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Economics, Business, and Finance

Professor discusses business models of faith-based organizations

Les Dlabay, Professor of Business, presented a Professional Development Workshop at the Academy of Management Meetings in August on “Business Models of Faith-Based Organizations: The Integration of ‘Prophet’ and ‘Profit.’”

The session was attended by professors from Japan, Thailand, Denmark, Singapore, South Africa, and the United States. Interactive activities provided participants with an understanding of the contributions of faith-based organizations (FBOs) for creating sustainable business enterprises  in developing economies, emerging markets, and base-of-the-pyramid (BoP) settings. The workshop emphasized the economic benefits of micro-loan programs, business training, value chain facilitation, and community  transformation activities. Dlabay serves on the boards of Bright Hope International, which emphasizes business development through microfinance programs, and Andean Aid,which provides tutoring assistance to school-age children in Colombia and Venezuela.