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Ted London
Senior Research Fellow
Director, Base of the Pyramid Initiative
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Office
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724 East University Ave.,
Wyly Hall, 1st Floor
Ann Arbor, MI 48109
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phone
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+1 734.936.6996
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fax
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+1.734.763.5850
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email
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Ted London is a leading expert on the role and impact of market-based strategies on poverty alleviation. He is a Senior Research Fellow at the William Davidson Institute (WDI) and on the faculty at the University of Michigan’s Ross School of Business. At WDI, he directs the Base of the Pyramid (BoP) Initiative, a program that champions innovative ways of thinking about more inclusive forms of capitalism. In leading this effort, Professor London generates groundbreaking research and actionable recommendations that explore the unique principals, insights, and implications of the BoP perspective on poverty alleviation.
Other Academic Appointments
Faculty, Business Administration, Michigan Ross School of Business
Research and Teaching Interests
Professor London’s research interests center on enterprise strategies in low income markets, assessment of poverty alleviation impacts, and capability development for cross-sector collaborations. His most recent work involves developing the BoP Impact Assessment Framework. Field tested in India and Mexico, this framework is used to track, evaluate and enhance the poverty alleviation outcomes of existing and new market-based ventures. His research, which emphasizes creating new knowledge that has immediate practical applications, has been published in leading scholarly and practitioner journals.
Prior to coming to the University of Michigan, Professor London was on the faculty at the University of North Carolina, where he was also Director of the Base of the Pyramid Learning Lab. He teaches and lectures in the areas of strategic management, international business and poverty alleviation, and cross-sector partnerships. He has also served as a management advisor or educator for a variety of organizations including Acumen Fund, AED, Altria, CARE, CEMEX, Coca-Cola, Department for International Development (DFID), DuPont, General Electric, Hewlett-Packard, Inter-American Development Bank (IBD), International Finance Corporation (IFC), Microsoft, Pfizer, Scojo Vision, Unilever, United Nations Development Programme (UNDP), U.S. Agency for International Development (USAID), U.S.-Asia Environmental Partnership, Wachovia, and the X-Prize.
Prior to pursuing his Ph.D. at the University of North Carolina, Professor London worked for more than a decade in senior management positions in the private, non-profit, and development sectors in Asia, Africa, and the U.S. Much of this work targeted the intersection of business strategy and poverty alleviation. In addition to his Ph.D., he has an MBA from the Peter Drucker School of Management at Claremont Graduate University and a Bachelor’s degree in mechanical engineering from Lehigh University.
Representative Publications
1. London, T. 2008. The base of the pyramid impact assessment framework: Enhancing mutual value creation, William Davidson Institute: Working Paper.
2. London. T. 2007. A Base-of-the-Pyramid Perspective on Poverty Alleviation. Washington, DC: United Nations Development Program. Growing Inclusive Markets Working Paper Series.
3. Milstein, M. B., London, T. & Hart, S. L. 2007 Revolutionary routines: Capturing the opportunity for creating a more inclusive capitalism. Handbook of Transformative Cooperation. Stanford University Press
4. London, T., Rondinelli, D. A., & O’Neill, H. 2005. Strange bedfellows: Alliances between corporations and nonprofits. In Shenkar, O. & J. Reuer (Eds.), Handbook of Strategic Alliances. Thousand Oaks, CA: Sage
Publication, pp. 353-366.
5. Hart, S. L. & London, T. 2005. Developing native capability: What multinational corporations can learn from the base of the pyramid. Stanford Social Innovation Review, 3(2): 28-33.
6. London, T. & Hart, S. L. 2004. Reinventing strategies for emerging markets: Beyond the transnational model. Journal of International Business Studies, 35(5): 350-370.
7. London, T., & Rondinelli, D. A. 2003. Partnerships for learning: Managing tensions in nonprofit organizations' alliances with corporations. Stanford Social Innovation Review, 1(3): 28- 35.
8. Rondinelli, D. A., & London, T. 2003. How corporations and environmental groups cooperate: Assessing cross-sector alliances and collaborations. Academy of Management Executive, 17(1): 61-76.
9. Rondinelli, D. A., & London, T. 2002. Stakeholder and corporate responsibilities in cross-sectoral environmental collaborations: Building value, legitimacy and trust. In J. Andriof, S. Waddock, B. Husted & S. Rahman (Eds.), Unfolding Stakeholder Thinking. Sheffield, UK: Greenleaf Publishing, p. 201-215.
In the News
October 27, 2008
For the first time, Ted London’s MBA course on doing business at the base of the pyramid will be offered in the evening during the fall B semester, which begins the week of October 27. Great interest by Evening MBA students prompted the Ross School to make the class available to them. This is in addition to the daytime class, which London will continue to offer in fall B as well.
June 4, 2008
Ted London, director of WDI’s Base of the Pyramid research initiative, was a keynote speaker at a San Diego summit May 30.
London kicked off the conference, “Peace and Prosperity through Trade and Commerce,” with a talk titled “Business and Markets for World Change.” He talked about the potential of multinational companies and other organizations for creating new inclusive business models with low-income groups in emerging economies.
April 17, 2008
Ted London, director of WDI’s Base of the Pyramid research initiative, and U-M graduate student Molly Christiansen have won top honors in a prestigious international case writing competition. London and Christiansen, who will receive master’s degrees in business and public health later this month, took first place in the 2008 oikos Sustainability Case Writing Competition. Their case, “Scojo Foundation: A vision for growth at the Base of the Pyramid,” beat out a field of 26 competitors from Asia, Australia, Europe and North America.
April 17, 2008
Ted London, director of WDI’s Base of the Pyramid research initiative, and U-M graduate student Molly Christiansen have won top honors in a prestigious international case writing competition.
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