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Transformation Opportunities are All Around Us
Business transformation is as natural as business growth - and just as inherent in any company's lifecycle. Transformation is all around us. Businesses transform themselves every day. Transformation is not just about big bangs and massive changes. Transformation happens so often that we often don't even recognize it as transformation.

Sub-Saharan Africa Learning What Works
Africa is the world's poorest continent. But for the first time in a generation—amid all the bad news—there is hope for change. An increasing number of countries in sub-Saharan Africa are showing signs of economic progress, reflecting the implementation of better economic policies and structural reforms.
5.2 International economic integration and social justice: Working Out of Poverty
Policies to improve the governance of the labour market based on the decent work approach can create and enlarge the channels that ensure that sustainable growth yields the largest possible reduction in poverty. However, a large proportion of people experiencing extreme poverty live in countries that are themselves economically and socially excluded.
How does microfinance help the poor? FAQ
Experience shows that microfinance can help the poor to increase income, build viable businesses, and reduce their vulnerability to external shocks. It can also be a powerful instrument for self-empowerment by enabling the poor, especially women, to become economic agents of change.

Other external shocks Related Articles

How does microfinance help the poor? FAQ
Experience shows that microfinance can help the poor to increase income, build viable businesses, and reduce their vulnerability to external shocks. It can also be a powerful instrument for self-empowerment by enabling the poor, especially women, to become economic agents of change.

African Economic Performance in 2004: A Promise of Things to Come?
Against a backdrop of sustained global growth and high commodity prices, Africa has experienced its best economic performance in many years. While recent economic performance is not merely driven by favourable external factors, African economies still lack proper “shock-absorbers” to withstand internal (e.g. drought and floods, political instability, HIV-Aids, etc.) and external (e.g. volatility of commodity prices and exchange rates) shocks alike. They remain strongly vulnerable. In this context, creating the conditions for the development of indigenous drivers of economic activity (starting with a thriving local private sector) is a top priority.
African Reforms are essential to Boost Private-sector Development and Improve Governance
The capacity of smoothing shocks highly depends on the ability of African policy makers to diversify their economies. Boosting the private sector and improving economic and political governance are crucial.
Financing Corporate Growth in Ghana: The Role of the Stock Market
We examine how listed corporations in Ghana finance their growth and to what extent do they rely on external finance relative to internal finance. As companies expand through the acquisition of assets they have choices to make in how that growth is financed. Past earnings can be retained as a source of internal finance or be paid to shareholders as dividends. External sources of finance include both the issuance of new equity (external equity) and various debts instruments (external debt).
No Time for Cold Feet
Sometimes getting ahead means initial shocks and challenges to your system. And then you can really push on to make progress.
Public Sector Procurement Practice and the Principles of External Economies, Clustering and the Global Value Chain
Can the public sector effectively apply the principles of External Economies to its procurement practice? “External economies of scale (ES) occur outside of a firm, within an industry. Thus, when an industry’s scope of operations expands due to, for example, the creation of a better transportation network, resulting in a subsequent decrease in costs for a company working within that industry, external economies of scale are said to have been achieved. With external ES, all firms within the industry will benefit.” (What Are Economies of Scale? By Reem Heakal, January 2003)

Dangerous Supply Chain Myths (Part 4)
Segment 4 – Internal & External Collaboration: A Desire versus Skill! Internal & External Collaboration In order to extract the significant gains that collaboration can bring, companies will need to enable best-practice multi-lateral collaboration between supply partners, achieve integrated product development, and employ “customer of choice” positioning.

Internal Customer Relationship Management
CRM is not just about maintaining databases, touching your external customers every so often, remembering their names, and upselling. It is so much more than that, and begins within the walls of your organization. If your internal CRM strateges are not up to snuff, chances are that your relationships with your external customers will suffer as a direct result. Learn how to enhance your internal customer service delivery plan so that the bottom line of your company stays healthy.
A Little Thing Called Trust
We take matters of trust for granted, so when someone betrays our trust it shocks us. Once we've lost faith is it possible to rebuilt trust?
OMG, My Bank Account Is Frozen, What Do I Do?
During the recent turmoil in Egypt and in Japan, we are reminded that in our modern society, there is a deep dependency on our gov’t, various grids, and infrastructure systems, suggests Mike Farrell with aspenIbiz. Read this short post is it will reveal that we all need to create an environment of sustainability to withstand natural, and man-made, shocks to the system?

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