Learn how the WBG is re-thinking the way it convenes people in order to re-think how it does development finance.
Case Study
Changing global finance @ The World Bank Group
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The World Bank Group Challenge
The World Bank is an international financial institution that provides loans and grants to the governments of poorer countries for the purpose of pursuing capital projects.
Their challenge for Collaboration.Ai was not just about participant networking, but getting global and local finance leaders to partner with SMBs to drive real change in growing economies. They needed not just to make better introductions, but have the right people meet each other at the right time to accelerate the end of poverty.
Transforming Finance
Ending poverty with better collaboration
Just like the WBG was ‘re-thinking’ development capital, they had to ‘rethink’ their conference to drive true impact. However, with millions of events going on around the world in the same, well-established format that clearly wasn’t working here – what was the right solution? There’s countless methods, and billions of dollars spent to ensure good experiences and immersive events. Unfortunately there is also a huge lack of research on helping each person succeed, or strategies and approaches to improve actual outcomes.
Results for a lifetime
Simple integration into existing processes
We used data from the event registration. The results identified seven distinct communities of participants with minimal overlap between them. Not surprisingly, these were defined as the existing silos between development community, finance experts, entrepreneurs, industries, etc. These silo’d ‘cliques’ had been separated for decades, some participants reported. We transformed the group to be fully connected by the end of the conference.