May 08, 2018 By Bala MullothRobert PattersonJohn Whitworth Diogenes-FG: Heralding Responsible Innovation in Fiduciary Services for Retirement and Nonprofit Trustees Diogenes pioneered the use of technology to support trustees and boards in their role as fiduciaries of employee retirement funds. Typically, a multinational corporation with operations in 30-40 countries may have hundreds of pension plans, each with their own characteristics. Common among all of them is the opportunity to demonstrate conformance with globally recognized fiduciary best practices. The Diogenes Fiduciary Compliance System gathers and curates all relative documents and compares that information with the 21 practices and the 82 criteria of the ISO 9000 based Fi360 Prudent Practices. Using sophisticated statistical techniques including Bayesian Inference, the software continuously evaluates conformance to the Prudent Practices and reports on areas which need to be addressed. Reporting by exception, the user starts with a global view and can drill down by region, country, company, and plan to review the issues. A continuous audit log provides management with the information to support their role as fiduciaries by continuously monitoring their investments as required by the US Supreme Court's guidelines in the 2015 Tibble v. Edison International case. Board members can rest easily knowing that management meets the highest level of quality in support of their employees and shareholders. Darden Business Publishing Darden Business Publishing Areas of focus Economics Social Entrepreneurship Bala Mulloth Bala Mulloth is an assistant professor at the Frank Batten School of Leadership and Public Policy. Mulloth is a globally oriented educator and entrepreneur and his work focuses on innovation and social entrepreneurship. Read full bio Robert Patterson John Whitworth Related Content Bala Mulloth Embedding responsible innovation in corporate strategy Research International Institute for Management Development (IMD) features an article by Bala Mulloth, Jill Kickul, and Tatiana Iakovleva in Sustainability, Sept. 2024. Mulloth and collagues explore the advantages of applying the responsible innovation (RI) framework beyond its origins in the social enterprise sphere. Wildrock: Empowering Social Connection and Play in Virginia's Blue Ridge Region Research In this case, we study the growth, evolution, and impact of Wildrock, a nonprofit organization that is helping improve the mental health and happiness of people in and around Charlottesville, Virginia, through access to nature and nature play. Wildrock was created by Carolyn Schuyler, a licensed clinical social worker, in response to increasing mental illness among young adults and a decrease in outdoor play among children. Professor Bala Mulloth and Team Close to Marketing Better-Filtering, More Comfortable Cloth Face Masks News Gaurav Giri and Batten assistant professor of public policy Balashankar Mulloth co-founded Hava, Inc. to develop technology with the potential to dramatically improve the air filtration efficiency and breathability of face masks. Designers and researchers join forces to imagine the home of the future News Batten’s Bala Mulloth and chemical engineering professor Gaurav Giri, co-founders of Hava Inc., are one of nine design teams commissioned to provide the public with a glimpse into the future of home furnishings and objects for a show titled Hybrid at the Powerhouse Museum in Sydney, Australia.
Bala Mulloth Bala Mulloth is an assistant professor at the Frank Batten School of Leadership and Public Policy. Mulloth is a globally oriented educator and entrepreneur and his work focuses on innovation and social entrepreneurship. Read full bio
Embedding responsible innovation in corporate strategy Research International Institute for Management Development (IMD) features an article by Bala Mulloth, Jill Kickul, and Tatiana Iakovleva in Sustainability, Sept. 2024. Mulloth and collagues explore the advantages of applying the responsible innovation (RI) framework beyond its origins in the social enterprise sphere.
Wildrock: Empowering Social Connection and Play in Virginia's Blue Ridge Region Research In this case, we study the growth, evolution, and impact of Wildrock, a nonprofit organization that is helping improve the mental health and happiness of people in and around Charlottesville, Virginia, through access to nature and nature play. Wildrock was created by Carolyn Schuyler, a licensed clinical social worker, in response to increasing mental illness among young adults and a decrease in outdoor play among children.
Professor Bala Mulloth and Team Close to Marketing Better-Filtering, More Comfortable Cloth Face Masks News Gaurav Giri and Batten assistant professor of public policy Balashankar Mulloth co-founded Hava, Inc. to develop technology with the potential to dramatically improve the air filtration efficiency and breathability of face masks.
Designers and researchers join forces to imagine the home of the future News Batten’s Bala Mulloth and chemical engineering professor Gaurav Giri, co-founders of Hava Inc., are one of nine design teams commissioned to provide the public with a glimpse into the future of home furnishings and objects for a show titled Hybrid at the Powerhouse Museum in Sydney, Australia.