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Entries in Brown University (16)

Monday
May202013

Innovating Higher-Education 

MOOCs (Massively Open Online Courses) are a very hot topic in higher education and corporate training.Nabeel Gillani started Coursolve.org to connect organizations using MOOCs with students around the world to solve real world problems.  UVa’s Darden School of Business and University of Washington are finding unexpected value and learning by using Coursolve.  We are in a new age of education, and just leave it our students to make sure they are front and center! Nabeel is pursuing a Master’s in Learning and Technology at the University of Oxford’s Department of Education and is also co-founder of Coursolve.org.  He finished his undergraduate education in Applied Mathematics and Computer Science at Brown University in 2012.  You can read more of his thoughts on MOOCs in Stanford Social Innovation Review as well.
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Every Friday, I try to remember how to multiply and divide 2-digit numbers as 9-to-11 year olds at St. Nicholas Primary School show off their math prowess.  Technically, I’m there to tutor them, but often they’re the ones teaching me.  Last Friday was no different:  with 15 minutes left, I walked over to David, a 10-year old math whiz.  Sensing his boredom, I asked him a classic question:  “What do you want to be when you grow up?”  He responded with “A scientist – probably an astronomer.”  And then, he took me to school.

“You know, outer space is like a big spikey ball that keeps on getting bigger,” he said.  I was stunned by his image of an expanding universe.  David proceeded to talk about the origin of black holes and the relationship between time and space.  He then discussed the big bang, conceptualized the possibility of multiple universes, and described “infinity.”  Up until that point, I knew David as the kid who kept talking as we took attendance at the start of each session, but in 15 minutes, he had dropped enough knowledge on me to make a first-year Physics undergrad take notes.

I am constantly reminded that students – many of them less than half my age – are capable of so much.  I spent the past four years at Brown University learning how to play basketball from an elementary schooler and watching 12 year-olds in Providence channel their creativity into building computer games.  Years later and halfway around the world, David gave me one of the most engaging Physics lessons of my life.  By enrolling as a student in formal institutions, what I’ve really done is become the student of other students.  I’ve been lucky to learn from people with unique interests and insights, backgrounds and experiences ready to apply their knowledge to shaping the world.

It is this observation – that students can use their talents to break down barriers and change the world – that has driven the development of Coursolve.  Coursolve is a platform that connects organizations with courses to empower students to solve real-world problems.  Over the past few months, I’ve been fortunate to work with some of my closest friends to explore how a wide range of students, learning both online and offline, can meaningfully contribute to solving hard problems. 

A key partner in this exploration has been Professor Michael Lenox of the University of Virginia’s Darden School of Business.  As a part of his recent massively open online course (MOOC) on business strategy, Professor Lenox invited small enterprises, nonprofits and other organizations to join the course and solicit students to provide strategic analysis and insights as a part of their final projects.

We’ve been inspired by the results so far.  For entrepreneurs like Rajan, who solicited the help of students to significantly alter the course of his biotech startup’s business development, accessing insights from a diverse body of learners was game-changing.  But Rajan wasn’t alone.  Rebecca, co-founder of the Food Recovery Network, discussed the value students added by asking fundamental questions that challenged her existing business assumptions.  Ashutosh, the founder of a not-for-profit online language learning organization, mentioned how guidance he received from one student could help his initiative become financially sustainable. 

Over 100 organizations received, on average, about 4 final strategic analyses each.  Out of over 1,000 survey respondents that identified as part of an “organization”, 60% said they would want to work with students to address their challenges in the future. 87% felt that what they received from the course was worth their time and effort (most organizations – 55% – spent only 2-5 hours per week).  Moreover, over 80% of the respondents felt that people outside of their organizations could provide valuable advice on business challenges.  As for students, over 85% of the survey respondents left feeling confident in their abilities to help businesses address their strategic challenges, and 88% said that having real-world problem solving in future courses was important to them.

These results have given us immense hope for what the future holds.  Our latest partnership is with Professor Bill Howe’s Introduction to Data Science MOOC, where students will have an opportunity to help a wide range of organizations answer important questions by analyzing internal or public datasets.  The 8-week long course started on May 1st, and already, we’ve seen research firms, environmental advocacy groups, and small community organizations post projects.  Since we are especially excited about what students in these settings have to offer, Coursolve is also working directly with course participants to gain insights into how we can improve our social media strategy. 

