Business Solutions at the Base of the Pyramid

Size: px
Start display at page:

Download "Business Solutions at the Base of the Pyramid"

Transcription

1 Business Solutions at the Base of the Pyramid Moderator: V. Kasturi Rangan, Malcolm P. McNair Professor of Marketing, Director of Research Michael Chu, Senior Lecturer of Business Administration Panelists: Jaime A. Zobel de Ayala II, Chairman and CEO, Ayala Corporation Carlos D. Labarthe Costas, Co-CEO and Cofounder, Compartamos Banco S. Sivakumar, Chief Executive, Agribusiness Division, ITC Ltd. Yong Tao, Chairman, Strategic Decision Resources Group (SDR) Simpiwe Kenneth Tshabalala, Chief Executive, Standard Bank of South Africa Overview The 4.5 billion people in the world at the base of the pyramid (who live on $5 per day or less) represent a $15 trillion economy a huge under-tapped opportunity and one poised to expand as these people join global markets as consumers and producers. Capitalizing on this opportunity requires bringing basic services to poor communities in developing economies. Increasingly, it is private-sector companies rather than NGOs or philanthropists that are able to best meet these social needs. The innovative, for-profit business models these panelists are pursuing are capitalism at its best creative low-cost solutions to massive societal problems; generation of profit which makes these undertakings sustainable, provides capital to invest in growth and infrastructure, and attracts investors; and partnership with local communities. Context These panelists described their ventures at the base of the pyramid and responded to a range of questions from attendees. Key Takeaways These panelists are all pursuing opportunities in the $15 trillion base-of-the-pyramid economy. The 4.5 billion people in the world who live on $5 per day or less represent a $15 trillion economy and a huge under-tapped market opportunity. This opportunity is poised to expand, because of not only what these people consume, but also what they can produce. Bringing needed services to their communities water, sanitation, energy, health care, education, and finance will help develop this opportunity and integrate these people into global markets. For this $15 trillion economy to come alive and sustain itself, we must bring a few things health care, education, basic utilities... [and] access to finance. V. Kasturi Rangan Pursuing opportunities at the base of the pyramid is exactly what each of these panelists is doing, each in his own country and environment but with many similarities. Philippines (Zobel): Supplying water 24/7. Before Manila Water Company was privatized in 1997, only 3 million of Manila s 5 million residents had access to water, and those who did had it for only six hours per day. (Those who lacked water often had to pay middlemen ten times the price for water.) Since privatizing Manila Water, 99% of Manila s citizens can now access water 24/7. Manila Water, which retained 97% of its employees after going private, produces 15% to 20% operating margins, resulting in profits of $50 million per year; its market capitalization has grown from 2 billion to 132 billion pesos. Mr. Zobel sees the keys to Manila Water s success as: 1. Finding solutions for the base of the pyramid being seen by management as a core business strategy. Management did not view the communities at the base of the pyramid as needing to be taken care of through philanthropy. They saw it as a business opportunity. They realized that pursuing this opportunity required focusing the company s strategy on this opportunity and developing trusted relationships with the community. (These relationships are now so strong and the benefits seen by communities so great that the communities would not want to go back to public water systems and are cooperative regarding rate increases.) You couldn t tackle this community as you would a customer of any other kind. The needs were great, distrust for the private sector was high. Integrating our strategies with the community was fundamental. Jaime A. Zobel de Ayala II 2. A corporate culture that encourages ownership and customer connection. With virtually all of the same employees who were previously part of the highly inefficient government bureaucracy, Ayala Corporation, by changing the management in particular bringing in an HR expert from another Ayala company created a strong sense of pride among all Manila Water managers. They feel ownership over their territories and integrate themselves into their communities, working with community leaders on solutions. 3. The structure of the public-private framework that was created. The financial structure of the deal is a win/win for the government and the company. It enables the company to make a profit while also encouraging the company to invest in rebuilding the aged infrastructure and to implement efficiencies. The structure enabled the privatized company not Summit Report

2 only to get water service to many more people but also to earn a good return, which in turn allowed it to reinvest in the business. India (Sivakumar): Equipping rural farmers with Internet access. Rural farmers in India, who both buy goods (such as seeds) and sell their crops, have been largely constrained in their options for commerce. Choices have been limited and transaction costs high. The agribusiness division of ITC has brought 7,000 Internet kiosks to 40,000 remote Indian villages (100,000 are targeted), equipping 4 million farmers with communication capabilities and all types of information, such as information on price/weather. Making farmers more informed and more efficient buyers and sellers has decreased transaction costs by almost 67% and brought far greater efficiency to previously inefficient supply chains and markets. This has allowed farmers to capture greater value (on average, 78% more) without necessarily charging more. With efforts targeted on growth, overall profitability has not yet been achieved for this roughly $4 billion business, but in geographies where the company has been for a few years, it is profitable. Markets are the best means to serve the base-ofthe-pyramid customers... but these people often access markets [to buy or sell] under constrained conditions. S. Sivakumar China (Tao): Wiring the countryside with cell phone telecommunications. The base of the pyramid in China consists of 800 to 950 million residents, some of whom live in cities but many of whom are farmers living in the country s 600,000 villages. Currently, China Mobile (owned 75% by the government and 25% by investors), the world s largest telecom company, has 400 million customers, 150 million of whom live in the countryside. Use of mobile phones has given these people at the bottom of the pyramid access to information and the ability to communicate. The keys to the successful and rapid expansion into rural areas are: low prices, which have been made possible by a massive and efficient operating system; and the company s tremendous distribution network, which entails having one person per village operate a China Mobile store in each village (600,000 people operating 600,000 stores across 600,000 villages). Creating this channel is a massive undertaking, but helps create a sustaining model of economic development. South Africa (Tshabalala): Bringing banking to the people. Mr. Tshabalala is CEO of Standard Bank, South Africa s largest bank, with assets of $180 billion, operations in 38 countries (18 in Africa), and strong profits. Standard Bank is using innovative means to target customers at the base of the pyramid, a right the company feels it has earned through the success it has achieved in operating its existing business. The bank has made it a priority to make a difference to those parts of society that have been marginalized. The bank s approach is to innovate outside of its usual command-and-control structures; to incubate businesses in partnership with communities. The people running these fledgling ventures have more freedom to think out of the box than would normally be afforded within the bank s normal structures. Once these innovative ventures start succeeding, they are brought back into the bank s usual structures. A key part of the innovations focused on the base of the pyramid is that they have to be more cost effective than services delivered through the bank s branch system, requiring social innovation (using retailers in the community as part of the bank s distribution network) and IT innovation. Mexico (Labarthe): Empowering female entrepreneurs through microfinancing. Mr. Labarthe and his brothers founded Compartamos Bank as a nonprofit in Compartamos is a specialty bank that just does microfinance. Its average loan is $450 and 98% of its loans go to women who use the funds for working capital. Now it is a publicly traded company with 1 million clients, 300 offices, and 50% profit growth and return on equity each year for the past decade The bank is successful because it has a very profound and important sense of purpose. Compartamos strives to simultaneously deliver three kinds of value: social value (determined by the number of clients reached), which gives clients options for a better life; economic value (profitability); and human value, offering clients and staff the opportunity to grow as individuals, e.g., via increased self-esteem, and to create a better country. In addition, Compartamos success has come from applying commercial principles to solve social problems. The commonalties in each of these models include: Seeing the opportunity in the base of the pyramid. Applying business principles to solve social problems. Delivering low-cost solutions. Thinking differently. Providing services for the base of the pyramid using the same infrastructure, distribution system, and cost structure won t work. An entirely different way of thinking, distributing, and marketing is necessary. Partnering with the community. Pursuing profit is not inconsistent with delivering social value. Several questions challenged panelists to defend making a buck by profiting from the poorest segments of society. The specific answers varied, but supported the notion that a profitable private-sector business provides a sustainable way to provide services to the bottom of the pyramid, a far more sustainable approach than philanthropy. Mr. Labarthe said that growing his Mexican bank successfully for investors adds the most value to society. Generating profits has enabled the bank to attract investors and capital, which in turn has enabled Summit Report

