Creating Social Value Blog / Social Innovation

The Lewis Institute

Business and Social Innovation Intensity Track

The Graduate School has launched a new Business and Social Innovation Intensity Track for MBAs focused on developing the mindset, skills, and competencies needed to create economic and social value simultaneously. The role of business in society has significantly shifted, and business leaders are increasingly challenged with the complexities of “doing well” (economic value), while…

Emily Weiner

Leading for Social Value: Dave Stangis Puts Theory into Practice

By Emily Weiner, Associate Director of The Lewis Institute and the Babson Social Innovation Lab. One week ago, we kicked off our seven-week intensive elective MBA course, Leading for Social Value. This co-created journey with The Lewis Institute, our students, and our featured guests focuses on understanding how to create economic and social value simultaneously,…

The Lewis Institute

Catalyzing Impact: Playing with the Heavy Hitters

By Nathan J. Burke, MBA Candidate A’17. Since 2010, The Lewis Institute has run the Babson Board Fellows program which places MBAs and alumni as non-voting members on nonprofit boards throughout Greater Boston. Living into Babson’s mission to create economic and social value simultaneously, not sequentially, the program strives to create value and impact by…

The Lewis Institute

Becoming Comfortable with Ambiguity

By Lauren Mariano ‘19. When I first began interning at The Lewis Institute, Emily Weiner, The Associate Director of The Lewis Institute and Babson Social Innovation Lab, said that part of the working culture is “being comfortable with ambiguity.” Upon hearing that, I was nervously excited. Before coming to Babson as a GAP student in…

Emily Weiner

SoloCoco: Utilizing Fair Trade to Create Economic and Social Value

Following the 2016 Lewis Institute Changemaker Award reception, I had the chance to sit down with our Alumni award winner Daniel Dalet ‘03. I was interested in learning more about Daniel’s path: from Babson to the hedge fund industry to co-founding a business in the socio-economic space. Daniel co-founded SoloCoco, a value-added production company, with…

The Lewis Institute

Addressing Poverty Through Global Healthcare Entrepreneurship

By Rebecca Rosemé Obounou, Assistant Director, Leonard A. Schlesinger Fund for Global Healthcare Entrepreneurship. I am first generation Haitian-American, born right here in the city of Cambridge. Reverse of how most Haitian-Americans experience Haiti, my parents returned to the country with our family (urban city kids) during my adolescence. We settled in Northern Haiti in…

The Lewis Institute

AIM2Flourish Sharing Stories of Positive Action

By Claire Sommer, Communications Director for AIM2Flourish, a movement to change business education for the better by helping students discover, report on, and be inspired by world-benefiting business solutions. Last September, the entire world voted on the 17 biggest challenges facing humanity and pledged to solve them by 2030. These are the United Nations’ Sustainable…

Cheryl Kiser

Social Innovation: Shedding Light, Not Heat

As we prepare to leave for the Thanksgiving break, I am reminded that social innovation is one of the true ways that the best of humanity shines. And it is more important now than ever. If we reflect on how we define social innovation – as breakthrough interactions, non-linear journeys, boundary spanning, and bringing together…

The Lewis Institute

Viet Nam’s Donkey Bakery Takes Open Hiring to a New Level

By Katie Smith Milway, Sr. Fellow in Social Innovation and Partner at The Bridgespan Group. She co-authored the study “Hidden Talent: How Smart Companies Are Tapping Into Unemployed Youth,” Stanford Social Innovation Review, September 2016. Cong, 21, wears his chef’s hat pulled snug on his brow as he carefully measures butter for a batter that…

The Lewis Institute

The Launch of The Fashion Entrepreneurial Initiative

By Sasha Effron, Babson Graduate Student and member of The Fashion Entrepreneurial Initiative. Why fashion? Professor Caroline Daniels described a crucial moment when she realized that over 25% of her students were interested in pursuing careers in fashion—either in their own start-up ventures or at major brands and corporations. She recognized enormous potential to engage…