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Do Teams Work Best When The Stakes Are High?

The Horizons Tracker

This process, which they refer to as gradualism, is commonly used in team building and training initiatives, and are also common in the field of microfinance. The results suggest that the team who had gradually higher stakes seemed to outperform the other two groups, and managed to coordinate successfully in 2/3 of the tasks they were set.

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Global Entrepreneurs Need New Funding Models

Harvard Business Review

Yet new breeds of solutions are emerging, with private and public players joining hands to find innovative answers. Standing before a brown swathe of land cut up into rectangular ditches for a World Bank-funded project just outside Liberia's capital city of Monrovia, George Howard is a beneficiary of one such innovation.

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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. Encourage financial entrepreneurship and innovation. 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.

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Using Games to Get a Handle on Bank Risk

Harvard Business Review

Risk management processes don't — but they should. Financial institutions must find innovative ways to understand their consumers' aspirations and actual behavior. Interdependencies: Insufficient understanding of interactions remains a critical issue in financial innovation.

Banking 10