(Note: This entry first appeared on Nextbillion.net)

"We must imagine a world which combines in equal measure economic development and eradication of poverty, ecological stewardship and social justice. We must harness the forces of globalization to create this outcome. We have to imagine this future. If we cannot imagine it, we cannot create it. We cannot create this world if we cannot imagine it. I do hope that we can bring to this task our collective imagination, passion, courage, humanity, humility and intellect. We cannot expect less of ourselves.”- CK Prahalad

Last year, I had the chance to listen to CK Prahalad give his lecture entitled, "Democratizing Commerce" at the University of Michigan. He urged the audience to push for a globalization that benefits all, particularly the poor. I listened with great intent and thought that his final comments of the talk were quite profound, particularly related to BoP strategies.

A few thoughts on what Prahalad suggests as the building blocks for business leaders seeking to create a more inclusive global economy:

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