Category Archives: social Innovation

Assured Labor – creating a mobile marketplace for jobs in emerging markets

In the fall of 2007, a group of young potential entrepreneurs attending the course on Development Entrepreneurship at MIT struggled with a problem facing over half the developing world. As developing economies grew and provided new jobs, the infrastructure to communicate and broadcast the potential opportunities for employment was unable to keep up. The influx of migrant workers into urbanized centers provided a rich pool of available talent but the mechanisms for disseminating job needs were still rooted in the 19th century. Print advertising and, in extreme cases, roving cars with loudspeakers, were used in a scattershot manner hoping to attract potential candidates to interview for jobs. Online advertising wasn’t an option in most developing countries where internet connectivity was sporadic. The transient nature of most migrant and casual laborers made getting to the target audience even more difficult. Continue reading

Vijay Mahajan of BASIX on risks and results in microfinance

A good article that touches on some of the issues in my last post is a recent interview of Vijay Mahajan on the Credit Suisse website. In the interview Mr. Mahajan points out to some of the prerequisites for microfinance to pull people out of poverty. He also highlights the need to match investment growth in this sector to the available management capacity in order to avoid a bubble in the sector. Here are some extracts from his interview. Continue reading

Grameen and Continuum partner to address talent gap in microfinance

Last week I had the opportunity to attend a panel discussion at Continuum, the design consultancy based in Newton, Massachusetts, on “Building Leadership in the Microfinance Sector.” Moderated by Ed Milano from Continuum, the panel consisted of a cross functional team that was studying the issue of talent acquisition and management in the microfinance sector and consisted of Peg Ross, Director of the Human Capital Center at the Grameen Foundation; Lyndon Rego, Director of the Innovation Incubator at the  Center for Creative Leadership; Lynn Pikholz, President of Shorecap Exchange; and Anna Muoio, Principal with the Social Innovation practice at Continuum.

The presentation and discussion centered around some very preliminary findings based on an initial field immersion trip and set the stage for  more detailed field research to be conducted later this year. I have outlined some of the observations that were shared at the meeting and my personal observations and reactions to what I heard. Continue reading

Help select a winning teen social entrepreneur

Ashoka Youth Venture and Best Buy Children’s Foundation have teamed up to create the @15 Community Impact Challenge. Ashoka is known around the world as the institution that coined the term social entrepreneurship and has been actively supporting social entrepreneurs for nearly 30 years. Ashoka’s Youth Venture works to encourage this spirit of innovation and social entrepreneurship in young people. With Ashoka’s Youth Venture’s support youngsters design and launch their own social ventures to target social issues and challenges.

The Best Buy Children’s Foundation hopes to empower teens at the most critical time of their lives – early adolescence. Its @15 programs provide teens with a platform to affect social change. @15 working together with Ashoka’s Youth Venture has created the Community Impact Challenge. Youth teams from around the nation applied to enter the competition. A set of 15 finalists was chosen based on an assessment of their potential for community impact and a vision of how they would create sustainable change. Continue reading

Some reflections on Martin Luther King and non-profit leadership

Yesterday I had the opportunity to volunteer with a group at the Greater Boston Food Bank. After spending some time on the production line, and given the past weekend celebrating Martin Luther King, the group was asked to reflect on what Martin Luther King might have done in light of what we had seen and experienced, at the Greater Boston Food Bank as well as the larger set of social issues that we are exposed to in our daily lives. Continue reading