Source: Women's World Banking
Financial inclusion tends to be at the heart of most microfinance institutions’ (MFI) core mission. These days however, keeping true to that mission does not come easy.
Besides the extent of their outreach and their ability to offer diverse products, an MFI’s success is now being measured by operational, financial, social, and gender indicators. Leaders must therefore understand that to meet the external demands of investors, boards and clients, they need to create strong teams within the organization that can implement the big strategic visions of the organization. In February 2014, Women’s World Banking’s Leadership and Gender Diversity program team provided Crecer, Crédito con Educación Rural in Bolivia just this opportunity to strengthen its team of managers through the Management Development Training program.
Women’s World Banking’s Management Development Training program is a course that addresses the key concepts of managing for results and helps MFI managers
develop transformational skills. We use a two-step approach: first focusing on the participants’ understanding of themselves and how they interact with others. The second part is anchored on this self-understanding and introduces tools that build skills in managing people and processes. Most importantly, the course is action-oriented—participants are given the opportunity to immediately test their understanding of concepts as well as try out emerging skills by simulating actions that they might take in given situations.