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  • Entrepreneurs Can Earn Their Stripes in the Minor Leagues, Too

    It became a model for Thomas S. Lyons, a professor of entrepreneurship at Baruch College?s Zicklin School of Business in New York, and Gregg A. Lichtenstein, a business consultant in Margate, N.J., who were searching for ways to develop entrepreneurial talent. ?We kept coming back to baseball?s farm system,? Professor Lyons said. ?It is one of the best talent-generating systems in the world.? The pair had an ambitious goal: to build a system in underserved and overlooked regions of ...

    The New York Times (link opens in a new window)
  • Base of the Pyramid – Where Business Growth and Needs of the Poor Converge

    The World Resources Institute, working with the International Finance Corporation, has released a study that estimates the ’Base of the Pyramid’ (BOP) consumer market - which includes four billion people worldwide with incomes below US$3,000 in local purchasing power - is worth US$5 trillion. Following a recent consultation that IBLF held with support from McKinsey & Co and Unilever, IBLF has produced a set of guidelines showing how companies can develop successful base ...

  • Scojo Foundation and Population Services International (PSI) have signed a five-year pan-Africa agreement to make reading glasses available to the millions of Africans who lack this simple, essential health product and tool for economic development. For most Africans living in poverty, reading glasses are unobtainable due to barriers of cost, access, and awareness. Without reading glasses, people who need to see up close to earn a living, such as weavers, farmers, electricians, and artisans, ...

    Scojo Foundation News
    Sub-Saharan Africa
  • Measured Progress

    It’s no secret how Wall Street looks at a stock; most investment banking analysts play some version of the same numbers game. They gin up models of a company’s financial drivers, then plug in data based on what they know or can guess about revenue and spending. The spreadsheet spits out projections of future cash flows and profits, which imply a certain valuation. The problem, of course, is that there’s much more to corporate performance than what we can glean from traditi...

    Fast Company (link opens in a new window)
  • ?Patient? Capital for an Africa That Can?t Wait

    Africa needs many things, but most of all it needs capitalists who can start and run legal companies. More Bill Gateses, fewer foundations. People grow out of poverty when they create small businesses that employ their neighbors. Nothing else lasts. Last week, I was touring northern Tanzania when our car passed the small town of Karatu and we suddenly came upon an open field splashed with colors so bright and varied it looked from afar as if someone had painted a 30-color rainbow on the landscap...

    New York Times (link opens in a new window)
  • How Magazine Luiza Courts the Poor

    Inspiration for a new case can strike at any time. For Harvard Business School professor Frances X. Frei, the time and place was one morning at home while reading The New York Times. An article on the front page of the Business section about an innovative Brazilian retailer prompted an immediate e-mail to Gustavo Herrero (HBS MBA ’76), executive director of the School’s Latin America Research Center (LARC). Herrero responded promptly, and with the assistance of LARC senior researcher Ric...

    HBS Working Knowledge (link opens in a new window)
    Latin America
  • Microsoft increases software, education for underserved billions

    Microsoft Corp. said Thursday it will build on existing efforts to bridge the digital divide worldwide and announced several new ventures, including a $3 software package for governments that subsidize student computers. The software maker said it will sell a Student Innovation Suite, which includes Windows XP Starter Edition and Microsoft Office Home and Student 2007, for $3 to governments that subsidize a certain percentage of the cost of PCs for primary and secondary students for u...

    Associated Press (link opens in a new window)
  • Global Social Venture Competition

    Ten social venture finalists from around the world will compete for $45,000 in prizes and exposure to potential funders at the eighth annual Global Social Venture Competition (GSVC) at the Haas School of Business on April 13. A record 157 teams from 80 universities in 20 countries entered the competition in 2007. The Global Social Venture Competition, started by Berkeley MBA students in 1999, has expanded this year, with Yale School of Management and Indian School of Busine...

    Source (link opens in a new window)
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