Remove Development Remove Innovation Remove Short-term Remove Working Capital
article thumbnail

Diversification Putting Pressure on FinTech Executives

N2Growth Blog

The fast-paced expansion of FinTech companies into long-distance geographies has increased the Penrose effect , thus escalating the managerial constraints affecting organizational growth and development. Because we often run short of time, it is easy to prioritize more immediate issues, but ultimately such choices are bound to backfire.

Execution 387
article thumbnail

Leadership Matters

N2Growth Blog

Gordon Berridge: Did you have a mentor at Rio Tinto, if so, how important was that person to you and your development? Sam Walsh: The Rio Tinto business, in relative terms, is the strongest of the Mining Houses. Sam Walsh: At Rio Tinto, we had an innovation programme called “Mine of the Future”. billion in the last 5 years).

Gordon 150
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How Banks Should Finance the Social Sector

Harvard Business Review

Financial markets are not working for charities and social enterprises today. Most traditional financial intermediaries, like banks, are focused on short-term returns and deem unsecured lending to charities and social enterprises to be too risky. If financing is offered by a bank, the terms are often too onerous.

Banking 12
article thumbnail

Entrepreneurship: A Working Definition

Harvard Business Review

But like the terms "strategy" and "business model," the word "entrepreneurship" is elastic. For some, it refers to venture capital-backed startups and their kin; for others, to any small business. Entrepreneurs often perceive a short window of opportunity. As a professor, I suppose I am guilty of mincing words.

article thumbnail

What to Know Before You Sign a Payment-by-Results Contract

Harvard Business Review

The UK’s Department for International Development uses “results-based” aid to improve the educational outcomes of young girls in Africa and Asia. And providers want the flexibility to deliver outcomes in the best, most innovative, and most efficient way possible without being micromanaged by the customer.

article thumbnail

A Playbook for Making America More Entrepreneurial

Harvard Business Review

We see ourselves as risk-takers and innovators. If policymakers hope to be successful in their efforts to promote entrepreneurs and small businesses, they need to know what works – in short, they need a “Playbook” for small business job creation. In the past, economic development has prioritized big businesses.