Publication: IFC at an Inflection Point : Time for a New Business Delivery Model?
Zaki, Fares T.
As International Finance Corporation (IFC) continues to further scale up its operations, seeking to deliver more development impact, could it be in danger of inadvertently becoming an increasingly slower and higher-cost delivery mechanism, and thus a less relevant change agent? This smart lesson, growing out of the author's observations during 32 years with IFC, proposes an alternative business delivery model with particular relevance to fragile states and frontier regions in middle income countries, in hopes of sparking a lively and productive debate around how IFC defines, delivers and measures success in its poverty reduction effort.
“Zaki, Fares T.. 2012. IFC at an Inflection Point : Time for a New Business Delivery Model?. IFC smart lessons brief;. © World Bank, Washington, DC. http://hdl.handle.net/10986/17055 License: CC BY-NC-ND 3.0 IGO.”
Other publications in this report series
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PublicationAgainst All Odds : Giving Businesses an Edge in Haiti(International Finance Corporation, Washington, DC, 2012-04)Small and medium enterprises (SMEs) contribute to job creation in all types of economies, but they have a particularly critical role in fragile and conflict-affected states. In Haiti, for example, smaller companies represent the backbone of the economy, employing about 80 percent of the workforce. These SMEs face many challenges in managing their operations and setting up sound business strategies, challenges that can lead to limited growth opportunities and difficulties in accessing credit. Following the devastating earthquake of 2010, which magnified the already difficult circumstances, International Finance Corporation, or IFC supported private sector development by providing SMEs with specific management tools under the Business Edge (BE) program to help with the recovery process. This smart lesson presents lessons learned and insights gained from the Business Edge Haiti Project.
PublicationAn Innovative and Cost-Effective Solution for Livestock Waste Management in China, Thailand and Vietnam(World Bank, Washington, DC, 2012-01)The East Asia region is home to more than half the world s stock of pigs and more than one-third of the world s poultry a population that is expected to grow rapidly over the next decades. As a result, about 26 percent of the total area in East Asia suffers from significant nutrient surpluses, mainly from agricultural sources. For instance, the region has a 47 percent surplus of phosphorus and a 16 percent surplus of nitrogen, both from animal manure. This contributes significantly to the degradation of regional water quality. To address this issue, the Global Environment Facility (GEF) funded the Livestock Waste Management in East Asia (LWMEA) Project. This smart lesson discusses major challenges faced and key lessons learned from implementing that regional project.
PublicationHow to Revamp a Business Edge Program : The Case of Ghana(World Bank, Washington, DC, 2012-11)IFC aims to strengthen the overall business environment by providing local markets with management training programs aimed at small businesses, such as Business Edge. IFC signs cooperation agreements with local business development service providers to deliver this interactive learning program. The hoped-for result is that the beneficiaries of training will run more efficient businesses and the overall economy will improve. This Smartlesson shares the lessons learned while revamping the Business Edge program in Ghana. The overhaul was achieved by clearing up training providers' misinterpretations about the program and empowering them to deliver it, defining a clear strategy for the program, shedding all but the top performing local providers, giving providers chances to network with potential clients, lining up some business for the providers, and exerting strong quality control over the program.
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