John S. Reed, chairman and CEO of Citicorp, has a clear ambition: to create the world's first truly global financial institution. Citicorp's scale may make it the only U.S. bank with the potential to do this. Still, its precarious balance sheet constrains flexibility and growth. Reed proposes a radical restructuring of international banking: "Imagine a scenario in which 10 or 12 international banks, much like the 5 or 6 giant oil companies, share the capital and risk associated with different parts of the business."

Traces the history of a collaborative effort to create an organization to manage a major international development project in the slums of Addis Ababa, Ethiopia. Focuses on a serious set of disagreements which develops several months into the project between the two principals, an Ethiopian woman who founded the project and a British entrepreneur who is the coordinator of the donor consortium. Designed to provide 1) an example of entrepreneurial action in the nonprofit sector, particularly in international development, 2) the opportunity to diagnose problems in the working relationship of two people who have very different backgrounds, and 3) the opportunity to devise plans for each person to take in addressing the problems.