Yale SOM is known for its commitment to “blending the sectors.” Where does entrepreneurship fit in to this blending process?
- How does entrepreneurship differ in the private and social sectors?
- One of the core beliefs of the early SOM was that leaders and managers could use the same toolbox in the social sector and in the private sector. Is there a cross-sectoral management toolbox?
- Increasingly we have seen leaders in the private sector invoke social values in running their businesses. What challenges and/or opportunities face a private sector entrepreneur who tries to marry social value creation with profit making?
Sharon M. Oster
Frederic D. Wolfe Professor of Management and Entrepreneurship, Director, Program on Social Enterprise, Yale School of Management
Seth Goldman '95
Co-Founder, President, and TeaEo, Honest Tea
Neal Keny-Guyer '82
CEO, Mercy Corps
Linda A. Mason '80
Chair & Co-Founder, Bright Horizons Family Solutions
Chuck Slaughter YC '85, '90
Founder & CEO, Living Goods, Founder and former President, TravelSmith
Watch a video about how Living Goods works with micro-entrepreneurs to deliver products that can change the lives of people living in poverty.
Frederic D. Wolfe Professor of Management and Entrepreneurship
Director, Program on Social Enterprise, Yale School of Management
Sharon Oster served as dean of the Yale School of Management from 2008 to 2011. She is a specialist in competitive strategy, microeconomic theory, industrial organization, the economics of regulation and antitrust, and nonprofit strategy. She has written extensively on the regulation of business and competitive strategy. Professor Oster's book, Modern Competitive Analysis, used widely at management schools, integrates a broad range of views in its analysis of management strategy and emphasizes an economic approach to strategic planning. Her second book, Strategic Management for Nonprofit Organizations, takes the same economic approach to managing nonprofit organizations. Professor Oster has consulted widely to private, public, and nonprofit organizations.
Co-Founder, President, and TeaEo
Seth Goldman is President and TeaEO of Honest Tea, the company he co-founded out of his home in 1998 with Barry Nalebuff of the Yale School of Management. Today, Honest Tea is the nation’s top selling organic bottled tea, and is carried in more than 100,000 outlets. In March 2011, Honest Tea was acquired by The Coca-Cola Company, helping to further the reach and impact of Honest Tea’s mission.
The company continues to deepen its relationship with Fair Trade USA, expanding its support of suppliers in India, China, and South Africa. Honest Tea has initiated creative marketing partnerships with TerraCycle, Arbor Day Foundation and IndoSole, and was ranked by The Huffington Post as one of the leading "8 Revolutionary Socially Responsible Companies."
Seth serves on the boards of the American Beverage Association, Bethesda Green, Beyond Meat, Happy Baby, Repair the World, and Yale School of Management Board of Advisors, and sits on the Advisory Board of Net Impact. In 2011, Seth was appointed by Governor Martin O’Malley to the Maryland Economic Development Commission. Seth and Barry are the authors of Mission in a Bottle: The Honest Guide to Doing Business Differently -- and Succeeding, the story of how they created and built a mission-driven business in a profit-driven world with Honest Tea, published by the Crown Business division of Random House in September, 2013.
Neal Keny-Guyer is a social entrepreneur committed to creating a more just and peaceful world. He holds a B.A. in Public Policy and Religion from Duke University, an M.A. in Public and Private Management from Yale University, and an honorary Doctor of Humane Letters from Portland State University, Oregon.
Keny-Guyer joined Mercy Corps in 1994 as Chief Executive Officer. Under his aegis, Mercy Corps has emerged as a leading international humanitarian and development organization with ongoing operations in 40 countries, a staff of 4,000, and an operating budget of over $300 million. Keny-Guyer has forged new directions at Mercy Corps, most notably implementing global mergers and strategic alliances, placing human rights, civil society and social entrepreneurship at the forefront of Mercy Corps’ humanitarian mission, and building an organizational reputation for groundbreaking, innovative programming in the world’s toughest environments.
Neal Keny-Guyer is on the Board of Trustees of the Yale Corporation and also serves on the Yale President’s Council on International Affairs and the Board of Advisors of the Yale School of Management (SOM). In addition, he serves on the Boards of InterAction (as Chair), ImagineNations, and the Nike Foundation’s Advisory Board. Neal Keny-Guyer lives in Portland, Oregon, with his wife, Alissa, who is an Oregon state legislator. They have three children.
Chair & Co-Founder
Bright Horizons Family Solutions
Ms. Mason is chair and co-founder of Bright Horizons Family Solutions, the largest world-wide provider of worksite early education. The company operates more than 750 child development centers for employers in 45 states and Europe. The company employs over 20,000 people and serves more than 80,000 families. Bright Horizons was selected by Fortune magazine in January 2013 for the 14th time as one of the “100 Best Companies to Work For in America.” Ms. Mason also co-founded Horizons for Homeless Children, a Boston-based organization that serves the needs of homeless children throughout the Boston area.
Prior to Bright Horizons, Ms. Mason managed large-scale refugee relief operations overseas. She served as Co-Country Director of Save the Children's emergency program in Sudan, serving 400,000 famine and war victims. She also directed a large feeding program for children in Cambodian refugee camps along the Thai border.
She currently serves as Chair of Mercy Corps, and also serves on the boards of the Carnegie Endowment for International Peace, the Packard Foundation, Horizons for Homeless Children, and the Yale School of Management Board of Advisors.
Linda received her BA from Cornell University and her MBA from the Yale School of Management.
Founder & CEO, Living Goods
Founder and former President, TravelSmith
Chuck earned a BA in Architecture and a Master’s in Public and Private Management from Yale. In 1991 he founded TravelSmith, a leading travel wear company, and grew it to over $100 million in catalog and web sales. In affiliation with private equity firm Golden Gate Capital, he participated in the acquisition and turnaround of major consumer brands with combined sales over $2 billion including Spiegel, Norm Thompson, and Express. As pro-bono president, Chuck led the turnaround of the HealthStore, a system of franchised clinics in Africa. In 2007 Chuck founded Living Goods, the ‘Avon of pro-poor products’, that empowers micro entrepreneurs to deliver life-changing products to the doorsteps of people in need.
Chuck serves on the boards of Three Day Blinds, The Initiative for Global Development, the Goldsmith Foundation, and the Yale School of Management Board of Advisors. He received an Ernst and Young Entrepreneur of the Year Award, a Draper Richards Fellowship, and is a World Economic Forum Social Entrepreneur of the Year for 2013. He lives in Sausalito, California with his wife Molly and sons, Cooper, Riley and Jackson.