Remove Bureaucracy Remove Finance Remove System Remove Uncertainty
article thumbnail

If Greece Embraces Uncertainty, Innovation Will Follow

Harvard Business Review

Many politicians and commentators mention two critical factors in accomplishing this: increasing innovative capacity and reducing bureaucracy. “Culture” can sound like a catchall, a convenient way to place the blame outside the realm of policy, but I am talking about one specific dimension of culture: avoiding uncertainty. .

article thumbnail

The Social Franchise Model Works in Times of Uncertainty

Harvard Business Review

And in some cases, the turmoil surrounding the Arab Spring has shown that a social franchise is the only effective model in times of great uncertainty. These individuals are crucial to securing local financial support, building credibility, and greasing the wheels in negotiations with businesses and bureaucracies.