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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 researchers examined the effectiveness of gradualism in group settings by imposing various levels of stakes on hypothetical projects on participating teams. Gradual success.

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

Mills Scofield

In these events, participants raise money in the UK before arriving in Zanzibar for a biking marathon around the island. But what if the participants donated the money they had spent on their airfare to the hospitals? ” He also highlighted the fundraising events of another British organization.

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Making Microfinance More Effective

Harvard Business Review

The Grameen model of microfinance gained a great deal of attention in the international development field after early data showed that it was associated with high repayment and low default. Our findings are captured in a working paper which we summarize below. This model makes small loans, usually to women, without requiring collateral.

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How Large NGOs Are Using Data to Transform Themselves

Harvard Business Review

Participating families show strong early signs of progress: Those completing multiple assessments have seen increases of 24% in parental income, 50% in hope, and 75% in stability. A critical part was adapting a proven model in a related field: microfinance.

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The Innovation Mindset in Action: Shantha Ragunathan

Harvard Business Review

Sasikala, a Block Development Officer (BDO), talked to the Kodapattinam villagers about microfinance , only Shantha, of all the villagers, saw the opportunity and took action. Undeterred, Shantha persisted until she persuaded the required number of people to sign up for the microfinance project.

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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. BRAC staff then goes door-to-door to visit selected participants and verify their circumstances with questionnaires. Including the community in this process also fosters a support network for participants as they go through the program.

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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. Over 1,400 toilets have been built with people participation under sanitation initiatives. Over 1,400 toilets have been built with people participation under sanitation initiatives.