3. On “the necessary constant”
There is a necessary constancy we get from our loving God. It is necessary because the vicissitudes of our lives are too much for our fragile hearts to bear. One day we’re up, the next day we’re down. One day we’re happy, the next day we’re sad. One day we’re sinners, the next day we’re saints. This is normal. It is human. This is us. But in the middle of our travails and triumphs, He remains. In our many joys and sorrows, He maintains. In our strength and in our weakness, He sustains.
The Indomie Noodle Podcast: From a pack of noodles to a billion dollars
Deepak Singhal explains how Tolaram assessed the Nigerian market for their instant noodle product. Since inception when most Nigerians didn’t eat noodles to now, the company has grown into an industrial behemoth. They operate 13 manufacturing plants, employ more than 8,500 people, and pay tens of millions of dollars to the Nigerian government in taxes. Their product? A 20 cent pack of noodles. Listen to the podcast here.
How can we design and implement more successful foreign aid programs
The foreign aid industry is a multi-hundred billion dollar year industry. Yet too many programs fail to deliver on their promise of economic development for recipient nations. In my latest piece, I take a page from Taiwan’s development and explain how understanding local capabilities and designing programs accordingly can help us design better programs. Check out the piece here. https://goo.gl/cEsDZH
3 things HBS Professor Clayton Christensen has taught me about innovation and economic development.
Over the past few years I have had the privilege of learning from and being mentored by one of the greatest management thinkers in the world. After graduating from Harvard Business School in 2015, I decided to stick around with the professor to do research on innovation, development, and poverty. What we found will be published in our upcoming book, The Prosperity Paradox: How innovation lifts nations out of poverty.
Exports matter, but innovation matters more.
Exports are often seen as a solution to the problem of sustained economic development, and indeed they can be. The East Asian Tigers — Singapore, Hong Kong, Taiwan, and South Korea — are perhaps the most commonly cited nations that have risen from poverty to prosperity primarily through exports. Yet…
Why innovation must be the new development strategy
“What we measure informs what we do. And if we’re measuring the wrong thing, we’re going to do the wrong thing.” — Joseph Stiglitz, Nobel Prize Winner in Economics, 2001 There is no shortage of ideas and strategies that will lead a country from poverty to economic prosperity. From strategies…
Our hopes and dreams for Global Prosperity at the Christensen Institute: Will you join us?
I spent the first 16 years of my life in Nigeria before moving to the United States for college. As such, I was exposed to such debilitating poverty that seeing women and children walk miles to fetch a bucket of water was normal, and hearing that people lost loved ones…