewarding, emphasizing the significant economic value and the role of businesses in addressing global challenges.

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