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NexThought Monday: Pay for Success … With an Important Twist
Did you ever wonder how to adapt the pay-for-success model to market-based social enterprises and inclusive businesses? How to catalyze and secure private investments that allow scaling? And how to make sure that each party involved has an incentive to outperform on impact? Roots of Impact believes they've found an answer to these questions.
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- Investing
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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.
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- Agriculture, Education
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NexThought Monday – Collecting Data That Matters: Nine tips for making sure your organization extracts the most value from measurement
Measurement is an iterative process. Metrics can and should shift as a company evolves from design to scale. Organizations should focus on collecting data that helps them improve their operations, such as data that can lead to them creating more value for their customers, producers and/or the communities where they operate.
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- Entrepreneurship, Impact Assessment
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NexThought Monday – Power in Numbers: How organizing, even informally, benefits smallholder farmers
Markets don't address the needs of smallholder farmers. To remain competitive, these farmers will have to join forces with other smallholders and the external community will need to assist them by encouraging and enabling the formation of farmers' organizations.
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- Agriculture, Entrepreneurship
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NexThought Monday – Tapping the Potential of the World’s Largest Minority: Two keys to boosting employment for 70 million disabled people in India
After spending three months analyzing ongoing efforts to increase employment for people with disabilities at the base of the pyramid in India, the author saw two main problems: no collective goals have been established and there’s a lack of transparent impact data demonstrating the economic and social outcomes.
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- Education, Impact Assessment
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NexThought Monday – Mentoring for Social Entrepreneurship Education: Building a holistic impact in the MENA region
Even with plentiful approaches to private sector professional development available – life coaching, consulting, executive coaching, training programs – proponents of mentoring proclaim its ability to catalyze personal development and create institutional change. But can mentoring also create broad economic impact?
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- Education, Entrepreneurship
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NexThought Monday – Eying the Prizes: Can innovation challenges tackle the problem of energy access?
Over the past few years, innovation prizes have become common with development partners seeking to sponsor innovations that are likely to yield solutions to common development challenges. The opportunities to take part in these innovation prizes are numerous, but are they actually effective when it comes to getting the products into the hands of the people who need them?
- Categories
- Energy, Entrepreneurship
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