School Choice at the Crossroads

School Choice at the Crossroads

Author: Mark Berends

Publisher: Routledge

Published: 2018-10-04

Total Pages: 260

ISBN-13: 135121330X

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School Choice at the Crossroads compiles exemplary, policy-relevant research on school choice options—voucher, private, charter, and traditional public schools—as they have been implemented across the nation. Renowned contributors highlight the latest rigorous research findings and implications on school vouchers, tuition tax credits, and charter schools in states and local areas at the forefront of school choice policy. Examining national and state-level perspectives, each chapter discusses the effects of choice and vouchers on student outcomes, the processes of choice, supportive conditions of school choice programs, comparative features of school choice, and future research. This timely volume addresses whether school choice works, under what conditions, and for whom—further informing educational research, policy, and practice.


Book Synopsis School Choice at the Crossroads by : Mark Berends

Download or read book School Choice at the Crossroads written by Mark Berends and published by Routledge. This book was released on 2018-10-04 with total page 260 pages. Available in PDF, EPUB and Kindle. Book excerpt: School Choice at the Crossroads compiles exemplary, policy-relevant research on school choice options—voucher, private, charter, and traditional public schools—as they have been implemented across the nation. Renowned contributors highlight the latest rigorous research findings and implications on school vouchers, tuition tax credits, and charter schools in states and local areas at the forefront of school choice policy. Examining national and state-level perspectives, each chapter discusses the effects of choice and vouchers on student outcomes, the processes of choice, supportive conditions of school choice programs, comparative features of school choice, and future research. This timely volume addresses whether school choice works, under what conditions, and for whom—further informing educational research, policy, and practice.


Time to Choose

Time to Choose

Author: Amy Stuart Wells

Publisher:

Published: 1993

Total Pages: 240

ISBN-13:

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Book Synopsis Time to Choose by : Amy Stuart Wells

Download or read book Time to Choose written by Amy Stuart Wells and published by . This book was released on 1993 with total page 240 pages. Available in PDF, EPUB and Kindle. Book excerpt:


Charter Schools at the Crossroads

Charter Schools at the Crossroads

Author: Chester E. Finn (Jr.)

Publisher:

Published: 2016

Total Pages: 0

ISBN-13: 9781612509778

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This is a book by several charter school advocates taking stock of the past, present, and future of the charter movement.--


Book Synopsis Charter Schools at the Crossroads by : Chester E. Finn (Jr.)

Download or read book Charter Schools at the Crossroads written by Chester E. Finn (Jr.) and published by . This book was released on 2016 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is a book by several charter school advocates taking stock of the past, present, and future of the charter movement.--


School Choice at the Crossroads of Race, Class, and Accountability

School Choice at the Crossroads of Race, Class, and Accountability

Author: Teresa Craig Evans

Publisher:

Published: 2010

Total Pages:

ISBN-13:

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ABSTRACT: In recent years, the responsibility for the desegregation of American public schools has transitioned from federal court mandates to school board programs and policies. There is widespread belief that this has resulted in the resegregation of schools across the country. One popular policy that is purported to provide the opportunity for voluntary integration, along with accountability for academic quality, is school choice. The purpose of this study was to consider the implications of such a policy in one large school district. There is an extensive body of research exploring who participates in school choice, how they make their choices, and why they choose the schools their children attend. In contrast, this study was designed to investigate the actual choices made by parents and the impact of those choices on the elementary schools in the district. This quantitative descriptive study examined the racial and socioeconomic composition of students in one district's elementary schools during the 2009-2010 school year, and explored the extent to which the student populations in these schools would differ if all students had attended their attendance area schools, rather than participating in the district's voluntary choice plan. The actual 2009-2010 demographics were compared to "counterfactual" demographics for each school. The researcher generated the counterfactual data by removing the students who chose to attend the school and adding back the students who chose to exit the school. These actual and counterfactual demographics for each school were used to compare dissimilarity indices calculated for the district's elementary schools as they actually were, and as they theoretically would have been without the school choice program. Additionally, the quality of the schools parents chose was investigated. The results showed that, in this district, the school choice plan did not impact the level of integration in the elementary schools. The schools were moderately segregated with the school choice plan in place, but were also moderately segregated based on the counterfactual demographics that represented the district without school choice. Most parents (60%) chose high quality schools, as identified by the state's accountability plan. However, parents who chose low achieving schools were disproportionately black and poor. Further research is warranted to determine if the mechanics of the school choice plan could be manipulated to improve the level of integration in the district, and to better understand the decisions made by some parents to send their children to low performing schools.


