Course

New Models of Business in Society

University of Virginia

In the course "New Models of Business in Society" from the University of Virginia, you will delve into the evolving role of business in society and the creation of value for various stakeholders. Through engaging discussions and real-world examples, you will explore corporate responsibility, philanthropy, sustainability, and conscious capitalism.

  • Discover new models of running an effective business that contributes to societal betterment.
  • Explore the historical context and current issues surrounding corporate philanthropy and social responsibility.
  • Understand the emergence of a stakeholder approach to business and how to create value for stakeholders.
  • Learn how to develop a business idea that generates profits while making a positive impact on the world.

Join this course to gain insights into the interconnectedness of business and society and discover how profits and stakeholder value can go hand in hand.

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New Models of Business in Society
Course Modules

Dive into the course modules to explore the dominant and emerging stories of business, corporate philanthropy, creating value for stakeholders, and becoming a stakeholder entrepreneur.

Business in Society: The Problem

Embark on an exploration of the dominant story of business and the emergence of a new narrative that situates business within a societal framework. Understand the flaws in the dominant story and the impact of the global financial crisis. Gain insights into the new story that is evolving and the role of business in society.

Corporate Philanthropy and Corporate Social Responsibility

Delve into the history and current issues of corporate philanthropy and corporate social responsibility. Understand the environmental crisis argument and the challenges of environmentalism. Explore the role of capitalism in society and the importance of building sustainable value through corporate responsibility and philanthropy.

Creating Value for Stakeholders

Discover the emergence of a stakeholder approach to business and the principles of purpose over profits, interconnection, and no trade-off. Explore examples of creating value for stakeholders, conscious capitalism, and employee engagement. Gain insights into the conscious effort to create value for stakeholders and the principles that guide this endeavor.

Becoming a Stakeholder Entrepreneur

Transition from social entrepreneurship to stakeholder entrepreneurship and explore real-world examples of individuals making a positive difference through their businesses. Gain inspiration from stories like Husk Power, Maggie's Ethical Auto Repair, and Red Goat Records. Understand the potential for one person to make a meaningful impact and the steps toward becoming a stakeholder entrepreneur.

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