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Kelly Boone
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Description: Mr. Kelly Boone has successfully joined student desire for real-world experience in sustainability consulting with real–world business problems around sustainability to bring wins to students, organizations and the greater community. The program’s multiplier effect has global reach and significant impact. |
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Executive Summary:
 Kelly Boone is the Director of Business Engagement for the Center for Sustainable Enterprise at the University of North Carolina’s Kenan-Flagler Business School. He manages CSE Consulting, a one-of-a-kind, award-winning program that leverages the expertise of Kenan-Flagler MBA students, staff and faculty to offer world-class sustainability consulting services. CSE Consulting provides business-specific, actionable recommendations that address the triple bottom line: financial profitability, social equity, and ecological integrity. Summer associates are hand-picked from Kenan-Flagler's most promising first-year MBA students for a competitive MBA summer internship.
Boone was instrumental in the Center for Sustainable Enterprise (CSE) receiving the 2006 N.C. Sustainability Award for Innovative Initiatives for the CSE Consulting Program.
CSE developed CSE Consulting to help North Carolina businesses implement sustainable practices. MBA students act as consultants to fill the growing need of businesses in North Carolina for sustainability expertise while benefiting from the unique hands-on learning opportunities. It simulates a real-world sustainability consulting firm where students apply their classroom knowledge to real-world projects. CSE Consulting works with partner organizations including Progress Energy and Bank of America, and is the only program of its kind at a business school, worldwide.
Boone has successfully joined student desire for real-world experience in sustainability consulting with real–world business problems around sustainability to bring wins to students, organizations, and the greater community. Over 30 UNC Kenan-Flagler MBA students have found over 30 triple-bottom-line solutions for North Carolina and U.S. businesses. The multiplier effect of this program has global reach and significant impact. The business impacts range from developing a green business certification process that could drive tens of thousands of businesses around the country to become more sustainable to an environmental footprint analysis of a national financial services company that has allowed the company to make strategic project investment decisions related to reducing their environmental impacts.
Boone is a 2001 graduate of the UNC Kenan-Flagler MBA program with concentrations in Sustainable Enterprise and Entrepreneurship. He led the successful turn-around of a company whose technology portfolio is focused on sustainable, enabling processes. Working directly with the executive management team, he refocused the company’s efforts on a new industry and helped it acquire a key strategic partner. His responsibilities included business strategy and planning, market research and financial projections, and product commercialization strategy and implementation. Previous to his MBA, he consulted in the environmental services industry and worked as a nuclear test engineer. He has a B.M.E. from Auburn University and a M.E.E. from Clemson University.
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What specific results have been achieved?
 The sustainability consulting projects that UNC Kenan-Flagler MBA students work on help companies develop and implement business strategies to respond to social and environmental issues. The students benefit from a powerful learning experience while helping these businesses gain competitive advantage. Over 30 UNC Kenan-Flagler MBA students have found over 30 triple-bottom-line solutions for North Carolina and U.S. businesses. The multiplier effect of this program has global reach and significant impact.
Examples of some of the 30 projects include:
North Carolina Department of Commerce
An Industry Sector Report and Policy Benchmarking Study: The Department of Commerce advanced the business case for sustainability—translating sustainability practices into strategic business opportunities for North Carolina companies. The project included industry assessments for the chemicals, textiles, biotechnology, and financial services industries, as well as a benchmarking study of state government policies that incentivize sustainable business.
Advanced Energy
A SystemVision Business Plan: This project built on Advanced Energy’s successful North Carolina SystemVision affordable housing energy efficiency upgrade/guarantee program and developed a business plan for scaling the program nationally.
Progress Energy
Plug-in Hybrid Electric Vehicle Impact Study: CSE Consulting explored the market viability of plug-in hybrid electric vehicles from the perspectives of all involved stakeholders and estimated the potential impact to Progress Energy’s electricity generation infrastructure in the Carolinas.
CSE Consulting student alumni are leaders in sustainability roles. Examples include:
Mike Waters, Advanced Transportation Manager, Progress Energy
Jessica Meyer, Associate, Procurement Leadership Development Program, Johnson & Johnson
Courtney Betham Phillips, Manager of Digital Analysis, Teach for America
Valeria Orozco, Strategist, Kinetix, LLC
Jared Inselmann, Associate Consultant, Scott Madden and Associates
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In what ways are the efforts of this organization/individual unique and innovative?
Boone has created the first program-centered, sustainability consulting firm for MBA students in the country. UNC Kenan-Flagler students are hand-picked, and trained in sustainable business analysis tools to provide real world, business-specific, actionable recommendations that address the triple bottom line: financial profitability, social equity, and ecological integrity.
CSE Consulting offers a wide range of services to companies and organizations, including broadly, social/environmental impact assessment, sustainability benchmarking, sustainability reporting, business case analysis for sustainability, and sustainable business planning.
In addition to the project-based work that Boone has done with UNC Kenan-Flagler students, he has worked to inform the field of sustainability. He has participated in numerous workshops, panel discussions and taught graduate level courses including: Wal-Mart supplier workshop, SAS-sponsored panel discussion on sustainability, AACSB (The Association to Advance Collegiate Schools of Business) Conference for Deans, Essential Skills for Success workshops for graduate students at Duke and UNC Chapel Hill, and MBA and Executive Education courses at UNC. He has served as an advisor to STAR (Student Teams Achieving Results), another experiential learning project in which students serve as consultants on real business problems.
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How has the broader community been impacted?
Boone’s work extends beyond individual companies and students in the numerous cases where the projects have a national impact.
In 2007, he led a team of UNC Kenan-Flagler MBA students to develop a business plan to assist small- and medium-sized businesses nationwide in becoming more sustainable. Commissioned by UNC Chapel Hill’s Vice Chancellor of Research and Economic Development for the Institute for Sustainable Development, the business plan developed a model for a green business certification tool that became Green Plus™. The American Chamber of Commerce Executives (ACCE) recently announced that it will partner with the Institute for Sustainable Development to make Green Plus™ widely accessible to the 1.2 million businesses represented by the ACCE’s chamber of commerce members.
In 2008, Boone led a team of UNC Kenan-Flagler MBA students to conduct an environmental footprint study of Bank of America’s domestic U.S. operations and to look at how firms measure their environmental impacts and make strategic project investment decisions related to reducing their environmental impacts. Using this data, the UNC team created several hypothetical environmental initiatives—energy efficiency strategies, purchases of green power, paper reduction programs, and remote workplace initiatives—and modeled them using cost/benefit and corporate strategy analyses. These analyses give both academics and executives for firms, both in the banking industry and in other industries, insight into how corporations assess environmental initiatives in strategic decision-making.
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