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Learner Reviews & Feedback for New Models of Business in Society by University of Virginia

4.7
stars
3,976 ratings

About the Course

In this course, developed at the Darden School of Business at the University of Virginia and taught by top-ranked faculty, we will be discussing the emergence of a new story about business. This new story locates business within a societal framework. Almost every business creates or destroys value for customers, suppliers, employees, communities and society, in addition to shareholders and other financiers. A number of new models of business can be built on this idea such as corporate responsibility, philanthropy, shared value and sustainability. Profits and stakeholder value go together, and this course explains how. The final session explores the idea of how to become a stakeholder entrepreneur and create a business that makes money and makes the world a better place....

Top reviews

LY

May 4, 2020

Nice Course..The way of delivering and passion of the professor for inspiring students is excellence..

it helps me to think in a better way about business & Got lot of Insights ...Thank u Professor

PS

May 7, 2020

It was nice to know different ways through which a potential entrepreneur can contribute to the society. I really liked the way Prof. Edward Freeman explained by giving numerous examples. Thank you!

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26 - 50 of 1,119 Reviews for New Models of Business in Society

By Milton B A G

•

Apr 5, 2020

Good course to expand your mind and thinking new models of business nor only to make money, unless to make a better world and have workers more happy, productive and engaged with a big purpose.

The content is excellent but the quality video its not the best (Probably was filmed many years ago) and the evaluation are simple multiple-choice questions.

By PARUL S

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May 8, 2020

It was nice to know different ways through which a potential entrepreneur can contribute to the society. I really liked the way Prof. Edward Freeman explained by giving numerous examples. Thank you!

By Laxman y

•

May 5, 2020

Nice Course..The way of delivering and passion of the professor for inspiring students is excellence..

it helps me to think in a better way about business & Got lot of Insights ...Thank u Professor

By Fatima H

•

May 31, 2020

Thanks to Professor R. Edward Freeman, I am able to think differently about how business can make society better. Not only am I inspired to be a stakeholder entrepreneur, someone who finds a stakeholder relationship that can be improved by starting a business that encompasses both traditional & social entrepreneurship, but I've also gained invaluable new perspectives on how creating value for and balancing the needs of multiple, more preferably ALL, stakeholders allows for an enduring, long term and increasingly synergistic build of business. In his words, "WE HAVE TO BE THE GENERATION THAT MAKES BUSINESS BETTER!!"

By Puteri A K

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May 28, 2020

Coming from engineering academic background, I applied with little expectation of how this course will be like. What caught my interest were two words of 'Business' and 'Society'.

The course is excellent, and each segment offers great concept about what good attributes a business should comply. If I may add couple suggestion: having more attractive visual/presentations and add more real example of business models that align with the course will be very great. Other than that, I think this course is a good start for those who interested in becoming a socially impactful entrepreneur.

By Shampa R D

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Jul 7, 2020

It is a very informative session of four weeks. I have learned about a new business model that incorporates corporate philanthropy & social responsibilities. We get to know about global financial crisis and the effective impact of information technology in the upcoming business growth. I have studied the four flaws of our dominant society. What are the basic purposes of a business model along with its misunderstandings.It aids us how to create values for all the stakeholder.And also, how to be a stakeholder entrepreneur.Overall, it is a exciting journey.

By Rhea N

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May 28, 2020

An amazing course. Absolutely loved how the professor actually engages with the students even when they are not present face-to-face. The interviews and examples given are excellent and relevant.

By Anna

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Jun 29, 2020

A dull and not a very useful course in terms of information. I only recommend it because it's only 4 hours long, free for students and you get a nice certificate for LinkedIn without too much effort (the title of the course is convenient and looks professional on a personal profile).

By Nas

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Aug 9, 2020

Thank you for this amazing course. Through taking this course, I have a new mindset and knowledge of the different types of businesses that clearly exist in our society all around the world to assist people and work to improve our environment and society to move forward. This change in my mindset and perspective has helped me see how businesses operate and function from their point of view as they maintain their purpose and afford to make society. Although not all business work to support the idea later on as they stumble across problems and choose to take an unethical turn or not work to help the environment suitability, this course focuses on the brighter examples to show not all businesses have the same intentions and actions to solve problems and still choose to do the right thing and to improve the lives in the society. Thank you for such insights and knowledge for teaching people that not all businesses are corrupted and evil for doing business in our society.

By Thu H D

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Jan 21, 2024

I don't know whether because I didn't graduate from a business school, haven't run nor built a business, the whole idea about new business models is exactly what I have in mind about businesses, which are purpose comes before profits, profit as well as shareholders are the result, not the strategy, the idea about employee first, etc. Aren't they exactly the things we have all been doing in the past decades now? I have never had the idea about greedy businesspeople that only care about money and profit since I entered the labor market 10 years ago. Maybe by the time this course was published that we were all doing the things based on old story, old business models?

By Nuwaira A

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Sep 15, 2023

The course explores various models of business that can be built upon this concept, including corporate responsibility, philanthropy, shared value, and sustainability. I like how the Professor teaches, he encourages you to explore how you can establish businesses that not only generate profits but also contribute positively to the world, aligning with the idea that businesses can make money while simultaneously making a meaningful impact on society. Working on my business, maternal health solutions in Africa this made me think creatively about the role of business in society and how they can contribute to positive change through entrepreneurial endeavors.

By Egor S

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Aug 15, 2020

THank you, very much, for this course! Thank you, Coursera, thank you, Teacher, thank you University of Virginia! So many interesting and useful information, recomendations, intentions and suggestions! I can confirm from my own business expirience in Russia, Germany, Ukraine, USA and other countries, that all that was told during this course, is true and eactly as it is, So, thank you, for enlightning very important aspects of international and local business. I'm going to use all new knowledges in my professional life and - thanks to all of you - trying to make this life better. God bless you and I wish you all the best. Egor Sonin, Sweden.

