There he is at your fancy gala; rich, successful, and bored out of his mind. He’s got an MBA from an Ivy League school, an undergrad in economics and a wife… who studied art history… and who drags him kicking and screaming to your events. He’s worth a mint, but the most you may ever get from him is the price of the gala’s tickets. Is it even possible to get this Philistine to change his mind about your cause? The answer has as much to do with how people learn and what kind of ideas they are exposed to as it does how much money they have to give. (Read more about the learning side of this equation on my blog on informal learning called The Learner's Guild .) A yet-to-be published study by Professor Raymond Fisman from Columbia Business School… along with Shachar Kariv of UC Berkeley and Daniel Markovitz of the Yale Law School… suggests that even mature students can change their minds when presented with powerful ideas. In this study Fisman and his co-authors Shachar Kariv and D...
Dedicated to highlighting and dissecting the best and the worst cause marketing promotions and campaigns.