Getting to Know the Class of 2018: Mark Mallory

Mark Mallory ’18 did his undergraduate work at UVM, earning a degree in community entrepreneurship with a minor in economics. After a period of travel, and gaining experience in sales and real estate management, Mark returned to his alma mater and The Sustainable Innovation MBA. He was interviewed by Isabel Russell, an undergraduate at UVM.

Why did you choose to attend The Sustainable Innovation MBA program?

I chose to attend the program because I want to expand my knowledge of business and sustainability and use that knowledge — and connections made through the program — to propel my career. I have high aspirations to be successful in the business world and make a lasting impact on society.

What has been your favorite part/element of the program thus far?

My favorite aspect of the program has been the collaborative and supportive environment from both the faculty and classmates. I also am enjoying the broad and in-depth curriculum that challenges us every day. I think that what we’re learning is going to very relevant and applicable in the current world and into the future.

What are three things someone considering the program should be aware of?

  1. The program moves quickly. You’ll need to be proactive and manage time well.
  2. The main difference from traditional MBAs is the emphasis on collaboration and teamwork (which I think is very relevant for the modern landscape).
  3. There is a ton of information to soak in. I would advise not to get ridiculously caught up in every little detail that is presented throughout all the courses in the program. Part of this year is to learn more about what interests you and to understand how to leverage the tools that The Sustainable Innovation MBA is giving to go and succeed in the real world. Getting stressed out over small details I think can potentially limit ones ability to maximize their time in the program.

How has The Sustainable Innovation MBA helped you?

The program is giving me the tools that I need to succeed in the business world. We are learning all of the foundations of business, but taking into account how it relates to the world today and how business will look in the future. The collaboration with students from a variety of backgrounds have given me many new perspectives, which I think is helping me grow as an individual and understand new ideas and possible solutions to problems. I have also gained much more insight about career opportunities through the connections I have made.

Alumni in Review: Margaret Arzon, Class of 2017

Margaret Arzon is currently working with the Ethical Shareholder Initiative (ESI) as a business consultant. She was interviewed by Isabel Russell, an undergraduate at UVM.

Why did you choose to attend this MBA program?

To learn the skills and tools necessary to build and run social enterprises.

What was your favorite part about the experience?

Networking, learning about teamwork and leadership, and how to run a business.

How are you applying the tools/skills you learned in the program, post-MBA?

I apply tools and skills from the program every day. Just today I was in a meeting and referenced the business canvas model I created with my team in Module 2, for RevitaFiber, and how some of the questions we received about the business applied to the project I am working on now.

What would you tell someone who is considering the Sustainable Innovation MBA?

Definitely do it.

Alumni in Review: Meghan Whirley, Class of 2015

Meghan Whirley ’15 is currently working as a Sustainability Procurement Manager for Food Service Partners Inc. She was interviewed by Isabel Russell, an undergraduate at UVM.

What have you been up to since graduation?

Following graduation, I moved to northern California and been working in sustainable food systems and institutional purchasing. I first worked at the University of California – Davis as Dining Services’ Sustainability Manager, then in December 2016, I took a position as the Sustainable Purchasing Manager and Account Manager for FoodService Partners based in South San Francisco.

Why did you choose to attend The Sustainable Innovation MBA program? 

I chose the program for multiple reasons. Primarily, I was seeking to transition into a for-profit business role and to take my experience to the next level. The Sustainable Innovation MBA is unique because it provided me with business skills, and the way to leverage my knowledge better, but truly it trained me to look long-term and with a systems-based mentality in every respect.

What was your favorite part about the experience?

Working in teams taught me a lot in how to communicate and work together in a professional capacity, as well as furthering lessons beyond the classroom. I learned so much from all aspects of the practicum experience, not simply from the material but also by working with Aaron Sonk, my practicum partner.

How are you applying the tools/skills you learned in the program, post-MBA?

I learned so much about myself during the year in The Sustainable Innovation MBA, about my strengths and weaknesses. I carry this love of the truth and feedback — as Joe Fusco would put it — everyday. Applying that to each interaction, and reflecting afterwards, has been so helpful. But also I find that I have more skills in project management and thinking broadly and systemically than many of my colleagues.

What would you tell someone who is considering The Sustainable Innovation MBA?

