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From Local to Global: The Questions SMEs Should Answer Before Exporting
Whether it helps them survive in a competitive local economy or lets them scale beyond it, foreign market entry can be a vital step for small and medium enterprises (SMEs) in emerging markets. But it also represents a major risk for a small business – one that can easily result in failure. Daniel DeValve of the William Davidson Institute highlights three case studies that explore the challenges Philippine SME owners faced in considering a move to a new market – along with the impact their decisions had on their businesses.
- Categories
- Entrepreneurship
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Machine Learning Meets Credit Scoring: How it Can Help Reduce Loan Delinquency Costs
Investment in predictive algorithms for credit scoring is a no-brainer for sophisticated digital financial service providers. Brick-and-mortar financial institutions that are just beginning to explore technology applications should follow suit, according to BFA, because credit scoring optimizes three business layers that improve the overall bottom line.
- Categories
- Inclusive Fintech
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Weekly Roundup 11-6-15: Rotary provides blueprint against disease, but passion’s hard to duplicate
Polio has almost totally been eliminated and Rotary International deserves much of the credit. As an added bonus, this U.S.-based service organization composed of business and professional leaders has given the world a playbook to fight deadly diseases.
- Categories
- NextBillion Originals
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UPDATE: Powerful Partnership: Teaching case spells out how Walmart and USAID collaborate to meet global challenges
When Walmart started striving for greater social impact through its supply chains and the U.S. Agency for International Development came to embrace the private sector, a unique collaboration was formed. A new teaching case explains how these high-powered partners are seeking integrated solutions to increasingly complex global problems.
- Categories
- Agriculture, Education
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OPINION: Whatever Happened to the Machine That Turns Feces Into Water?
Earlier this year, I shared a video where I drank water made from feces. (My review: It was delicious.) Today the machine that produced the water, the Janicki Omni Processor – or JOP – is in Dakar, Senegal, as part of a pilot project that could ultimately save lives and reduce disease in poor countries.
- Categories
- Agriculture, Education, Health Care, Technology
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Tools for Teaching About Business at the BoP: Initiative seen as a way to raise students’ awareness of the potential in developing countries
The Business Schools for Impact (BSI) site is up and running, and offers a growing body of course materials and case studies from top institutions. BSI also offers internship opportunities, and one of its goals is to eventually build a full-fledged integrated Global Impact Master program.
- Categories
- Education, Entrepreneurship
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Announcing the Winners of the 2015 Case Writing Competition: Different geographies and companies, face the question of expansion
Whether its mobile money in Nicaragua, a joint venture in Bangladesh or a tea company in the Amazon, the winners of the 2015 NextBillion Case Writing Competition all face the same question: What’s the smartest way to expand? Check out this year’s winners.
- Categories
- Education
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A Delicate Balance for Ruby Cup: Improving public health, keeping girls in school through menstrual hygiene management
The Ruby Cup represents a low-cost, sustainable solution to the problem of menstrual hygiene management in the developing world. But the company that makes the cups found profitability only after shifting focus and changing its target market from the BoP to high-end customers and a buy-one/give-one business model.
- Categories
- Education, Entrepreneurship, Health Care
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