social value creation - robert h. smith school of business · 2018-08-24 · in 2016, i invested...

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/CreatingValue @CreatingValue go.umd.edu/csvc The Center for Social Value Creation is creating a better world through business. We bring practical guidance, relevant knowledge and experiential learning to current and future business leaders— starting with our students and alumni. As part of this mission, our focus is to educate, engage and empower Smith students to employ business principles that create economic, social and environmental prosperity. CENTER FOR SOCIAL VALUE CREATION Impact Brief: THE CENTER FOR So cial Value C reati What an incredible time to be working in higher education and toward the goal of "creating a better world through business." Institutions around the globe have started to mobilize, coming together in new ways to address the unprecedented social and environmental challenges of our time. Companies and countries are rallying behind the U.N. Sustainable Development Goals. Colleges and universities are innovating—launching new programs to prepare future leaders to be drivers of economic, social and environmental change. Our center is part of this movement. Looking back on the 2016-2017 school year, our greatest accomplishment was the launch of CSVC’s Principles for Better Business. Through this framework we are ensuring every Smith student is equipped with the knowledge and skills to advance not just the bottom line, but also the world. There’s much more to do. I hope you will take part in our journey. Future business leaders must be prepared to think and act differently, creating new value for both business and society. The Center for Social Value Creation (CSVC) was founded in 2009 in response to this shifting tide. Together we are sparking a movement to make "creating a better world through business," business as usual within the next generation. To all of those who have supported and invested in our work, thank you. We couldn’t do it without you. A special thanks to: Robert D. Kashan '76 John '85 and Margaret Chickering • Richard Novak Smith Family Foundation Goodwill Industries International, Inc. • PricewaterhouseCoopers LLP • Fidelity Foundation To learn how you can engage further with CSVC, visit go.umd.edu/csvc. WE THINK IT CAN DO EVEN BETTER "CSVC’s Principles for Better Business offer a framework for our students and help them understand how they can take part in advancing economic, social and environmental prosperity." —Kimberl Robertea Glinka, CSVC Direcr go.umd.edu/connect 2016–2017 Join our movement Our goals are ambitious and our students require a business education informed by cutting-edge practices in sustainability and corporate social responsibility. Find out how you and your company, foundation or nonprofit can support our efforts to create social value through business. THE CENTER FOR So cial Value Creati CENTER FOR SOCIAL VALUE CREATION Busine has ne a lot of gꝏd THANK YOU

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Page 1: Social Value Creation - Robert H. Smith School of Business · 2018-08-24 · In 2016, I invested deeply in my social value interests and joined the Social Innovation Fellows Program

/CreatingValue

@CreatingValue

go.umd.edu/csvc

The Center for Social Value Creation is creating a better world through business. We bring practical guidance, relevant knowledge and experiential learning to current and future business leaders—starting with our students and alumni. As part of this mission, our focus is to educate, engage and empower Smith students to employ business principles that create economic, social and environmental prosperity.

CENTER FOR SOCIAL VALUE CREATION

Impact Brief:

THE CENTER FORSocial Value Creation

What an incredible time to be working in higher education and toward the goal of "creating a better world through business." Institutions around the globe have started to mobilize, coming together in new ways to address the unprecedented social and environmental challenges of our time. Companies and countries are rallying behind the U.N. Sustainable Development Goals. Colleges and universities are innovating—launching new programs to prepare future leaders to be drivers of economic, social and environmental change. Our center is part of this movement. Looking back on the 2016-2017 school year, our greatest accomplishment was the launch of CSVC’s Principles for Better Business. Through this framework we are ensuring every Smith student is equipped with the knowledge and skills to advance not just the bottom line, but also the world. There’s much more

to do. I hope you will take part in our journey.

Future business leaders must be prepared to think and act differently, creating new value for both business and society. The Center for Social Value Creation (CSVC) was founded in 2009 in response to this shifting tide. Together we are sparking a movement to make "creating a better world through business," business as usual within the next generation.

To all of those who have supported and invested in our work, thank you. We couldn’t do it without you. A special thanks to:

• Robert D. Kashan '76• John '85 and Margaret Chickering • Richard Novak• Smith Family Foundation• Goodwill Industries International, Inc.• PricewaterhouseCoopers LLP • Fidelity Foundation

To learn how you can engage further with CSVC, visit go.umd.edu/csvc.

