Poverty remains a strong reality in the developing world, even in countries that experience high growth rates. It is also on the rise in many – if not all – developed countries. Philanthropic action, public authorities, and international institutions have shown their limits in the fight against poverty. Quite the opposite is true of forward-looking firms, which develop creative market-based solutions to alleviate poverty by collaborating with civil society and public authorities through an ecosystemic approach.
Missions and Objectives of The Program
The aim of the Social Business / Enterprise and Poverty Certificate is to train a new generation of managers, aware of societal challenges and aspiring to be part of the solution, regardless of professional activity.
Across the Social Business / Enterprise and Poverty Certificate, the objectives of HEC Paris and its partners are:
- To train students in innovative business approaches that reduce poverty by offering new economic models in both developed and developing countries
- To investigate new ways of co-creating and distributing wealth to reduce poverty
- To help participants acquire key questioning skills on the role of business in society
- To allow students to incorporate their valuable experience in humanitarian associations into their professional life
The objective is not necessarily for all students to work in inclusive business models upon graduation. Rather, the idea is that students acquire an awareness of the importance of societal issues in their field of work, and – when given the opportunity – that they take a leadership role in their organization.
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: