MALDEN’S CHEFS: David Stein and Stock Pot Malden, Part 2
While David Stein was creating his business at Triangle, Inc., Francis Gouillart, academic, business consultant, and co-author of “The Power of Co-Creation” and his group of angel investors were exploring Malden as a possible city to put the theory of co-creation to work on a local level. “Co-creation is a management initiative, or form of economic strategy, that brings different parties together (for instance a company and a group of customers) in order to jointly produce a mutually valued outcome.” As a blue-collar city and the second most ethnically diverse in Massachusetts, Malden fit the criteria as a community they wanted to work with. Their goal was to try a social experiment by empowering people, especially women and minorities, through food service, by reaching out to Malden food businesses and supporting them by encouraging, coaching, and investing in start-up businesses as equity partners, hiring from the community and supporting community growth in food service. Gouillart and his group had heard of Stein and were interested in working with him. When they finally met, they found […]