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Inside the Initiative
The Strategy
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We
hope to provide an unparalleled educational experience that forges deep
connections among students, policymakers, non-profits and business changemakers.
— Melissa Carrier,
Executive Director, Social Value Creation
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The Center for Social Value Creation innovates at the intersection of
public policy, non-governmental organizations and the commercial sector to
address social market failures. We offer students an educational core competency
for exploring and solving the business model issues that currently limit
organizations in their pursuit to do well by doing good.
Characteristics of our strategy include:
- Utilizing market-based methods — exploiting market
principles and methods of capitalism to establish commercial viability;
- Creating synergies — partnering across functions and
disciplines so that students get many perspectives on social responsibility
— from technology to public health to public policy.
- Maximizing public/private partnerships — designing
structures that fill the gap in public policy and NGO services;
- Promoting innovation — emphasizing the
use of technology and adapting business methods to build sustainable
organizations;
and
- Focusing on systematic change — analyzing and repairing
social market failures.
Our mission is to develop global leaders and nurture enterprises that address
world challenges through social innovation, economic prosperity, and sustainable
change. The center has three primary areas of focus:
Social Entrepreneurship, Environmental Sustainability, and Business Model
Innovation.
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