3 the bank to grow faster, serve more customers, and pursue its mission of providing ever more loans and increased product/service options. The social value that we want to give is to serve as many people as possible in the least amount of time. Carlos D. Labarthe Costas Asked whether Standard Bank s community development activities were core to its business strategy or simply PR-motivated CSR (corporate social responsibility), Mr. Tshabalala said that the fate of his bank and that of society are inextricably linked. Standard s social initiatives aimed at the poor are not interventions but are investments in mitigating political and market risks that could hurt shareholder value. For us it s an out-and-out business proposition. You ve got to contribute to the reduction of political risk by reducing the number of poor people... and thereby add value to shareholders. Simpiwe Kenneth Tshabalala Asked about the legitimacy of making money from delivering water to poor people arguably a basic right Mr. Zobel said, Profitability has allowed us to invest heavily in the infrastructure needed to take the public utility to the 21 st century. The people and communities have become great supporters, grateful to no longer be purchasing bottled water from exploitative middlemen. (Record complaints to the call center after the privatization surprised leaders, until they heard the reason: People began calling when they thought someone would finally listen.) Mr. Sivakumar of ITC is facing more pressure achieving profits along with social value. ITC sources commodities from Indian farmers, but empowering them with information does not always accrue to the company s bottom line. Profitability may come more readily when the firm leverages its infrastructure into new product opportunities. The win/win business models described by the panelists are replicable throughout the developing world. Professor Rangan and colleagues are creating intellectual capital and developing frameworks for ideas that were gut instincts on our part, said Mr. Zobel. The basic ideas behind the panelists ventures are similar such as the need to integrate with and engage communities in finding win/win solutions. We re all on the same wavelength, just adjusting to different circumstances. I was struck by the commonality of thought on something that was gut feel for me.... If you look at the frameworks developed by the Social Enterprise Center, they re really universal ideas. Jaime A. Zobel de Ayala II The panelists were optimistic about future base-of-thepyramid opportunities available to their companies by: Scaling and pursuing adjacent opportunities. The panelists see ways to use their company s infrastructure, distribution channels, and capabilities to pursue other adjacent opportunities, thereby leveraging their existing investments. For example, Mr. Tao sees great opportunity in leveraging his company s distribution network to introduce financial services (microfinance) to Chinese farmers. Mr. Zobel said his company s experience with Manila Water has caused them to think about an integrated approach to community development, bringing utilities and infrastructure to low-income communities. Reapplying. They were also optimistic that the success of these ventures can be replicated in other parts of the world, with adjustments based on local conditions. I definitely agree that most of the things we ve learned are cross-cultural... this is a great time to get into this big field of big opportunities. Yong Tao Summit Report

4 Speaker Biographies Speaker Biographies V. Kasturi Rangan (Moderator) Malcolm P. McNair Professor of Marketing, Director of Research Kash Rangan is the Malcolm P. McNair Professor of Marketing and director of Research. A member of the HBS faculty since 1983, he previously served as the chairman of the Marketing unit ( ). He is now cochair of the Social Enterprise Initiative. He has taught in a wide variety of MBA courses, including the core first-year Marketing course and the second-year electives Business Marketing and Channels-to-Market. He has also taught marketing in the Advanced Management Program for senior managers. He now teaches the elective courses Customers, Commerce, and Society: Business Value and the Private Creation of Social Value, and Business at the Base of the Pyramid. Rangan s business marketing and channels research has appeared in the Journal of Marketing, the Harvard Business Review, the California Management Review, the MIT Sloan Management Review, the Journal of Retailing, Management Science, Marketing Science, and Organization Science. Rangan is a coauthor of Going to Market, which deals with distribution systems for industrial products, and Business Marketing Strategy, which presents approaches for managing industrial products and markets over their life cycle. Rangan s book Transforming Your Go-to-Market Strategy presents a framework on how to evolve a firm s goto-market strategy with the changing needs of customers. His most recent book is Business Solutions for the Global Poor: Creating Social and Economic Value. Besides his interest in business marketing, Rangan is involved in studying the role of marketing in nonprofit organizations, specifically, how it influences the adoption of social products and ideas. He has written a number of case studies and articles on the topic and was one of the founding cochairs of the Social Enterprise Initiative at HBS, whose faculty study and teach the challenges of nonprofit management. He also founded and chaired the Executive Education program Strategic Perspectives in Nonprofit Management from 1994 until His research on this topic has appeared in Nonprofit Management and Leadership and the Harvard Business Review. His current research focuses on understanding the needs and wants of the global poor, those living on less than $5 a day. The aim is to capture the lessons of successful models of businesses, nonprofits, and governments serving that segment. Rangan received a bachelor of technology degree from IIT (Madras) in 1971, an MBA from IIM (Ahmedabad) in 1973, and a Ph.D. in marketing from Northwestern University in From 1973 to 1979, he held several sales and marketing positions for a large multinational company in India. Michael Chu, MBA 1976 (Moderator) Senior Lecturer of Business Administration Michael Chu was appointed a senior lecturer in HBS s Initiative on Social Enterprise of the General Management unit in July He is also managing director of the IGNIA Fund, an investment firm in Monterrey, Mexico, dedicated to investing in commercial enterprises serving low-income populations in developing countries, which he cofounded in He is also the senior advisor and a founding partner of Pegasus Capital, a firm in Buenos Aires dedicated to deploying equity capital in Latin America. Chu teaches the second-year MBA course Business at the Base of the Pyramid, which he developed and teaches with Professor Kash Rangan. He is faculty cochair of the Executive Education program Strategic Leadership for Microfinance. He has taught the MBA courses Investing and Managing in Emerging Markets and Effective Leadership of Social Enterprises. Chu is cohead of Project Antares, a collaboration between HBS and the Harvard School of Public Health focusing on commercial approaches to delivering high-impact primary health care to low-income populations in developing nations. Project Antares is part of the Social Enterprise program on Global Health and Low Income Populations. As president and CEO of Accion International, a nonprofit corporation dedicated to microfinance, Chu worked to develop financial services for the working poor as a new segment of banking capable of outstanding returns. He participated in founding several microcredit financial institutions and regulated banks throughout Latin America, including Banco Solidario, one of the premier microlending institutions in the world, which under his chairmanship has been the most profitable bank in Bolivia, and Banco Compartamos, which, after its IPO on the Mexican Stock Exchange in April 2007, has been incorporated as part of the exchange s index. From 1989 to 1993, as a limited partner in the New York office of Kohlberg Kravis Roberts & Co., Chu helped deploy KKR s $5.7 billion private-equity fund and manage an investment portfolio with aggregate annual revenues of over $60 billion. He joined KKR from Pace Industries, a KKRsponsored LBO, where he served as senior vice president and CFO. Chu serves on the boards of Sealed Air Corporation, Accion International, and BoardSource and is a trustee of Dartmouth College. Chu graduated with a BA (honors) from Dartmouth College and received an MBA with highest distinction (Baker Scholar) from HBS. He was born in Kunming, China, and grew up in Montevideo, Uruguay. He and his wife reside in West Newton, Massachusetts. Summit Report

