-
NexThought Monday: In Failure, a Marketing Lesson for Social Entrepreneurs: What we can learn from the closing of The Hoop Fund
The Hoop Fund was built on a truly innovative premise: Allow consumers to purchase premium goods from small businesses in the developing world, while simultaneously supporting those businesses with microloans. Unfortunately, the model suffered from critical gaps in marketing strategy, which made it almost impossible to achieve scale.
- Categories
- Education
-
Why the Failure of the Nano Has Been a Success
The Tata Nano’s launch failed by nearly every measure, including highly publicized flame outs of just purchased cars. Yet the $2,000 Nano gave companies thinking about emerging segments in emerging markets something to talk about. The hype caused firms of many sizes and industries to plan or imagine how their products might someday reach the poor.
- Categories
- Finance
-
Friday Roundup – 3/18/11: Failure IS An Option, but Don’t Fail At Learning
Failure grown into meme that has built business guru empires and flooded the speaker/seminar circuit. Adam Richardson, a creative director at global innovation firm frog design, advises that we shouldn’t "fetishize" failure, but learn from it. What has our sector learned from our failures and how are we applying them to future projects?
- Categories
- Education
- Tags
- failure
-
Embracing Failure at the Harvard Social Enterprise Conference
In business, failure is part of the game, but this reality is often taboo in the social sector. At Root Cause, Phil Buchanan of Tactical Philanthropy provided his thoughts on the importance of "learning from history" from successful philanthropic cases.
- Categories
- Social Enterprise
- Tags
- failure, social enterprise
-
Improving Development, One Failure at a Time
The development community needs to learn to better manage failure and stop sweeping it under the rug. On Jan. 14, Engineers Without Borders Canada with Peace Dividend Trust launched a website to challenge development organizations worldwide. Admittingfailure.com is a platform for individuals to submit mistakes they?ve encountered in their work.
- Categories
- Social Enterprise
-
Learning From Failure: How to Make a Successful Business and a Sustainable Industry
"Some people think I’m crazy.” These were the words of Alexandre Wainberg as quoted by The Estado de Sao Paulo last Sunday (Article in Portuguese - Subscription required). In an excellent piece detailing the environmental damage and social issues surrounding the aquaculture...
- Categories
- Education