Creating Social Value Blog / Corporate Social Relevance - page 2

An Open Letter to Fortune 500 Companies

As part of Emily and Cheryl’s Leading for Social Value course this spring, students were asked to write closing blogs with reflections from the seven weeks of the course. We’ll be sharing some of these posts periodically, starting with this open letter to Fortune 500 Companies from Evadne Cokeh, MBA’17. Dear Fortune 500 Companies, I…

The Growing Field of Corporate Social Innovation

Earlier this year, Senior Fellows in Social Innovation Bradley Googins and Philip Mirvis released a white paper for The Conference Board looking at the growing field of Corporate Social Innovation (CSI). This white paper, The New Business of Business: Innovating for a Better World, identifies three interlocking challenges businesses face today: “shareholder demands for growth,…

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Meet Babson Summer Study’s New Faculty Director

By Erika Buckley, Communications and Development Associate for Youth Entrepreneurial Leadership Programs Angela Randolph wants high school students to understand that none of us, including herself, know what we don’t know. Angela sees her role as Faculty Director of Babson Summer Study as helping students widen the lens of their current perspective. “I help students…

What Do Regenerative Organic Farmers and MBA Students Have in Common?

By Evadne Cokeh, Andrew Franks, Maureen O’Brien, Amanda Roosevelt and Ty Thiele (MBA’17). Each year Patagonia and The Hass School of Business at UC Berkeley host The Patagonia Case Competition that challenges graduate students from across the US to solve one of the company’s real-life sustainability issues. This year’s competition asked students to propose methods for Patagonia to accelerate…

Sharing Insights on CSR

By Brenna Leary ’18. As a student who has been interested in sustainability and the environment since childhood, attending a business school doesn’t necessarily seem like the most comfortable fit. Oftentimes, business students and professors think, speak, and act in economic terms, and it seems as though social and environmental value gets lost in the…

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…

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Values, Value, or Politics?

By Cheryl Y. Kiser, Executive Director of The Lewis Institute & the Babson Social Innovation Lab. For many years we have been in conversation with our students and business leaders about the changing role of business in society. We have discussed the challenges of doing well (economic value) and doing good (social value) simultaneously. We…

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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,…

Quantifying the Impacts of Open Hiring at Greyston Bakery

By Evadne Cokeh, Babson graduate student and Inventureship recipient. In my application to the Babson MBA program, I wrote, “During my time at Babson, I want to identify effective models that improve job opportunities for low-income individuals. I believe for-profit business can be a powerful avenue for positive community change.” Lucky me, I spent my…