Dear readers, a while ago I wrote a post on the MaFI-festo, a discussion paper that makes some suggestions on how to make development more effective (Boosting development effectiveness: what would need to change?). The basic assumption of the paper is that if we facilitate the market systems to change from within rather than through a number of direct and distorting interventions, we have better and more sustainable results.

The challenge to unleash the power of markets to end poverty goes on. The MaFI-festo now entered the MIX, the annual Harvard Business Review/McKinsey M-Prize for Management Innovation.

We need your help to push the MaFI-festo up the ranks of this competition!

What you can do

To see the application go to http://www.managementexchange.com/node/62551

Find out more about the M-Prize go to: http://www.managementexchange.com/m-prize/long-term-capitalism-challenge

[Update] Unfortunately, the MaFI-festo contribution was not selected as a finalist for this years MIX. Nevertheless, we keep on promoting this initiative with a lot of enthusiasm.