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The Challenges Immigrant Entrepreneurs Face

The Horizons Tracker

Because banks struggle to assess the financial history of immigrants, it can be difficult to raise capital and ongoing credit. There are particular weaknesses, for instance, in the generation of the social capital that is so important to startup success. Making improvements.

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Reskilling the Future of Work

HR Digest

It is a tough time as they bank on social capital and how to maintain cohesion without the benefit of informal coffee, lunch or smoke breaks. Public spending on workforce reskilling and support has fallen in most member nations of the Organization for Economic Co-operation and Development (OECD).

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Building a Network That Works Takes Work

Harvard Business Review

This makes it all the more important that we know beforehand what the trade will be; asking someone to do something for you just-to-be-nice can deplete your social capital quickly. Unlike The Godfather, very few of us can bank favors. To get things done and be as effective as possible within our sphere, we need to network.

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Do You Know Who Holds Your Office Together?

Harvard Business Review

Just last week one of us was struck by the generosity of a New York bank that picked up the tab for the post-memorial service dinner of an employee who was grieving the loss of his father. Social capital also counts. In business, as in love, you earn trust. Once earned, you’re a fool to take it for granted.

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What Africa's Entrepreneurs Can Teach the World

Harvard Business Review

This is simply because being in a job appears to trigger latent entrepreneurship, and also because there is a more intensive re-investment of social capital to generate financial capital than is customary in the West. In a sense, African entrepreneurs run profit ecosystems rather than business units.

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Case Study: Is Holacracy for Us?

Harvard Business Review

They’d met at university, and although Derek had gone on to graduate school and a career in banking, while Rogier had joined his family construction business and then founded Contect, they’d never lost touch. ” “Just don’t forget we’re in construction, not banking, Derek. The two men went way back.