• News
    • Latest news
    • News search
    • Health
    • Finance
    • Food
    • Career news
    • Content series
    • Focus areas
    • Try Devex Pro
  • Jobs
    • Job search
    • Post a job
    • Employer search
    • CV Writing
    • Upcoming career events
    • Try Career Account
  • Funding
    • Funding search
    • Funding news
  • Talent
    • Candidate search
    • Devex Talent Solutions
  • Events
    • Upcoming and past events
    • Partner on an event
  • Post a job
  • About
      • About us
      • Membership
      • Newsletters
      • Advertising partnerships
      • Devex Talent Solutions
      • Contact us
Join DevexSign in
Join DevexSign in

News

  • Latest news
  • News search
  • Health
  • Finance
  • Food
  • Career news
  • Content series
  • Focus areas
  • Try Devex Pro

Jobs

  • Job search
  • Post a job
  • Employer search
  • CV Writing
  • Upcoming career events
  • Try Career Account

Funding

  • Funding search
  • Funding news

Talent

  • Candidate search
  • Devex Talent Solutions

Events

  • Upcoming and past events
  • Partner on an event
Post a job

About

  • About us
  • Membership
  • Newsletters
  • Advertising partnerships
  • Devex Talent Solutions
  • Contact us
  • My Devex
  • Update my profile % complete
  • Account & privacy settings
  • My saved jobs
  • Manage newsletters
  • Support
  • Sign out
Latest newsNews searchHealthFinanceFoodCareer newsContent seriesFocus areasTry Devex Pro
    • News
    • Innovation

    How to incentivize innovation and collaboration: Lessons from ADB and World Bank

    At international financing institutions, incentivizing everyone to be innovative requires more than just support from senior management.

    By Ma. Eliza Villarino // 18 September 2014

    Related Stories

    Devex Newswire: EIB president unveils new €10B strategy at World Bank-IMF meetings
    Devex Newswire: EIB president unveils new €10B strategy at World Bank-IMF meetings
    4 ways health investments can reduce sovereign debt
    4 ways health investments can reduce sovereign debt
    Uncertainty ‘new normal’ as World Bank, IMF meet amid aid cuts, discord
    Uncertainty ‘new normal’ as World Bank, IMF meet amid aid cuts, discord
    Deep dive: Great expectations for multilateral development banks
    Deep dive: Great expectations for multilateral development banks

    Organizational culture change is essential to turn a traditional development organization into an innovation and collaboration powerhouse. And a firm commitment from the institution’s leaders helps to drive that change.

    But there’s more to that equation, Alexia Latortue suggested during a panel discussion at an innovation and learning event held recently at the Asian Development Bank headquarters in Manila.

    Employees “need to have a firm sense that management will have their backs if something goes wrong,” said the deputy assistant secretary for development policy and debt at the U.S. Treasury. “And then management needs to have a real sense that shareholders will have their back if something goes wrong.”

    This article is free to read - just register or sign in

    Access news, newsletters, events and more.

    Join usSign in
    • Banking & Finance
    Printing articles to share with others is a breach of our terms and conditions and copyright policy. Please use the sharing options on the left side of the article. Devex Pro members may share up to 10 articles per month using the Pro share tool ( ).

    About the author

    • Ma. Eliza Villarino

      Ma. Eliza VillarinoDevexElizaJV

      Eliza is a veteran journalist focused on covering the most pressing issues and latest innovations in global health, humanitarian aid, sustainability, and development. A member of Mensa, Eliza has earned a master's degree in public affairs and bachelor's degree in political science from the University of the Philippines.

    Search for articles

    Related Stories

    Devex NewswireRelated Stories - Devex Newswire: EIB president unveils new €10B strategy at World Bank-IMF meetings

    Devex Newswire: EIB president unveils new €10B strategy at World Bank-IMF meetings

    Sponsored by the Gates FoundationRelated Stories - 4 ways health investments can reduce sovereign debt

    4 ways health investments can reduce sovereign debt

    World Bank annual meetings 2025Related Stories - Uncertainty ‘new normal’ as World Bank, IMF meet amid aid cuts, discord

    Uncertainty ‘new normal’ as World Bank, IMF meet amid aid cuts, discord

    Devex NewswireRelated Stories - Deep dive: Great expectations for multilateral development banks

    Deep dive: Great expectations for multilateral development banks

    Most Read

    • 1
      Why NTDs are a prime investment for philanthropy
    • 2
      The silent, growing CKD epidemic signals action is needed today
    • 3
      US lawmakers strike $50B foreign assistance deal, surpassing Trump's plan
    • 4
      Why are 3.4 billion people still offline?
    • 5
      Exclusive: Inside US-UN plan to remake funding for humanitarian crises
    • News
    • Jobs
    • Funding
    • Talent
    • Events

    Devex is the media platform for the global development community.

    A social enterprise, we connect and inform over 1.3 million development, health, humanitarian, and sustainability professionals through news, business intelligence, and funding & career opportunities so you can do more good for more people. We invite you to join us.

    • About us
    • Membership
    • Newsletters
    • Advertising partnerships
    • Devex Talent Solutions
    • Post a job
    • Careers at Devex
    • Contact us
    © Copyright 2000 - 2026 Devex|User Agreement|Privacy Statement