The Darden School announced last week the launch of a new initiative to help students develop an understanding of the dynamics between business and society.
Dean Krehmeyer, executive director for the new Initiative for Business and Society, said it will look at "how we collectively go about building and sustaining trust in businesses and in the overall marketplace."
The initiative uses case studies rather than lectures, distinguishing it from similar programs at other institutions, Darden spokesperson Julie Daum said.
"[The case studies] force students to think, 'What would you do if you were in charge of this company?'" she said.
Krehmeyer hopes to launch the initiative in spring 2012.
Before announcing the launch of the new initiative, representatives from Darden spoke with multiple corporate leaders, Krehmeyer said. "We look for financial support [as well as] active participation support," he said. "This is where we can draw a lot of insight into the real world."
Krehmeyer said the initiative gives "extra tools" to help students concentrate on the relationship between businesses and government by focusing on "research, general outreach, sharing of practices and delivering improvements."
The new program is one of the Darden School's eight Centers of Excellence, each devoted to a specific topic.
"Often times they represent areas where schools want to develop particular strengths and collaboration with other institutes and other like-minded centers," Daum said. "The centers basically build intellectual capital that ends up in the classroom."
Darden students do not have to apply to the Centers of Excellence, Daum said. Each center contains a group of professors and a general director, and has activities associated with their unique needs.
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