As Coursolve develops over the next few months with new partnerships and a more robust platform, it will continue to help enable students with different cultural backgrounds, academic interests, and life experiences learn by directly engaging with some of the toughest problems of our time.  If we help open doors to smart people around the world, there’s no telling who will step through —and what they will accomplish.  Who knows, some of them might even teach us a thing or two about the universe. 

Saturday
May112013

Who Are My Heroes? Young Millennial Leaders

Thank you Ted Coine and Shawn Murphy for hosting my post on Switch and Shift! Our youth rock!

Who Are My Heroes? Young Millennial Leaders  
 

 

Wednesday
May082013

When Your Dream Out-Dreams and Do-es You

Thank you to my wise friend Whitney Johnson for hosting my post during the 1 year anniversary of her book, Dare, Dream, Do.  Her encouragement and support are why I'm blogging in Harvard Business Review! You can find her at @johnsonwhitney.
Sunday
Apr282013

Planting SEEEDs of Innovation

Last week, my daughter Chana and I attended the SEEED Conference on Social Entrepreneurship at BrownChana Scofield ('22) & Gladys Ndagire ('14) ~ Sayles Hall, Brown University University.  It was an amazing gathering of those doing, funding, supporting, working in and for social businesses.  These are Chana's thoughts on the first day of the conference.  Chana is 13 years old and in 7th grade.  Yes, I am a proud mom and find her insights cut to the chase.

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While the entire SEEED Conference (Social Enterprise Ecosystem Economic Development) was interesting and enlightening, by far I found the panel “Core Elements for Building a Social Enterprise Ecosystem” the most intriguing. The varying beliefs and experiences of the panelists were highly educational and made the experience all together enjoyable. Dan MacCombie, co-founder of Runa, in particular, cut down to the basic fundamentals of social entrepreneurship by stating the devotion his company had for their cause. There was also discussion over funding for these enterprises, and finding the balance over providing funding for a company based on their cause or the structure of the company. Overall the points were fairly addressed, even with the occasional run-on answer. The metrics of social enterprises were discussed, the overall topic discussion ending when Dan pointed out that the best way to communicate a social enterprise's success and outcomes are (for now) a good story.

Interestingly enough, I pulled more information from that hour and a half panel then I would have from any given day at school. I now have a good enough idea of social enterprises that I feel comfortable weighing in on a conversation or offering up my thoughts. I do believe that funding social enterprises can be extremely difficult. On one hand, an investor doesn't want to invest in a company whose cause they don't believe in. On the other hand, it can be risky to invest in a social enterprise whose company is doomed to fail or doesn't have a stable enough business plan to succeed. It can be very difficult to find that silver lining, especially when the companies are interested in convincing you to invest, and not providing a complete image of how their enterprise actually runs. There is also the fact that in a social enterprise the focus is on the cause, not on pleasing investors. Those who have invested may not receive dividends since this money will most likely be redistributed into the company. For this reason many investors choose to distribute their money into a regularly functioning enterprise versus a social one.

These reasons are why I believe that Allen Kramer and Gladys Ndagire, plus their team, have created something special. What they have created is a $50 Million investment fund whose focus is solely on social enterprises, the New England Impact Capital. They are set to create a list of criteria to help to help them decide which companies to invest in. Seeing the amount of trouble investors have when it comes to social enterprises, this venture capital will benefit both the investor and the company by choosing social businesses whose causes are just and promises a return on investments similar to the average venture capital firm.

The SEEED Conference had given me an understanding of the importance of social enterprises, as well as the difficulties that come when choosing to invest in them. I think it is important for the investor to have full faith in the company and it's cause, as well as the enterprise's stability and business plan. This is why an investment fund based solely on social enterprises like the one Allen and Gladys are creating is not only an exceptional idea, but would provide support for budding social enterprises as well as a safer way to invest. 

Wednesday
Apr242013

Great Innovators Think Laterally

The latest post, co-authored with Ian Gonsher, Associate Director of the Brown Creative Mind Initiative and on the faculty in the School of Engineering at Brown University, in Harvard Business Review