Mark Albion
Encyclopedia
Mark Albion is an American
United States
The United States of America is a federal constitutional republic comprising fifty states and a federal district...

 author of values-based business literature, professor, and social entrepreneur. He received his post-secondary degrees from Harvard University
Harvard University
Harvard University is a private Ivy League university located in Cambridge, Massachusetts, United States, established in 1636 by the Massachusetts legislature. Harvard is the oldest institution of higher learning in the United States and the first corporation chartered in the country...

, including a BA in Economics
Economics
Economics is the social science that analyzes the production, distribution, and consumption of goods and services. The term economics comes from the Ancient Greek from + , hence "rules of the house"...

, a joint MA/MBA and a joint PhD in Business Economics
Business economics
Business economics as a field in applied economics uses economic theory and quantitative methods to analyze business enterprises and the factors contributing to the diversity of organizational structures and the relationships of firms with labour, capital and product markets...

 from Harvard University
Harvard University
Harvard University is a private Ivy League university located in Cambridge, Massachusetts, United States, established in 1636 by the Massachusetts legislature. Harvard is the oldest institution of higher learning in the United States and the first corporation chartered in the country...

 and Harvard Business School
Harvard Business School
Harvard Business School is the graduate business school of Harvard University in Boston, Massachusetts, United States and is widely recognized as one of the top business schools in the world. The school offers the world's largest full-time MBA program, doctoral programs, and many executive...

. During his graduate studies, Dr. Albion was mentored by Professor John V. Lintner
John Lintner
John Virgil Lintner, Jr. was a professor at the Harvard Business School in the 1960s and one of the co-creators of the Capital Asset Pricing Model....

 (whose work was awarded the Nobel Prize
Nobel Prize
The Nobel Prizes are annual international awards bestowed by Scandinavian committees in recognition of cultural and scientific advances. The will of the Swedish chemist Alfred Nobel, the inventor of dynamite, established the prizes in 1895...

 in 1990). From 1982 to 1988, Dr. Albion served as an Assistant Professor and then as an Associate Professor at Harvard Business School
Harvard Business School
Harvard Business School is the graduate business school of Harvard University in Boston, Massachusetts, United States and is widely recognized as one of the top business schools in the world. The school offers the world's largest full-time MBA program, doctoral programs, and many executive...

, where he taught retail management and marketing
Marketing
Marketing is the process used to determine what products or services may be of interest to customers, and the strategy to use in sales, communications and business development. It generates the strategy that underlies sales techniques, business communication, and business developments...

 classes. Dr. Albion was featured by 60 Minutes
60 Minutes
60 Minutes is an American television news magazine, which has run on CBS since 1968. The program was created by producer Don Hewitt who set it apart by using a unique style of reporter-centered investigation....

 as one of the top young (under 40) business-school professors in the country.

In 1986, his mother's battle against cancer
Fallopian tube cancer
Primary fallopian tube cancer , often just tubal cancer, is a malignant neoplasm that originates from the fallopian tube.-Frequency:...

 prompted Dr. Albion to reflect upon his goals and the role of business in alleviating our world’s suffering. That year, he connected with responsible business leaders who in 1987 formed the Social Venture Network
Social Venture Network
The Social Venture Network is a network of socially responsible business leaders committed to building a just and sustainable world through socially and environmentally sustainable business. As of 2007, SVN has over 430 members in the United States....

 (SVN). In the summer of 1988, Dr. Albion left Harvard Business School
Harvard Business School
Harvard Business School is the graduate business school of Harvard University in Boston, Massachusetts, United States and is widely recognized as one of the top business schools in the world. The school offers the world's largest full-time MBA program, doctoral programs, and many executive...

 to develop a community of service-minded MBAs.

