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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 intersection of business strategy and poverty alleviation. Over the past two decades, his work has taken him to over 70 countries across the globe. In addition to research activities, Professor London has also served as a management advisor and educator for a wide variety of organizations exploring the role and impact of market-based strategies on the base of the pyramid.
Other Academic Appointments
Faculty, Business Administration, Michigan Ross School of Business
Research and Teaching Interests
Professor London 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 Initiative, a program that champions innovative ways of thinking about more inclusive forms of capitalism. Professor London’s research centers on designing enterprise strategies and poverty alleviation approaches for low-income markets, assessing poverty reduction outcomes of business ventures, and developing capabilities for cross-sector collaborations. He has published numerous articles, reports, book chapters, and teaching cases and notes that focus on creating new knowledge with important actionable implications.
Prior to coming to the University of Michigan, Professor London was on the faculty at the University of North Carolina, where he also received his Ph.D. Before that, he held senior management positions in the private, non-profit, and development sectors in three continents. 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.
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), Deutsche Gesellschaft für Technische Zusammenarbeit (GTZ), DuPont, General Electric, Hershey, Hewlett-Packard, Inter-American Development Bank (IBD), International Finance Corporation (IFC), Kumi Hospital, McKinsey Consulting, Microsoft, Pfizer, Technoserve, Unilever, United Nations Development Programme (UNDP), U.S. Agency for International Development (USAID), U.S.-Asia Environmental Partnership, VisionSpring, Wachovia, and the X-Prize.
Representative Publications
London, T., Anupindi, R. & Sheth, S. 2009. Creating mutual value: Lessons learned from serving base of the pyramid producers. Journal of Business Research. (forthcoming).
London, T. 2009. Making better investments at the base of the pyramid. Harvard Business Review.87(5): 106-113.
London. T. 2007. A Base-of-the-Pyramid Perspective on Poverty Alleviation. Washington, DC: United Nations Development Program. Growing Inclusive Markets Working Paper Series.
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, pp. 84-103.
London, T., Rondinelli, D. A., & O’Neill, H. 2005. Strange bedfellows: Alliances between corporations and non-profits. In Shenkar, O. & J. Reuer (Eds.), Handbook of Strategic Alliances. Thousand Oaks, CA: Sage Publication, pp. 353-366.
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.
London, T. & Hart, S. L. 2004. Reinventing strategies for emerging markets: Beyond the transnational model. Journal of International Business Studies, 35(5): 350-370.
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.
Rondinelli, D. A. & London, T. 2003. How corporations and environmental groups collaborate: Assessing cross-sector alliances and collaborations. Academy of Management Executive, 17(1): 61-76.
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, pp. 201-215.
In the News
November 9, 2009
The director of GE Healthcare’s Rural Health Research and Development will speak at 4:30 p.m. on Thursday, Nov. 12 in Room E1550 at the Ross School of Business. A reception will follow. Rex Widmer’s talk, “A Rural Health Initiative for the Base of the Pyramid: GE Healthcare’s Vision and Strategy,” is part of the WDI Global Impact Speaker Series.
October 29, 2009
Ted London’s MBA course on business strategy and poverty alleviation at the base of the pyramid begins Nov. 3. For the second year in a row, the fall B class will be offered at night. Growing interest by Evening MBA students prompted the Ross School to make the class available then. About 100 students are expected to take the class.
October 6, 2009
The base of the pyramid (BoP) presentation by Ted London and Stuart Hart on Oct. 1 is now available for viewing. London’s presentation is available in Windows Media Player or QuickTime. Hart’s presentation also is available in either Windows Media Player or QuickTime. London and Hart discussed how the BoP field has evolved in the 10 years since the idea was first articulated. The talk, part of the WDI Global Impact Speaker Series, took place in Blau Auditorium at the Ross School of Business. The two also gave their views on what has been learned so far, the challenges ahead, and the future opportunities.
September 28, 2009
Three of the top scholars on the Base of the Pyramid topic will discuss how the field has evolved in the 10 years since the idea was first articulated. The talk, part of the WDI Global Impact Speaker Series, is at 4 p.m. on Thursday, Oct. 1 in Blau Auditorium at the Ross School of Business. Stuart Hart, Ted London, and C.K. Prahalad also will give their views on what has been learned so far, the challenges ahead, and the future opportunities.
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