Social Entrepreneurship at its best – Microfinance and the Revolution in the Third World

This article discusses how the hitherto unbanked poor and the small entrepreneurs have benefited from the microcredit and microfinance revolution. The article examines this revolution in lending to the poor from multiple angles including analyzing successes, diagnosing the reasons for some notable failures, and listing some suggestions on ways to improve the system as well as draw conclusions from the lessons learnt.

Read More

The Future of Entrepreneurship

With entrepreneurship being the rage and the in-thing, one must ask whether the future of entrepreneurship would be like. This article examines some trends that might shape the future in addition to using the past as a guide as well as an understanding of the present to discuss the key theme that entrepreneurs must peer into the future as well as look backward without losing their feet on the ground.

Read More

The Role of Technology in Social Entrepreneurship

This article discusses the central role that technology plays in solving social problems. The key themes in this article are that increasingly, social entrepreneurs are focusing on delivering social innovation through the astute use of technology as well as how such use of technology creates value through synergies and allows scaling up quickly. Real world examples are used to illustrate some of the key points and insights made in this article.

Read More

What is Entrepreneurship and Who is an Entrepreneur ?

This article introduces the readers to what entrepreneurship is and who an entrepreneur is. This article is an introductory piece on the skills and attributes needed for entrepreneurs to succeed. Further, this article also defines what creative destruction means and why entrepreneurs succeed or fail. Apart from these details, this article makes the point that entrepreneurs take the risk and hence, they are to blame for the failure as well as reap the rewards when their ventures succeed.

Read More

Emerging World of Entrepreneurship: Unicorns and Billion Dollar Start-ups

The recent sensational news about new age entrepreneurs taking the world by storm with their freshly minted eCommerce and Technology startups attracting Billion Dollar valuations needs some analysis based on sound business fundamentals. This article assesses the business strategies of these ventures some of them being called Unicorns because they can do no wrong. The key themes in this article are that businesses exist to make profits and investors fund to get returns and hence, one has to balance the eye popping valuations with the question as to whether their business models can survive over the longer term.

Read More

Principles of Entrepreneurship

This article discusses the principles of successful entrepreneurship by drawing from the insights of recent research done by management experts. While the principles mentioned here indicate how successful entrepreneurs operate, it is important to remember that for entrepreneurs to succeed, it is about finding balance between inner aspirations and external expectations.

Read More

Local Goes Global

With IT shops in 73 countries doing good work but doing it their own way, employment services leader Manpower decided it was time to govern globally, execute locally. That meant leveraging common processes and tools without stamping out entrepreneurship and innovation. Here’s a conversation on how they’re doing it.

Read More

Free Market PM

Economics and project work share much in common. Unfortunately, project management theory seems to be lagging behind modern economists’, favoring quantitative methods and deterministic planning over agility, entrepreneurship and individual responsibility. The dismal consequences are widespread, but it doesn’t have to be this way. There is a choice.

Read More

The Cost of Quality: Tata Group Case Study

A quality-driven program is essential to good project management. This article features the chairman of Tata Quality Management Services (Mumbai, India) discussing how his organization meets global standards for business excellence with a quality-driven program. It details the organization’s use of the Tata Business Excellence Model (TBEM) across its companies to measure how each is performing. It then provides an example of Tata’s approach to project management using its US$4.5 billion, 4,000-megawatt power plant project in Gujarat, India. The article also explores the organization’s approach to innovation noting that intuition and entrepreneurship can take precedence over process. It examines how quality processes help companies better manage their projects. It concludes by suggesting ways companies can make quality part of their project management process.

Read More