Dr. Albion became a pioneer in inspiring MBAs to leverage business principles to build a better world. In 1993, Dr. Albion and a few other SVN
Social Venture Network
The Social Venture Network is a network of socially responsible business leaders committed to building a just and sustainable world through socially and environmentally sustainable business. As of 2007, SVN has over 430 members in the United States....

 members co-founded with 13 MBA students Students for Responsible Business (SRB). SRB was renamed Net Impact
Net Impact
Net Impact is a nonprofit membership organization for students and professionals interested in using business skills in support of various social and environmental causes. It serves both a professional organization and one of the largest student organizations among MBAs in the world...

 in 1999. With Liz Maw as its Executive Director since 2004, Net Impact
Net Impact
Net Impact is a nonprofit membership organization for students and professionals interested in using business skills in support of various social and environmental causes. It serves both a professional organization and one of the largest student organizations among MBAs in the world...

 currently supports over 260 autonomous volunteer-run chapters and a membership base of over 20,000, with programs and networking events centered on topics such as corporate social responsibility
Corporate social responsibility
Corporate social responsibility is a form of corporate self-regulation integrated into a business model...

, social entrepreneurship
Social entrepreneurship
Social entrepreneurship is the work of social entrepreneurs. A social entrepreneur recognizes a social problem and uses entrepreneurial principles to organize, create and manage a venture to achieve social change . While a business entrepreneur typically measures performance in profit and return, a...

, social enterprise
Social enterprise
A social enterprise is an organization that applies business strategies to achieving philanthropic goals. Social enterprises can be structured as a for-profit or non-profit....

 management, nonprofit management, social intrapreneurship
Social intrapreneurship
Social intrapreneurship is the action of a social intrapreneur. A social intrapreneur is someone who works to develop and promote practical solutions to social or environmental challenges and acts as a social entrepreneur inside a major organization...

, international development
International development
International development or global development is a concept that lacks a universally accepted definition, but it is most used in a holistic and multi-disciplinary context of human development — the development of greater quality of life for humans...

, and environmental sustainability.

Since 1986, Dr. Albion has given over 600 speeches at business schools
Business school
A business school is a university-level institution that confers degrees in Business Administration. It teaches topics such as accounting, administration, economics, entrepreneurship, finance, information systems, marketing, organizational behavior, public relations, strategy, human resource...

 and universities on 5 continents. Dr. Albion's work in helping successful leaders achieve positive social and environmental change through business principles was featured in numerous publications, including BusinessWeek
BusinessWeek
Bloomberg Businessweek, commonly and formerly known as BusinessWeek, is a weekly business magazine published by Bloomberg L.P. It is currently headquartered in New York City.- History :...

 (where in 1997 he was dubbed ‘the savior of business school souls), Lifestyles of Health and Sustainability (LOHAS
LOHAS
Lifestyles of Health and Sustainability is a demographic defining a particular market segment related to sustainable living, "green" ecological initiatives, and generally composed of a relatively upscale and well-educated population segment. The author Paul H...

), and Fast Company
Fast Company (magazine)
Fast Company is a full-color business magazine that releases 10 issues per year and reports on topics including innovation, digital media, technology, change management, leadership, design, and social responsibility...

. Between 1995 and 1996, Dr. Albion was tasked by the United Nations
United Nations
The United Nations is an international organization whose stated aims are facilitating cooperation in international law, international security, economic development, social progress, human rights, and achievement of world peace...

 to lead a research team to uncover key success factors to develop young socially responsible global leaders. He presented the results of this research in an official speech to the United Nations
United Nations
The United Nations is an international organization whose stated aims are facilitating cooperation in international law, international security, economic development, social progress, human rights, and achievement of world peace...

 in 1996. Based on his 1997 published story and similar work by others, in 2008, Mark's created the 3-minute animated movie "The Good Life Parable" produced with Free Range Studios
Free Range Studios
Free Range Studios is a messaging firm based in Washington, D.C. and Berkeley, California. They are notable for their services and films promoting social change.- Beginnings :...

