article thumbnail

Universities Are Missing Out on an Explosive Growth Sector: Their Own

Harvard Business Review

See comments by Clayton Christensen and Mark Cuban ). The National Association of College and University Business Officers Study on Endowments reveals that endowments are performing enviably — with returns of near 12% in 2013. There are examples of universities forging ahead. They’re quite good at it, on the whole.

article thumbnail

Africa’s Companies Need to Become More Like Training Schools

Harvard Business Review

In June 2013, some Harvard Business School classmates and I launched a social enterprise ( WAVE: West Africa Vocational Education ) targeted at the youth unemployment issue. In the hospitality sector, for example, they invest upfront into luxury real estate and equipment, but rarely into training programs.