Name:
Instructor:
Course:
Date:
Novogratz on Patient Capitalism
What are her main points?
Jacqueline Novogratz through the TED talk shares stories of the way through which patient capital can be able to bring sustainable goods, job, dignity and services to the globe’s poorest. The solution provided by Novogratz described through a series of personal stories is that of patient capital which mainly consists of the support to the bottom of the pyramid ventures that the commercial market alone cannot be able to avail.
Jacqueline Novogratz asserts that poor people seek dignity and not dependence. She asserts that the traditional charity in most cases can meet the most immediate needs but over the long term fails to enable the people have the potential …show more content…
As such, they start with the market because it provides the best listening devices. Through the investments, they can be able to have insight about the market and the poor. Novogratz highlighted the significance of patient capital and stress on the successful firms and their impact that they have in what she referred to as the human side of capitalism. She talks about the significance of empathy in the availing solutions to poverty. Jacqueline Novogratz concluded her TED talk with the advice to the individual who are interested in impact-Investment field. She asserted that she perceives the work of Acumen as a long-term strategy and looks forward to the day that the entire globe can create a collective ecosystem for change and bring less dependence and dignity to vulnerable societies around the …show more content…
For instance, it has invested in LifeSpring that operates a low costs maternity health center in the nation of India. During the year 2003, successfully and early ventures that Acumen embarked upon can be located in Tanzania that started with the vast problem of Malaria. Malaria is usually caused by infective bed nets that have a relatively shorter shelf life. Acumen then looked to A to Z Textiles with the core objective of developing an enhanced product. The investment of Acumen in the A to Z Textiles assisted in the development of the firm into one of the largest employers in the country. In terms of the global development, the returns were ventured. The philanthropy of Acumen into the company created thousands of jobs for the economy of Tanzania and provided both of the parties with profit and development of a better fighting strategy of Malaria. The organization presently produces low costs bed nets that can last for a period of five years rather than the traditional six months. The returns obtained after investing in A to Z Textiles has facilitated Acumen to start other ventures in South Asia and
Instructor:
Course:
Date:
Novogratz on Patient Capitalism
What are her main points?
Jacqueline Novogratz through the TED talk shares stories of the way through which patient capital can be able to bring sustainable goods, job, dignity and services to the globe’s poorest. The solution provided by Novogratz described through a series of personal stories is that of patient capital which mainly consists of the support to the bottom of the pyramid ventures that the commercial market alone cannot be able to avail.
Jacqueline Novogratz asserts that poor people seek dignity and not dependence. She asserts that the traditional charity in most cases can meet the most immediate needs but over the long term fails to enable the people have the potential …show more content…
As such, they start with the market because it provides the best listening devices. Through the investments, they can be able to have insight about the market and the poor. Novogratz highlighted the significance of patient capital and stress on the successful firms and their impact that they have in what she referred to as the human side of capitalism. She talks about the significance of empathy in the availing solutions to poverty. Jacqueline Novogratz concluded her TED talk with the advice to the individual who are interested in impact-Investment field. She asserted that she perceives the work of Acumen as a long-term strategy and looks forward to the day that the entire globe can create a collective ecosystem for change and bring less dependence and dignity to vulnerable societies around the …show more content…
For instance, it has invested in LifeSpring that operates a low costs maternity health center in the nation of India. During the year 2003, successfully and early ventures that Acumen embarked upon can be located in Tanzania that started with the vast problem of Malaria. Malaria is usually caused by infective bed nets that have a relatively shorter shelf life. Acumen then looked to A to Z Textiles with the core objective of developing an enhanced product. The investment of Acumen in the A to Z Textiles assisted in the development of the firm into one of the largest employers in the country. In terms of the global development, the returns were ventured. The philanthropy of Acumen into the company created thousands of jobs for the economy of Tanzania and provided both of the parties with profit and development of a better fighting strategy of Malaria. The organization presently produces low costs bed nets that can last for a period of five years rather than the traditional six months. The returns obtained after investing in A to Z Textiles has facilitated Acumen to start other ventures in South Asia and