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Why CEOs have Liberal Arts Degrees

Mills Scofield

Educating myself about the fall of the Roman Empire may not provide direct, transferable skills to the corporate office, the quirky startup, or any particular field of work. A career advisor once told me that those who pursue liberal arts majors and enter finance, consulting or technology are not the exceptions. They are the norm.

CEO 70
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Making Microfinance More Effective

Harvard Business Review

Personal savings, insurance, credit, cash transfers from family and friends and other financing mechanisms offer promising opportunities to create security and steady employment but they require a nuanced understanding of product design and the local market conditions in order to be effective.

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How Large NGOs Are Using Data to Transform Themselves

Harvard Business Review

and globally, and Habitat for Humanity, which works in 70-plus nations to provide home construction, rehabilitation, and increased access to shelter and financing, gathered data from their sites to make the case for profound change. A critical part was adapting a proven model in a related field: microfinance.

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Using Games to Get a Handle on Bank Risk

Harvard Business Review

Risk management processes don't — but they should. Yet unlike in finance, where distributing risk across institutions is the goal, in drug development the focus is on isolating risk. Risk education: Gaming enables risk education for both banks and users. Data suggests that these are not sufficient.

Banking 10
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Scaling Up Without Losing Your Edge

Harvard Business Review

Following Abed's twist on Schumacher — "small may be beautiful, but big is necessary" — it now touches the lives of an estimated 126 million people with healthcare, education, enterprise development, microfinance and a slew of other programs. These programs were later spun off into stand-alone businesses.

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President Obama Can Make Start-Up America Succeed

Harvard Business Review

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.: Have a map of the entrepreneurship ecosystem.

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Making Sense of the Many Kinds of Impact Investing

Harvard Business Review

Currently, impact can mean anything from venture investments in new health technologies to microfinance loans in Peru; from affordable housing in the US to renewable energy in India; from social impact bonds to private equity funds that create jobs. Product : Investments in products or services that have positive social benefits.

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