FREDERICTON, May 21, 2013 /CNW/ - The Sandermoen School of Business is the first business school in Canada to offer an MBA and Executive MBA
focused on Social Enterprise Leadership. The surge of recent announcements, political attention and media
coverage pertaining to Social Enterprise is a testament to the rapid
growth of this key sector in the Canadian economy. Responding to the
growing need for leaders in this sector all across Canada, Sandermoen's
new program has been developed with the assistance of some of Canada's
foremost practitioners in the field; and to enhance its accessibility,
it will be offered in a fully-online format.
A Social Enterprise is generally understood to be a business operated or
owned by a not-for-profit organization, established partly to
supplement its public funding and charitable donations. But leading
such a business is arguably more complex than leading a for-profit
business - rather than having a single focus on profitability, Social
Enterprise executives must achieve a "blended value" return on
investment, balancing sustainable profitability with a social mission.
The rise of the Social Enterprise sector will benefit Canada greatly, as
it develops greater resilience and independence within the non-profit
sector by helping organizations to stabilize and diversify their
funding base while enhancing their programs or services. The result:
stronger, more sustainable non-profits and healthier communities.
From retail to services, manufacturing and food services, from the small
local thrift store, up to Mozilla's Firefox and the YMCA, these are all
examples of Social Enterprises that operate successful businesses while
simultaneously addressing social issues. Their missions are diverse:
they may hire people with disabilities, generate revenue for
non-profits, or operate arts and cultural centres.
"Creating Canada's first MBA in Social Enterprise Leadership, to be
delivered fully online, responds to demand from a new generation of
business students and mid-life career changers across Canada who are
seeking more meaningful work, and who need relevant business and
leadership tools" said Dr. David Large, Dean at the Sandermoen School of Business at the University
of Fredericton. "Future Social Enterprise leaders pursuing business careers in
organisations with social missions face challenges which are unique to
the sector. They are managing blended values businesses with two bottom
lines, social mission and financial sustainability. In such a rapidly
evolving environment, Social Enterprise Leaders clearly recognize a
need for very strong management skills while attempting to address
complex social problems at the same time."
The first student to enroll in the Executive MBA Social Enterprise
Leadership program is Sandra Hamilton, a B.C. Partner for Social Impact, business consultant and former business manager to Vancouver Olympic CEO John Furlong, and to well-known Olympic athletes such as Silken Laumann. "The
Sandermoen School of Business is entrepreneurial and is very aligned
with my social values. I am passionate about applying business concepts
to create social enterprises that stimulate rural economic development
and produce vibrant communities. I don't fit the more traditional MBA
profile of a student seeking a career with a global multi- national. I
love the totally online format of this degree program, which allows me
to connect with leading professors in the field of social enterprise.
It is accessible and affordable professional development. Students can
enrol from any community in Canada, or from anywhere else in the
Industry advisor to the Social Enterprise program is David LePage, who has been a strong advocate and educator of enterprising
non-profits for many years. "I think we are at a tipping point in the
sector" said LePage, who is a member of the Social Enterprise Council of Canada and Team Leader at enp
(Enterprising Non Profits). "The Sandermoen MBA students will be at the forefront, challenged by
fascinating and emerging topics quite unlike any other MBA program. The
MBA in Social Enterprise Leadership draws upon the learning of
academics globally and is grounded by the pragmatic leadership of trail
blazing practitioners. This specialty track MBA brings academic rigour
to the social enterprise ecosystem, which is an important component in
the development and professional advancement of the sector." Listen to David's podcast.
Academics have long debated whether non-profit management degrees
belonged in a school of business, public administration or social work.
But over the last fifteen years we have seen a societal shift in
attitudes and witnessed an increase in socially-minded MBAs who bring a
valuable skill set to non-profit organizations running blended value
businesses to achieve their social mission. Hence, it is now certainly
defensible that at least some of the Social Enterprise sector's leaders
receive part of their professional education in a school of business.
"Business acumen combined with technology and experience delivering
online MBA programs provides an ideal platform for accessing emerging
global knowledge and bringing social enterprise academic study
opportunities into every local community. This connectivity facilitates
shared knowledge of the best practices in social enterprise and allows
students to ponder the unique questions arising from executives and
board members operating in the sector" said Dean Large.
This historic academic first comes as Canada prepares to host 1,200
people from over 30 countries at the 6th Annual Social Enterprise World Forum (SEWF) to be held October 2-4, 2013 in Calgary.
Interviews available - Please contact Sandra Hamilton, 250-890-9386 for further information
David Large, Phd, Dean, Sandermoen School of Business
David LePage, enp: Enterprising Non Profits. Social Enterprise Program
Adjunct Sandermoen School of Business
Janice Abbott, CEO, Atira Property Management and Atira Women's Resource
Dan Overall, 5th Annual Social Enterprise World Forum, Calgary, October 2013 Director of
Collaboration & Innovation, Trico Foundation
Sandra Hamilton: First Executive MBA student to enroll in the Social
Enterprise Leadership program
About the Sandermoen School of Business
The Sandermoen School of Business at the University of Fredericton
offers accredited and fully-online MBA and Executive MBA programs in
Global Leadership, Innovation Leadership, and now Social Enterprise
Leadership. It is named after Kjetil Sandermoen, a leadership
consultant working with many of the world's largest corporations. For
more information visit UFred.ca/Sandermoen.
SOURCE: University of Fredericton
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