. Winner of four sustainability
Sustainability
Sustainability is the capacity to endure. For humans, sustainability is the long-term maintenance of well being, which has environmental, economic, and social dimensions, and encompasses the concept of union, an interdependent relationship and mutual responsible position with all living and non...

 awards in 2009 (Wild and Scenic Environmental Film Festival, Hot Springs Environmental Film Festival, American Conservation Film Festival, Appalachian Summer Festival), the "Good Life Parable" was selected to be distributed to 61M potential viewers through the Outside TV Outside Film Festival Program on Sunday nights between November 2010 and November 2011. From 2009 to 2010, Dr. Albion served in the Office of the President to help integrate social values and sustainability into the college, and founded the inaugural AshokaU
Ashoka: Innovators for the Public
Ashoka: Innovators for the Public is a nonprofit organization based in Arlington, VA, supporting the field of social entrepreneurship. Ashoka was founded by Bill Drayton in 1981 to identify and support leading social entrepreneurs through a Social Venture Capital approach with the goal of...

 Changemaker Campus Team at Babson College
Babson College
Babson College is a private business school located in Wellesley, Massachusetts near Boston.- History :Babson College was founded by Roger Babson on September 3, 1919, as the Babson Institute. It was renamed "Babson College" in 1969...

. In 2010, Dr. Albion received the Indiana University
Indiana University
Indiana University is a multi-campus public university system in the state of Indiana, United States. Indiana University has a combined student body of more than 100,000 students, including approximately 42,000 students enrolled at the Indiana University Bloomington campus and approximately 37,000...

 Johnson Center for Entrepreneurship and Innovation ‘Entrepreneur of the Year Award’ in recognition for his contributions to social entrepreneurship
Social entrepreneurship
Social entrepreneurship is the work of social entrepreneurs. A social entrepreneur recognizes a social problem and uses entrepreneurial principles to organize, create and manage a venture to achieve social change . While a business entrepreneur typically measures performance in profit and return, a...

, social innovation
Social innovation
Social innovation refers to new strategies, concepts, ideas and organizations that meet social needs of all kinds - from working conditions and education to community development and health - and that extend and strengthen civil society....

 and sustainable business
Sustainable business
Sustainable business, or green business, is enterprise that has no negative impact on the global or local environment, community, society, or economy—a business that strives to meet the triple bottom line. Often, sustainable businesses have progressive environmental and human rights policies...

. In 2011, he was named one of the top 100 most trustworthy business leaders by Trust Across America.

Dr. Albion is the author of 7 books, including Making a Life, Making a Living (New York Times Best Seller), True to Yourself, and More Than Money: Questions Every MBA Should Answer. In addition, Dr. Albion published a variety of columns in publications such as Aish.com and Fast Company
Fast Company (magazine)
Fast Company is a full-color business magazine that releases 10 issues per year and reports on topics including innovation, digital media, technology, change management, leadership, design, and social responsibility...

, as well as over 160 newsletters. Published from 1996 to 2008, Dr. Albion's newsletters have reached millions of readers across 87 countries. Dr. Albion lives in Dover, MA with his wife, Joy. They have two daughters, Amanda, and Nicolette.

Several themes run through Dr. Albion’s writings:
  • Don’t become good at something you don’t want to do – Many times, we are told that we are good at something, and that’s that, we keep doing it even though we might be passionate by something completely different.
  • Don’t live a deferred life plan – When considering career changes, we always find reasons to delay. But after making a change, most professionals wish they had done it sooner.
  • Choose a community, not a job - Professionals that are happiest at work often say it is because of their relationships with colleagues and clients. At business schools, We primarily practice analytical skills, not relationship building skills. However, don’t forget the importance of a community of respect and friendship for personal and professional fulfillment and success.
  • Plant trees under whose shade you will never sit – Including unreachable goals to our lives add meaning to our life and energy to our work as they connect us with something bigger than ourselves.
  • Values-based business leaders need to balance approaches from monks, architects, and diplomats in order to grow and expand businesses that maximize social, environmental and economic value.

Professional Recognition & Press Acknowledgments

  • Trust Across America – 2011 Top 100 Thought Leaders in Trustworthy Business Behavior
  • Indiana University Johnson Center for Entrepreneurship and Innovation - 2010 Entrepreneur of the Year Award
  • Wild and Scenic Environmental Film Festival - 2009 Official short-film selection, The Good Life Parable . "The Good Life" takes you to a chance meeting between an MBA and a fisherman on a small island. As the MBA tries to teach the fisherman about business, the fisherman teaches him about life.

