Today, Harvard Business School’s Dr. Chris Marquis visited Duquesne University, his father’s alma mater, to speak to our MBA Sustainability cohort, professors, and Pittsburgh-area business partners.
Dr. Marquis is an Associate Professor in the Organizational Behavior unit at the Harvard Business School and is affiliated with the HBS Social Enterprise Initiative and Harvard University Hauser Center for Non-Profit Organizations. He teaches the MBA elective Social Entrepreneurship in the Business Sector and a doctoral course on Organizational Theory.
Duquesne professors met Dr. Marquis at the Aspen Institute’s Faculty Pioneers award ceremony in the fall. Dr. Marquis, along with our very own Dr. Sroufe, were both recognized as finalist for the Aspen Institute’s Faculty Pioneer award, dubbed the “Oscars of the business school world” by the Financial Times.
Dr. Marquis’s visit included an open forum discussion regarding the topics of “Social Entrepreneurship and Creating System Level Change”. The discussion included topics like one-for-one models, benefit corporations, and impact investing, and system-level change as a social movement.
The discussion regarding B Corps is especially relevant to those in the cohort working with B Labs for their summer consulting project. Interestingly, there are over 1,000 B Corps nationally, and five in Pittsburgh. Pittsburgh B Corps include Evolve EA, SEEDS, The Big Idea Bookstore, ReWork, and Thread. We are thankful for the relevant and interesting conversation with Dr. Marquis today!
For the second year, a student team from the MBA Sustainability program advanced to the finals of theAspen Institute’s 2014 Business & Society International MBA Case Competition. Fan Ding, Derick Florian, Peter Kassouf and Angela Petitto have returned to the Bluff with a second-place award. The team competed against more than 1,000 other MBA students around the world.
The competition began in March with qualifying rounds at 25 leading graduate business schools. Students analyzed a strategic marketing case and posted their solutions within 72 hours. All students in the MBA Sustainability cohort participated as an extension of a problem-solving consulting course co-taught by Dr. Robert Sroufe, Murrin Chair of Global Competitiveness, and Diane Ramos, associate director of graduate programs and adjunct instructor of leadership and change management. The best solutions from the 25 participating schools were submitted to the Aspen Institute, and five teams advanced to the finals in New York City on April 4. For the second consecutive year, Duquesne students were among the finalists.
The competition focused on a new business case study produced by the Yale School of Management and Tecnológico de Monterrey: San Miguel: Expanding the Amaranth Market, a marketing case about a small Mexican factory processing ancient grain and operating with a social mission.
“Our team outlined a 10-year plan for addressing malnutrition while building San Miguel’s business that included producing amaranth for government and nongovernment nutritional assistance programs; exporting ingredient-branded amaranth flour for high protein, gluten-free and lactose-free products in growing U.S. specialty food categories; and micro-financing amaranth retail operations in Mexico,” said Ramos, explaining the work of students Peter Kassouf, Fan Ding, Derick Florian and Angela Petitto. The team won an $8,500 prize.
“Making it to New York and getting to know the owner of San Miguel on a personal level was truly priceless,” said Petitto, who reported that the physician who founded the social entrepreneurship is eager to engage Duquesne students as ongoing advisors.
“Seeing how seriously the financial community takes social issues was incredibly rewarding,” added Kassouf. “Applying business skills to make the world a better place is exactly the sort of thing I signed up for when I enrolled in the MBA Sustainability program.”
The team’s effort were supported by Duquesne internal round judges and coaches, including Bill O’Rourke, executive director of The Beard Institute; Dr. Ana Siqueira, assistant professor of management; Tom Nist, director of graduate programs; Dr. Jim Burnham, professor emeritus; and alumni in the corporate and nonprofit sectors Marian Mulholland, Jack Ouellette, Marie Fechik-Kirk and Greg Gorse.
Our professor, Dr. Robert Sroufe, was recognized in New York City as a 2013 Aspen Faculty Pioneer Award finalist! Other finalists include, David A. Besanko, Alvin J. Huss Distinguished Professor of Management and Strategy, Kellogg School of Management, Northwestern University; and Christopher Marquis, Associate Professor of Business Administration, Harvard Business School, Harvard University.
The Faculty Pioneers winners were Mauro F. Guillén, a professor at the University of Pennsylvania’s Wharton School of Business who studies management practices in various countries; and Nicola M. Pless, professor at ESADE Business School, Ramon Llull University in Barcelona who researches “Responsible Leadership.”
It is inspiring to see Dr. Sroufe recognized with leaders from top business schools in the world. We have the honor to work with Dr. Sroufe each week in our Sustainability Theories and Models for Innovation course in the MBA Sustainability program, and we our whole cohort is honored to work with him.
One classmate Angela put it perfectly when we were discussing Dr. Sroufe’s recognition, she said” I am not surprised that Dr.Sroufe was selected among so many great applicants. He is a very motivated man and his passion for sustainability is very inspiring to me as a student. He has opened so many doors for me on the possibilities of sustainable practices, and is enthusiastic about their importance. He has been a true inspiration and is a great role model for what we need in order to achieve a sustainable future.”
In New York, Dr. Sroufe was not only recognized as a finalist, but he also spoke at the two-day program hosted by the Aspen Institute. He introduced the sustainability curriculum involved with our program; focusing on the Sustainable Theories and Models for Innovation class that has inspired Angela and the rest of our cohort this semester.
For more on Dr. Sroufe and the Faculty Pioneer Award recipients: http://www.aspeninstitute.org/vi/policy-work/business-society/faculty-pioneer-awards