Book Synopsis School Choice at the Crossroads of Race, Class, and Accountability by : Teresa Craig Evans

Download or read book School Choice at the Crossroads of Race, Class, and Accountability written by Teresa Craig Evans and published by . This book was released on 2010 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: ABSTRACT: In recent years, the responsibility for the desegregation of American public schools has transitioned from federal court mandates to school board programs and policies. There is widespread belief that this has resulted in the resegregation of schools across the country. One popular policy that is purported to provide the opportunity for voluntary integration, along with accountability for academic quality, is school choice. The purpose of this study was to consider the implications of such a policy in one large school district. There is an extensive body of research exploring who participates in school choice, how they make their choices, and why they choose the schools their children attend. In contrast, this study was designed to investigate the actual choices made by parents and the impact of those choices on the elementary schools in the district. This quantitative descriptive study examined the racial and socioeconomic composition of students in one district's elementary schools during the 2009-2010 school year, and explored the extent to which the student populations in these schools would differ if all students had attended their attendance area schools, rather than participating in the district's voluntary choice plan. The actual 2009-2010 demographics were compared to "counterfactual" demographics for each school. The researcher generated the counterfactual data by removing the students who chose to attend the school and adding back the students who chose to exit the school. These actual and counterfactual demographics for each school were used to compare dissimilarity indices calculated for the district's elementary schools as they actually were, and as they theoretically would have been without the school choice program. Additionally, the quality of the schools parents chose was investigated. The results showed that, in this district, the school choice plan did not impact the level of integration in the elementary schools. The schools were moderately segregated with the school choice plan in place, but were also moderately segregated based on the counterfactual demographics that represented the district without school choice. Most parents (60%) chose high quality schools, as identified by the state's accountability plan. However, parents who chose low achieving schools were disproportionately black and poor. Further research is warranted to determine if the mechanics of the school choice plan could be manipulated to improve the level of integration in the district, and to better understand the decisions made by some parents to send their children to low performing schools.


Handbook of Research on School Choice

Handbook of Research on School Choice

Author: Mark Berends

Publisher: Routledge

Published: 2019-06-20

Total Pages: 534

ISBN-13: 1351210424

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Updated to reflect the latest developments and increasing scope of school-based options, the second edition of the Handbook of Research on School Choice makes readily available the most rigorous and policy-relevant research on K–12 school choice. This comprehensive research handbook begins with scholarly overviews that explore historical, political, economic, legal, methodological, and international perspectives on school choice. In the following sections, experts examine the research and current state of common forms of school choice: charter schools, school vouchers, and magnet schools. The concluding section brings together perspectives on other key topics such as accountability, tax credit scholarships, parent decision-making, and marginalized students. With empirical perspectives on all aspects of this evolving sphere of education, this is a critical resource for researchers, faculty, and students interested in education policy, the politics of education, and educational leadership.


Book Synopsis Handbook of Research on School Choice by : Mark Berends

Download or read book Handbook of Research on School Choice written by Mark Berends and published by Routledge. This book was released on 2019-06-20 with total page 534 pages. Available in PDF, EPUB and Kindle. Book excerpt: Updated to reflect the latest developments and increasing scope of school-based options, the second edition of the Handbook of Research on School Choice makes readily available the most rigorous and policy-relevant research on K–12 school choice. This comprehensive research handbook begins with scholarly overviews that explore historical, political, economic, legal, methodological, and international perspectives on school choice. In the following sections, experts examine the research and current state of common forms of school choice: charter schools, school vouchers, and magnet schools. The concluding section brings together perspectives on other key topics such as accountability, tax credit scholarships, parent decision-making, and marginalized students. With empirical perspectives on all aspects of this evolving sphere of education, this is a critical resource for researchers, faculty, and students interested in education policy, the politics of education, and educational leadership.