Board Service & Volunteer Work

  • Bainbridge Graduate Institute
    Bainbridge Graduate Institute
    The Bainbridge Graduate Institute is based in Bainbridge Island, Washington and Seattle, Washington. BGI offers an MBA in Sustainable Business, an MBA in Sustainable Systems and a Certificate in Sustainable Business. BGI's unique and pioneering curriculum infuses social- and...

     – Board Member
  • Experience Corps - Board Member
  • Jay Chiat International Awards for Strategic Excellence in Social Strategy - Judge
  • MIT $100K Business Plan Competition – Judge
  • Net Impact
    Net Impact
    Net Impact is a nonprofit membership organization for students and professionals interested in using business skills in support of various social and environmental causes. It serves both a professional organization and one of the largest student organizations among MBAs in the world...

     – Co-Founder and Board Member
  • Presidio Graduate School – Board Member
  • Social Venture Network
    Social Venture Network
    The Social Venture Network is a network of socially responsible business leaders committed to building a just and sustainable world through socially and environmentally sustainable business. As of 2007, SVN has over 430 members in the United States....

     – Innovation Award Judge
  • William James Foundation – Socially Responsible Business Plan Reviewer and Judge


Books & Articles (selected)

  • Monk, Architect, Diplomat: Three Types of Leadership are Needed to Build an Organization (Stanford Social Innovation Review, Fall 2010).
  • More Than Money: Questions Every MBA Needs to Answer (Berrett-Koehler Publishers
    Berrett-Koehler Publishers
    Berrett-Koehler Publishers is a book publishing company in San Francisco, California, that publishes books on progressive business practices, current events, and work/life issues.- History :...

    , 2009). Hardcover, BBC
    BBC
    The British Broadcasting Corporation is a British public service broadcaster. Its headquarters is at Broadcasting House in the City of Westminster, London. It is the largest broadcaster in the world, with about 23,000 staff...

     unabridged CD set in 3 languages.
  • Turn Your Values into Value (Journal of Values-Based Leadership, Summer 2008).
  • True to Yourself: Leading a Values-Based Business (Berrett-Koehler Publishers
    Berrett-Koehler Publishers
    Berrett-Koehler Publishers is a book publishing company in San Francisco, California, that publishes books on progressive business practices, current events, and work/life issues.- History :...

    , 2006). Paperback, Library CD set; 3 Languages; BusinessWeek
    BusinessWeek
    Bloomberg Businessweek, commonly and formerly known as BusinessWeek, is a weekly business magazine published by Bloomberg L.P. It is currently headquartered in New York City.- History :...

     video on book, titled "Profit and Purpose"
  • Leading a Values-Based Business (Kellogg School of Management
    Kellogg School of Management
    The Kellogg School of Management is the business school of Northwestern University in Evanston, Illinois, downtown Chicago, Illinois and Miami, Florida. Kellogg offers full-time, part-time, and executive programs, as well as partnering programs with schools in China, India, Hong Kong, Israel,...

    , Summer 2006).
  • Foreword in Lawler Kang, Passion at Work (Pearson/Prentice Hall
    Prentice Hall
    Prentice Hall is a major educational publisher. It is an imprint of Pearson Education, Inc., based in Upper Saddle River, New Jersey, USA. Prentice Hall publishes print and digital content for the 6-12 and higher-education market. Prentice Hall distributes its technical titles through the Safari...

    , 2006, pp. xvii-xxiv).
  • Finding Work That Matters (Sounds True, 2002) 3-CD audio series
  • Making a Life, Making a Living: Reclaiming Your Purpose and Passion in Business and in Life (Warner Books, 2000). Hardcover, Paperback, Abridged CD set "In Search of True North" ( Prince of Wales
    Charles, Prince of Wales
    Prince Charles, Prince of Wales is the heir apparent and eldest son of Queen Elizabeth II and Prince Philip, Duke of Edinburgh. Since 1958 his major title has been His Royal Highness The Prince of Wales. In Scotland he is additionally known as The Duke of Rothesay...

