Innovation


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The world's poorest children are paying a high price for scholarships

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The world's poorest children are paying a high price for scholarships When donating aid, donor countries should prioritise basic rather than higher education. For many donor countries, a large proportion of "aid" never leaves their country. Spending this money on education in the world's poorest countries could go a long way to giving the 132 million out-of-school children and adolescents the chance for a better future. Our recent policy paper, Education for All is affordable - by 2015 and beyond [PDF], shows that the financing gap for achieving basic education has grown by $10 billion in three years and now totals $26 billion per year. This increased finance gap is primarily due to donors failing to increase aid significantly to help developing countries send children to school. This finance gap can be bridged, however, if both developing countries and donors prioritised basic education. Currently, however, donors spend $3.1 billion per year on university ...
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Overcoming Generational Differences in the Workplace

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How can we bridge generational gaps at work? How can we leverage them? The Women in Capital Markets Initiative—which brings together leaders from across finance, academia, and policymaking—addressed these questions at a series of get-togethers in New York City and Washington, DC. Principally, the discussion explored the challenges and opportunities associated with the changing workforce, including communicating across generations, talent gaps, and how firms and managers can attract and retain talent. The events were facilitated by experts from BridgeWorks, a research and consulting firm specializing in generational dynamics. The conversation was conducted under the Chatham House Rule, to encourage candor, but I'm pleased to share a few of the group's insights with you. Recognizing Generational Similarities, Differences, and Challenges The conversation at both events began with a recap of the widely-recognized generational boundaries. Millennials – Mil...
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You Never Get What You Don’t Ask For

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Embrace the fear of “no.” Then ask for the “yes.”  “So, Dave,” said the frustrated young woman who had been working harder than anyone else on the sales floor and thought she’d been doing everything right. “Why am I not seeing more success in sales?” Haley was a good salesperson for our software company, Likeable Local. Good but not great. What made the difference between good and great for her was one very simple thing, the same thing that often makes the difference between successful people and very successful people. It took listening to her on a product demo for me to find that out. I sat in on a demo Haley had with John, the owner of a jewelry store in Boca Raton, Florida. He was an older gentleman, uncomfortable in general with social media, and Haley did an excellent job of building rapport early, listening, mirroring, and validating his concerns. He was wary of doing social media on his own but was not sure how much time or money he had for software like ...
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