5 Speaker Biographies Jaime A. Zobel de Ayala II Chairman and CEO, Ayala Corporation Jaime Zobel is chairman and CEO of Ayala Corporation, one of the most respected business groups in the Philippines. He is also chairman of the Bank of the Philippine Islands, Globe Telecom Inc., and Integrated Microelectronics Inc. and co vice chairman of Ayala Land Inc. and the Ayala Foundation Inc. Zobel is a member of various international and local business and sociocivic organizations, including the JPMorgan Chase International Council, the Mitsubishi Corporation International Advisory Committee, the Toshiba International Advisory Group, and the International Business Council of the World Economic Forum. He is also a member of the Harvard University Asia Center Advisory Committee, the board of trustees of the Asian Institute of Management, and a national council member of the World Wildlife Fund (U.S.). Zobel was chosen as one of the World Economic Forum Global Leaders for Tomorrow in 1995 and was a Ten Outstanding Young Men awardee in In 2006 he was named Management Man of the Year by the Management Association of the Philippines and received the prestigious HBS Alumni Achievement Award in Zobel earned his BA in economics, cum laude, from Harvard College in 1981 and his MBA from HBS in He is married and has four children. Carlos D. Labarthe Costas Co-CEO and Cofounder, Compartamos Banco Carlos Labarthe is co-ceo and cofounder of Compartamos Banco, a social enterprise firm in Mexico committed to providing adequate financial services to low-income entrepreneurs, creating social, economic, and human value. Compartamos Banco is one of the main institutions providing loans to rural women in Mexico, serving a customer base of over 940,000 clients through 300 branches in all regions of the country. In 2005 Compartamos Banco received an award for excellence in microfinance for regulated institutions, granted by the Inter-American Development Bank s microenterprise unit. Labarthe is chairman of the MicroFinance Network steering committee and for five years was a member of the executive committee of the Consultative Group to Assist the Poorest. Labarthe has a BS in industrial engineering from the Universidad Anáhuac and has studied business and microfinance at the Economics Institute (Boulder, Colorado), HBS, and IPADE (Mexico). S. Sivakumar Chief Executive, Agribusiness Division, ITC Ltd. S. Sivakumar is chief executive of the Agribusiness Division of ITC Ltd. (www.itcportal.com), one of India s foremost private-sector companies with a market capitalization of nearly US$20 billion and a turnover of over US$5 billion. ITC is known for its thought and action leadership in triple bottomline focus. Sivakumar spearheads ITC s famous echoupal initiative, a unique click-and-mortar channel that facilitates the two-way flow of goods and services in and out of villages. Servicing the production and consumption needs of some 4 million farmers in 38,000 villages, ITC s echoupal is the largest Internet-based intervention in rural India by a corporate entity. The initiative has won numerous awards, including the United Nations Development Programme World Business Award, the Stockholm Challenge Award, and the Development Gateway Award. After graduating from the Institute of Rural Management Anand (IRMA), Sivakumar served a farmers cooperative for six years before joining ITC in Yong Tao Chairman, Strategic Decision Resources Group (SDR) Yong Tao is chairman of the Strategic Decision Resources Group (SDR), dedicated to helping corporations operating in China to create world-class quality products and services. Before founding SDR, Tao had been managing director of Greater China for Navigant Consulting Inc. and vice president of the Strategic Decisions Group, responsible for the Asia-Pacific. In recent years, Tao has been leading SDR s focus on helping China s mobile phone developments. He is heading an initiative to expand coverage and increase the depth of microfinance in China, working with financial institutions, policymakers, and telecom operators. Tao is a frequent speaker at business forums and business schools. He holds a Ph.D. from Stanford University. Simpiwe Kenneth Tshabalala, AMP 174 (2008) Chief Executive, Standard Bank of South Africa Sim Tshabalala was named chief executive of the Standard Bank of South Africa and to the SBSA board in March Tshabalala has been with Standard since 2000, when he joined the then Standard Corporate and Merchant Bank as director of structured finance. He was appointed to the group executive committee (Exco) in 2001 and that October became managing director of Stanbic Africa. In November 2003 he moved to retail banking operations as deputy managing director of personal and business banking (PPB), South Africa; in August 2006 he was promoted to chief executive of PPB, South Africa. Born in South Africa, Tshabalala studied at Rhodes University, earning his bachelor of arts and bachelor of laws degrees. He received his master of laws from the University of Notre Dame and a higher diploma in taxation law from the University of Witwatersrand, Johannesburg. Before assuming his duties as chief executive in June 2008, Tshabalala attended the Advanced Management Program at HBS. Summit Report

Enterprise Risk Management

Enterprise Risk Management Enterprise Risk Management Moderator: Robert S. Kaplan, Baker Foundation Professor Panelists: James A. Colica, Senior Vice President of Global Risk Management, GE Capital Services M.D. Ranganath, Chief

More information

S P E A K E R B I O G R A P H I E S

S P E A K E R B I O G R A P H I E S Jamie Dimon, Chairman and Chief Executive Officer Jamie Dimon is Chairman of the Board and Chief Executive Officer of JPMorgan Chase & Co., a global financial services firm with assets of $2.6 trillion

More information

Sovereign Wealth Management

Sovereign Wealth Management Sovereign Wealth Management Moderators: Rawi E. Abdelal, Professor of Business Administration Richard H.K. Vietor, Senator John Heinz Professor of Environmental Management Panelists: Manish Kejriwal, Senior

More information

Faculty Biographies Sorted by Last Name

Faculty Biographies Sorted by Last Name Faculty Biographies Sorted by Last Name In addition to the speakers below, WBI is delighted that representatives from the following organizations are scheduled to present: (biographies will be provided)

More information

Audit committee forum*

Audit committee forum* Ashok Bakhru Chairman of the Board Goldman Sachs Group of Mutual Funds Ashok Bakhru is President of ABN Associates, a management and financial consulting firm working with mid-size firms. Ashok served

More information

INNOVATION AT THE BOTTOM OF THE PYRAMID BUSINESS INITIATIVES TO SPUR YOUR THINKING

INNOVATION AT THE BOTTOM OF THE PYRAMID BUSINESS INITIATIVES TO SPUR YOUR THINKING WOMEN S FORUM FOR THE ECONOMY AND SOCIETY INNOVATION AT THE BOTTOM OF THE PYRAMID BUSINESS INITIATIVES TO SPUR YOUR THINKING KEY FACTS BOP MARKET: 3.7 Billion people earning less than US$ 8 per day 1.1

