|Born||April 3, 1951|
Mark Albion (born April 3, 1951) is an American business theorist, social entrepreneur and author of values-based business literature.
Albion received his post-secondary degrees from Harvard University, including a BA in Economics, a joint MA/MBA and a joint PhD in Business Economics from Harvard University and Harvard Business School. During his graduate studies, Albion was mentored by Professor John V. Lintner, whose work was awarded the Nobel Prize in 1990.
From 1982 to 1988, Albion served as an Assistant Professor and then as an Associate Professor at Harvard Business School, where he taught retail management and marketing classes. He was featured by 60 Minutes as one of the top young (under 40) business-school professors in the country.
In 1986, his mother's battle against cancer prompted 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 (SVN). In the summer of 1988, Albion left Harvard Business School to develop a community of service-minded MBAs.
From 2009 to 2010, Albion served in the Office of the President to help integrate social values and sustainability into the college, and founded the inaugural AshokaU Changemaker Campus Team at Babson College.
Professional recognition and press acknowledgments:
- Trust Across America – 2012 and 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.
- In 2010, Albion received the Indiana University Johnson Center for Entrepreneurship and Innovation ‘Entrepreneur of the Year Award’ in recognition for his contributions to social entrepreneurship, social innovation and sustainable business.
- In 2011, he was named one of the top 100 most trustworthy business leaders by Trust Across America.
Albion became a pioneer in inspiring MBAs to leverage business principles to build a better world.
In 1993, Albion and a few other SVN members co-founded with 13 MBA students Students for Responsible Business (SRB). SRB was renamed Net Impact in 1999. With Liz Maw as its Executive Director since 2004, Net Impact currently supports over 300 autonomous volunteer-run chapters and a membership base of over 40,000, with programs and networking events centered on topics such as corporate social responsibility, social entrepreneurship, social enterprise management, nonprofit management, social intrapreneurship, international development, and environmental sustainability.
Since 1986, Albion has given over 600 speeches at business schools and universities on 5 continents. His work in helping successful leaders achieve positive social and environmental change through business principles was featured in numerous publications, including BusinessWeek (where in 1997 he was dubbed ‘the savior of business school souls), Lifestyles of Health and Sustainability (LOHAS), and Fast Company.
Between 1995 and 1996, Albion was tasked by the United Nations 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 in 1996.
The Good Life Parable
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. Winner of four sustainability 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.
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, Albion published a variety of columns in publications such as Aish.com and Fast Company, as well as over 160 newsletters. Published from 1996 to 2008, Albion's newsletters have reached millions of readers across 87 countries. Albion lives in Dover, MA with his wife, Joy. They have two daughters, Amanda, and Nicolette.
Several themes run through 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.
Books, a selection:
- Albion, Mark S., and Paul W. Farris. The advertising controversy: Evidence on the economic effects of advertising. Boston, MA: Auburn House Publishing Company, 1981.
- Albion, Mark S. Advertising's Hidden Effects: Manufacturers' Advertising and Retail Pricing. Dover, MA: Auburn House, 1983.
- Albion, Mark. Making a Life, Making a Living®: Reclaiming Your Purpose and Passion in Business and in Life. Hachette Digital, Inc., 2000.
Articles, a selection:
- Farris, Paul W., and Mark S. Albion. "The impact of advertising on the price of consumer products." The Journal of Marketing (1980): 17-35.
- Farris, Paul, and Mark S. Albion. "Determinants of the advertising-to-sales ratio." Journal of Advertising Research 21.1 (1981): 19-27.
- Trust Across America - 2010 TOP 100 THOUGHT LEADERS
- IU Entrepreneurial Connection - 2010 Entrepreneur of the Year Award
- 2010 Short-Film Official Selection | Wild and Scenic Film Festival
- About Net Impact
- The MBA Gospel According to Dr. Mark | BusinessWeek
- The Green MBA | LOHAS
- 2009 Short-Film Official Selection | Hot Springs Environmental Film Festival
- Making a Life