The University of Virginia Darden School of Business is starting a program to examine the role of business in society.
The Initiative for Business in Society (IBiS) will prepare leaders to have a positive impact on society through business, the school said.
“The global economic crisis and the resulting patchwork of policy responses have created a new, challenging operating
environment,“ Bob Bruner, Darden’s dean, said in a statement. “IBiS will prepare tomorrow’s leaders and innovate tangible ways that business and society can work together to build a more effective collaboration.“
IBiS will be guided by an advisory committee of chief executives and other highly regarded leaders, the school said. The committee will identify strategic IBiS issues, build new knowledge and develop leading practices and competencies.
The center plans to address wide-ranging issues such as the current regulatory environment, health care, corporate governance, intellectual property rights and trust in businesses and markets.
It will be led by executive director Dean Krehmeyer, who also serves as the executive director of the Business Roundtable Institute for Corporate Ethics.
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