More information

Master of Financial Management: Faculty Bios

Master of Financial Management: Faculty Bios Master of Financial Management: Faculty Bios Vikas Mehrotra A.F. (Chip) Collins Chair and Professor of Finance Department Chair, Finance and Statistical Analysis Vikas Mehrotra has been a faculty member

More information

Biography Panel Participants

Biography Panel Participants SFI Panel Discussion: India June 22, 2011 Biography Panel Participants Naina Lal Kidwai Head of HSBC of India and Member of the Board of Directors of Nestlé Naina Lal Kidwai is Executive Director on the

More information

Professor Michael Enright

Professor Michael Enright Professor Michael Enright PhD Harvard Recently called one of the world s reigning strategy gurus by the Academy of International Business, Professor Enright is a leading expert on competitiveness, regional

More information

Social Entrepreneurship and Innovation

Social Entrepreneurship and Innovation MBA Programme: Class 2013J Period 4 March 2013 FBL Social Entrepreneurship and Innovation Professor: Filipe Santos filipe.santos@insead.edu Office EAC 1.71; Ext 4538 Assistant: Isabelle Seyrig isabelle.seyrig@insead.edu

More information

The Texas district has done a particularly admirable job in the past year of reducing the volume of its criticized and high-risk assets.

The Texas district has done a particularly admirable job in the past year of reducing the volume of its criticized and high-risk assets. Remarks by The Honorable Jill Long Thompson Board Chair and CEO, Farm Credit Administration Annual Meeting of the Farm Credit Bank of Texas Point Clear, Alabama April 4, 2013 Good morning. Thank you for

More information

Hybrid Value Chains: Social Innovations and the Development of the Small- Farmer Irrigation Market in Mexico

Hybrid Value Chains: Social Innovations and the Development of the Small- Farmer Irrigation Market in Mexico Hybrid Value Chains: Social Innovations and the Development of the Small- Farmer Irrigation Market in Mexico Co-authors: Valeria Budinich, Kimberly Manno-Reott, Stephanie Schmidt Harvard Business School

More information

2012 RECIPIENT SINGAPORE AUSTRALIA EMINENT ALUMNI AWARD. Dr TAN Chin Nam

2012 RECIPIENT SINGAPORE AUSTRALIA EMINENT ALUMNI AWARD. Dr TAN Chin Nam 2012 RECIPIENT SINGAPORE AUSTRALIA EMINENT ALUMNI AWARD Dr TAN Chin Nam Chair of the Media Development Authority International Advisory Panel Dr TAN Chin Nam is one of Singapore s most distinguished public

More information

BAML Capital Access Funds Management, LLC Team

BAML Capital Access Funds Management, LLC Team The seasoned professionals at BAML Capital Access Funds Management, LLC (CAF) understand the longterm strategies required to invest successfully in private equity, and the special needs of our investors.

More information

The Samuelson Company LLC 210 Interstate North Parkway, Suite 150 Atlanta, Georgia 30339

The Samuelson Company LLC 210 Interstate North Parkway, Suite 150 Atlanta, Georgia 30339 Larry R. Samuelson The Samuelson Company LLC 210 Interstate North Parkway, Suite 150 Atlanta, Georgia 30339 Profile LARRY R. SAMUELSON Executive Coach and Trusted Advisor Mid-Market Business and Leadership

More information

2015 Real Estate Industry Update A landscape for change: Transforming for the future

2015 Real Estate Industry Update A landscape for change: Transforming for the future 2015 Real Estate Industry Update A landscape for change: Transforming for the future October 20, 2015 Welcome Welcome to Deloitte s 2015 real estate industry update The real estate industry has been on

More information

Mining Big Data to Find New Markets

Mining Big Data to Find New Markets Mining Big Data to Find New Markets featuring Manish Goyal and Homayoun Hatami Sponsored by WEBINARS Mining Big Data to Find New Markets OVERVIEW Even though companies today have limited resources, they

More information

COMPANY INTRODUCTION 1

COMPANY INTRODUCTION 1 COMPANY INTRODUCTION 1 ABOUT US Forum Capital capital is an independent investment banking firm specialized in supporting growth opportunities in Poland and Ukraine. We seek out exceptional opportunities

More information

INCORPORATING SMALL PRODUCERS INTO FORMAL RETAIL SUPPLY CHAINS SOURCING READINESS CHECKLIST 2016

INCORPORATING SMALL PRODUCERS INTO FORMAL RETAIL SUPPLY CHAINS SOURCING READINESS CHECKLIST 2016 INCORPORATING SMALL PRODUCERS INTO FORMAL RETAIL SUPPLY CHAINS SOURCING READINESS CHECKLIST 2016 LSteinfield/Bentley University Authors: Ted London Linda Scott Colm Fay This report was produced with the

More information

W. P. CAREY MBA CHINA. global connectivity

W. P. CAREY MBA CHINA. global connectivity W. P. CAREY MBA CHINA global connectivity the first partnership between a U.S. business school and the Chinese government on Chinese soil The Washington Post, Nov. 28, 2003 Global Influence for Global

More information

How Tsinghua Manages its Companies

How Tsinghua Manages its Companies DO NOT CITE, QUOTE, COPY OR CIRCULATE J Song 1 How Tsinghua Manages its Companies Dr. Jun Song President, Tsinghua Holdings Co. Ltd. Tsinghua University, Beijing 100084, P. R. China Tel: 86-10-62782279,

More information

Microfinance in the Modern World. Janell MacDonald. University of Prince Edward Island

Microfinance in the Modern World. Janell MacDonald. University of Prince Edward Island Microfinance in the Modern World 1 Running Head: Microfinance in the Modern World Microfinance in the Modern World Janell MacDonald University of Prince Edward Island Microfinance in the Modern World 2

More information

SUPPORTING BUSINESS AS A FORCE FOR GOOD

SUPPORTING BUSINESS AS A FORCE FOR GOOD REAL WORLD. REAL LEARNING IMD SOCIAL RESPONSIBILITY SCHOLARSHIP SUPPORTING BUSINESS AS A FORCE FOR GOOD In offering such a scholarship, IMD is being exemplary. IMD doesn t just preach about making a difference

More information

Outsourcing EntEring a new phase R. Nagesh.

