Philanthropreneurship Forum Alert

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1/ Millennials are eager to make a difference. How can we equip them with skills and tools to help them become engaged citizens?

In our increasingly interconnected world, it is the responsibility of academic institutions to provide learning opportunities that weave purpose and impact into traditional degree programs.  We want to provide students with the  skills they need to make a difference, as well as an understanding of their responsibilities as engaged global citizens.

At Berkeley-Haas we challenge our students to rigorously define the problem they wish to solve and to equip themselves with a deep understanding of it. .  Once they appreciate the complexity of a problem, they are positioned to develop viable, sustainable solutions.  Our job is to harness students’ passion and energy to problem solve and create impact.

2/ In your opinion, what is the best education approach to instill altruistic leadership and entrepreneurial skills?

Developing leadership for good has been fundamental to the Berkeley-Haas approach.  Students choose to attend Berkeley-Haas because they are attracted to the foundational social conscience that underpins the university.  The school has articulated four Defining Principles that include Questions the Status Quo, Confidence without Attitude, Students Always, and Beyond Yourself. These ideas are embedded in the fabric of the educational experience and our students at Berkeley-Haas because this guiding philosophy resonates with them.

As a public institution supported by taxpayers’ dollars, we believe that we have an obligation to give back to the community that supports us and to create leaders who will engage, challenge, and problem solve.  One of the ways we do this is by infusing experiential learning opportunities into the student experience, particularly in the way we teach entrepreneurship. This approach is core to how we teach, building confidence and competencies in a real world setting.      

3/ Impact measurement plays a key role in strategic approaches to giving. What are in your opinion the most effective measures and tools to gauge impact?

Measuring impact is key to the success of all-strategic giving.  Once you have identified the causes you care about, how best do you channel your giving for greatest return? Through our work at the Institute for Business and Social Impact, we have found that institutions and individuals regularly struggle with how to make the most strategic and effective philanthropic investments to achieve their desired outcomes.

To help individuals and families make informed smart choices, Berkeley-Haas recently launched the Social Impact Collective providing insight, tools, and connections to make personal giving and impact investing more effective.  The Collective encourages deep reflection and discussion of personal values, priorities, problem definition, solution development, and learning from action.

You can also read: How Millennials Will Reshape Business, by Chris Arnold