Charter Schools at the Crossroads

Charter Schools at the Crossroads

Author: Lee Sherman Caudell

Publisher:

Published: 1996

Total Pages: 66

ISBN-13:

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Book Synopsis Charter Schools at the Crossroads by : Lee Sherman Caudell

Download or read book Charter Schools at the Crossroads written by Lee Sherman Caudell and published by . This book was released on 1996 with total page 66 pages. Available in PDF, EPUB and Kindle. Book excerpt:


Thrive

Thrive

Author: Grant Lichtman

Publisher: Corwin Press

Published: 2019-09-13

Total Pages: 229

ISBN-13: 1544381212

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Become an irresistible school Our rapidly evolving world is dramatically impacting how we view schools. Fortunately, we have the knowledge to not only survive, but thrive during rapid change. Other organizations have faced these evolutionary disruptions for centuries. Thrive: How Schools Will Win the Education Revolution translates this knowledge for educators. Written by Grant Lichtman, a thought leader on the transformation of education, this book will help administrators understand: • The most important concepts in creating long-term success: value, strategy, and innovation • The Five Big Tools of strategic change, to build both a comfort and capacity for change • The reality of competing in an evolving marketplace Families are choosing from a growing menu of learning options. Your school needs a value proposition that shouts, "We are your best choice!" As an educator, you have an important role to play in winning the education revolution and making your school irresistible to your community.


Book Synopsis Thrive by : Grant Lichtman

Download or read book Thrive written by Grant Lichtman and published by Corwin Press. This book was released on 2019-09-13 with total page 229 pages. Available in PDF, EPUB and Kindle. Book excerpt: Become an irresistible school Our rapidly evolving world is dramatically impacting how we view schools. Fortunately, we have the knowledge to not only survive, but thrive during rapid change. Other organizations have faced these evolutionary disruptions for centuries. Thrive: How Schools Will Win the Education Revolution translates this knowledge for educators. Written by Grant Lichtman, a thought leader on the transformation of education, this book will help administrators understand: • The most important concepts in creating long-term success: value, strategy, and innovation • The Five Big Tools of strategic change, to build both a comfort and capacity for change • The reality of competing in an evolving marketplace Families are choosing from a growing menu of learning options. Your school needs a value proposition that shouts, "We are your best choice!" As an educator, you have an important role to play in winning the education revolution and making your school irresistible to your community.


Educating at the Crossroads

Educating at the Crossroads

Author: Danielle Holley-Walker

Publisher:

Published: 2011

Total Pages: 0

ISBN-13:

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This essay explores the post-Parents Involved options available to local school boards that continue to face the pressures of improving student educational outcomes and closing the Achievement Gap. Part I of this essay details the Supreme Court's lack of deference towards the Seattle and Louisville school districts' stated goals for adopting the voluntary integration plans. Part I will detail how the Roberts' plurality opinion departed from precedent in the desegregation cases and higher education affirmative action cases by refusing to give deference to the policy choices of the local school officials. Part II will describe the various plans and approaches adopted by local school districts in the wake of Parents Involved, including Justice Kennedy's concurrence as a roadmap for school districts that want to continue to use race as a factor in student assignment, the return to neighborhood schools, and socioeconomic integration plans. Part II will examine why school districts may choose one of these options based on balancing the restrictions delineated by the Supreme Court in Parents Involved and with the pressures to improve student achievement in poor, racially isolated schools. Part III will highlight how the strictures on voluntary integration plans may increase the number of failing schools under NCLB, thus increasing demand for the NCLB student transfer option. Part III will also examine the possibility that the dual pressures of Parents Involved and NCLB will fuel the school choice movement, especially the desire to open a greater number of charter schools throughout the United States.