Outsourcing EntEring a new phase R. Nagesh. 26 Entering a Outsourcing new phase The Indian outsourcing sector continues to expand at a steady pace as Indian ITeS players seek out new geographies, besides acquiring international firms. A report by

More information

John Amore CEO General Insurance Zurich Financial Services

John Amore CEO General Insurance Zurich Financial Services John Amore CEO General Insurance John Amore is a member of the Group Executive Committee and CEO of General Insurance for (Zurich). Mr. Amore joined Zurich in 1992. Before being named CEO of Zurich US

More information

NESsT Glossary of Terms

NESsT Glossary of Terms NESsT Glossary of Terms Base of the Pyramid (BoP): The World Resources Institute defines the base of the economic pyramid (BoP) as those with annual incomes below USD 3,000 in local purchasing power approximately

More information

smith EMBA just like you steady driven Determined Motivated confident Ambitious

smith EMBA just like you steady driven Determined Motivated confident Ambitious University of Maryland Robert H. Smith School of Business Executive MBA Smart ready Experienced Successful just like you steady Determined confident Motivated smith Ambitious driven EMBA Our students and

More information

K. Gunnar Bjorklund Managing Director 415.249.4902 gunnar@sverica.com

K. Gunnar Bjorklund Managing Director 415.249.4902 gunnar@sverica.com K. Gunnar Bjorklund 415.249.4902 gunnar@sverica.com Mr. Bjorklund is a co-founder of Sverica International and is based in the San Francisco office. He serves on the board of several of Sverica s portfolio

More information

LNC provides its partners with flexible capital solutions and the strategic support to drive value creation for all stakeholders

LNC provides its partners with flexible capital solutions and the strategic support to drive value creation for all stakeholders LNC provides its partners with flexible capital solutions and the strategic support to drive value creation for all stakeholders LNC Partners is a Northern Virginia based investment firm with over $235

More information

To address the wide-ranging challenges facing the United States, collaboration

To address the wide-ranging challenges facing the United States, collaboration Community Development INVESTMENT REVIEW 63 Social Impact Bonds: Using Impact Investment to Expand Effective Social Programs Luther Ragin, Jr.* Global Impact Investing Network Tracy Palandjian Social Finance,

More information

OFFSHORE INVESTMENT U.S. INTERNATIONAL TAX PLANNING AN ASIAN PERSPECTIVE. June 9th and 10th, 2010 SHANGHAI

OFFSHORE INVESTMENT U.S. INTERNATIONAL TAX PLANNING AN ASIAN PERSPECTIVE. June 9th and 10th, 2010 SHANGHAI OFFSHORE INVESTMENT U.S. INTERNATIONAL TAX PLANNING AN ASIAN PERSPECTIVE June 9th and 10th, 2010 SHANGHAI Harriet Leung hleung@rowbotham.com Brian br@rowbotham.com & Company LLP 101 Second Street, Suite

More information

Names, Addresses and Experience of Directors and Officers

Names, Addresses and Experience of Directors and Officers Page 1 Names, Addresses and Experience of Directors and Officers Woodbury Casino, LLC is wholly owned by Caesars Growth Partners. Caesars Acquisition Company is the managing member of Caesars Growth Partners.

More information

Sustainable Food Economy: Enabling Growth in the Organic Food Sector

Sustainable Food Economy: Enabling Growth in the Organic Food Sector Overview Sustainable Food Economy: Enabling Growth in the Organic Food Sector A Project of Gary Hirshberg, Hampshire College, JPMorgan Chase & Co., and a Corporate Partner Conscious consumerism is now

More information

Fast Starter By Shelly Garcia

Fast Starter By Shelly Garcia San Fernando Valley Business Journal August 1, 2005 Fast Starter By Shelly Garcia When it opened in May, California United Bank held the distinction of being the largest publicly-held state-chartered bank

More information

Biographies OAS POLICY ROUNDTABLE: Scholars, Policymakers and International Affairs: Finding Common Cause

Biographies OAS POLICY ROUNDTABLE: Scholars, Policymakers and International Affairs: Finding Common Cause Biographies OAS POLICY ROUNDTABLE: Scholars, Policymakers and International Affairs: Finding Common Cause Thursday, November 6 th, 2014 Hall of the Americas, Organization of American States 17 th Street

More information

EXECUTIVE M BA P ROGRAM

EXECUTIVE M BA P ROGRAM EXECUTIVE M BA P ROGRAM At the SMU Cox Executive MBA program, we have been focused on quality in our students, faculty, staff, curriculum and relationships since 1976. The Cox Executive MBA program is

More information

Hybrid Models for Social Enterprises. Jill Kickul, PhD Director, Stern Program in Social Entrepreneurship

Hybrid Models for Social Enterprises. Jill Kickul, PhD Director, Stern Program in Social Entrepreneurship Hybrid Models for Social Enterprises Jill Kickul, PhD Director, Stern Program in Social Entrepreneurship Jed Emerson, Blendedvalue.org There is an idea that values are divided between the financial and

More information

Argyle Conversations. Successful Marketing in the Digital Age. by Argyle Executive Forum SM

Argyle Conversations. Successful Marketing in the Digital Age. by Argyle Executive Forum SM Argyle Conversations by Argyle Executive Forum SM Successful Marketing in the Digital Age Jenna Fiorito, Vice President of Acquisition Marketing for Time Warner Cable, and Annette Green, VP of Communications,

More information

A Real Estate Investment Company. Real Estate Agent Partnership Guide ARCANE PROPERTIES 716 800 1414 BOB@ARCANEPROPERTIES.NET 1

A Real Estate Investment Company. Real Estate Agent Partnership Guide ARCANE PROPERTIES 716 800 1414 BOB@ARCANEPROPERTIES.NET 1 A Real Estate Investment Company Real Estate Agent Partnership Guide ARCANE PROPERTIES 716 800 1414 BOB@ARCANEPROPERTIES.NET 1 Who Are We? Arcane Properties is a full service real estate solutions firm

More information

SOCIAL IMPACT INVESTING

SOCIAL IMPACT INVESTING SOCIAL IMPACT INVESTING Luke Fletcher Bates Wells and Braithwaite Type: Legal guide Published: August 2012 Last Updated: August 2012 Keywords: Impact investing; responsible business; finance; This document

More information

SENIOR MANAGEMENT PROFILES

SENIOR MANAGEMENT PROFILES SENIOR MANAGEMENT PROFILES John M. Larson - Chairman of the Board, President and Chief Executive Officer John M. Larson is Chairman, President and Chief Executive Officer of Career Education Corporation

More information

Impact Investing and Nonprofits: Opportunities, Innovative Structures, and Creative New Ways to Raise Funds and Further Your Mission

Impact Investing and Nonprofits: Opportunities, Innovative Structures, and Creative New Ways to Raise Funds and Further Your Mission Impact Investing and Nonprofits: Opportunities, Innovative Structures, and Creative New Ways to Raise Funds and Further Your Mission Co-sponsored by Venable LLP and InsideNGO Thursday, January 14, 2016,

More information

Kathie De Chirico, Leadership Specialist. Inspirational, Motivational, and Empowering

Kathie De Chirico, Leadership Specialist. Inspirational, Motivational, and Empowering Kathie De Chirico, Leadership Specialist Inspirational, Motivational, and Empowering Kathie De Chirico, Leadership Specialist Contents Bio 2 Speaking Engagements and Media Relations 4 Feedback 7 Keynotes

More information

VENTURE CAPITAL: DRIVING DEVELOPMENT IN LATIN AMERICA

VENTURE CAPITAL: DRIVING DEVELOPMENT IN LATIN AMERICA VENTURE CAPITAL: DRIVING DEVELOPMENT IN LATIN AMERICA Multilateral Investment Fund Member of the IDB Group SUMMARY Venture Capital (VC) in Latin America is still in its inception but has enormous potential.

