In 2016, 10% of the world population own over 70% of the total wealth in China, Europe, and the United States, while 50% of the population own less than 2% (World Inequality Lab 2018)
In 2017, around 42% of workers (or 1.4 billion) worldwide are estimated to be in vulnerable forms of employment (World Employment Social Outlook, International Labor Organization, 2018 Trends)
In 2018, over 800 million people lived on less than $1.90 a day (World Bank)Rising inequalities are a growing trend that is threatening our world and studies show that the trend will only get worse if we ignore the warning signals Is this situation acceptable and sustainable ? Can we imagine living in a stable and peaceful society In this context ?
Missions and Objectives of The Program
The aim of the Inclusive & Social Business Certificate is to train a new generation of managers, aware of societal challenges and aspiring to be part of the solution, regardless of their professional activity.
The objectives of this Certificate program are:
- To train students in innovative business approaches that do tackle social issues such as poverty, loneliness,…by exploring new economic models in both developed and developing countries
- To investigate new co-creation systems involving civil society, public authorities, businesses, academics, etc..
- To critically analyze firms’ attempts to develop inclusive business models, to understand key pitfalls and success factors
- To develop a good knowledge of specific tools and methods such as Social Impact Assessment, Behavioral Economics in Action, Communities empowerment & Inclusive Business, Ecosystemic Innovation, or Consumer insights, and to understand under which conditions these tools and methods could be used
- To see how students can concretely combine and reconcile a search for meaning and social impact with a business activity, and transform social challenges into economic opportunities
- To become a change agent and realize potential roadblocks you will be confronted with
The Movement for Social*Business Impact (MS*BI) aims at contributing to a more inclusive economy, where businesses seek to maximize both social impact and economic performance.
MS*BI builds on academic research and instruction by the HEC Paris Social Business / Enterprise and Poverty Chair created in 2009. It is managed by the HEC Paris Society & Organization (S&O) Center and the Action Tank Social & Business, an incubator of inclusive business models fighting poverty in France, created by the Chair in 2010.
MS*BI is co-presided by Emmanuel Faber, Chairman and CEO of Danone, and Martin Hirsch, High Commissioner for Active Solidarities and High Commissioner for Youth in the French government between 2007 and 2010, now Head of the Assistance Publique-Hôpitaux de Paris.
It is supported by the following sponsors: