Formalization is no panacea for micro-entrepreneurs, a liminal space is necessary for growth
Yesterday, my bank sent back a client’s payment though I’d presented the invoice and other paperwork. I’m a registered micro-business in the highly formal economy of Finland, and the bank I’ve been with since 2009 has upped their internal regulations after a spate of bad publicity surrounding the Panama papers. I’ve been caught in the […]
My African Twitter: Social Media and Its Role in the Emergence of African Economies
Social Media Day 2015 is as good a day as any to finally get around to completing this post I’ve been meaning to write for almost half a year now. It is based on my personal experience and observations, supported by a few relevant links. African Twitter is unlike any social media I’ve experienced. In […]
Assessing the size and value of investment opportunities with an informal economy footprint
There’s an interesting snippet from the Nigerian news yesterday that led to this framing of a necessary problem statement. KPMG’s head of private equity is quoted as saying: Meeting current needs of the one billion plus population and, the future demands of the rapidly emerging middle class consumers will drive the next wave of Private […]
Strategy and Operational Excellence: Trade-Offs Made in Design and Thinking
“Managers must clearly distinguish operational effectiveness from strategy. Both are essential, but the two agendas are different. The operational agenda involves continual improvement everywhere there are no trade-offs. Failure to do this creates vulnerability even for companies with a good strategy. The operational agenda is the proper place for constant change, flexibility, and relentless efforts […]
Innovation at the small enterprise level
I’ve never been left with such a strong sense of enterprise and innovative thinking as I have now after this past week in Coastal Kenya. In fact I asked Muchiri if he’d been specifying some high standards for the introductions made to various cyber cafe owners or was it that we just happened upon the […]
On the challenge of merging Business with Design
Helen Walters recently published her complete speech from Design Thinkers 2010 online under various titles such as “The 7 Biggest Challenges in Merging Design and Business” as well as “Design: The bottom line” which provides much food for thought as a current day snapshot of the interstitial space where business meets design. After having sat […]
Why is design important?
Design is first and foremost a philosophy, based on a system of values, which seeks to solve problems. What are we creating? Why and for whom? Are we correctly framing the problem to be solved? These are the questions to which the answers are then manifested tangibly in the form of a new product, service […]
