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Managing the Managers: Nine Tips to Help Social Enterprises Build Outstanding Management Teams
Startups can fail for many reasons, but research shows that having the wrong team is a leading cause of failure. And while finding talented managers is a critical challenge for entrepreneurs everywhere, it is especially difficult in emerging markets. Mark Horoszowski, the co-founder and CEO at MovingWorlds.org, shares nine essential lessons to help social enterprises build effective management teams that will take their great ideas to scale.
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- Social Enterprise
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What’s Really Driving Africa’s ‘Investment Frenzy’?: An Entrepreneur Responds to Investor Concerns
In her much-discussed NextBillion article about avoiding “the Africa investment frenzy,” impact investor Lauren Cochran urged entrepreneurs to forego the “growth-at-all-costs” approach to scaling and “the ego-boost of big rounds and press releases.” But Zoona co-founder Mike Quinn argues that her advice ignores a reality that many investors don’t recognize. Quinn pushes back on Cochran's argument from an entrepreneur's perspective in this compelling counterpoint.
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- Finance, Investing, Social Enterprise
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Delivering Family Planning to Rural Customers: Are Mobile Pharmacies ‘Just What the Doctor Ordered’?
Pharmacies serve as key access points for family planning products in many emerging markets. In countries like Malawi, the number of pharmacies has ballooned by nearly 100% in the past 10 years. Yet it can be difficult to run a sustainable pharmacy business, especially in rural areas. Andrea Bare and Erika Beidelman at the William Davidson Institute discuss potential solutions – including an innovative mobile pharmacy – based on conversations with Malawian entrepreneurs.
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- Health Care, Telecommunications
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IIM-B takes Goldman Sachs ‘10,000 Women in India’ initiative to Mumbai
MUMBAI: Indian Institute of Management Bangalore (IIMB) and Goldman Sachs has expanded the Goldman Sachs 10,000 Women initiative training for women entrepreneurs to Mumbai for its next cohort. “The expansion to Mumbai was a logical choice, given that it is the financial and commercial capital of India,” the premier management institute said in an official statement. IIM Bangalore and Goldman Sachs 10,000 Women have also received the second highest number of applications from Maharashtra, second only to Bengaluru, accounting for 15% of the applications received in the first three cohorts of the program, signaling a need for holistic training for women entrepreneurs in the region, the statement from the institute said.
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- Uncategorized
- Region
- South Asia
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Beyond the Bottom Line: How Changing the Supplier-Distributor Dynamic Creates Better Products for People Living in Poverty
A good relationship between suppliers and distributors is crucial when doing business in challenging markets. But in too many cases, these relationships are purely transactional, one-way and unresponsive, say Sahil Khanna at Greenlight Planet and Murli Padmanabhan at Pollinate Group. They explore how their organizations have avoided this pitfall in creating a true partnership that allows them to distribute solar products more effectively to their customers.
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- Energy
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What Will Last Mile Distribution Look Like in 2025? Six Predictions for an Emerging Sector
From water purifiers to solar lights, the impact-oriented products can’t further development goals if they can't make it to last mile customers. Emma Colenbrader and Charlie Miller of the Global Distributors Collective explain how the organization's 140 member distributors have defied tough odds to get 13 million products and counting into the hands of last mile households. They share a first-of-its-kind report that aims to better understand the markets for these products, the customers being reached – and the business models that can reach them.
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- Energy, Telecommunications, Transportation
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Badly Needed, Hard to Deliver: The Challenges of Selling Drought Insurance to African Farmers
Millions of poor farmers in Africa can't move beyond subsistence levels because of droughts and other weather disasters. Insuring farmers against these risks is key to helping build their resilience to climate shocks. But providing this insurance – while making a profit – is no easy matter. Jim Hight explores the challenges in discussing WorldCover, a drought insurance provider that's gaining traction in Africa.
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- Agriculture, Finance
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A social enterprise in Kerala combines sustainability and women’s empowerment
Does it come as a surprise that the six yard wonder, the sari (a version of cloth) is one of the largest polluters of Vembanad lake, along with plastic? Social entrepreneur Sanju Soman, one of the people behind Bhava, a social enterprise that upcycles saris and cloth explains, “Cloth usually escapes attention as a pollutant due to the constant spotlight on plastic. It is as bad, and one of the largest pollutants taking years to disintegrate, ending up as landfill or in water bodies. A cotton bag is not very much better than a plastic bag, it also leaves a footprint in water, like here in the Vembanad lake. Plastic bags came as alternatives to paper bags, for which trees were cut. We started using more of it, less of paper bags and single use plastic became the problem it is today.”
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- Uncategorized
- Region
- South Asia