Word: ashoka
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...been stranded since the Challenger and Columbia space-shuttle disasters. SpaceShipOne avoids using brutal force to leave Earth and re-enter the atmosphere, thereby minimizing risks to itself and its crew. SpaceShipOne works its way into space and is the most human-friendly space vehicle man has yet devised. Ashoka Weerakkody Colombo, Sri Lanka...
...ASHOKA WEERAKKODY Colombo, Sri Lanka...
Rottenberg's own journey began after Yale Law School when she took a job in Buenos Aires working for Ashoka, the nonprofit that pioneered venture philanthropy by giving small cash infusions to local groups across the globe. On a recruiting trip to Harvard Business School, Rottenberg met Kellner, who had co-founded a Western-managed independent oil company in Russia, and they scoured Chile and Argentina for people with outsize ideas. "We found a sheep farmer in Patagonia who was a real computer genius but just didn't have the right tools," says Rottenberg, 33. "We only needed to open...
Schools modeled on EDISCA are now open in five other Brazilian cities. Andrade's students sell out the local theater and put on shows as far away as Italy. They attract funding sources like the Washington-based Ashoka organization, a nonprofit group that identifies and supports 1,100 "social entrepreneurs" in 41 countries. Last year a $550,000 loan from the Brazilian government let EDISCA move into a new building...
...recent innovation is the combination of some Ashoka operations with McKinsey's expertise. In the slums of Sao Paolo, Brazil, an Ashoka entrepreneur named Leonardo Pessina was able to build high-quality housing at less than half the normal construction cost by getting the community to provide much of the labor. But managing a huge construction operation threatened to overwhelm even the committed Pessina. So McKinsey made available about 25% of its local staff as volunteers to manage the project. And the consulting firm received a major payback. "McKinsey has an understanding of the local housing market that it never...