20230112-世界经济论坛-Leaders_and_Intrapreneurs_Driving_Investment_in_Frontier_Markets_26页_1mb

Leaders and Intrapreneurs: Driving Investment in Frontier Markets

Leaders and intrapreneurs play a crucial role in overcoming barriers to increase investment in frontier markets, such as financial, cultural, and institutional obstacles, to achieve sustainable impact in humanitarian and fragile contexts. Organizational readiness, defined as the preparedness for major changes and new projects, is key to enabling private-sector partnerships and unlocking investments.

The report highlights four case studies:

• The International Committee of the Red Cross (ICRC) used a Humanitarian Impact Bond (HIB) to secure private funding and broaden its resource base by obtaining a mandate through its resource mobilization strategy.
• The European Commission removed bureaucratic and political barriers by piloting humanitarian blended finance and engaging in self-assessment tools from a playbook, fostering organizational support and practical discussions.
• The United Nations World Food Programme (WFP) built organizational structures and systems, such as the Innovation Accelerator, using lean methodologies and partnerships with private entities to drive innovation and scale market-based solutions.
• FMO – Entrepreneurial Development Bank created the MASSIF fund to provide seed funding and encourage smaller investments, addressing risk appetite issues and enabling earlier-stage transactions in frontier markets.

Key takeaways include the need for leaders to take risks, empower staff to innovate safely, and recognize learning opportunities from failures. Intrapreneurs are encouraged to capitalize on organizational changes, leading to incremental progress across readiness pillars (mandate, organizational support, systems and procedures, resources, implementation). This approach fosters sustainable investment partnerships and long-term solutions for vulnerable populations.

The HRI initiative promotes collaboration and provides tools to enhance organizational readiness, emphasizing that successful change depends on leaders and intrapreneurs working together to create a lasting impact.