More information

The Board of the Company believes that Dr Lim and Dr Seah s experience and expertise will bring operational and strategic value.

The Board of the Company believes that Dr Lim and Dr Seah s experience and expertise will bring operational and strategic value. Press release COL Capital Limited to be renamed as China Medical & HealthCare Group Limited, with New Leadership Team, New Strategic Partner, and New Funds * * * * Dr Lim Cheok Peng and Dr Jonathan Seah,

More information

Allianz Reducing the risks of the poor through microinsurance

Allianz Reducing the risks of the poor through microinsurance DEDICATED TO MAKING A DIFFERENCE World Business Council for Sustainable Development Case Study 2009 Allianz Reducing the risks of the poor through microinsurance The business case The Allianz Group has

More information

Keith Banks President U.S. Trust, Bank of America Private Wealth Management

Keith Banks President U.S. Trust, Bank of America Private Wealth Management Keith Banks President KEITH BANKS is president of, which provides integrated investment, trust, banking and lending services to wealthy and ultra-wealthy clients. He also oversees Global Wealth & Investment

More information

IR Leadership Mastering Trust, Integrity & Credibility Speaker Biographies (In Order of Appearance)

IR Leadership Mastering Trust, Integrity & Credibility Speaker Biographies (In Order of Appearance) IR Leadership Mastering Trust, Integrity & Credibility Speaker Biographies (In Order of Appearance) Ben Boyd, President, Practices, Sectors & Offerings, Edelman Ben Boyd has worked in corporate communications

More information

"#$%&'!('#)*%+,')!,,,-!./001234!5!$6457!8539!.5:2;57?@;?>6!

#$%&'!('#)*%+,')!,,,-!./001234!5!$6457!8539!.5:2;57<! =;>?@;?>6! "#$%&'(%*+,%-. /01'23"'03(4%25.+06'6%2% 0.07$.5/3#+338'0 3$%02/3/.0'63.%89#$/6 23$+&3+$'%238'0''62.538'.$-%0/:%3/.0&8%0-'6 "#$%&'('#*%+,',,,-./0012345$64578539.5:2;57< =;>?@;?>6 C/0;0@0?>;61G0H;/6"?7540(0?395;203

More information

Statement of problem. Why microfinance?

Statement of problem. Why microfinance? WANT IMPACT? BUILD MARKET-RELEVANT MICROLENDERS Joyce Klein, Director of the Aspen Institute Microenterprise Fund for Innovation, Effectiveness, Learning and Dissemination The Aspen Institute Microenterprise

More information

ADENIA AND THE AFRICAN GROWTH AGENDA

ADENIA AND THE AFRICAN GROWTH AGENDA ADENIA AND THE AFRICAN GROWTH AGENDA JUNE 2016 1 EIB Support to Adenia Fund Period Total Committed Capital EIB Committed Capital Adenia Capital 2003 2015 10 million 2 million Adenia Capital (II) 2007 37.2

More information

CONFERENCE ON CORPORATE GOVERNANCE AND INSTITUTIONS

CONFERENCE ON CORPORATE GOVERNANCE AND INSTITUTIONS CONFERENCE ON CORPORATE GOVERNANCE AND INSTITUTIONS 17 18 December 2009 NUSS Kent Ridge Guild House, National University of Singapore Registration Info: Please visit www.cgfrc.nus.edu.sg Organised By:

More information

Executive Program for Social Impact Strategy

Executive Program for Social Impact Strategy Executive Program for Social Impact Strategy INFORMATION PACKET May Cohort 2015 PA 19104-6214 The Executive Program in Social Impact Strategy is a new program offered by the Center of Social Impact Strategy

More information

SCHOOL OF MANAGEMENT STRATEGIC PLAN (2005-2010)

SCHOOL OF MANAGEMENT STRATEGIC PLAN (2005-2010) SCHOOL OF MANAGEMENT STRATEGIC PLAN (2005-2010) I. MISSION Our aim is to create a model business school by delivering excellent education and conducting innovative research addressing important problems

More information

SKK GSB Now. Invitation to a World-class MBA Program in Korea. Presented by

SKK GSB Now. Invitation to a World-class MBA Program in Korea. Presented by SKK GSB Now Invitation to a World-class MBA Program in Korea Presented by Contents 1. Who are we 2. Mission 3. Major features of the program 4. Admission 5. Contact Information 1. Who are we SKK Graduate

More information

MENDOZA COLLEGE OF BUSINESS

MENDOZA COLLEGE OF BUSINESS MENDOZA COLLEGE OF BUSINESS Nonprofit Executive Development AN EXECUTIVE PROGRAM FOR CATHOLIC LEADERSHIP Access to Capital and Credit May 12-13, 2015 OMNI Atlanta Hotel 100 CNN Center Atlanta, GA Sponsored

More information

New Normal Consulting, LLC. Introducing New Normal Consulting

New Normal Consulting, LLC. Introducing New Normal Consulting New Normal Consulting, LLC Introducing New Normal Consulting We are a new consulting agency serving the greater outdoor recreation industry. New Normal Consulting launched to support brands and organizations

More information

Remarks As Prepared for Delivery by Jonathan Adelstein NARUC Annual Meeting Atlanta, GA

Remarks As Prepared for Delivery by Jonathan Adelstein NARUC Annual Meeting Atlanta, GA Remarks As Prepared for Delivery by Jonathan Adelstein NARUC Annual Meeting Atlanta, GA Good morning. And thanks, President Coen, for that introduction! It is great to back with all of you at NARUC s Annual

More information

Social Impact Course Offerings and Career Paths. October 2007

Social Impact Course Offerings and Career Paths. October 2007 Social Impact Course Offerings and Career Paths October 2007 CONTENTS INTRODUCTION...2 POTENTIAL CAREER PATHS...3 OVERVIEW OF COURSE OFFERINGS...4 COURSE DESCRIPTIONS...5 FACULTY AND RESOURCES...11 1 INTRODUCTION

More information

OFFICE OF STATE TREASURER DENISE L. NAPPIER NEWS

OFFICE OF STATE TREASURER DENISE L. NAPPIER NEWS OFFICE OF STATE TREASURER DENISE L. NAPPIER NEWS FOR IMMEDIATE RELEASE Monday, October 22, 2001 STATEWIDE FINANCIAL EDUCATION INITIATIVE LAUNCHED BY STATE TREASURER, FLEET BANK, NATIONAL SELF-HELP INVESTMENT

More information

Leading $700 Million Denver, CO- Based Wealth Management Team, Cardan Capital Partners, Launches as an Independent Advisory Firm

Leading $700 Million Denver, CO- Based Wealth Management Team, Cardan Capital Partners, Launches as an Independent Advisory Firm Media Contact sallycates@dynastyfinancialpartners.com 212-373- 1000 Leading $700 Million Denver, CO- Based Wealth Management Team, Cardan Capital Partners, Launches as an Independent Advisory Firm NEW

More information

ABN AMRO / Real Microcredito Self-sustaining micro-finance programs to help Brazil s poor

