Institute for Business in Society (IBiS)
Business has an urgent need to tell a fresh story about how it interacts with, and contributes to society. More importantly, the world of commerce must develop a new cadre of leaders who function skillfully in unfamiliar territory, which often includes navigating not just the business sector, but also public policy and the influence of non-governmental organizations. Through a combination of case writing, curriculum, external outreach and academic research, the Institute for Business in Society (IBiS) engages executives who understand the new dynamics of business and who, through their example and leadership, make an enormous impact on how commerce is conducted in a global economy with divergent interests and stakeholder demands.
Cases and Teaching Materials
Recent MBA cases include:
- Wells Fargo: Solar Energy for Los Angeles Branches (Decision Analysis)
- Eastman Tritan: Supply chain case on development of industry substitute for Bisphenol-A (BPA).
- World Wildlife Fund and the Coca-Cola Company: A Global Partnership for Freshwater Conservation
- Naandanjain—Every Drop Of Water Counts (Case on irrigation technology)
- New Models of Business in Society: Massive open online course (MOOC) focused on exciting new models of business that are changing the ways companies create value.
- The National Debt: Cross-disciplinary elective engaging students from business, public policy, engineering and other disciplines. Coursework includes student production of public online educational series for young adults about the national debt.
- Field Work in Social Enterprise: Reducing Poverty in Charlottesville: Undergraduate course focused on fostering social enterprise as a path to poverty alleviation.
- P3 Impact Awards: Recognizes the most impactful public-private partnerships improving communities and the world. A follow-on report will be used to develop related teaching materials.
- Tayloe Murphy Resilience Awards: Highlights and supports strong, resilient businesses in Virginia’s most economically-challenged communities.
- Business in Society Conference: Annual conference in coordination with cross-section of student clubs focused on social and environmental impact MBA careers.
- “Mapping and Understanding Business Models”: Analyze and document the multiplicity of models in which businesses create value, and apply insights to describe leading practices for improved relationships among the many stakeholders of business, public policy, regulation and society.
- "Society and the Financial Services Marketplace”: Measure a Financial Capability Index (knowledge, resources and networks) of communities to better understand and encourage economic ecosystems that drive economic resilience and growth.
- “Mission-Driven Management and Leadership”: Program of teaching, research and events to further mission-driven leadership in not-for-profit and other organizational contexts.
Governance and Staff
IBiS staff include the Executive Director and Director, who are responsible for leadership and general operations on all activities, as well as a research associate and communications coordinator. Academic Directors set the research and course development agenda for IBiS. An Advisory Committee of external partners helps identify the most pressing issues for IBiS, and determine the most impactful related activities to advance knowledge and shape business practices.
IBiS receives funding from individual donors, corporations and other grant giving entities.