“The last few years have taught us that business leaders can’t afford to stay on the sidelines when it comes to world events. Today’s challenges are increasingly complex and require greater collaboration across stakeholders. The Hub, which will bring academia, industry, government, non-profits, and the broader public together, is an essential part of combatting these challenges, and, ultimately, driving true change and impact.”
- Oded Netzer, Vice Dean for Research and Arthur J. Samberg Professor of Business, Columbia Business School
The Hub is Columbia Business School's new think tank that explores the most pressing issues shaping the world today. It is centered in the belief that solving the most vexing questions requires the collaboration of scholars, practitioners, policymakers, and the broader public. Through research, events, curriculum, and community, The Hub will equip current and future business leaders with the tools necessary to bring about positive change.
We believe that the current societal climate necessitates timely attention and action and that there is an immense opportunity for businesses and policymakers to make a meaningful difference.
Our Current Focus
The theme for The Hub's inaugural term is Business and Society, selected because of the important role that the business world, in general, and business schools, in particular, play in society. Organizations have created tremendous innovation and economic opportunity for all of us, but key questions remain. How can that opportunity be shared? What role should businesses play in societal issues?
Future of Capitalism
At least four forces are pushing for new ideas about capitalism and many potential areas of inquiry arise from these pressures, including: changes in the economic environment; the roles of investors in influencing business decision-making; effects of social movements on business decision-making; and actions by individual firms or groups of firms to address climate change.
Democracy is widely believed to be necessary for the sustainability of markets that encourage investment and innovation to achieve private and social objectives. Democracies are living in a moment of crisis. Business is not isolated from these trends. This initiative will explore the impact of social and traditional media, government regulation, misinformation, and new and emerging technologies on democracy.
Think Bigger Innovations
Large businesses and companies recognize and acknowledge the need to innovate, but often struggle with corporate entrepreneurship at scale. Think Bigger Innovations will address this issue, particularly around innovations with societal benefits. As part of this initiative, S.T. Lee Professor of Business Sheena Iyengar, in collaboration with Shiva Rajgopal, will run The Think Bigger Summit, an annual (or bi-annual) forum.
Faculty from across divisions and disciplines at Columbia Business School and the broader University will work together to address major societal issues through books, research, curriculum development, keynote events, new frameworks and tools, and more.
The Hub is part of Columbia Business School’s broader effort to address societal issues like climate change and social enterprise through our Centers and Programs, including The Tamer Center for Social Enterprise.