WE THINK IT CAN DO EVEN BETTER

"CSVC’s Principles for Better Business offer a framework for our students and help them understand how they can take part in advancing economic, social and environmental prosperity."

—Kimberlee Robertella Glinka, CSVC Director

go.umd.edu/connect

2016–2017

Join our movementOur goals are ambitious and our students require a business education informed by cutting-edge practices in sustainability and corporate social responsibility. Find out how you and your company, foundation or nonprofit can support our efforts to create social value through business.

THE CENTER FORSocial Value Creation

CENTER FOR SOCIAL VALUE CREATION

Business has done a lot of good

THANK YOU

Page 2: Social Value Creation - Robert H. Smith School of Business · 2018-08-24 · In 2016, I invested deeply in my social value interests and joined the Social Innovation Fellows Program

In March 2017, CSVC launched its Principles for Better Business at the 9th Annual Social Enterprise Symposium. Taken together, these business principles aim to advance economic, social and environmental prosperity by providing a framework for students to know and reference throughout their academic and professional careers.

These principles will serve as guideposts and the platform by which CSVC designs and organizes our future programming and partnerships. When it comes to doing business better, this is where we start:

Principles for Better Business

To learn more about the Principles for Better Business, visit go.umd.edu/csvc.

Getting involved with the Center for Social Value Creation has been the highlight of my undergraduate career. I discovered CSVC my freshman year as a Social Enterprise Symposium attendee. By the time the event had come to a close, I knew I wanted to learn more about business sustainability and social enterprise.

Through CSVC I have been connected to countless opportunities in social impact and sustainability. In 2016, I invested deeply in my social value interests and joined the Social Innovation Fellows Program (SIF). The SIF experience surpassed my expectations. From the two-hour pop-up challenge, field trips to social enterprises, meaningful class discussions and the social enterprise ecosystem research project, I’ve been inspired and empowered to address social and environmental challenges through business.

"The CSVC community has provided me with new perspectives. I am more confident than ever in my goal to combine my business skills with the issues I care most about: education, personal wellness and sustainability."

Meet Sarina

—Sarina Haryanto, Class of 2018

Change the World Consulting (CTW), CSVC’s signature initiative, matches teams of undergraduate and graduate students with regional nonprofits, helping them address business challenges through semester-long consulting engagements. In spring 2017, a team of graduate students engaged the

SAFE Center of Maryland—an organization dedicated to providing critical services to human trafficking survivors—to develop an economic empowerment plan to help ensure the recovery

of trafficked survivors. The students had diverse skills across business, nonprofit, policy and data analytics, enabling them to envision and create the plan with recommendations for implementation. The SAFE Center has since announced plans to hire a full-time program manager to implement the economic development strategy conceived by the team.

Creating ImpactOUR STUDENTS KNOW BUSINESS CAN CHANGE THE WORLD

Moving ForwardAt the Center for Social Value Creation, we are always looking ahead. Here are just a few of the opportunities we’re working toward in 2017-2018:

SES CELEBRATES 10 YEARSOn March 9, 2018, we will host the 10th annual Social Enterprise Symposium. Save the date for what is sure to be an exciting, inspiring day packed with thought leaders in social enterprise and sustainability, as well as a few special anniversary touches.

BUSINESS PRINCIPLES ON THE ROADOur team is taking the Principles for Better Business on the road. Look for us at the Global Business School Network Conference in D.C., and the National Net Impact in Atlanta this fall.

IMPACT AMBASSADORSAt the start of the new academic year, CSVC will launch the new Impact Ambassadors Program for Smith undergraduates. Impact Ambassadors benefit from exclusive mentoring opportunities and professional connections —they will work hand-in-hand with CSVC to co-design new initiatives.

NEW & FRESH STUDENT SPOTLIGHT PROJECT PROFILE THIS ACADEMIC YEAR: 2017-2018

"The strategic plan and presentation developed by the students exceeded our expectations. Their finished product was on par with something we'd expect from professional business consultants. They were a pleasure to work with."

—Laura Ardito, Deputy Director of the SAFE Center

Embrace stakeholders

Invest in the longterm

Safeguard the natural world

Leverage markets to address societal

challenges

Lead with integrity, transparency and

purpose