article thumbnail

Entrepreneurship Suffers When Well-Paid Jobs Are Plentiful

The Horizons Tracker

They believe that their findings add additional nuance to the current narrative that suggests that the decline in entrepreneurship is largely a consequence of higher startup costs, labor constraints, or even the aging population. Opportunity costs.

article thumbnail

Constraints on Health Care Budgets Can Drive Quality

Harvard Business Review

From my experience heading Scotland’s National Health Service from 2010 until last August (and before as its director of health care policy and strategy), I know that such constraints can unleash innovations that will lead to better care — and better health — for communities. A fixed budget forces you to invest in wellness.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Inpatient Patient Navigator Program Reduces Length of Stay

Harvard Business Review

In June 2010, we instituted a Patient Navigator Program in Mt. Constraints on Health Care Budgets Can Drive Quality. Unlike other Patient Navigator Programs, which typically involve the management of cancer or diabetes outpatient care, we adopted a novel protocol that targets the management of complex inpatient care.

article thumbnail

Get the Most Out of Your Board

Harvard Business Review

Imagine slashed budgets, a hiring freeze, a tough competitive landscape, and unreasonable time constraints (or perhaps you don't have to imagine this state). Sometimes the best way to re-imagine the use of an asset is to think about it as your only asset. You'd have to make the most of what you do have.

article thumbnail

Businesses Serving the Poor Need to Get Over Their Unease About Profit

Harvard Business Review

And make no mistake: Scaling up a business to affect the lives of tens of millions of people requires a level of capital and resources that far outstrips CSR department budgets and capabilities. The microfinance industry is a rare D and E success story. The result has been explosive growth.

article thumbnail

The Comprehensive Business Case for Sustainability

Harvard Business Review

This can disrupt a firm’s ability to operate on schedule and budget. For example, Bunge, an agribusiness firm, reported a $56 million quarterly loss in its sugar and bioenergy segments due to drought in 2010. billion in mining projects since 2010. ” Improving risk management. Fostering innovation.

article thumbnail

Make Your Knowledge Workers More Productive

Harvard Business Review

For example, a few years ago the top executive team at UBS Wealth Management realized that the biggest constraint on their future growth was their cumbersome and conservative budgeting process. In terms of taking something away, there are many management processes in large firms that are ripe for simplification.