Novogratz pioneered a new type of non-profit organization, naming her's "The Acumen Fund", which is now a leader in the landscape of social enterprise.
She recounts powerful stories that show the importance of bringing market rigor, feedback loops, and accountability to poverty reduction efforts.
She discusses how she spearheaded drastic change in traditional philanthropic efforts for both local and international aid.
I took a lot away from this book about Leadership, specifically the kind that is needed today, and what it will look like in the future. From The Blue Sweater:
The entrepreneurs who will help us create the future for all people are individuals who exist in every country on earth. ... They are the ones who see a problem and don't stop working on it until it is solved. They refuse petty ideologies and reject trite assumptions.They balance their passion for change with an ability to get things done. Mostly, they believe fundamentally in the inherent capacity of every human being to contribute.
I highly recommend this book to anyone who has interest in Social Change, Finance, Africa, Philanthropy, Humanity, Microfinance, Entrepreneurship, Business, Non-Profit, Venture Capital, Human Resources, Leadership, Management, Development, Organizational Development, Poverty, Economics or for someone who simply cares about improving conditions for those in need.At the same time, today's most effective leaders have a pragmatic bottom-line orientation that results in focusing on measuring what they accomplish, building institutions that can sustain themselves long after their founders are gone. They world will not change with inspiration alone; rather it requires systems, accountability, and clear measures of what works and what doesn't. Our most effective leaders, therefore, will strengthen their knowledge of how to build organizations while also having the vision and heart to help people imagine that change is possible in their lives.
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