Book Synopsis Educating at the Crossroads by : Danielle Holley-Walker

Download or read book Educating at the Crossroads written by Danielle Holley-Walker and published by . This book was released on 2011 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This essay explores the post-Parents Involved options available to local school boards that continue to face the pressures of improving student educational outcomes and closing the Achievement Gap. Part I of this essay details the Supreme Court's lack of deference towards the Seattle and Louisville school districts' stated goals for adopting the voluntary integration plans. Part I will detail how the Roberts' plurality opinion departed from precedent in the desegregation cases and higher education affirmative action cases by refusing to give deference to the policy choices of the local school officials. Part II will describe the various plans and approaches adopted by local school districts in the wake of Parents Involved, including Justice Kennedy's concurrence as a roadmap for school districts that want to continue to use race as a factor in student assignment, the return to neighborhood schools, and socioeconomic integration plans. Part II will examine why school districts may choose one of these options based on balancing the restrictions delineated by the Supreme Court in Parents Involved and with the pressures to improve student achievement in poor, racially isolated schools. Part III will highlight how the strictures on voluntary integration plans may increase the number of failing schools under NCLB, thus increasing demand for the NCLB student transfer option. Part III will also examine the possibility that the dual pressures of Parents Involved and NCLB will fuel the school choice movement, especially the desire to open a greater number of charter schools throughout the United States.



