COVID-19 has heightened global awareness of the strain on our healthcare systems and the socioeconomic inequalities felt in many communities.
Stanford Graduate School of Business recently held Stanford Rebuild, a Global Innovation Sprint to accelerate COVID-19 recovery.
“Stanford Rebuild is designed to encourage and support rapid innovation and creativity at this uniquely challenging time,” said Stefanos Zenios, the faculty director of Stanford GSB’s Center for Entrepreneurial Studies, and the Investment Group of Santa Barbara Professor of Entrepreneurship and Professor of Operations, Information & Technology.
He added: “Periods of disruption bring to light new problems, and we’ve seen important innovations and significant new businesses created during challenging times.
“Our objective is to have many people from around the world step up to look at the barriers global communities will face in recovering from the pandemic. By offering content, tools and expertise at no cost to aspiring innovators, we hope to inspire the next generation of services and organizations that help improve lives in this new reality.”
Hearing from the professionals
Sarah A. Soule, The Morgridge Professor of Organizational Behavior and Senior Associate Dean for Academic Affairs and Lori Nishiura Mackenzie, Lead Strategist for Diversity, Equity & Inclusion held a panel looking at how best to rebuild a more equal society, following the light coronavirus shone on systemic inequalities in society.
One of the main focuses was introducing a framework to think about how society as a whole can rebuild in an equitable way so that all people can thrive.
Soule noted that more than 300 million people globally have lost their jobs and 773,000 people have died.
Mackenzie added: “COVID-19 has exacerbated many of the inequalities and inequities that we knew existed in our society. In other words, the gap has widened for many, not just in the US but abroad.”
Mackenzie said she and Soule want to bring people deeper into the data that explains the inequalities that have been made more visible by COVID-19.
She said: “So as you design [projects], you can think about solutions in two ways. To make sure that your lens is wide enough to include the ways COVID-19 has affected people's lives, but also to seek new innovations that might solve a problem that has not yet been identified when you didn't use a diversity, equity inclusion lens.”



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