Goldman Sachs’ $500 Million Bet on Small Businesses
Launched in the midst of the financial crisis, Goldman Sachs' “10,000 Small Businesses” program provided business education and access to capital for small businesses across the United States. The company committed $500 million to fund the program and nine years later had graduated 7,300 participants, just shy of its goal. Harvard Business School professor Len Schlesinger discusses the success, impact, and future of the program.
Can Gimlet Turn a Podcast Network Into a Disruptive Platform?
Harvard Business School professors John Deighton and Jeffrey Rayport discuss how two former public radio producers launch the Gimlet Media podcast network, entering the last frontier of digital media. How can they turn a content supplier into a disruptive platform?
How a New Leader Broke Through a Culture of Accuse, Blame, and Criticize
Children’s Hospital & Clinics COO Julie Morath sets out to change the culture there by instituting a policy of blameless reporting, which encourages employees to report anything that goes wrong or seems substandard without fear of reprisal for the act of reporting. Harvard Business School professor Amy Edmondson discusses getting an organization into the “High Performance Zone” by creating an environment of psychological safety and high accountability.
At Booking.com, Innovation Means Constant Failure
Harvard Business School professor Stefan Thomke discusses how past experience and intuition can be misleading when attempting to launch an innovative new product, service, business model, or process. Instead, Booking.com and other innovative firms embrace a culture where testing, experimentation, and even failure are at the heart of what they do.
Should a Pension Fund Try to Change the World?
Harvard Business School professors Rebecca Henderson and George Serafeim discuss the impact investing efforts of Hiro Mizuno, CIO of GPIF, Japan’s government pension fund. He says that improving corporate governance, increasing inclusion and gender diversity, and addressing climate change would expand Japan’s economy. But, should a pension fund try to change the world?