ABN AMRO / Real Microcredito Self-sustaining micro-finance programs to help Brazil s poor DEDICATED TO MAKING A DIFFERENCE World Business Council for Sustainable Development Case study 2004 This version of the Real Microcredito case study is based on the full business school case prepared by

More information

ING SMARTER PLANET PERSPECTIVES. Cloud Computing: Insights from the Enterprise

ING SMARTER PLANET PERSPECTIVES. Cloud Computing: Insights from the Enterprise SMARTER PLANET PERSPECTIVES Cloud Computing: Insights from the Enterprise ING Why did ING need a cloud solution? ING is a global financial services company offering banking, insurance and asset-management

More information

THE MULTILATERAL INVESTMENT FUND DEPLOYING VALUE CHAINS FOR DEVELOPMENT. Nancy Lee General Manager MULTILATERAL INVESTMENT FUND

THE MULTILATERAL INVESTMENT FUND DEPLOYING VALUE CHAINS FOR DEVELOPMENT. Nancy Lee General Manager MULTILATERAL INVESTMENT FUND THE MULTILATERAL INVESTMENT FUND DEPLOYING VALUE CHAINS FOR DEVELOPMENT Nancy Lee General Manager MULTILATERAL INVESTMENT FUND 2. TABLE OF CONTENTS Introduction to the Multilateral Investment Fund Evolution

More information

GLOCALIZATION OF AMERICAN HIGHER EDUCATION: AMERICAN UNIVERSITIES IN A GLOBAL LOCAL DIMENSION.. By: Dr. Anthony A. Koyzis University of Nicosia

GLOCALIZATION OF AMERICAN HIGHER EDUCATION: AMERICAN UNIVERSITIES IN A GLOBAL LOCAL DIMENSION.. By: Dr. Anthony A. Koyzis University of Nicosia GLOCALIZATION OF AMERICAN HIGHER EDUCATION: AMERICAN UNIVERSITIES IN A GLOBAL LOCAL DIMENSION.. By: Dr. Anthony A. Koyzis University of Nicosia THE GLOBAL BRAIN RACE Ben Wildavsky s The Global Brain Race

More information

Ron LeMay Chairman and CEO

Ron LeMay Chairman and CEO Ron LeMay Chairman and CEO As the Chairman and Chief Executive Officer of FarmLink, Ron provides more than the strategic direction for the agriculture technology company, he also provides the inspiration.

More information

Asset Management Industry Trends A Discussion of What Lies Ahead

Asset Management Industry Trends A Discussion of What Lies Ahead Asset Management Industry Trends A Discussion of What Lies Ahead IDC Webinar January 21, 2015 2:00 3:00 pm ET Panelists Ralph F. Verni, Moderator Independent Director Eaton Vance Funds Joseph Craven U.S.

More information

Expert advice on business opportunities in Cuba

Expert advice on business opportunities in Cuba CUBA Answers Expert advice on business opportunities in Cuba 10:00 a.m. Thursday, April 30, 2015 Price Lake Room Plemmons Student Union Appalachian State University CUBA ANSWERS 10:00 a.m. Welcome Heather

More information

FINANCIAL SERVICES TEAM

FINANCIAL SERVICES TEAM FINANCIAL SERVICES TEAM William Spiegel Managing Director, Head of Financial Services Mr. Spiegel is a founding partner and a managing director responsible for managing Pine Brook s financial services

More information

Quantitative Investing

Quantitative Investing Moderator Larry Pohlman Director of Research and Co CIO I ALR Quantitative Research and Investment Management Mr. Pohlman was the Chief Investment Officer at BNP Paribas Quantitative Strategies. His team

More information

How to Launch a Startup Videoconference-Training Program. February 12, 2013

How to Launch a Startup Videoconference-Training Program. February 12, 2013 How to Launch a Startup Videoconference-Training Program February 12, 2013 Trade Representation of the Russian Federation in the United States of America with the support of Ministry of Economic Development

More information

Testimony of. Mr. Douglas Kinkoph Associate Administrator

Testimony of. Mr. Douglas Kinkoph Associate Administrator Testimony of Mr. Douglas Kinkoph Associate Administrator Office of Telecommunications and Information Applications National Telecommunications and Information Administration United States Department of

More information

Shared Value: Creating Competitive Advantage

Shared Value: Creating Competitive Advantage Shared Value: Creating Competitive Advantage 9 SEPTEMBER 2015 FSG 1 Business can engage with society in three ways Corporate Philanthropy Corporate Responsibility Shared Value Giving Back Business must

More information

Online Master of Business Administration (MBA)

Online Master of Business Administration (MBA) Online Master of Business Administration (MBA) Dear Prospective Student, Thank you for contacting the University of Maryland s Robert H. Smith School of Business. By requesting this brochure you ve taken

More information

Groupware and Avnet: A Decade of Accelerated Success

Groupware and Avnet: A Decade of Accelerated Success and Avnet: A Decade of Accelerated Success OBJECTIVE Help Technology, Inc. successfully grow their business. SOLUTIONS Avnet Partner Program Converged Infrastructure Cloud SERVICES Partner Advocacy Credit/Finance

More information

David Finley Managing Director 617.695.0201 dave@sverica.com

David Finley Managing Director 617.695.0201 dave@sverica.com David Finley Managing Director 617.695.0201 dave@sverica.com Mr. Finley is a Managing Director in Sverica's Boston office, having joined the firm in October 2006. Mr. Finley leads Sverica s investments

More information

Online Master of Business Administration (MBA)

Online Master of Business Administration (MBA) Online Master of Business Administration (MBA) Dear Prospective Student, Thank you for contacting the University of Maryland s Robert H. Smith School of Business. By requesting this brochure you ve taken

More information

Entrepreneurial Leadership in Organizations

Entrepreneurial Leadership in Organizations Entrepreneurial Leadership in Organizations Identify. Create. Lead. Manage. Presented by The Archos Group LLC and the Office of Continuing Education at William Jewell College Entrepreneurial Leadership

More information

Over 60,000 people helping customers manage risk in more than 170 countries.

Over 60,000 people helping customers manage risk in more than 170 countries. Zurich at a Glance Over 60,000 people helping customers manage risk in more than 170 countries. Zurich at a Glance 1 Since 1872 We ve been in the business of insurance. Reaching out from our home market

More information

Driving an Upswing in a Downturn at PolyOne. High Performance through Business Transformation

Driving an Upswing in a Downturn at PolyOne. High Performance through Business Transformation Driving an Upswing in a Downturn at PolyOne High Performance through Business Transformation PolyOne Corporation is a premier global provider of specialized polymer materials, tailored services and end-to-end

More information

EXECUTIVE MBA PROGRAM

EXECUTIVE MBA PROGRAM EXECUTIVE MBA PROGRAM INTERNATIONAL EXECUTIVE MASTER OF BUSINESS ADMINISTRATION #1 EMBA GLOBALLY FOR CAREER PROGRESS 2012, 2013, 2014, 2015 THE FINANCIAL TIMES EMBA RANKING BENEFITS FOR YOUR CAREER EMBA

