Business Strategies for a Better World

Business Strategy Specialization

 “Today business is not just about making money, it is about serving a larger social purpose. It’s about problem-solving , it’s about serving your community, it’s about inspiring people.”

– Katherine Klein, Professor of Management; Vice Dean and Director, Wharton Social Impact Initiative

Wharton’s Business Strategies for a Better World Specialization online program will set your career and your business on the road to success by learning evidence-based strategies to achieve sustainable social impact: profits with purpose. You’re not just interested in making money. You’re interested in making a difference in the world too.

This business strategy specialization course was designed to give you the tools and strategies you need to create measurable social impact around the world — whether your impact goal is to create jobs, to reduce malnutrition, or to increase access to environmentally-friendly and affordable housing, or to make a positive difference in some other way.

The goal of the Business Strategies for a Better World Specialization is to teach you how to apply effective business strategies to real-world problems through a deep understanding of the global practices and trends shaping the world today.

Why Study Business Strategies for a Better World?

Every day, we see high-level government officials resigning, governments changing, hundreds of thousands of people standing in squares, holding up signs, and often risking their lives to protest imbalances in the world. It’s critically important to the health of our societies to understand what people are protesting against, so we can create innovative and effective business solutions.

  • According to the Deloitte Human Capital Trends 2018 report, 77% of business and HR leaders around the world rate “citizenship and social impact” as important or critical to their strategy and identity as a corporation.1
  • In the same report, it is noted that 86% of millennials believe the success of a business should not just be measured by financial performance.
  • Approximately 63% of consumers feel that ethics and ethical issues are becoming more important. 2

Program Details

Start Dates: 

4 weeks per course

2-3 hours per week

Program Format:
100% Online

Program Tuition:


Watch the video to learn about the power of this Wharton Certificate.

Video Transcript

Katherine Klein: “Today business is not just about making money, it is about serving a larger social purpose. It’s about problem-solving , it’s about serving your community, it’s about inspiring people. Our students are coming to us and saying, ‘I want to join a business that has a social impact. I want to have a career that allows me to pursue my purpose and fulfil an impact.’”

Mauro Guillen: “This specialization offers learners a way to grow professionally, a way to acquire new skills and new perspectives.”

Phil Nichols: “The application of business techniques, experiences, tools to social goals is a relatively new field.”

Katherine Klein: “Understanding how is the role of business changing? How can business really contribute? What does this mean for the way we do business?  What does this mean for profits? What does this mean for impact? Wharton is very focused on these issues – from the faculty, from the students, and from our alumni, who are really pioneers in the field.”

Phil Nichols: “Business Strategies for a Better World will provide students with the skills to help their purpose-driven business thrive.”

James D. Thompson: “There are four courses, they range from Global Trends right through to Corruption, and include Social Entrepreneurship and Business Strategies for Social Impact. This specialization offers learners cutting-edge Wharton education delivered by Wharton professors, and gives learners the ultimate convenience and flexibility.”

Katherine Klein: “Anyone who is working in business, who is contemplating a career in business, who is leading a business will get a sense of what it means to have a purpose – how you create that and define that, and nurture your sense of purpose, and how you put it into action.”

Mauro Guillen: “This specialization is all about helping people make an impact on the world above and beyond the profit mode.”

James D. Thompson: “So anybody interested in social impact, social innovation, but have never taken formal courses in this space, are likely to benefit greatly from this.”

Katherine Klein: “We’re all more motivated when we know that we’re working to solve social issues, solve environmental challenges, or working for a company that we’re proud of. So if you want to attract great talent, be a company that people are proud to join.”

Phil Nichols: “Society expects more from business than it expected 10, 20 years ago. And anyone who’s operating in the business sphere needs to understand how they can use their business to act in a socially responsible and mature way.”