Capitalism at the Crossoads

Capitalism at the Crossoads

Author: Stuart L. Hart

Publisher: Pearson Prentice Hall

Published: 2007-07-18

Total Pages: 305

ISBN-13: 0132715902

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"Capitalism at the Crossroads is built on strong theoretical underpinnings and illustrated with many practical examples. The author offers a pioneering roadmap to responsible macroeconomics and corporate growth." -Clayton Christensen, Professor of Business Administration, Harvard Business School and author of The Innovator's Dilemma "I hope this book will be able to influence the thought processes of corporations and motivate them to adapt to forthcoming business realities for the sake of their own long-term existence. Besides business leaders, this is a thought-provoking book for the readers who are looking for solutions to capitalism’s problems." -Muhammad Yunus, Founder and Managing Director, Grameen Bank, Bangladesh and 2007 Nobel Peace Prize recipient "Capitalism at the Crossroads is a practical manifesto for business in the twenty-first century. Professor Stuart L. Hart provides a succinct framework for managers to harmonize concerns for the planet with wealth creation and unambiguously demonstrates the connection between the two. This book represents a turning point in the debate about the emerging role and responsibility of business in society." -C.K. Prahalad, Ross School of Business, University of Michigan, co-author of Competing for the Future and author of The Fortune at the Bottom of the Pyramid "Stuart Hart was there at the beginning. Years ago when the term ‘sustainability’ had not yet reached the business schools, Stuart Hart stood as a beacon glowing in the umbrage. It is clear commerce is the engine of change, design the first signal of human intention, and global capitalism is at the crossroads. Stuart Hart is there again; this time lighting up the intersection." -William McDonough, University of Virginia, co-author of Cradle to Cradle "Professor Hart is on the leading edge of making sustainability an understandable and useful framework for building business value. This book brings together much of his insights developed over the past decade. Through case studies and practical advice, he argues powerfully that unlimited opportunities for profitable business growth will flow to those companies that bring innovative technology and solutions to bear on some of the world’s most intractable social and environmental problems." -Chad Holliday, Chairman and CEO, DuPont "Capitalism at the Crossroads clearly reveals the essence of what sustainability means to today’s business world. Hart’s analysis that businesses must increasingly adopt a business framework based on building sustainable value speaks to the entire sustainability movement’s relevance. Sustainability is more than today’s competitive edge; it is tomorrow’s model for success." -Don Pether, President and CEO, Dofasco Inc. "Stuart Hart has written a book full of big insights painted with bold strokes. He may make you mad. He will certainly make you think." -Jonathan Lash, President, The World Resources Institute "A must-read for every CEO—and every MBA." -John Elkington, Chairman, SustainAbility "This book provides us with a vast array of innovative and practical ideas to accelerate the transformation to global sustainability and the role businesses and corporations will have to play therein. Stuart Hart manages to contribute in an essential way to the growing intellectual capital that addresses this topic. But, beyond that, the book will also prove to be a pioneer in the literature on corporate strategy by adding this new dimension to the current thinking." -Jan Oosterveld, Professor, IESE Business School, Barcelona, Spain Member, Group Management Committee (Ret.), Royal Philips Electronics "Capitalism at the Crossroads captures a disturbing and descriptive picture of the global condition. Dr. Hart constructs a compelling new corporate business model that simultaneously merges the metric of profitability along with societal value and environmental integrity. He challenges the corporate sector to take the lead and to invoke this change so that the benefits of capitalism can be shared with the entire human community worldwide." -Mac Bridger, CEO of Tandus Group "Stuart L. Hart makes a very important contribution to the understanding of how enterprise can help save the world’s environment. Crucial reading." -Hernando de Soto, President of The Institute for Liberty and Democracy and author of The Mystery of Capital "Stuart Hart’s insights into the business sense of sustainability come through compellingly in Capitalism at the Crossroads. Any businessperson interested in the long view will find resonance with his wise reasoning." -Ray Anderson, Founder and Chairman, Interface, Inc. "This stimulating book documents the central role that business will play in humanity’s efforts to develop a sustainable global economy. Professor Hart presents an attractive vision of opportunity for those corporations that develop the new technologies, new business models, and new mental frames that are essential to a sustainable future." -Jeffrey Lehman, Former President of Cornell University "The people of the world are in desperate need of new ideas if global industrial development is ever to result in something other than the rich getting richer and the poor getting poorer, with nature (and potentially all of us) suffering the collateral damage. Few have contributed more to meeting this need over the past decade than Stuart Hart by helping to illuminate the potential role for business and new thinking in business strategy in the journey ahead. Capitalism at the Crossroads challenges, provokes, and no doubt will stimulate many debates—which is exactly what is needed." -Peter Senge, Massachusetts Institute of Technology, Chairperson of the Society for Organizational Learning, and author of The Fifth Discipline: The Art and Practice of The Learning Organization New Foreword by Al Gore Brand-New Second Edition, Completely Revised with: Up-to-the-minute trends and lessons learned New and updated case studies The latest corporate responses to climate change, energy, and terrorism Global capitalism stands at a crossroads-facing terrorism, environmental destruction, and anti-globalization backlash. Today's global companies are at a crossroads, too-searching desperately for new sources of profitable growth. Stuart L. Hart's Capitalism at the Crossroads, Second Edition is about solving both of those problems at the same time. It's about igniting new growth by creating sustainable products that solve urgent societal problems. It's about using new technology to deliver profitable solutions that reduce poverty and protect the environment. It's about becoming truly indigenous to all your markets, and avoiding the pitfalls of first-generation "greening" and "sustainability" strategies. Hart has thoroughly revised this seminal book with new case studies, trends, and lessons learned-including the latest experiences of leaders like GE and Wal-Mart. You'll find new insights from the pioneering BoP Protocol initiative, in which multinationals are incubating new businesses in income-poor communities. You'll also discover creative new ways in which corporations are responding to global warming and terrorism. More than ever, this book points the way toward a capitalism that's more inclusive, more welcome, and far more successful-for both companies and communities, worldwide. Paths to profitable sustainability: Lessons from GE and Wal-Mart Shattering the "trade-off" myth New commercial strategies for serving the "base of the pyramid" What enterprises have learned about doing business in income-poor regions Becoming indigenous-for real, for good Codiscovering new opportunities, cocreating new businesses with the poor Learning from leaders: 20+ new and updated case studies Best practices from DuPont, HP, Unilever, SC Johnson, Tata, P&G, Cemex, and more About the Author xii Acknowledgments xiii Foreword: Al Gore, Former Vice President of the U.S. xxiv Foreword: Fisk Johnson, Chairman and CEO, S.C. Johnson & Son, Inc. xxvii Prologue: Capitalism at the Crossroads xxxi PART ONE: MAPPING THE TERRAIN Chapter 1: From Obligation to Opportunity 3 Chapter 2: Worlds in Collision 31 Chapter 3: The Sustainable Value Portfolio 59 PART TWO: BEYOND GREENING Chapter 4: Creative Destruction and Sustainability 87 Chapter 5: The Great Leap Downward 111 Chapter 6: Reaching the Base of the Pyramid 139 PART THREE: BECOMING INDIGENOUS Chapter 7: Broadening the Corporate Bandwidth 169 Chapter 8: Developing Native Capability 193 Chapter 9: Toward a Sustainable Global Enterprise 223 Epilogue 249 Index 254