More information

SENIOR MANAGEMENT BIOGRAPHIES

SENIOR MANAGEMENT BIOGRAPHIES SENIOR MANAGEMENT BIOGRAPHIES Jamie Dimon, Chairman and Chief Executive Officer Jamie Dimon is the Chairman of the Board and Chief Executive Officer of JPMorgan Chase & Co. Dimon became Chairman of the

More information

GIVING INVESTMENT BANKING A SOCIAL TWIST

GIVING INVESTMENT BANKING A SOCIAL TWIST GIVING INVESTMENT BANKING A SOCIAL TWIST With Mr. Abhijit Ray, Co-Founder & Director, Unitus Capital Executive Summary Despite the growth in the Indian economy and sustained government efforts to reduce

More information

SUSAN JI. College of Business and Public Administration Office: (708) 235-7642. APPOINTMENTS Associate Professor of Finance

SUSAN JI. College of Business and Public Administration Office: (708) 235-7642. APPOINTMENTS Associate Professor of Finance SUSAN JI College of Business and Public Administration Office: (708) 235-7642 Governors State University Email: sji@govst.edu University Park, IL 60484 xiuqing.ji9@gmail.com APPOINTMENTS Associate Professor

More information

Faculty Development in International Entrepreneurship (FDIE) June 2-5, 2008 Denver, Colorado

Faculty Development in International Entrepreneurship (FDIE) June 2-5, 2008 Denver, Colorado Faculty Development in International Entrepreneurship (FDIE) June 2-5, 2008 Denver, Colorado Sponsored by the U.S. Department of Education and the Center for International Business Education and Research

More information

SOCIALLY RESPONSIBLE INVESTING in the United States

SOCIALLY RESPONSIBLE INVESTING in the United States SOCIALLY RESPONSIBLE INVESTING in the United States Steven J. Schueth President, First Affirmative Financial Network, LLC All investing is future-oriented; socially and environmentally responsible investing

More information

JEDDAH, KSA NOVEMBER 29 - DECEMBER 03

JEDDAH, KSA NOVEMBER 29 - DECEMBER 03 NOVEMBER 29 - DECEMBER 03 JEDDAH, KSA Time: 09.00h 17.00h Location: Program language: Expert consultant: University of Business & Technology Continuing Education Center King Road Tower 2701, 27th Floor

More information

Mitsubishi Electric Announces Consolidated and Non-consolidated Financial Results for Fiscal 2016

Mitsubishi Electric Announces Consolidated and Non-consolidated Financial Results for Fiscal 2016 MITSUBISHI ELECTRIC CORPORATION PUBLIC RELATIONS DIVISION 7-3, Marunouchi 2-chome, Chiyoda-ku, Tokyo, 100-8310 Japan FOR IMMEDIATE RELEASE No. 3023 Investor Relations Inquiries Investor Relations Group,

More information

OUR SPONSORS. South Florida Hedge Funds 2011 Industry Outlook. The Miami Finance Forum. Presents A Panel Discussion on.

OUR SPONSORS. South Florida Hedge Funds 2011 Industry Outlook. The Miami Finance Forum. Presents A Panel Discussion on. OUR SPONSORS The Miami Finance Forum Presents A Panel Discussion on South Florida Hedge Funds 2011 Industry Outlook Our Panelists: About the Miami Finance Forum The Miami Finance Forum is a non-for-profit

More information

Private Healthcare. How To Apply For IFC Financing About IFC CREATING OPPORTUNITY IN EMERGING MARKETS

Private Healthcare. How To Apply For IFC Financing About IFC CREATING OPPORTUNITY IN EMERGING MARKETS How To Apply For IFC Financing About IFC A company or entrepreneur seeking to establish a new health project or expand an IFC, a member of the World Bank Group, is the largest global development existing

More information

NANCY H. KAUFMAN Professor of Law Saint Louis University School of Law

NANCY H. KAUFMAN Professor of Law Saint Louis University School of Law NANCY H. KAUFMAN Professor of Law Saint Louis University School of Law 3700 Lindell Blvd. Voice: (314) 977-2794 St. Louis, MO 63108 FAX: (314) 977-3332 Mobile: (314) 363-3280 E-mail: kaufman@slu.edu PROFESSIONAL

More information

Supporting Income Generation Programs

Supporting Income Generation Programs Supporting Income Generation Programs From Program Priorities and Operations in Foundation Building Sourcebook: A practitioners guide based upon experience from Africa, Asia, and Latin America A. Scott

More information

EQUIPPING FOR IMPACT The Campaign for CBU s College of Engineering

EQUIPPING FOR IMPACT The Campaign for CBU s College of Engineering EQUIPPING FOR IMPACT The Campaign for CBU s College of Engineering Gordon and Jill Bourns COLLEGE OF ENGINEERING growth in enrollment and degrees offered Campaign HIGHLIGHTS... Start Campaign $5.5M Gift

More information

Perspectives on Venture Capital and Fixed Income Markets. ChileGlobal Seminar September 26, 2007

Perspectives on Venture Capital and Fixed Income Markets. ChileGlobal Seminar September 26, 2007 Perspectives on Venture Capital and Fixed Income Markets ChileGlobal Seminar September 26, 2007 Today s Discussion: Three Significant Forces for National Economic Growth Venture Capital Fixed Income Markets

More information

Working Capital Loans for Energy Access Enterprises. Madhavi Potay, Sr. Manager, Maanaveeya Manila, 7 th June 2016

Working Capital Loans for Energy Access Enterprises. Madhavi Potay, Sr. Manager, Maanaveeya Manila, 7 th June 2016 Working Capital Loans for Energy Access Enterprises Madhavi Potay, Sr. Manager, Maanaveeya Manila, 7 th June 2016 Content About Us Working Capital Financing ABD, Maanaveeya Partership Current status &

More information

The Next 4 Billion Market size and business strategy at the base of the pyramid

The Next 4 Billion Market size and business strategy at the base of the pyramid The Next 4 Billion Market size and business strategy at the base of the pyramid Four billion low-income people, a majority of the world s population, constitute the base of the economic pyramid. New empirical

More information

Program Support and Quality Assurance Smooth HR Outsourcing Consolidation

Program Support and Quality Assurance Smooth HR Outsourcing Consolidation Case Study Series Program Support and Quality Assurance Smooth HR Outsourcing Consolidation Case Study: CA Technologies 2014 Case Study Series 1 Chazey was engaged to provide a neutral perspective and

More information

Implementing Corporate Social Responsibility in Health Sector

Implementing Corporate Social Responsibility in Health Sector Student Research Projects/Outputs No. 003 Implementing Corporate Social Responsibility in Health Sector Sam Lee MBA 2005 China Europe International Business School 699, Hong Feng Road Pudong, Shanghai

More information

Now, I will turn the conference over to the CEO, Mr. Carbonari, who will begin the presentation. Mr. Carbonari, you may begin your conference.

Now, I will turn the conference over to the CEO, Mr. Carbonari, who will begin the presentation. Mr. Carbonari, you may begin your conference. Operator: Good morning, ladies and gentlemen. At this time we would like to welcome everyone to Anhanguera Educacional s 1Q07 results conference call. Today with us we have Mr. Antonio Carbonari, CEO;

More information