It seems the underlying idea of funding in the Infrastructure bill proposed by President Trump is based on Pareto Principle. The proposal caps funding by federal government to 20% and requires states, cities, and municipalities to fund the remaining 80%. In terms of business parlance, Pareto Principle implies that 80% of the business comes from 20% of clients.
The only problem with this rule is that it should have been implemented the other way. The funding of the infrastructure project should have been 80% by the federal government and the rest from the cities etc. Continue reading “Who is going to fund Infrastructure Bill ?”
Kurtosis is a measure used in statistics to measure weight in the tails. A normal curve with a mean of zero has a kurtosis of 3. Kurtosis in simple terms measures outliers in a distribution of data sets. Continue reading “Kurtosis: Are you an outlier?”
2 billion people around the world are still unbanked according to recent estimates published by World Bank. This is about 38% of adults worldwide mostly in Asia and Sub Saharan Africa and the majority of the unbanked population are women. Continue reading “Social Impact: Financial Inclusion”
The nonprofit sector in the US is very fragmented. GuideStar estimates as of July 2015, more than 1.5 million nonprofits were registered with the IRS as tax-exempt, not including 6000 nonprofits not registered with IRS which are included in GuideStar database. Continue reading “Nonprofits and new age philanthropy…Dawn of an era”
I came across this piece of information while I was reading the report on Catalytic Philanthropy by Mark R. Kramer and this article is derivative of the mentioned report. The article stunned me about the social impact brought about by Thomas Siebel whose foresight, tenacity and wisdom are instrumental in bringing about a paramount change in the lives of substance abuse in the United States especially teenagers. It is dedicated to youth around the world especially in America, to Thomas Siebel for his wisdom and compassion for identifying the problem and launching Project Meth. Finally, to millions of parents, friends around the world who lost someone close to them to substance abuse. Continue reading “Catalytic Philanthropy…Siebel and Project Meth…”
I had read a very good report which highlighted how innovative advertising reduced substance abuse in Montana by more than 30%. High impact advertising drove the message among teenagers on fatalities of drug addiction. This should be replicated around the world. Coming Up…A detailed analysis…