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Corporate Social Innovation is becoming an integral part of many companies’ focus. This concentration will prepare future leaders and entrepreneurs to innovate, disrupt, and reinvent their business models to serve their stakeholders and society at large. As part of the Rutgers Stackable Business Innovation Program (rSBI), the Corporate Social Innovation Concentration is stackable with the following master's programs: MBA, MBA in Professional Accounting.
As an ever-increasing number of businesses step up to address the great challenges of our time, significant opportunities for social innovation are rising to the fore. More and more businesses are discovering new ways to thrive and prosper at the same time as they address some of the world’s most intractable social and ecological problems. The ability to innovate is now seen as a key driver of business success, and is an essential capacity for companies to sustain their competitive advantage. Many leading corporations are beginning to bring social innovation into the heart of their economic, social, and environmental strategic priorities, plans, and goals. This concentration prepares the leaders of today and tomorrow to create profitable and sustainable business opportunities, motivating and equipping them to innovate, disrupt, and reinvent their businesses to serve all their stakeholders, and society at large.
You can take the course listed below as individual classes or as stackable courses towards the completion of a concentration.
This course helps prepare leaders of today and tomorrow to create profitable and sustainable business opportunities in a world undergoing massive and transformational change. The course provides an overview of "mission driven" and responsibility-centered business practices. Using case studies, guest speakers, group projects and course readings, students will gain broad understanding of the many ways they can pursue positive, innovative and sustainable change, while developing the skills, knowledge and practices for building innovative organizations that contribute to solving complex social, ecological, and economic problems.
In a world where social issues and environmental problems are increasing, society needs skilled problem-solvers who can leverage the tools of entrepreneurship and the resources of business and philanthropy to address these challenges. In this course, students will learn about entrepreneurial approaches to addressing society’s grand challenges. These approaches can be used to create new ventures (social entrepreneurship) or within existing organizations (intrapreneurship) to discover opportunities and direct resources to make positive social impact. The new social ventures and business initiatives that result harness social innovation for the greater good. This course uses case studies, guest speakers, and a team project to help the key concepts come to life.
Increasingly, corporations are being evaluated not only on financial performance, but also on performance along environmental, social, and governance (ESG) dimensions. Responding to demand from various stakeholders, corporations have been providing increasing disclosure on ESG topics through various channels; third-party ratings of ESG performance also abound. In this course, students will (1) be introduced to the different dimensions of ESG performance, (2) learn to navigate the multiple channels of mandatory and voluntary disclosures available on these topics, (3) evaluate the quality of the disclosures, (4) understand the accounting and reporting standards and frameworks governing the disclosures, and (5) become informed users of third-party ratings of ESG performance. The goal of the course is to make students confident users of ESG information.
The concentration and courses are offered by the Management & Global Business Department
Sample Relevant Careers: Sustainability Manager, Social Impact Manager, Business Innovation Manager, Partnerships Manager, Employee Communications Lead, Social Responsibility Manager, Global Sustainability Analyst, Corporate Social Responsibility Analyst, Corporate Affairs Manager, Partnerships and Programs Manager, Culture and Community Coordinator