logo
episode-header-image
May 2021
26m 37s

To end poverty, cultivate innovation | E...

TED
About this episode

What turns a developing country into a prosperous one? For years, Efosa Ojomo has been trying to answer this question. And what he has found – through starting his own nonprofit in Nigeria, doing research at Harvard Business School and writing a book called The Prosperity Paradox with Clay Christensen – reverses many of our existing ideas around aid.

In this talk, Efosa lays out a new approach to fighting poverty that identifies innovation as the key driver of prosperity. But how does one build an innovative business in a developing market? In environments that can be as unfamiliar and unpredictable as they are full of opportunity? Stick around after the talk, where Modupe and Efosa discuss the unique mindset that this type of business requires.



Hosted on Acast. See acast.com/privacy for more information.

Up next
Aug 31
The fleeting euphoria of success | Debbie Millman
Over two decades of interviewing countless creative people, Debbie Millman (host of the iconic "Design Matters" podcast) had a realization: the pride and joy of accomplishing something often evaporates almost instantly. She explains how to stop chasing external validation for you ... Show More
11m 37s
Aug 27
Finding Purpose: How to find your purpose (w/ Master Fixer Molly Graham) | from Fixable
What is your true purpose—and how do you find it? This month, Anne and Frances are tackling one of life’s biggest questions in search of answers for Fixers of all ages, from fresh graduates charting their first career moves to seasoned executives craving something more. In this e ... Show More
38m 24s
Aug 27
Finding Purpose: How to give your work meaning (w/ the New York Times Jodi Kantor) | from Fixable
In uncertain times, purposeful work can feel impractical and out of reach. But award-winning investigative reporter Jodi Kantor argues that meaning is both essential and available to all of us. Anne and Frances dive into the lessons from Jodi’s latest book, “How to Start: Discove ... Show More
44m 13s
Recommended Episodes
Feb 2019
How Innovative Companies Help Frontier Markets Grow
Efosa Ojomo, global prosperity lead at the Clayton Christensen Institute, argues that international aid is not the best way to develop poor countries, nor are investments in natural resource extraction, outsourced labor, or incremental improvements to existing offerings for estab ... Show More
26m 9s
Oct 2019
Innovation is the antidote to corruption | Efosa Ojomo
Traditional thinking on corruption goes like this: if you put good laws in place and enforce them well, then economic development increases and corruption falls. In reality, we have the equation backwards, says innovation researcher Efosa Ojomo. In this compelling talk, he offers ... Show More
11m 48s
May 2023
Business Daily Meets: Tony Elumelu
Nigeria's most well-known economist Tony Elumelu tells us why Africa needs to rethink it's relationship with business. He explains "Africapitalism", the idea that the private sector can transform Africa's economy and society for the better. He also discusses a number problems slo ... Show More
18m 48s
Aug 2024
702: How to Turn a Profit and Improve Lives in the World's Toughest Places (with Former McKinsey partner, Viva Ona Bartkus)
Welcome to an interview with the coauthor of Business on the Edge: How to Turn a Profit and Improve Lives in the World's Toughest Places, Viva Ona Bartkus. In this book, they argue that by entering markets in the world's frontline regions—areas stuck in cycles of violence and ext ... Show More
48m 38s
Feb 2023
A for-profit mindset for nonprofit success | Tolu Oyekan
How can nonprofits accelerate their impact and move the needle on intractable problems? Looking to bring the urgency of a profit motive to every initiative, inclusive finance promoter Tolu Oyekan shows how scalable, data-driven solutions are expanding access to banking and financ ... Show More
12m 48s
May 2024
Unlearning the Poverty Mentality
Send a textBreak free from the poverty mindset: unlearn scarcity, embrace abundanceLearn how to invest in real estate with the Cashflow 2.0 System! Your business in a box with 1:1 coaching, motivated seller leads, & softwares. https://www.wealthyinvestor.com/Want to work 1:1 with ... Show More
14m 28s
Jul 2024
466: Former McKinsey partner on How to Turn a Profit and Improve Lives in the World's Toughest Places
<p dir="ltr">Welcome to Strategy Skills episode 466, featuring an interview with the coauthor of <em>Business on the Edge: How to Turn a Profit and Improve Lives in the World's Toughest Places</em>, Viva Ona Bartkus. In this book, they argue that by entering markets in the world' ... Show More
50m 16s
Nov 2019
A Nobel Prize Winner on Rethinking Poverty (and Business)
Esther Duflo, an MIT economist, won the 2019 Nobel Prize in Economic Sciences for her experimental approach to alleviating global poverty. Duflo’s early life working at a non-governmental organization in Madagascar and volunteering in soup kitchens in her native France inspired h ... Show More
27m 32s