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Do Teams Work Best When The Stakes Are High?

The Horizons Tracker

. “What drives successful group coordination is important because team coordination is ubiquitous in many work settings, such as in medical professions, in law enforcement, or in finance, ” the researchers say. “Therefore, uncovering the key determinants of successful group coordination is paramount.”

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Can Impact Investing Avoid the Failures of Microfinance?

Harvard Business Review

Impact investing can learn from the history of microfinance — the provision of debt and other financial services to the poor — an industry that was at a similar stage 15 years ago. Lessons from Microfinance. There are two major debates in particular about microfinance that are relevant for the impact investment industry.

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Global Entrepreneurs Need New Funding Models

Harvard Business Review

In low-income countries, according to World Bank data in a recent paper by the consultancy Dalberg, 43% of businesses with between 20 and 99 employees say that access to finance is a major constraint. The White House has called this gap between the demand and supply of finance for small and medium enterprises a "market failure.[and]

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Using Games to Get a Handle on Bank Risk

Harvard Business Review

Yet unlike in finance, where distributing risk across institutions is the goal, in drug development the focus is on isolating risk. Popular games also tend to spawn communities who share information and strategies about how to overcome hurdles, suggesting that peer to peer education is also possible (this has been seen in microfinance).

Banking 10
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President Obama Can Make Start-Up America Succeed

Harvard Business Review

Ventures should compete and cooperate with ventures, regardless of their nationalities. Entrepreneurship in financial services has been given a bad rap as one contributor to the economic crisis, but we desperately need innovative financing models for start-ups. We don't innovate in entrepreneurial finance enough in the U.S.: