About this episode
Many countries need radical structural transformation, specifically in more developing nations, and Growth Teams and made it part of their mission to empower developing countries to create jobs and grow their economies. Today, we are in conversation with the cofounders of Growth Teams, Kartik Akileswaran and Jonathan Mazumdar. The pair are here to discuss how their business is playing its part in creating economic stability in countries around the world. Our conversation begins with a breakdown of Growth Teams, how the company works, and why Kartik and Jonathan chose to build it. After taking a look at our guests’ professional backgrounds, we dive into the definition of structural transformation, assess its importance, discover why it’s so difficult to facilitate and brainstorm ways for governments to stand true to their promises of transformation. We also learn how Growth Teams gets involved in government outreaches, how it’s doing things differently to achieve better results, the countries it is working with, and everything the business has planned moving forward. Key Points From This Episode:What Growth Teams is all about and how Kartik and Jonathan came to found itKartik and Jonathan's professional backgroundsThe importance of structural growth and economic developmentWhy the aforementioned issues are neglected by governments and policymakersDefining structural transformationThe factors that make structural transformation difficult to facilitateOur guests’ advice for how governments can uphold their transformation reformsHow labor mobility fits inWhy government outreach programs have low skills retention, and how Growth Teams is fixing thisA look at Growth Team's involvement in government outreaches and how it evolves during the processThe countries that Growth Teams is working with and the company's plans for the futureLinks Mentioned in Today’s Episode:Kartik Akileswaran on LinkedInJonathan Mazumdar on LinkedIn Growth Teams‘Governance and Development'The perspective of growth-enhancing governance’