GWSB MBA students earned high honors last month in a case competition that went beyond the bottom line and asked participants to measure the benefits of social entrepreneurship.
The first Innovation in Social Entrepreneurship Case Competition, held Feb.10-12 at Brigham Young University, asked MBA students to create a model for social enterprise organization Fundación Paraguaya and calculate its social return on investment. Fundación Paraguaya develops innovative solutions to poverty and unemployment, and spreads them around the world.
A team of four from GWSB that included MBA students Robin Pollak, Anthony Shop, Michael Nothum and Michael Battaglia, a second-year PMBA student and operations manager for the International Council for Small Business at GWSB, came in second place to the University of Michigan for the model they presented. Other participating schools included Ohio State University, University of Washington and Brigham Young.
“Digging into a real problem faced by a nonprofit organization that lifts people from poverty through entrepreneurship and education was one of the most valuable exercises I have had as an MBA candidate,” Shop said. ”Grappling with the challenges of our time and developing useful solutions is most effective when we combine the on-the-ground experience of Fundación Paraguaya with the frameworks and tools learned in a top MBA program.”
Battaglia said the competition was important because it allowed students to solve real-world problems with a combination of skills emphasized in the GWSB MBA curriculum. “Our matrix is a step in a new direction of creating a new industry standard to judge social enterprise,” he said.
Posted by gwsb on March 9, 2011 | Filed under: GWSB News.