Our VisionSolving for Business: Because Business Drives Economic Growth and Social Freedom At the William Davidson Institute at the University of Michigan, unlocking the power of business to provide lasting economic and social prosperity in low- and middle-income countries (LMICs) is in our DNA. We gather the data, develop new models, test concepts and collaborate with partners to find real solutions that lead to new opportunities. This is what we mean by Solving for Business—our calling since the Institute was first founded as an independent nonprofit educational organization in 1992. We believe societies that empower individuals with the tools and skills to excel in business, in turn generate both economic growth and social freedom—or the agency necessary for people to thrive.We endeavor to make this vision a reality by collaborating with local and multinational firms, University of Michigan scholars and enterprising students, as well as experts in a variety of fields. Our Consulting work focuses on developing, adapting and applying sound business principles in interrelated economic sectors that are essential for vibrant economies. Our Training programs incorporate the latest thinking in management education, consider the local context and help to shape learners into the global leaders of today and tomorrow. Through our unique blend of field-based experience and academic rigor, we help to build both resilient leaders and stronger businesses in low- and middle-income countries.