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Dean Jon Levin and Professor Neil Malhotra: Social Innovation at the Stanford GSB

May 10, 2022
by
Stanford Graduate School of Business
YouTube video player
Dean Jon Levin and Professor Neil Malhotra: Social Innovation at the Stanford GSB

TL;DR

Business leaders and students need to navigate the complexities of social impact and political tensions in order to build strong institutions and address societal challenges.

Transcript

[MUSIC] So welcome, really terrific to see everyone here for reunions. And I have to say it's really incredible pleasure to get to bring back spring reunions after a pause for for two years and feel the energy and just have you all here and hope you all get to enjoy that and benefit from it. I'm really glad to have Professor Neil Malhotra here, we'... Read More

Key Insights

  • 👨‍🏫 The COVID experience has highlighted the importance of collaboration and relationship-building in the business school environment.
  • 👨‍🏫 The business school is engaging in exciting collaborations, such as the establishment of a new climate and sustainability school.
  • 👨‍🏫 The school is focused on social impact, with programs and initiatives that promote social entrepreneurship and innovation.
  • 💯 Business leaders need to navigate political tensions and societal challenges while staying true to their core values.
  • 👨‍💼 The role of business in society is evolving, with a greater emphasis on social responsibility and environmental sustainability.
  • 👨‍💼 Students at the business school are interested in combining entrepreneurship with social impact, aiming to use the power of organizations and businesses to make the world a better place.
  • 🥺 The business school emphasizes the importance of ethical leadership and leading with values to inspire trust and engagement.

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Questions & Answers

Q: How has the COVID experience affected the appreciation for the business school environment?

The COVID experience has brought a renewed appreciation for the unique environment of the business school, highlighting the importance of collaboration, discussion, and relationship-building.

Q: What collaborations is the business school currently engaged in with the university?

The business school is currently collaborating with the university to start a new climate and sustainability school, which aims to bring together business, science, engineering, and climate modeling to address important environmental challenges.

Q: What is the state of the school in terms of student and faculty achievements?

The school is in a strong state, with brilliant students and faculty. In the past two years, two faculty members have received Nobel Prizes, showcasing the school's commitment to academic excellence and impactful research.

Q: What are some examples of social entrepreneurship companies that have come through the Center for Social Innovation program?

Two examples of social entrepreneurship companies that have emerged from the program are a company that replaces dirt floors in Rwanda to improve living conditions and a company that provides childcare benefits for hourly workers to alleviate a major source of stress for this group.

Summary & Key Takeaways

  • Business School Reunions: After a two-year pause due to the pandemic, reunions at the business school have brought back the energy and appreciation for the unique environment of campus.

  • Renewed Appreciation: The COVID experience has highlighted the importance of collaboration, discussion, and relationship-building in the business school environment, reminding everyone of its special nature.

  • Strong State of the School: The school is thriving, with brilliant students and faculty, as well as exciting collaborations with the university, such as the new climate and sustainability school.


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