By Wiktoria P

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Jan 13, 2021

Big thank you to Professor Mr.Freeman,coursera and UVA for the opportunities like this course...! It was the best hours of my all study time,so much interesting knowledge,full of professionalism... I even let my nights to study here! I'm so happy to end this course with that good grade! It was kinda hard work but how satisfaction... i can't even tell how much all this stuff meaning to me,I"m thankful and proud,both in one. Even if u're from Poland like me and u know english,have a passionate in this topic and want to make world better come here...

By Carlos E S A

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Jul 5, 2020

Confesso que no começo achei que o formato das aulas talvez não fosse o mais estimulante para mim, contudo no final percebi que trouxe mais pessoalidade e proximidade com o professor. E apesar de usar bases já não tão atuais, considerei os pontos positivos, como a qualidade do conteúdo, mais relevantes para levar a minha nota de 5 estrelas.

Aos interessados, incentivo a realização deste curso, pois traz reflexões importantes e tenta criar o protagonismo em cada um dos alunos, estimulando o desenvolvimento e exposição de seus argumentos.

By MARIA P

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Oct 12, 2020

Thank you Mr. R. Edward Freeman for being such an inspired tutor, professor, teacher to us.

In my case, and I am sure in many other cases as well, you’ve managed, within such a short time, to plant the seed of realizing that the time to act is now. Not in one year not in five, but now. To try to change the current approach. To try and bring something new within the current business model, something fresh, maybe small but with a higher perception of the impact, to the community, to my colleagues, to my family, to myself.

Thank you.

By Keita Y

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Jun 16, 2020

When more people than ever are realizing a business that solely focuses on maximizing shareholder profit is unethical, what other options are out there -and what responsibilities do we, members of human society, have? Prof. Freeman's course is a very concise, easy-to-follow introduction to the language of business structures. Whether you're an aspiring entrepreneur or you're critical of capitalism, this class is a great way to learn about how to think about how the role of businesses in society is on the cusp of evolving.

By Gibran B

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Nov 1, 2020

I really liked how the course not only included useful information about business theories but also created awareness about how social theories and business theories need to merge in order to create ethical companies and better working environments. I liked the last part since it provides information but also a message from the Professor to everyone taking the course making it feel even better and providing us inspiration to continue our dreams despite if we think we might never make it.

By 郑雯月

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Sep 1, 2020

I used to hold the view that the course of MBA is profound and I couldn't learn well. After taking the course, I become interested in it, and it makes me think about my business. My major is industry of design which is only a little related to business course. When I begun to take the course, I realized what I learned from this can help me solve some problems in my own daily life. This is not only about business, but also about our life, our relationship and our family and friends.

By haseeb h

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Jun 12, 2020

The instructor was really good and easy to understand. Learned new perspectives like the conscious capitalism, how can you make business profitable for everyone and with the stakeholder theory in mind it is possible but business idea which makes the world a better place like Tom's shoes. It was good when you said entrepreneurs like Bill Gates were on fire when starting out and there is never a good time to start a business you might have many problems but you gotta just do it.

By Ferdinandus R

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May 16, 2020

I liked this course a lot. I don't usually review courses a lot in Coursera. However, this one deserves a lot to be reviewsed. The instructor not only gave me insights of how business nowadays are run. He also encouraged us to create a business. A pack of tips and tricks to start a business. I'd highly recommend this course to anyone who wants to know more about new business models in society. Once again, thank you. I appreciated the instructor (and Coursera obviously) a lot.

By Charmaine G M

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Jun 26, 2020

This course enlightened me with great hope that anyone can be an instrument to have a business that creates value not only money. All the lessons here really helped me a lot to understand more, analyzed deeply and realized critically the importance of corporate social responsibility. Thank you Prof for your expertise and the University of Virginia for this course. Highly recommended!!! And to Coursera, I'm grateful for giving me another opportunity to learn more. GodBless!!!

By Jasper Y

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Jun 8, 2020

Insightful, inspiring, and engaging. The interviews with John Mackey, Kip Tindell, Tom Gardner was the best bits as it grounded and concretize the ideas in the discussion. I learned a lot from Weeks: 1, 3, and 4. A minor criticism is that week 2 sounded the least engaging and the most general. I wish it could be improved further. But this is still a very good course nonetheless. I don’t usually write reviews, but this one is compelling enough warrant one.

By SURIYA V

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Jul 6, 2020

A special thanks to MR.R. Edward Freeman, he explained each and every core concepts of business in society through new models and i really enjoyed this course and the main reason i enrolled this course is to gain knowledge in business aspect and in future to become an entrepreneur.Once again i thank MR. R.Edward Freeman who guided me through out this course journey, also i thank Coursera for giving me this opportunity to learn on their learning platform.

By Boni Y

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May 4, 2020

I learned a lot about how to create a business in the 21st century. The concepts that were discussed in the course are really valuable about creating a differentiated business that delivers value to all stakeholders. All the questions that were asked during the lectures makes you think deeper on how this concepts affect you which reinforces the knowledge gained. I highly recommend to anyone taking and learning more about the new ways of doing business.

By Eurion K

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May 16, 2020

I really enjoyed the course! It is a good introductory course which means that the material isn't too complicated, yet it does challenge the learner to think about how businesses can work better within society and look at working for all stakeholders. I'll be using the material in my dialogues for how to better describe our purpose and to ensure that we review any business case or proposal from all stakeholder perspectives. Highly recommended!