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How to Know If a Spin-Off Will Succeed

Harvard Business Review

A 2010 meta-analysis detailed many of the different issues that make divestiture so hard to evaluate consistently. The diverging fortunes of two recent spin-offs in the energy industry illustrate how financial markets value autonomy from the parent. Does the business have an adequate financial structure?

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To Grow, Social Enterprises Must Play by Business Rules

Harvard Business Review

Founding CEOs realize—or fail to realize—that their maniacal energy and personal devotion can only take their enterprises so far. It's an example of an organization seeking to meet this challenge of scale by providing top-tier, in-kind expertise and working capital to promising social enterprises.