Business Strategies for a Better World Program Courses

leadership 21st Century - Looking through Telescope


Duration: 4 weeks (2-3 hours/week)

In this course, you’ll learn to analyze rapidly changing global trends, their effects on consumer and labor markets, financial systems, and geopolitical relationships among countries all over the world.

Managing Motivating Talent - Gears


Duration: 4 weeks (2-3 hours/week)

This business course is specifically designed to help you understand the intricacies of corruption, so that you can identify the causes and effects in the real world. It will equip you to make long-term changes within your respective entity.

Managing Global Firm - Working at Computer


Duration: 4 weeks (2-3 hours/week)

For individuals and organizations who want to identify and bring about transformative societal change, this course will put your social entrepreneurial venture on the path to success.

Strategic Management Competitive Corporation Strategy - Puzzle


Duration: 4 weeks (2-3 hours/week)

Designed by renowned Wharton professors, this course will teach you how to become a leader who cultivates purpose and inspires change, measure societal impact through evidence-based models, and invest in ventures effectively and meaningfully.

Key Certificate Program Takeaways

In our business strategy specialization, participants will learn how to:

  • Lead, invest, and make business decisions for social impact
  • Analyze information about global trends to make more informed strategic business decisions
  • Understand the role of corruption in societies so you can make better business decisions
  • Develop, launch, test, and scale entrepreneurship projects which have high-potential of significant positive social impact

Business Strategies for a Better World Faculty

The Business Strategies for a Better World online program is taught by experts and scholars in this field. Their work has appeared in numerous books and scholarly journals, including Harvard Business Review, Journal of International Business Studies, Academy of Management Journal, Journal of Political Economy, Organization Science, and the Research-Technology Management Journal, to name a few. These Wharton professors have been published in the Wall Street Journal, the New York Times, the Financial Times, Forbes and featured on TV shows such as CNBC’s Squawk Box.

Recent books published by this renowned group of faculty include Rude Awakening: Threats to the Global Liberal Order and The Architecture of Collapse: The Global System in the Twenty-First Century.

Faculty research interests include:

  • Asset allocation
  • Building future markets
  • Corruption
  • Diversity
  • Economic sociology
  • Emerging economies
  • Emerging multinational firms
  • Entrepreneurship
  • Investment under conditions of high uncertainty
  • Leadership
  • Multifactor models
  • Multinational management
  • New venture management
  • Organizational competence
  • Organizational theory
  • Performance of managed funds

Christopher Geczy, PhD

Adjunct Professor of Finance; Academic Director, Wharton Wealth Management Initiative; Academic Director, Jacobs Levy Equity Management Center for Quantitative Financial Research, The Wharton School

Research Interests: Multifactor models, wealth management, risk management, asset allocation, the performance of managed funds, and various aspects of equity lending and short-selling

See Faculty Bio

Katherine Klein, PhD

Edward H. Bowman Professor, Professor of Management; Vice Dean and Director, Wharton Social Impact Initiative

Research Interests: Innovation and technology implementation, leadership, diversity, teams, and social networks

See Faculty Bio

Ian C. MacMillan

The Dhirubhai Ambani Emeritus Professor of Innovation and Entrepreneurship

Research Interests: Entrepreneurship, new venture management, organizational competence, strategic management

See Faculty Bio

Mauro Guillén

Dr. Felix Zandman Professor Emeritus of Management

Research Interests: Economic sociology, emerging multinational firms, globalization, international banking strategies, international political economy, multinational management, organizational theory

See Faculty Bio

James D. Thompson, PhD

Co-Founder and Director, Wharton Social Enterprise Program, The Wharton School; Adjunct Associate Professor at the School of Social Policy and Practice, University of Pennsylvania

Research Interests: Social entrepreneurship, building future markets, investment under conditions of high uncertainty

See Faculty Bio

Philip M. Nichols, PhD

Joseph Kolodny Professor of Social Responsibility in Business; Professor of Legal Studies & Business Ethics

Research Interests: Emerging economies, corruption, international trade and investment

See Faculty Bio