I have told prospective students that if you’re looking for an MBA there are so many great programs, but if they’re seeking to marry business skills with creating positive impacts, long-term results, and problem-solving in a way that isn’t “business as usual,” then UVM’s Sustainable Innovation MBA is the place to go.

 

Getting to Know the Class of 2018: Kaitlin Sampson

Kaitlin Sampson ’18 came to The Sustainable Innovation MBA from the hospitality industry, most recently with Marriott International, where she was an Area Sales & Marketing Manager. She was interviewed by Isabel Russell, an undergraduate at UVM.  

Why did you choose to attend The Sustainable Innovation MBA program?

I wanted to pivot my career path toward work that was more meaningful.

What has been your favorite part/element of the program thus far?

The organizational behavior courses have been my favorite part of the program.  Our courses teach you how to go from a good leader to a great leader and how to use those skills to create a transformational culture within the workplace.

What are three things someone considering the program should be aware of?

The amazing network that the program provides, the diversity in classwork and the diversity of students.

How has the Sustainable Innovation MBA helped you?

It has helped me reflect on my passions and strengths, and given me the confidence in the business world for post SIMBA.

 

Alumni in Review: Chris Howell, Class of 2017

Chris Howell ’17 is currently working as a finance and investment consultant. He was interviewed by Isabel Russell, an undergraduate at UVM.  

What have you been up to since graduation?

I’m currently working with mission-driven businesses who are raising investment money to fund expansion: structuring a Series A for a SaaS business, working with a farm to purchase additional land, and advising an equity crowdfunding platform.

 Why did you choose to attend this MBA program?

I chose the UVM MBA program to deepen my Vermont network and broaden my business skill set.

What was your favorite part about the experience?

My favorite part of the experience was the people. The academic experience was top notch—thanks to the professors, staff, and classmates who worked hard to create a supportive and engaging learning environment.

How are you applying the tools/skills you learned in the program, post-MBA?

Working on diverse consulting projects after the program has allowed me to use the broad range of tools we learned—from organizational design to finance and venture capital.

What would you tell someone who is considering the Sustainable Innovation MBA?

Dive in. The program was an exceptionally challenging and immensely rewarding learning experience.

 

Tech Start-Up Helps Farmers Grow More, Waste Less

This article was written by Margaret Arzon ’17 and originally appeared at PYXERAGlobal.org. Margaret is currently a Business Strategy Consultant.

Accessing Information through Mobile Technology Gives Smallholder Farmers Much-Needed Support

Walking through the streets of India, it’s hard not to notice the plethora of fresh fruits and vegetables that line the sidewalks, pretty much everywhere you go. Just a short 30-minute drive out of the city center lands you in acres of cultivated fields where many of these crops originate.

Roughly 50 percent of India’s workforce is devoted to agriculture. This demographic is common in many other emerging and frontier countries where a dominant proportion of the population relies on farming for its livelihood. Smallholder farmer is a title given to people who own less than five acres of arable land. The vast majority of smallholder farmers live in a cyclical pattern of poverty as they struggle to access markets and sell their products at the best price. Lack of market access means that farmers often lose money, even in a high growth season, and a perfectly good harvest goes to waste. With such a fragmented system in rural areas, it is extremely challenging for farmers to generate a profit to support themselves and their families.

Lack of market access means that farmers often lose money, even in a high growth season, and a perfectly good harvest goes to waste. With such a fragmented system in rural areas, it is extremely challenging for farmers to generate a profit to support themselves and their families.

Smallholder farmers are not insignificant. Collectively, they represent 500 million farms around the world and employ approximately 2 billion people. They are responsible for about 80 percent of the food consumed in Asia and Sub-Saharan Africa. As the global population size charges toward an estimated 9 billion by 2050, the demand on smallholder farmers to increase crop yield will only continue to rise, along with the critical need to mitigate post-harvest losses. Analysts predict that food access will need to increase by 70 percent to feed 2 billion additional people on the planet, and production in developing countries would need to almost double. Food security is a global issue, and one that requires partnerships across all sectors to solve.

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Whole Foods Features Alumnus-Founded Sap! As Part of Its Top 10 Food Trends for 2018

Whole Foods Market, the mission-driven food retailer that bills itself as America’s healthiest grocery store, has released its Top 10 Food Trends for 2018, and the list features Sap!, a Vermont maple water beverage producer co-founded by entrepreneur Chas Smith ’15, a member of the pioneer cohort of The Sustainable Innovation MBA.