Book Synopsis Capitalism at the Crossoads by : Stuart L. Hart

Download or read book Capitalism at the Crossoads written by Stuart L. Hart and published by Pearson Prentice Hall. This book was released on 2007-07-18 with total page 305 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Capitalism at the Crossroads is built on strong theoretical underpinnings and illustrated with many practical examples. The author offers a pioneering roadmap to responsible macroeconomics and corporate growth." -Clayton Christensen, Professor of Business Administration, Harvard Business School and author of The Innovator's Dilemma "I hope this book will be able to influence the thought processes of corporations and motivate them to adapt to forthcoming business realities for the sake of their own long-term existence. Besides business leaders, this is a thought-provoking book for the readers who are looking for solutions to capitalism’s problems." -Muhammad Yunus, Founder and Managing Director, Grameen Bank, Bangladesh and 2007 Nobel Peace Prize recipient "Capitalism at the Crossroads is a practical manifesto for business in the twenty-first century. Professor Stuart L. Hart provides a succinct framework for managers to harmonize concerns for the planet with wealth creation and unambiguously demonstrates the connection between the two. This book represents a turning point in the debate about the emerging role and responsibility of business in society." -C.K. Prahalad, Ross School of Business, University of Michigan, co-author of Competing for the Future and author of The Fortune at the Bottom of the Pyramid "Stuart Hart was there at the beginning. Years ago when the term ‘sustainability’ had not yet reached the business schools, Stuart Hart stood as a beacon glowing in the umbrage. It is clear commerce is the engine of change, design the first signal of human intention, and global capitalism is at the crossroads. Stuart Hart is there again; this time lighting up the intersection." -William McDonough, University of Virginia, co-author of Cradle to Cradle "Professor Hart is on the leading edge of making sustainability an understandable and useful framework for building business value. This book brings together much of his insights developed over the past decade. Through case studies and practical advice, he argues powerfully that unlimited opportunities for profitable business growth will flow to those companies that bring innovative technology and solutions to bear on some of the world’s most intractable social and environmental problems." -Chad Holliday, Chairman and CEO, DuPont "Capitalism at the Crossroads clearly reveals the essence of what sustainability means to today’s business world. Hart’s analysis that businesses must increasingly adopt a business framework based on building sustainable value speaks to the entire sustainability movement’s relevance. Sustainability is more than today’s competitive edge; it is tomorrow’s model for success." -Don Pether, President and CEO, Dofasco Inc. "Stuart Hart has written a book full of big insights painted with bold strokes. He may make you mad. He will certainly make you think." -Jonathan Lash, President, The World Resources Institute "A must-read for every CEO—and every MBA." -John Elkington, Chairman, SustainAbility "This book provides us with a vast array of innovative and practical ideas to accelerate the transformation to global sustainability and the role businesses and corporations will have to play therein. Stuart Hart manages to contribute in an essential way to the growing intellectual capital that addresses this topic. But, beyond that, the book will also prove to be a pioneer in the literature on corporate strategy by adding this new dimension to the current thinking." -Jan Oosterveld, Professor, IESE Business School, Barcelona, Spain Member, Group Management Committee (Ret.), Royal Philips Electronics "Capitalism at the Crossroads captures a disturbing and descriptive picture of the global condition. Dr. Hart constructs a compelling new corporate business model that simultaneously merges the metric of profitability along with societal value and environmental integrity. He challenges the corporate sector to take the lead and to invoke this change so that the benefits of capitalism can be shared with the entire human community worldwide." -Mac Bridger, CEO of Tandus Group "Stuart L. Hart makes a very