     Publications, 1996).
  • Business Decision Making (co-author, Edward Hoff; Prentice Hall
    Prentice Hall
    Prentice Hall is a major educational publisher. It is an imprint of Pearson Education, Inc., based in Upper Saddle River, New Jersey, USA. Prentice Hall publishes print and digital content for the 6-12 and higher-education market. Prentice Hall distributes its technical titles through the Safari...

    , 1986)
  • Manufacturer Advertising and Retail Gross Margins (co-author, Paul Farris), in P. Bloom, ed., Advances in Marketing and Public Policy (JAI Press, 1987, pp. 107-136).
  • Advertising's Hidden Effects (Auburn House, 1983)
  • The Advertising Controversy (co-author, Paul Farris; Auburn House, 1981)
  • The Effect of Manufacturer Advertising on Retail Pricing (Marketing Science Institute
    Marketing Science Institute
    Founded in 1961, the Marketing Science Institute is a corporate-membership-based organization dedicated to bridging the gap between marketing theory and business practice...

    , December 1981).
  • Determinants of the Advertising-to-Sales Ratio (co-author, Paul Farris; Journal of Advertising Research, No. 21, February 1981, pp. 19-27).
  • The Impact of Advertising on the Price of Consumer Products (co-author, Paul Farris; Journal of Marketing, No. 44 Summer 1980, pp. 17-35). Award-winning "seminal" article remains required reading in many university's marketing courses.
  • Appraising Research on Advertising's Economic Impacts (co-author, Paul Farris; Marketing Science Institute
    Marketing Science Institute
    Founded in 1961, the Marketing Science Institute is a corporate-membership-based organization dedicated to bridging the gap between marketing theory and business practice...

    , 1979)
  • The Structure of Retail Chain Incidence (Harvard University
    Harvard University
    Harvard University is a private Ivy League university located in Cambridge, Massachusetts, United States, established in 1636 by the Massachusetts legislature. Harvard is the oldest institution of higher learning in the United States and the first corporation chartered in the country...

    , December 1979).
  • The Determinants of the Level of Advertising and Media Mix Expenditures in Consumer Goods Industries (Harvard University
    Harvard University
    Harvard University is a private Ivy League university located in Cambridge, Massachusetts, United States, established in 1636 by the Massachusetts legislature. Harvard is the oldest institution of higher learning in the United States and the first corporation chartered in the country...

    , January 1976).


Columns (selected)

  • Making a Life, Making a Living (ML2) Newsletter, 1996-2008.
  • Net Impact
    Net Impact
    Net Impact is a nonprofit membership organization for students and professionals interested in using business skills in support of various social and environmental causes. It serves both a professional organization and one of the largest student organizations among MBAs in the world...

    : "Generation AND" Column, 2003-2004 - Monthly column addressing priorities and tradeoffs facing MBAs who are trying to build a transformational career, make a living and have a fulfilling personal life.
  • Fast Company
    Fast Company (magazine)
    Fast Company is a full-color business magazine that releases 10 issues per year and reports on topics including innovation, digital media, technology, change management, leadership, design, and social responsibility...

    : "Build Brand U" Column, February 2000 - May 2001.
  • MyPrimetime: "Career Callings" Column, 2000-2001.
  • Aish.com: Business Ethics Columns, 2000-2001. Articles included The Workplace Covenant , Just Like Me , and Work That Matters .
  • Career Central for MBAs: March 1998 – October 2000.


Speaking Engagements (selected since 2009)

  • Annual BALLE
    Business Alliance for Local Living Economies
    The Business Alliance for Local Living Economies is a growing North American alliance of nearly 60 fully autonomous local business networks with their own names, missions, and initiatives, representing about 20,000 US and Canadian entrepreneurs. All networks share a commitment to Living Economy...