Coming in at number ten in the list of trends to try is a category of beverages — flavored sparkling water — that Whole Foods dubbed “the other bubbly:”

“There’s an entire booming category of sparkling beverages vying for consumer attention. Just don’t call them “soda.” These drinks are a far cry from their sugary predecessors.”

Whole Foods urges consumers to try Sap! and a number of other options.

Sap! was launched by Chas, his cousin Nikita, and his father Charlie, and took flight while Chas was working toward his MBA here at UVM. Their company is fueled by their passion for the maple and birch industry, their dedication to Vermont and the working landscape, and their excitement to build a company that embodies these values.

Sap! bills its products as non-alcoholic beverages made from 100 percent natural maple syrup and healthy alternatives to sugar-sweetened drinks. Sap! products can be found in Vermont, throughout New England, New York City, and worldwide on Amazon.

UVM’s Sustainable Innovation MBA Ranked No. 1 Best Green MBA in America by ‘The Princeton Review’

This article was written by Jon Reidel and originally appeared at UVM.edu.

Six years ago when Sanjay Sharma took over as dean of the Grossman School of Business, he set his sights on an ambitious goal: to become the top MBA program in the country for sustainable innovation.

On the rise. UVM has been ranked No. 1 on The Princeton Review’s 2018 list of “Best Green MBA” programs. (Photo: Sally McCay)

That dream became reality on Oct. 31 when The Princeton Review ranked the University of Vermont Grossman School of Business’ Sustainable Innovation MBA program No. 1 on its 2018 list of “Best Green MBA” programs. UVM took over the top spot from the University of Oregon, which dropped to No. 4 behind second-place Yale and Portland State, followed by No. 5 Stanford.

The decision to replace a traditional 38-year-old MBA program with the nation’s first one-year AACSB-accredited MBA focused entirely on sustainable innovation seemed risky, but according to Sharma, was perfect timing. A growing demand by companies seeking managers to convert global sustainability challenges into business opportunities for triple bottom line performance – a measure of a company’s financial, social and environmental impact – was undeniable.

“We were fortunate that the Vermont brand and UVM’s strengths and identity resonated with the sustainability ethos,” says Sharma. “While it was a major risk for the school, we decided to take a big leap and go ‘all in’ because we were convinced that the future of business education was to educate managers for tomorrow so that they could develop profitable business solutions to societal needs and demands for the next 50 years.”

The “Best Green MBA” rankings are based on students’ assessments of how well their school is preparing them in environmental/sustainability and social responsibility issues, and for a career in a green job market. The Grossman School of Business’ Sustainable Innovation MBA was also included in The Princeton Review’s list of the 267 Outstanding On-Campus MBA programs. This list was based on data from surveys of 23,000 students attending the schools and of administrators at the graduate schools.

Worldwide practicums with top companies, access to exclusive job network set program apart.

A number of aspects of UVM’s Sustainable Innovation MBA set it apart from other programs. The course curriculum, based entirely on sustainability and innovation, is delivered by world class faculty in this arena under four modules: foundations of management; building a sustainable enterprise; growing a sustainable enterprise; and focusing on sustainability.

Following coursework, students engage in a three-month practicum – a capstone experiential project to address issues such as poverty, climate change, and the environment – with companies like PepsiCo, 1% For the Planet, Philips, Ingersoll Rand, Burton, Keurig, and Facebook. Students traveled to India, Mexico, Ghana, Brazil, Denmark, China, Kenya, and Guatemala to complete practicums, which have led to sustainability and innovation-related jobs at Ben & Jerry’s, King Arthur Flour, Pottery Barn, Seventh Generation and others.

Students also have access to a new career management system called “Launch” designed to propel them into careers in renewable energy, clean tech, affordable health care, inclusive business, entrepreneurship within larger companies, start-ups, and other innovative ventures. The program’s Changemaker Network, composed of more than 125 companies and individuals focused on sustainable business, puts students in direct contact with mentors who help them land jobs within the program’s condensed 12-month format.

“We devote one hundred percent of our energy to creating a robust back end that injects people into an opportunity network that helps students realize their personal and professional dreams,” says professor and Sustainable Innovation MBA co-director Stuart Hart, the world’s leading authority on the implications of environment and poverty for business strategy. “If you are a student interested in figuring out how to use the power of business and enterprise to make a positive impact on the world, that’s all we do.”

