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Aligning Empowerment with Profitability: Three Business Practices That Support Both Women and the Bottom Line
Women are more career-focused than ever, but their representation in global business leadership is not keeping pace. Verónica Lawson Vilches at The Word on Record argues that empowering women in the workplace shouldn’t be viewed merely as a social goal. She highlights three business practices at Girl Power Talk, an India-based social enterprise that provides women and other young people with job skills and work opportunities, to show how efforts to boost women's empowerment can also give businesses a competitive edge.
- Categories
- Education, Social Enterprise
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An African Approach to Online Education: An Innovative Platform Aims to Prepare the Continent’s Youth for the Jobs of the Future
By 2050, one in every four individuals in the world will be African. In response to this demographic shift, it's essential to ensure that young Africans possess the necessary skills to compete in the global job market. But according to Adewale Yusuf at AltSchool Africa, conventional educational approaches have failed to meet these students' unique needs. He explains how AltSchool Africa developed an online platform based on African approaches to learning, and how the platform provides young students with the job skills they need to succeed in an increasingly global economy.
- Categories
- Education, Technology
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The Global Impact of South-South Cooperation: The Case for Teaching Developing Countries’ Solutions to Business Students Worldwide
South-South Cooperation empowers developing countries to create home-grown solutions to development problems, and to share them with other countries in the Global South. According to Mette Morsing at Principles for Responsible Management Education, the business sector has a key role to play in scaling these solutions in both the Global South and North. But for that to happen, she argues that business schools must focus on increasing knowledge exchange between emerging market innovators and their peers in the developed and developing worlds.
- Categories
- Education, Technology
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Preparing Young Leaders to Solve the World’s Energy Challenges: Insights From Nine Business Case Studies Highlight Paths to a Sustainable Future
Confronting the world’s vast energy and climate challenges can be daunting, but a new generation of innovative entrepreneurs are developing the skills to tackle this threat head-on. Sandra Draheim at the William Davidson Institute (WDI) argues that business case studies are a key teaching tool for these young leaders. She shares nine energy and climate-related case studies from WDI Publishing (available at 50% off through March 31), and invites readers to take part in WDI's Energy Innovation in Low- and Middle-Income Countries Global Case Writing Competition, which offers cash prizes ranging from $1,000 to $3,000 to the three winners.
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- Education, Energy, Environment, Transportation
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Seven Keys to Successful Business Mentorship Programs: How Entrepreneur Support Organizations Can Maximize Their Impact
Building a business can be exciting and rewarding, but it also requires personal sacrifices that can put both an entrepreneur's well-being and their enterprise’s success in jeopardy. As Amy Gillett and Kristin Babbie Kelterborn at the William Davidson Institute explain, mentors can play a key role in helping entrepreneurs deal with these unique difficulties. They share seven insights that can help entrepreneur support organizations like accelerators, incubators and investment companies implement successful business mentorship programs.
- Categories
- Education
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Overcoming the Limitations of Donations: An English Education Nonprofit in India Transitions to Social Enterprise
Access to quality English language instruction has become a key to upward mobility in the developing world. But as Andrew Spearing and Nilabh Agrawal at Instilt Educate point out, for nonprofits in the English education space that are looking to rapidly scale, the donation-only model is a non-starter. They discuss the limitations of the nonprofit revenue model, and explore how Instilt Educate has navigated the challenges it has encountered in launching a paid element to complement its usual donation-based fundraising.
- Categories
- Education, Social Enterprise
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Putting Outcomes Above Ideology: Why the Development Sector Must Recognize the Critical Role of Low-Fee Private Schools in Addressing the Global Learning Crisis
The COVID-19 pandemic has exacerbated the global learning crisis, with up to 70% of children in low- and middle-income countries unable to read and understand a simple text by age 10. Yet Corina Gardner and Stephen Caleb Opuni at the IDP Foundation argue that, despite the urgency of the situation, the development sector remains locked in an ideological debate over whether non-state schools should play a role in the global education landscape. They urge the sector to move past its resistance to private education options and instead work to ensure that these schools are properly regulated, integrated and supported.
- Categories
- Coronavirus, Education
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Augmented Reality for Financial Literacy: An Innovative Approach to Delivering Immersive Customer Education
India's Business Correspondents – i.e., retail agents engaged by banks to provide financial services at locations other than a bank branch – often struggle to learn about the new products and services their banks offer. And though online training has become the new normal during the pandemic, many of these agents find it difficult to complete. Piyush Singh and Rahul Ranjan Sinha at Grameen Foundation India discuss the value of augmented reality in addressing this challenge – and in enhancing online financial education more broadly for underserved customers.
- Categories
- Education, Finance, Technology
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