In cultures that equate success with higher education, how can you foster wider entrepreneurship? Mary Olushoga, AWP Network founder, describes how a business plan competition backfired and what the real lessons are to encourage innovation.
Many nonprofits that seek additional funding navigate a complicated balancing act when providing fee-for-services. Julia Roig, president of PartnersGlobal, which supports local civic leaders in more than 50 countries, and Kehinde Togun, deputy director of the group’s Sub-Saharan Africa programs, recently scaled up support for nonprofits making this shift in West Africa.
Build a management system that embraces entrepreneurship and uncertainty, counsels business management guru Eric Ries in a video interview with GE's Beth Comstock.
We're in an age when just about every new commercial enterprise proudly touts itself as a startup. But the fact is that a startup means something more than a company that has recently opened for business. It is shorthand for an ethos that the organization holds dear: speed, flexibility, a willingness to be daring and experiment.But where does innovation come from and how can its pace be sped up? How can companies innovate to create competitive advantages? How can cities encourage a culture of entrepreneurship? How do we democratize innovation for younger and more diverse segments of the population?
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To realize the benefits of these technologies, however, companies need to ensure that data analytics are being applied in the most effective way and communicated to the right people. That often requires a cultural shift throughout the operations — from the C-suite to the shop floor.