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In a 50-minute interview, Commons contributor Paul Lamb gets up close and personal with Jed Emerson, rock star of a new breed of innovators in the fields of investment and philanthropy. While going into eye-glazing detail about such things as blended value, social returns on investment, and econometric externalities, Paul noses into Jed’s personal life -- discovering, for instance, that while Jed may have been dropped on his head as a kid, that’s not the main reason why he’s dedicated his life to social work. Follow this link to listen to the podcast, and to improve this story by editing the wiki.
Comments
Jed at the Net Impact Conference
I had the pleasure of being centered front row as Jed Emerson gave his talk about blended value at the Net Impact Conference at Stanford Business School in 2005. It was a great learning and visual experience to see the connections on the powerpoint of how we can find balance in our values and economy.
Just over a year ago from that time, I was sitting in entreprenuerial management at Boston University in a class of international students and those who had financial bottomlines on their mind. And I remember asking the professor about measuring the social bottomline and what about metrics around CSR.
With my professor having a traditional way of doing business, the question about measuring corporate social responsibility as it relates to improving reputation and the financial bottomline sounded like an odd notion. Doing a joint program at Tufts University School of Medicine/Emerson College in health communication, I was particularly interested in the blended value, because I wish to find creative solutions to solve public health issues.
Coming from Oklahoma where health care needs a facelift, I am passionate about building healthy communities and healthy families. To paraphrase Albert Einstein, insanity is doing the same thing and getting the result. And I wanted to do something different and learn from the other world--business--how to get the buy-in from the private sector to do more for their employees and customers. So I taking MBA classes was quintessential to my graduate education. Having an interdisclipinary mix of education and practical experience is paramount to developing innovative solutions to our national and local challenges.
And now the notion of blended value is very much real and tangible as highlighted by publications like the Stanford Social Innovation Revew magazine. We have been able to quantify and qualify the information and build a case.
So to Jed for putting the white paper on the internet to spark the discussion and entertain the notion of creating a balanced society and a balanced conscience and ultimately a balanced personal/professional lifestyle.
This is a really excellent
This is a really excellent paper on business and life etc. I've found working for myself the last few years has been much better and stress free then a corporate environment. I try and tell everyone I can if they ever have ideas for businesses to at least give it a shot even if they work find time and try and get a business up and running thats your own. It's very rewarding and satisfying. For product reviews take a look and see what others are saying.