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Transforming Business Education through Social Innovation: from Exalting Heroes to Engaging our Humanity

Author

Listed:
  • Lerzan Aksoy

    (Fordham University)

  • Hooria Jazaieri

    (Northwestern University)

  • Yuliya Komarova Loureiro

    (Fordham University)

  • Katherine Milligan

    (Fordham University)

  • Jeffrey Nesteruk

    (Franklin and Marshall College)

  • Raj Sisodia

    (Babson College)

Abstract

Our world is faced with complex challenges that include poverty, hunger, lack of education, gender inequality, sustainability, and climate change. These issues cannot be addressed by government action alone and requires the business world play an important role. Despite the many effort of companies to address social responsibility in the last decade however, capitalism continues to suffer a crisis of trust. Many organizations lack the awareness, mindset, frameworks, and knowledge to efficiently and effectively make progress in providing solutions to these systemic challenges, while also ensuring business performance. The authors argue that business schools are uniquely positioned and have a responsibility to contribute to this cause as educators of the business leaders of tomorrow. A landscape survey of social entrepreneurship / social innovation (SE/SI) education with 66 institutions of higher education and in-depth interviews with 8 social intrapreneurs from diverse career tracks reveals significant challenges as well as opportunities for creating this paradigm shift in business schools. This research uses insights from these two studies to provide an overview of the current state of SE/SI in business education and provides recommendations for institutions of higher education to pave a pathway forward for future leaders who will use business to create positive social change.

Suggested Citation

  • Lerzan Aksoy & Hooria Jazaieri & Yuliya Komarova Loureiro & Katherine Milligan & Jeffrey Nesteruk & Raj Sisodia, 2019. "Transforming Business Education through Social Innovation: from Exalting Heroes to Engaging our Humanity," Humanistic Management Journal, Springer, vol. 4(2), pages 239-259, December.
    • Handle: RePEc:spr:humman:v:4:y:2019:i:2:d:10.1007_s41463-019-00068-4
    DOI: 10.1007/s41463-019-00068-4
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    References listed on IDEAS

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    1. Chris Laszlo, 2019. "Strengthening Humanistic Management," Humanistic Management Journal, Springer, vol. 4(1), pages 85-94, July.
    2. Jeffrey D. Sachs, 2017. "Globalization—In the Name of Which Freedom?," Humanistic Management Journal, Springer, vol. 1(2), pages 237-252, April.
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    Cited by:

    1. Irene Daskalopoulou & Athanasia Karakitsiou & Zafeirios Thomakis, 2023. "Social Entrepreneurship and Social Capital: A Review of Impact Research," Sustainability, MDPI, vol. 15(6), pages 1-29, March.
    2. Michael Pirson & Lerzan Aksoy & Sertan Kabadayi, 2019. "Social Innovation and the Future of Business and Business Education," Humanistic Management Journal, Springer, vol. 4(2), pages 119-124, December.
    3. Beatrice Villari, 2022. "Designing Sustainable Services for Cities: Adopting a Systemic Perspective in Service Design Experiments," Sustainability, MDPI, vol. 14(20), pages 1-15, October.

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