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Do Teams Work Best When The Stakes Are High?

The Horizons Tracker

.” The researchers believe that the root of successful team work is the presence of efficient coordination mechanisms, and they believe the gradual increase in the stakes of effective coordination offers arguably the most effective of these.

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Guest Post: An Entrepreneur's Thoughts on Market Incentives & Foreign Aid

Mills Scofield

It may seem obvious, but when I spend all day thinking what is most cost effective and what is the most efficient allocation of resources, it is easy to lose track of the human dimension of charitable giving. In Zanzibar it would cover a doctor’s salary for 1.5 I am beginning to learn that charity does not work that way.

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Scaling Up Without Losing Your Edge

Harvard Business Review

Without economies of scale, they argued, developing societies would never develop the efficiencies needed to modernize. When demand is spotted — say, a need for financial literacy training and microfinance products tailored for teens, in the case of ELA — the organization doesn't waste time figuring out how to do things elegantly.

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An Approach to Ending Poverty That Works

Harvard Business Review

Microfinance and other market-based interventions don’t generally reach them. We need to make sure scarce resources are deployed efficiently. At BRAC , where I work, we call this subset the “ultra-poor.” If we’re to end poverty, we can’t ignore them. And we may have found a way to do this.

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It Takes a Village to Raise an Entrepreneur

Harvard Business Review

A hybrid approach is exemplified by startup Frogtek, which develops software for local shopkeepers in emerging markets to more efficiently track their inventory, leading to better purchasing decisions and greater profits. Frogtek and many other hybrids sell goods and services, and rely on revenues to sustain and scale their operations.

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Transforming Rural India Through Agricultural Innovation

Harvard Business Review

Over 1,900 beneficiaries have established micro-enterprises for which microfinance has been facilitated. On my last trip to India, I witnessed an innovation experiment, National Agro Foundation (NAF) , that addresses this wicked problem. Over 6,000 people have been made functionally literate through adult literacy program.

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How Social Entrepreneurs Can Have the Most Impact

Harvard Business Review

As the world shifts from creating value through repetition (building, growing, or serving more efficiently) to a world where change begets change, you need leaders who can make sense of a kaleidoscope of processes and relationships — beyond the four walls of their organization. Lead collaborations, not just organizations.