Development Lessons from Business Strategy
March 12, 2008
**THIS EVENT IS NOW FULL** What can rich-country aid agencies learn from the private sectors of their own countries? Prof. Duggan will answer this question with ideas from his new book Strategic Intuition: The Creative Spark in Human Achievement. He argues that modern neuroscience, psychology, military history, and business strategy collectively point to similar lessons about what determines the success of revolutionary endeavors in social enterprises like microcredit, political development, and education reform in poor countries. Development agencies risk failure when they derive their acts from centrally predetermined goals rather than encourage action by flexibly seizing on chains of fortuitous, unpredictable opportunities. Prof. Easterly, who spent 16 years at the World Bank, will discuss what these lessons from the business world mean for how development successes occur and how to foster them. |