These days there is at a lot of emphasis on our leadership behaviors at Celanese, our competencies as leaders and on how to drive value. This made me realize I have a very internal, Celanese-specific view on that. However, recently I had the opportunity to widen my horizon just a little.

My daughter, Annika, with a PhD in Sustainability Entrepreneurship, has founded together with her friend Amy what she terms a “social business.” Their approach is to solve a social issue through entrepreneurial means and therefore make a tangible impact on society while still being able to finance themselves. As I got involved in lots of discussions around business plans, financing models, crowdfunding, and legal and tax considerations with Annika and Amy on their start-up, I also became very interested in the environment they are working in and visited the Social Impact Lab Frankfurt. The Social Impact Lab is a community for social entrepreneurs, social start-ups, coworkers and young people with a German and non-German background. It’s a co-working space where young professionals find the creative environment to further develop their ideas, network and seek professional support on their way of becoming self-employed. The lab’s purpose is to incubate the start-up during the first steps.

As my interest in those ideas and start-ups grew, I asked myself how to connect the Celanese Foundation’s volunteering program with the Social Impact Lab and soon started advertising the idea to do a social day where Celanese colleagues could consult young entrepreneurs at the Social Impact Lab.