A 20/20 retrospective on enterprise development: in search of impact, scale and sustainability
This article traces the evolution of enterprise development theory and practice over the past 20 years and suggests what critical challenges this field will face over the next decade. The paper delineates four key stages (sometimes overlapping) in enterprise development – beyond
credit, commercial service delivery, systems approaches and developing inclusive systems – and describes the main themes, challenges and learning of each stage. It then moves to a brief analysis of upcoming issues in the enterprise development industry.