Published on Jul 1, 2012
Recorded live at the New Economics Institute Strategies for a New Economy Conference on June 9, 2012, Co-Director of the Business & Environment Initiative at Harvard Business School Rebecca Henderson speaks about how her work at Harvard is helping recast business education to integrate issues such as resource constraints into curricula. For years, we've run businesses as if social capital was free, and natural capital was very very cheap, and that is going to change going forward -- this is a major reality that all business school students should be aware of, says Henderson.
Henderson also speaks of reawakening the sense of business' social mission and the difference business can make.
It's sometimes fashionable in the new economy movement to say that business is corrupt or business is evil, but I don't share that view at all, Henderson says. I think a business that's well run is an enormous instrument for human good and a major source of prosperity and freedom -- business is a part of the solution, playing a partnership role with civil society and government so that we build an economy that's in balance with the social and natural worlds.
Visit the Strategies for a New Economy Conference webpage for more information, including videos, resources, and a Storify timeline of tweets from the conference: http://neweconomicsinstitute.org/conf...
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About The New Economics Institute
The New Economics Institute is a US organization that combines vision, theory, action, and communication to effect a transition to a new economy -- an economy that gives priority to supporting human wellbeing and Earth's natural systems. The organization is the successor organization to the 30-year old,well-respected E.F. Schumacher Institute. The Institute is headed by newly appointed President and CEO, Dr. Robert K. Massie and
currently has offices in New York City, NY, and Great Barrington, MA.
The New Economics Institute's multidisciplinary approach employs research, applied theory, public campaigns, and educational events to describe an alternative socio-economic system that is capable of addressing the enormous challenges of our times. NEI current projects include the well-known BerkShares Local Currency Program, the Community Land Trust Program, and the Global Transition Map to a New Economy.
The New Economics Institute Board of Directors include Gar Alperovitz, Jessica Brackman, John Fullerton, Neva Goodwin, Hildegarde Hannum, Eric Harris-Braun, Dan Levinson, Bob Massie, Richard Norgaard, David Orr, Will Raap, Gus Speth, Peter Victor, Stewart Wallis, Timothy Wirth and Susan Witt.
About Rebecca Henderson
Rebecca Henderson is the John and Natty McArthur University Professor at Harvard University, where she has a joint appointment at the Harvard Business School in the General Management and Strategy units and is the Co-Director of the Business and Environment Initiative. She is also a research fellow at the National Bureau of Economic Research. Her work explores how organizations respond to large-scale technological shifts, most recently in regard to energy and the environment. She teaches Leadership and Corporate Accountability and the field study seminar Building Green Businesses in the MBA Program.
Henderson sits on the boards of Amgen and of IDEXX Laboratories, and she has worked with members of the Fortune 100 as well as small, technology-orientated start-ups. She was retained by the U.S. Department of Justice in connection with the remedies phase of the Microsoft trial. In 2001 she was named Teacher of the Year at the MIT Sloan School of Management. Her work has been published in a range of scholarly journals including Administrative Science Quarterly, The Quarterly Journal of Economics,Strategic Management Journal, Management Science,Research Policy, The RAND Journal of Economics, andOrganization Science. Her most recent publication isAccelerating Energy Innovation: Insights from Multiple Sectors, edited jointly with Richard Newell and published by the University of Chicago Press for the National Bureau of Economic Research.