Competing for a Change
How Changemakers’ “collaborative competitions” harness the wisdom of crowds.
How Changemakers’ “collaborative competitions” harness the wisdom of crowds.
Few microfinance institutions articulate what, exactly, their ultimate goals are and how to achieve them. If the goal of microfinance is to alleviate poverty, the authors say, then MFIs should focus on helping their clients build successful enterprises, rather than on making more and bigger loans.
What is happening overall in philanthropic capital markets?
Social enterprise and innovation are about more than just invention. In this panel discussion, experts argue that diffusion or scaling up ideas is an integral part of making truly effective social change. Educators, nonprofit executives, and philanthropists share their perspectives about how to take innovative ideas for social change to that tipping point where they can create large-scale, lasting positive effects.
Funders are calling for more program evaluation, but nonprofits are often collecting dubious data, at great cost to themselves and ultimately to the people they serve.
Large-scale social change requires broad cross-sector coordination, not the isolated intervention of individual organizations.
With an understanding of these 10 funding models, nonprofit leaders can use the for-profit world's valuable practice of engaging in succinct and clear conversations about long-term financial strategy.
Conventional wisdom says that scaling social innovation starts with strengthening internal management capabilities. This study of 12 high-impact nonprofits, however, shows that real social change happens when organizations go outside their own walls and find creative ways to enlist the help of others.
Despite the hoopla over microfinance, it doesn't cure poverty. But stable jobs do. If societies are serious about helping the poorest of the poor, they should stop investing in microfinance and start supporting large, labor-intensive industries.