Saadia Madsbjerg on Innovation

Barry Ritholtz is a Bloomberg View columnist. He founded Ritholtz Wealth Management and was chief executive and director of equity research at FusionIQ, a quantitative research firm. He blogs at the Big Picture and is the author of “Bailout Nation: How Greed and Easy Money Corrupted Wall Street and Shook the World Economy.”
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This week on Masters in Business, we speak with Rockefeller Foundation managing director Saadia Madsbjerg, leader of the $4 billion foundation’s work on innovation. 

The work that Madsbjerg does is full of surprises, and less centered on high-tech than the word innovation might suggest. For example, one project focuses on oyster beds to serve as huge, natural surf breaks from storm surges. Another examines global food scarcity and hunger and the role played by harvest loss and food waste. In the U.S., half of all food gets thrown away. Finding ways to lower waste might help feed a lot of people at little additional cost.

You can hear the full interview, including our podcast extras, at iTunes, Soundcloud and Bloomberg. All of our earlier podcasts can be found on iTunes, Soundcloud and Bloomberg.

This column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.

To contact the author of this story:
Barry Ritholtz at britholtz3@bloomberg.net

To contact the editor responsible for this story:
James Greiff at jgreiff@bloomberg.net