The Princeton Review ranking comes on the heels of a No. 8 ranking by Corporate Knights – a Toronto-based media and research company focused on clean capitalism – in its “Better World MBA Rankings.” The UVM program moved up two spots from last year and is now ranked third among U.S. schools, trailing only Duquesne University and MIT’s Sloan School of Management.

Corporate Knights ranks programs based on the number of core courses, institutes and centers, and faculty research produced in the last three years related to sustainability, including corporate responsibility, human rights, and ethics.

“We are excited to teach and help launch the next generation of innovative leaders who will create the kinds of transformative sustainable business models and strategies that the world demands,” says professor and co-director David Jones. “We are also honored to have our unique MBA program recognized by these organizations after just our third cohort of graduates.”

Innovator in Residence: Marilia Bezerra Offers Nine Lessons and One Question

This post was written by Sarah Healey ’18.

Marilia Bezerra spoke recently to The Sustainable Innovation MBA cohort as the third Innovator in Residence for the year. She is the Managing Partner at CARE Enterprises, CARE’s social enterprise venture that links producers in the world’s poorest communities with the formal markets necessary for those producers to sell their products and services. It focuses on business ventures with the potential for exponential growth and to become game-changers in the fight against poverty.

Marilia’s life has led her on a career path full of sharp turns and road blocks that created her story.

In telling her story she offered nine lessons and pieces of advice to
aspiring entrepreneurs:

Nine Lessions…

  1. Figure out how to become the connective tissue for the problems we need to solve. A fundamental ingredient for all of us stepping into the world is to figure out how to connect people to each other to solve problems.
  2. Telling your story can be limiting.
  3. Be keenly aware of your privilege –- Bezerra talked about how she won the privilege lottery. She grew up during a relatively stable time in Brazil and was raised in a middle-class family that afforded her opportunities in life, but gave her a sense of value of the most basic things.
  4. If you are going to say something, know what it means. When using metrics, many of the numbers mean nothing. For example, the calculation of how many lives a program touched. What Bezerra learned was to ask yourself what it means three time when stating metrics and figures. If at any point you cannot answer, then the metric likely does not have meaning.
  5. Sometimes you will need to take sharp turns to figure out what you are doing, and you need to just go for it! Life takes weird turns, close your eyes and say, ‘Mom & Dad, I got this.’
  6. Fundraising is like running a marathon — it is going to be uncomfortable, but you just keep running through it until it gets better.
  7. How you feel now is not going to last — Bezerra talked about the importance of needing to detach yourself from your story for a point in time. This powerful mechanism allows you to step outside and detach from life to get past the disruption.
  8. Take time off & really take it! –- it is tempting to think about what is next, but Bezerra talked about the importance of taking a real break when you are burnt out.
  9. After doing cool things, the expectation of what is next can be limiting. When you are taking a break and looking for the next steps, people will ask what is next, but do not let that limit your story.

…And One Question

Bezerra finished with a question for aspiring entrepreneurs: How are you going to get really good at working at the edge of chaos?

An MBA Finds Cold Comfort In Solving A Nation’s Food Waste

This article was written by Taylor Ralph ’17 and originally appeared at GreenBiz.com. Taylor is currently an Agricultural Supply Chains Consultant at SSG Advisors.

 

This spring, a global manufacturer of industrial refrigeration equipment asked me and another MBA candidate — eager, passionate students with a slew of newly minted sustainable business pedagogies in our quiver — to explore emerging market opportunities that also tackled global social and environmental issues. Our project was a result of the company’s strategic focus on tackling major world issues that go beyond eco-efficiency, such as food loss.

Sellers at a warehouse in São Paulo, Brazil, unload a truck of unrefrigerated watermelons.

My classmate Brett Spusta and I began the project with two parameters: we’d be exploring the issue of food loss and we’d be doing so in Brazil. Beyond that, it was up to us to narrow the scope of our research, develop a team of research partners on the ground, ask the right questions and formulate strategies that could produce cold chain innovation, create meaningful social and environmental impact and be scaled.

It was an MBA student’s dream come true.

What began as a cumbersome undertaking crystallized into a specific, surprising and insightful set of actionable recommendations tailored to Brazil’s unique market.

Continue reading “An MBA Finds Cold Comfort In Solving A Nation’s Food Waste”