     Conference: Lighting the Way to a New Economy "Key Opportunities and Challenges of Local Living Economy Businesses" (May 2010).
  • Distinguished Entrepreneur of the Year "More Than Money: Creating a Career that Reflects Your Values" (April 2010). Keynote for the students, staff and faculty of the Kelley School of Business
    Kelley School of Business
    The Kelley School of Business is a top-ranked American business school operated by Indiana University. As of 2009, approximately 5,500 full-time students are enrolled on its Bloomington campus, as well as 1,750 students at the Indianapolis campus...

    , Indiana University
    Indiana University
    Indiana University is a multi-campus public university system in the state of Indiana, United States. Indiana University has a combined student body of more than 100,000 students, including approximately 42,000 students enrolled at the Indiana University Bloomington campus and approximately 37,000...

    , as the first social entrepreneur accepting this award (followed Jack Stack
    Jack Stack
    Jack Stack is the founder and CEO of SRC Holdings, a company comprising more than 35 separate companies. SRC's companies do everything from consulting to packaging to building high-performance engines. Stack went to SRC in 1979 as the Plant Manager of International Harvester after eleven years of...

     (2009) and Herb Kelleher
    Herb Kelleher
    Herbert D. Kelleher is the co-founder, Chairman Emeritus, and former CEO of Southwest Airlines .-Life and career:...

     (2008)]. Presented at the Johnson Center for Entrepreneurship and Innovation, ranked as the #1 U.S. public university in entrepreneurship.
  • The Greater Than Conference "The Importance of Community Engagement in Corporate Strategy" (July 2009). Keynote in Portland, ME to 300 businesspeople on the strategic corporate value of community service.
  • National Conference on Volunteering and Service "Responding to the New World: Role of Service as Solution to Today's Challenges" (June 2009). Opening keynote for business track of San Francisco conference of 4500, followed by moderating two business panels on the role of volunteer service in difficult times.
  • MBA Career Services Council Annual Conference "Business Schools Under Fire: Developing Meaningful Careers in Turbulent Times" (June 2009). Closing keynote to 400 MBA career officers in Phoenix, AZ, based on the MBA CSC's 2009 book club selection, More Than Money.
  • Conceptualizing Conscious Capitalism "Reforming Business Education" (May 2009). Keynote for conference of 250 held at Bentley College
    Bentley College
    Bentley University is a private co-educational university in Waltham, Massachusetts, west of Boston. Founded in 1917 as a school of accounting and finance in Boston's Back Bay neighborhood, Bentley moved to Waltham in 1968...

     for the Conscious Capitalism Institute.
  • Investor's Circle "Designing Successful Mission-Aligned Exits from Our Companies" (April 2009). Involved with Investor's Circle since inception, this closing keynote (with Judy Wicks) to the 300 investors gathered in San Francisco was based on his research for 'True to Yourself', and personal experience at Kinko's.
  • Doing Good and Doing Well Conference
    Doing Good and Doing Well
    The Doing Good and Doing Well Conference is Europe's leading student-run event on responsible business. The conference is a two day event with interactive panel discussions on key topics related to responsible business and organisations that attracts both professionals and students from around the...

     "More Than Money: Questions Every MBA Needs to Answer" (February 2009). Keynote to 750 MBAs at IESE
    IESE
    IESE Business School is the graduate business school of the University of Navarra. IESE has campuses in Barcelona, Madrid, and New York City and teaching facilities in Munich and Sao Paulo...

    , Barcelona
    Barcelona
    Barcelona is the second largest city in Spain after Madrid, and the capital of Catalonia, with a population of 1,621,537 within its administrative limits on a land area of...

    , Spain
    Spain
    Spain , officially the Kingdom of Spain languages]] under the European Charter for Regional or Minority Languages. In each of these, Spain's official name is as follows:;;;;;;), is a country and member state of the European Union located in southwestern Europe on the Iberian Peninsula...

    where he also moderated two panels, one on sustainability and non-profits, the other on how to make the business case for community investing. Dr. Albion also had been the keynote speaker for the first "DGDW" conference in 2004. .


External links

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