Innovation in Impact Report

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POWERFUL IDEAS FOR A BETTER WORLD Business+Impact regularly hosts and sponsors innovative guest speakers and conferences at the Ross School of Business. Top impact leaders regularly come to campus for events that cut across boundaries and advance innovative, practical solutions to society’s toughest social challenges. It’s all part of our mission to promote powerful ideas for a better world.

IMPACT ARTICLES

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13YR MEMBER OF

RRBM LEADERSHIP

IN MAJOR MEDIA

COMMUNITY OF

RECOGNIZED ROSS AS A

BY MICHIGAN ROSS

SOCIAL INNOVATION

PIONEERING SCHOOL

The Choice II

Igniting Impact

TOP

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FACULTY LAST YEAR

Payday Lending Design Jam In partnership with the School of Information and the Mass Mutual Foundation, Business+Impact brought a Design Jam — an action-packed high-energy brainstorming event — to Michigan Ross and allowed students from across campus to consider alternatives to payday lending. Ideas pulled from the best that banks, credit unions, and lending circles can offer, and resulted in a complete report on lending alternatives for the benefit of stakeholders.

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In 2019, Business+Impact and U-M’s Center for the Study of Complex Systems brought together scholars from across disciplinary boundaries at Michigan, MIT, and Stanford. They pondered big questions about how society should best select the institutions/ methodologies to make choices that help shape society’s ability to flourish. These include markets, organizations, democracy, community, and algorithms. “The Choice II” subjects included society’s intellectual, financial, social, and ecological resources to determine new laws and policies.

In early March 2020, B+I sponsored a conference on business research for social impact. “Igniting Impact: Enhancing Business Practice and Research through Greater Collaboration” was co-sponsored by Aspen Business & Society and Responsible Research in Business and Management. Focused on the UN Sustainable Development Goals, this conference drew top thinkers from business and academia to discuss how business and other disciplines can take greater responsibility for acheiving these goals.


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