I have never been as excited as I am about the work I get to do. This will be a great year. Thanks to everyone for your support over the years.
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Efosa Ojomo
@EfosaOjomo
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Once capital becomes institutionalized, its goal changes from maximizing upside to minimizing downside. This is important, and is one of the reasons Venture Capital is not designed for market creation.
VC is a post-market creation institution.
More to come on this.
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Another great year for the January Series. I loved how curiosity became a common theme woven through so many different topics!
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The 2023 edition of the is now done and dusted. Was rich with content, insightful, and memorable. Well done to everyone in the community who made it a success!! Looking forward to 2024.
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Local jobs are the true engine of long term economic growth.
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The goal of growth economies should be to build more complex economies.
#economicdevelopment #prosperity
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Breakthrough technology isn’t the common enabler of impactful market-creating innovation.
BUT
Reducing barriers such as cost, time, complexity, and accessibility, THAT is the key to finding success.
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For innovators creating new markets, it isn’t just about what your organization is good at doing; it’s about what needs to be done. christenseninstitute.org/blog/when-crea via
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Huge thanks to our sponsors, partners and innovators. You made it as simple as ABC...
Africa to the World!
Build better,
Collaborate and transform access to healthcare
Investing in Innovation hosts our first Access to Markets event! - Salient Advisory
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A worthy cause to support! Check out 2022 Christensen Institute Annual Fund Clayton Christensen Institute here:
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At the today Naija 🇳🇬 academic #StarBoy spoke brilliantly on market-creating innovations and reminded us that “In order to be great, you have to serve,” as well as that “the hard systems building work isn’t fun or photo worthy, but it’s necessary”
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"The goal of #ForeignAid was never — and should never be — to aid forever."
at argues that aid should "innovate itself out of existence" by helping #entrepreneurs create new markets that build lasting prosperity:
bit.ly/3WBZSHs
#globaldev
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Until we begin having serious conversations about this and its implications on development, I'm not sure progress is possible. Going forward, what if every index and ranking included what countries actually have to spend on development?
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"While the foreign aid industry is well-versed in investing in poverty alleviation, it has not evolved to invest systematically in supporting the efforts of govts, local private sectors & institutions to build systems that help generate both social impact & sustained prosperity"
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#ForeignAid’s failure to alleviate #poverty is not due to a lack of effort, says @EfosaOjomo at @ChristensenInst.
It's due to a lack of innovation.
He explores a new way of mobilizing aid to boost local business:
bit.ly/3Rajjpt
#globaldev #EmergingMarkets #socent
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Sitting on the plane right now. Can’t wait to share with the Calvin University and Grand Rapids, Michigan community about the power of market creating innovations. For the first time, I’m also sharing some of our new work. Stay tuned. Tune in.
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Excited to be hosting @EfosaOjomo of the @ChristensenInst He will speak on how market creating innovation can lift nations out of poverty. Join us in the @Calvin_Uni CFAC at 12:30EST on Thursday, Jan 26th or watch online via Calvin.edu/January-series (6:30pm Naija 
time)
time)
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This is the end of an piece about education in Sierra Leone. I wrote about this in in 2016. Yet we’re still doing it. Solving one really hard problem only to create another impossible one. Why not just invest in creating jobs first?
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#ForeignAid’s failure to alleviate #poverty is not due to a lack of effort, says at .
It's due to a lack of innovation.
He explores a new way of mobilizing aid to boost local business:
bit.ly/3Rajjpt
#globaldev #EmergingMarkets #socent
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In This piece, I explain the importance of market creating innovations in helping drive prosperity. Check it out. nextbillion.net/foreign-aid-ma
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How Foreign Aid Can Innovate Itself Out of Existence: Exploring the Potential of Market-Creating Innovation for Sustainable Development:
bit.ly/3HbaDuq
#ForeignAid #PovertyAlleviation #globaldev #EmergingMarkets
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And from the , the co-author of the amazing book THE PROSPERITY PARADOX.
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This week @Calvin_Uni #JanuarySeries speakers include @Peter_Wehner (tomorrow!) @esaumccaulley (Wednesday) and @KatecBowler (Friday).
Register here to view for free: calvin.edu/january-series
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Fascinating. The Pulitzer is named after Joseph Pulitzer. He spread the “yellow journalism” technique, which attracted readers by focusing on sensationalism and providing little evidence for written stories.
Today his name is synonymous with journalistic excellence.
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One of the most amazing things about research is the learning. Imagine my surprise and utter excitement when I learned that LOVE is a prerequisite for market creation.
Oh my goodness, this is going to be good. So so good.
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Distribution... the unsung hero in market creation.
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Today's podcast guest, discusses how often it is #innovation, not the traditional method of flooding societies with resources, that helps poverty-stricken countries prosper.
Listen: linktr.ee/Outthinker
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Just completed a presentation to and the core of our approach was around 's work on Market Creating Innovations.
This book breathes!
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I am done with this amazing book. I believe it's a start of a great conversation as noted in the book. I took notes and I wholly recommend it.
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December reading starts with #ProsperityParadox, co-authored by . I’m about half way in and *very* inspired. The most sustainable way to solve issues like #37billion is through #innovation. Stay tuned for short book review and give-away of a signed copy in a few days.
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Understanding barriers to production and consumption is key to creating new markets. latest is solid.
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Civilizations are built by humans against ALL odds. What you see today are the SACRIFICES of ancestors. When done properly, it’s a joy to behold and to enjoy.
But someone had to build them, against ALL odds, and today, you are that someone, that ANCESTOR.
Fight or flight? .NG
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The Tools of Cooperation framework can help leaders understand which managerial tool to use depending on the circumstance in which they find themselves. 's piece explains how the should leverage these tools to solve #climate challenges.
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In the US, the Secretary of Treasury was once responsible for issuing licenses for vaccine farms. This happened after the many "farms" went largely unregulated. Two public incidents (bad vaccines led to many deaths) resulted in 1902 Biologics Act.
Innovation precedes regulation.
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Development is not static. Where you are is not where you'll always be.
This is from a British author speaking on the proliferation of "vaccination parks" in the 1800s.
"The country is flooded with cheap stuff made in Germany and elsewhere, of unknown nature or origin"
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When a movement or mission causes us to no longer be kind, and respectful, and good, then, at the very least, we must question the point of the movement.
To give up those virtues, I think, should be the last resort.
PS
We must really try to stop insulting one another.
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Strong words.
Giovanni Medici.
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This is simple yet incredibly illuminating. Thanks for this brilliant piece on some fundamentals of solar energy adoption.
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The process of market creation is arguably the most beautiful act of humanity. It democratizes access. This is banking during the Medici era.
and I are working on a new project sure to inspire and empower.
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