Brazil to lead the BRIC economies in 2009

Let me start 2009 with a prediction - Brazil will lead the global emerging markets out of the current doldrums to be the top performing emerging market in 2009. Firstly, let's not forget that Brazilians have known terrible times. Military dictatorship and economic stagnation are recent memories for even the most prosperous, and there are still tens of millions of Brazilians who live on less than $1 a day. The horrible handling of money affairs put Brazil under the microscope of the International Monetary Fund who, in order to ensure repayment of loans issued by the World Bank, sent experts to Brazil, imposed austerity in public spending, tackled inflation by limiting wage increases, and confronted labour unions and non-governmental organisations.

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The Future of Social Enterprise

This paper considers the confluence of forces that is shaping the field of social enterprise, changing the way that funders, practitioners, scholars, and organizations measure performance. The authors trace a growing pool of potential funding sources to solve social problems, much of it stemming from an intergenerational transfer of wealth and new wealth from financial and high-tech entrepreneurs. They further examine how these organizations can best access the untapped resources by demonstrating mission performance, and then propose three potential scenarios, outlined below, for how this sector might evolve.

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Peer Effects and Entrepreneurship

How do your coworkers affect your decision to become an entrepreneur? The vast majority of entrepreneurs launch their new ventures following a period of employment in established organizations. To date, factors such as the degree of bureaucracy that individuals have experienced have been shown to shape their likelihood to go into business for themselves. But socialization matters, too

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How Female Stars Succeed in New Jobs

If a successful analyst is hired by another organization, chances are both his work performance and the market value of his new company will not reap the expected benefits; they might even lose altitude. So discovered HBS professor Boris Groysberg and colleagues Ashish Nanda and Nitin Nohria, who detailed their results four years ago in the Harvard Business Review article, "The Risky Business of Hiring Stars." Since launching his research into the war for talent, however, Groysberg has started to notice something quite different about the career paths of successful analysts who were female. Star women, he found, maintained their shine even after switching companies. Unlike their male peers, they thrived in new work environments. Why the difference?

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Harvard Business School Discusses Future of the MBA

For the school that so boldly launched the MBA 100 years ago and went on to become the bluest of blue-chip brands in business education, it seemed only fitting that Harvard Business School should mark its centennial year by examining the future of the degree it invented. "It was our view that you need to think critically about what you are doing every 100 years or so, whether you need to or not," Dean Jay Light wryly observed in opening remarks to an unprecedented campus gathering last March of business school deans, corporate recruiters, and executives. It was a welcome moment of levity given the seriousness of the topic at hand. Some of the schools represented had already implemented major MBA program reforms. Others were considering them. But everyone had one thing in common: Each had assisted HBS professors Srikant Datar and David Garvin in their painstaking research to render the most complete contemporary picture of MBA education.

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