important contribution to the understanding of how enterprise can help save the world’s environment. Crucial reading." -Hernando de Soto, President of The Institute for Liberty and Democracy and author of The Mystery of Capital "Stuart Hart’s insights into the business sense of sustainability come through compellingly in Capitalism at the Crossroads. Any businessperson interested in the long view will find resonance with his wise reasoning." -Ray Anderson, Founder and Chairman, Interface, Inc. "This stimulating book documents the central role that business will play in humanity’s efforts to develop a sustainable global economy. Professor Hart presents an attractive vision of opportunity for those corporations that develop the new technologies, new business models, and new mental frames that are essential to a sustainable future." -Jeffrey Lehman, Former President of Cornell University "The people of the world are in desperate need of new ideas if global industrial development is ever to result in something other than the rich getting richer and the poor getting poorer, with nature (and potentially all of us) suffering the collateral damage. Few have contributed more to meeting this need over the past decade than Stuart Hart by helping to illuminate the potential role for business and new thinking in business strategy in the journey ahead. Capitalism at the Crossroads challenges, provokes, and no doubt will stimulate many debates—which is exactly what is needed." -Peter Senge, Massachusetts Institute of Technology, Chairperson of the Society for Organizational Learning, and author of The Fifth Discipline: The Art and Practice of The Learning Organization New Foreword by Al Gore Brand-New Second Edition, Completely Revised with: Up-to-the-minute trends and lessons learned New and updated case studies The latest corporate responses to climate change, energy, and terrorism Global capitalism stands at a crossroads-facing terrorism, environmental destruction, and anti-globalization backlash. Today's global companies are at a crossroads, too-searching desperately for new sources of profitable growth. Stuart L. Hart's Capitalism at the Crossroads, Second Edition is about solving both of those problems at the same time. It's about igniting new growth by creating sustainable products that solve urgent societal problems. It's about using new technology to deliver profitable solutions that reduce poverty and protect the environment. It's about becoming truly indigenous to all your markets, and avoiding the pitfalls of first-generation "greening" and "sustainability" strategies. Hart has thoroughly revised this seminal book with new case studies, trends, and lessons learned-including the latest experiences of leaders like GE and Wal-Mart. You'll find new insights from the pioneering BoP Protocol initiative, in which multinationals are incubating new businesses in income-poor communities. You'll also discover creative new ways in which corporations are responding to global warming and terrorism. More than ever, this book points the way toward a capitalism that's more inclusive, more welcome, and far more successful-for both companies and communities, worldwide. Paths to profitable sustainability: Lessons from GE and Wal-Mart Shattering the "trade-off" myth New commercial strategies for serving the "base of the pyramid" What enterprises have learned about doing business in income-poor regions Becoming indigenous-for real, for good Codiscovering new opportunities, cocreating new businesses with the poor Learning from leaders: 20+ new and updated case studies Best practices from DuPont, HP, Unilever, SC Johnson, Tata, P&G, Cemex, and more About the Author xii Acknowledgments xiii Foreword: Al Gore, Former Vice President of the U.S. xxiv Foreword: Fisk Johnson, Chairman and CEO, S.C. Johnson & Son, Inc. xxvii Prologue: Capitalism at the Crossroads xxxi PART ONE: MAPPING THE TERRAIN Chapter 1: From Obligation to Opportunity 3 Chapter 2: Worlds in Collision 31 Chapter 3: The Sustainable Value Portfolio 59 PART TWO: BEYOND GREENING Chapter 4: Creative Destruction and Sustainability 87 Chapter 5: The Great Leap Downward 111 Chapter 6: Reaching the Base of the Pyramid 139 PART THREE: BECOMING INDIGENOUS Chapter 7: Broadening the Corporate Bandwidth 169 Chapter 8: Developing Native Capability 193 Chapter 9: Toward a Sustainable Global Enterprise 223 Epilogue 249 Index 254