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...1980s, Rink Dickinson wanted to go into business to help an unusual constituency: his vendors. He proposed to import coffee by paying impoverished Latin American farmers double the going rate for their beans. Reaction from potential investors was predictably cool. "People were just, like, 'That's a bad idea,'" he recalls. "The concept of having your values embedded in everything you did in your business ... was just not happening in any major way at all." Nonetheless, with just $100,000 from family, friends and a few supportive idealists, Equal Exchange was born...

Author: /time Magazine | Title: Fair Trade: How to Brew Justice | 12/11/2005 | See Source »

...real accomplishment, Dickinson will tell you, is what has happened in the 15 developing nations where Equal Exchange buys from indigenous farmer cooperatives. In Oaxaca, Mexico, residents ride a fleet of cooperative-funded buses on routes that take hours to walk. In La Libertad, El Salvador, children who used to walk past an empty school building now study inside with a teacher who is paid by the cooperative. In Chajul, Guatemala, a cooperative-funded health clinic is helping reduce child mortality. And in remote corners of Peru, growing numbers of children of uneducated farmers are leaving to pursue university degrees...

Author: /time Magazine | Title: Fair Trade: How to Brew Justice | 12/11/2005 | See Source »

...naturally. Employees ride bicycles and trains to pickup spots to minimize auto emissions en route to company headquarters in an industrial park in West Bridgewater. The office wing resembles a college dormitory: tapestries cover walls, posters plead for peace, an acoustic guitar sits atop the desk of Rob Everts, Dickinson's copresident and a former organizer of California farmworkers. As a matter of policy, top management earns no more than three times the salary of entry-level employees, who start at around $25,000 a year. After a probationary period, all employees own one share of voting stock...

Author: /time Magazine | Title: Fair Trade: How to Brew Justice | 12/11/2005 | See Source »

...also currently in the process of selecting a new dean, following the departure of Kim B. Clark ’74 who left last summer to head Brigham Young University-Idaho. Two of the six prospective deans on University President Lawrence H. Summers’ short-list—Dickinson Professor of Accounting Srikant M. Datar and Chapman Professor of Business Administration Nitin Nohria—are natives of India. Most consider Datar to be the frontrunner in the search. Neither Datar nor Nohria responded to requests for comment yesterday...

Author: By Paras D. Bhayani, CONTRIBUTING WRITER | Title: HBS Opens Global Center In Mumbai | 11/8/2005 | See Source »

...Dickinson Professor of Accounting Srikant M. Datar has emerged as the leading candidate to succeed Kim B. Clark ’74 as the next dean of the Harvard Business School (HBS), according to professors at HBS and other top business schools.Clark’s abrupt departure this summer to lead Brigham Young University-Idaho left the school at a crossroads, as faculty debate the school’s guiding vision for the future.In interviews with The Crimson, HBS professors said Datar was a frontrunner for the deanship, along with six other frequently mentioned candidates, four of whom...

Author: By Daniel J. T. Schuker, CRIMSON STAFF WRITER | Title: Datar Seen as Favorite for Next HBS Dean | 10/14/2005 | See Source »

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