News and Notes


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Net Impact Weekly E-news (Published April 28, 2008)

Link to previous E-news

Hello people of the Net Impact. Enjoy this week's helping of news and announcements. Thanks to everyone who participated in the Net Impact auction!.

1. Silent auction results
2. Opportunity for Part-time Net Impact Members: Part-Time Board Fellows Coordinator
3. Annual Net Impact conference 11/13-11/15/2008
4. UMD’s Climate Action Plan Work Group is looking for MBA volunteers
5. Aspen Institute Center for Business Education releases survey results on the attitudes of MBA students on business & society

6. General Announcements
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I. Smith Net Impact News

1. Silent auction results (to top)
Net Impact would like to thanks everyone who donated items or bid on them! We raised $576.51 which will go toward a scholarship for a student doing a socially responsible summer internship in 2009..

2. Opportunity for Part-time Net Impact Members: Part-Time Board Fellows Coordinator (to top)
There is a great opportunity available through the Net Impact Club to help coordinate the Board Fellows program. Please see the copy below:

Position Description: The Part-Time Board Fellows Coordinator will work with non-profit executives and Smith MBA students to facilitate the Board Fellows program, now entering its third year of operation. In the program, MBA students serve as non-voting members of local not-for-profit organizations and complete a business-related consulting project over the course of several months under the guidance of a Board mentor from the organization. The ideal candidate will have experience and contacts in the non-profit sector as well as the ability to independently facilitate all aspects of the program including conference calls and student/ executive relations. The Part-Time Board Fellow Coordinator will work to facilitate matches between student applicants and organizations, run and schedule kick-off calls, monitor the progress of scope documents and monitor the consulting relationship. Board Fellows coordinator conference calls are held once each month. Estimated time commitment: 5 hours per month.

Please email your resume and statement of interest (300 words max) to Meena Shah by Friday, May 2 at meenanandagopal@gmail.com

II. National/DC Chapter Net Impact News

3. Annual Net Impact Conference 11/13-11/15/2008 (to top)
This is the big one. The annual Net Impact conference will be held at the Wharton School this year. A group of student will be carpooling up together and it should be a lot of fun. If you are interested in attending, email zgirod2009@rhsmith.umd.edu. For more details, visit: http://www.netimpact.org/displaycommon.cfm?an=1&subarticlenbr=1864
 
III. CSR/green Job Postings

4. UMD’s Climate Action Plan Work Group is looking for MBA volunteers (to top)
WANTED: Finance and Marketing MBA students to participate in the Climate Action Plan Work Group, a diverse University task force developing the strategic plan for how UM will become "climate neutral". MBA expertise is needed for the Finance and Outreach (marketing) sub-groups.

The FINANCE SUB-GROUP: Will consider financing options for the plan including whether UM could establish a carbon (offset) fund or a green fund to pay for on-campus investments to reduce greenhouse gas emissions.

OUTREACH (Marketing) SUB-GROUP:  Develop core messages/strategies/tactics for reaching diverse campus community audiences about the Climate Action Plan and develop a marketing and outreach strategy for implementing the plan (2009 onwards).

IF INTERESTED OR TO LEARN MORE: Please contact Heather Lair, Office of Sustainability, hlair@umd.edu or or 301.405.5408.

5. Aspen Institute Center for Business Education releases survey results on the attitudes of MBA students on business & society (to top)
To see the results of the Aspen Institute’s survey see: http://www.aspencbe.org/documents/Where Will They Lead 2008.pdf

Here are some of the highlights of the study:

- Business students in 2007 are thinking more broadly about the primary responsibilities of a company.

- In addition to citing shareholder maximization and satisfying customer needs, more students are also saying “creating value for the communities in which they operate” is a primary business responsibility.

- MBA students are expressing more interest in finding work that offers the potential of making a contribution to society. (26% of respondents in 2007 say this is an important factor in their job selection compared with 15% in 2002.)

- That said, business schools and companies have not convinced them that environmental and social responsibility contribute to corporate financial success.

- Although more students in 2007 than in 2002 believe it is very likely that they will face values’ conflicts on the job, the further they progress through their MBA program the less confident they feel that their business school training is preparing them to manage those conflicts.

IV. General Information and Announcements (to top)

Past Net Impact newsletters and other tidbits can be found on our website: http://www.rhsmith.umd.edu/organizations/net-impact/ 

Would you like to make an announcement in the Net Impact weekly newsletter? Do you have a suggestion for making Net Impact better? Send your ideas to bgottlieb2009@rhsmith.umd.edu  

Net Impact meetings are held in the Dingman Center “Bullpen” every Tuesday from 11:15-12:15. All are welcome to join!