Those of us working with businesses aiming to have a social impact have long promoted the idea that purpose and profit are not mutually exclusive. More recently, a companion idea has emerged. Like so many things at Berkeley-Haas, it was driven by students. This is the idea that you don’t have to wait until you graduate to apply your learning in meaningful ways. At the Center for Social Sector Leadership, we work hard to keep up with the student drive to have an impact, even before receiving their MBA degrees.
Enter Social Impact Metrics, a new MBA course that is offered in partnership with Amgen. The course is designed to advance nonprofit organizations’ ability to measure their programs’ effectiveness. The four participating organizations won a competition out of 16 applicants. Throughout the semester, teams of students will work with each organization to figure out a meaningful way to define and quantify hard-to-measure impact. Continue reading