Harvard Business Review
Harvard Business Review Talks of Akshaya Patra
An article in the Harvard Business Review by Vijay Govindarajan and Srikanth Srinivas highlights the successful principles behind Akshaya Patra’s work. It outlines how the Foundation harnesses technology to give high quality meals for a fraction of the cost, stating “Akshaya Patra is a powerful example of a breakthrough innovation.”
Following is an excerpt:
“Can you imagine living on a budget of $28 for lunch at work for a whole year? The Akshaya Patra Foundation in India has found a way to feed a child daily for the entire school year on just $28. Add an average government subsidy of 50 percent, and $28 ends up feeding two children for the year. This is a fraction of the cost of similar programs in other parts of the world.
To offer high-quality meals at such low prices, Akshaya Patra followed several principles that may be useful to other organizations throughout the world…”
Click below to read more:
https://blogs.hbr.org/cs/2010/07/breakthrough_innovation_school.html