Video

Creating Social Value

More and more organizations are focusing on injecting ideals of social entrepreneurship, corporate social responsibility and environmental sustainability into their operations. This good global citizenship intersecting with successful business practices is the core of social value creation.

In this edition of Smith Business Close-Up with the University of Maryland’s Robert H. Smith School of Business, Melissa Carrier discusses how creating social value is an important business strategy and one the Smith School is focused on as it prepares students to lead in a world that needs both economic prosperity and transformative social change. Carrier is joined by Yonas Beshawred, a Smith senior actively involved in the school’s partnership with the Ashoka Changemaker Campus program.

Ashoka, a nonprofit network of social entrepreneurs, selected the University of Maryland as one of four U.S. campuses to participate in its inaugural “Changemaker Campus” pilot program. The goal is to develop a model for future university-based initiatives that will promote innovation and social change. Carrier, executive director of social value creation, is heading up Smith’s efforts – along with faculty, staff and students from across the University of Maryland campus – to build on the school’s leadership in programs and research that encourage the creation of social value and socially responsible business practices.

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Creating Social Value through Innovation - Executive Director Melissa Carrier discusses smart companies that are incorporating more sustainable operations and positive social impact
Sustainability in Practice - Professor Rachelle Sampson discusses the economics of sustainability
Transform Your World Film Festival - A report on the May 2009 Terp Changemakers event
Africa Trip for MBAs - Jason Lee featured on Smith Business Close-up to discuss his work in Burkina Faso with Engineers Without Borders
Are Electric Cars the Answer to High Gas Prices? - Professor David Kirsch explores the history, future and lessons learned in the electric car industry
Developing 21st Century Leaders - Dean Anand discusses the importance of social entrepreneurship and sustainability in business education
“The State of Smith” - Dean Anand's State of Smith Address to faculty, staff and student leaders on January 30, 2008
Social Responsibility: The Importance of Doing Good - an interview with Director Melissa Carrier
Cherry Kwunyeun featured on Maryland Public Television’s Smith Business Close-up Program