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News - Most Recent

17 Flourish Prizes Awarded to Students for SDG Innovations

23 June 2017 | New York, USA - Student are key drivers of innovations that address the 17 Sustainable Development Goals, and can be important sources of leadership now and in the future. That is why AIM2Flourish, an initiative of the Weatherhead School of Management at Case Western Reserve University along with the Fowler Center, hosted the 17 Flourish Prizes to recognise innovations that address the Goals. 

Held during the 4th Global Forum for Business as an Agent of World Benefit on 14-16 June in Cleveland, Ohio, the event included video presentations from 17 key figures, including the Executive Director of the UN Global Compact, Lise Kingo; Paul Polman, CEO of Unilever; Arianna Huffington of the Huffington Post; and more.

Information on each specific Goal as well as the corresponding Flourish Prize can be found here.

The Principles for Responsible Management Education is proud to be one of the founder and current partners for AIM2Flourish, as our initiatives engage the next generation of business leaders to become stewards of innovation and sustainability.

23 Jun 2017

PRME to be Featured at a UN High-Level Event on Education

22 June 2017 | New York, USA - The Principles for Responsible Management Education Secretariat will take part in a High-Level Event on Education at the United Nations Headquarters on 28 June. 

Hosted by the President of the 71st Session of the United Nations General Assembly, His Excellency Peter Thomson, the event will be convened in partnership with key SDG 4 stakeholders to drive a new push for inclusive and equitable quality education and lifelong learning opportunities for all.

Business and management schools are key drivers helping to shape the skills and mindsets of future business leaders. By incorporating values such as sustainability, responsibility and ethics in teaching, research, and though leadership, these schools can ensure that future leaders are equipped to tackle today's and tomorrow's challenges.

A high-level representative from an Advanced PRME signatory will be offered a key speaking opportunity during this event to share insights from the business school community on how to drive change and create an environment where students can thrive.

More information on this High-Level Event can be found here.

22 Jun 2017

19 Schools Delisted from PRME for Failure to Submit a SIP Report

16 June 2017 | New York - Nineteen higher education institutions were delisted from the Principles for Responsible Management Education initiative of the UN Global Compact today for failure to submit a Sharing Information on Progress (SIP) report.

The PRME SIP Policy states that all signatories to PRME must submit a report at least once every two years detailing progress in relation to the 6 Principles. Institutions that miss their deadline are listed as non-communicating. If a signatory is non-communicating for over a year, they are delisted from PRME.

The following schools were delisted:

  • Universidade Positivo, Brazil
  • Universidad de Talca, Chile
  • EIAN, International School of Business & Management, Chile
  • Beijing National Accounting Insititute, China
  • HUMBOLDT-VIADRINA School of Governance, Germany (no longer active)
  • Community Bible College & Seminary, European-American University, Ghana
  • Sree Saraswathi Thyagaraja College, India
  • Abhinav Hi-Tech College of Engineering, Jawaharlal Tehnological University, India
  • I.T.S-Institute of Management, Greater Noida, India
  • Institute of Business Management & Technology, Bangalore University, India
  • Justice KS Hegde Institute of Management, India
  • CMR University & CMR Group, India
  • University of Lagos, Nigeria
  • Universidad de Piura, Peru
  • De La Salle Lipa, Phillippines
  • Dar Al-Hekma College, Saudi Arabia
  • ESERP Escuela Superior de Ciencias Empresariales, Marketing y Relaciones Publicas, Spain
  • Rochester Institute of Technology Dubai Campus, United Arab Emirates
  • Baltimore City Community College Business and Technology Department, United States

In addition to this delisting, the following two institutions voluntarily withdrew from PRME:

  • Imperial College, United Kingdom
  • Keio University, Japan

Signatories that are delisted from PRME are eligible to join again after submitting a new SIP report and a new application. For more information, please contact info@unprme.org.

16 Jun 2017

May Recognition

We are pleased to highlight contributing PRME participants for the month of May. We welcome new signatories  to the PRME initiative (9), congratulate signatories for submitting their Sharing Information on Progress (SIP) reports (22), and express our collective thanks to all participants that contributed financially (24) to the PRME initiative over the last month. 

FEATURED SIP REPORT:

University of Wollongong Faculty of Business – The Australian Indigenous Mentoring Experience – AIME at UOW is an educational programme that supports indigenous students through high school and into University, employment and further education. Business school students can directly support the Year 12 students that we work with at AIME and share real life experiences of studying at university in the field of business.

New Signatories:

Adelaide Business School, The University of Adelaide, Australia

IMT Dubai, United Arab Emirates

Universidad Nacional de Villa Maria, Argentina

E.H.E. European University EurAka, Switzerland    

International School of Management (ISM), France

T A PAI Management Institute, India

School of Economics and Business - Kaunas University of Technology, Lithuania

University of Stirling Management School, University of Stirling, United Kingdom

Institute of Management Technology, Ghaziabad, Delhi NCR (IMTG), India

Sharing Information on Progress (SIP) Reports:

University of St. La Salle, Philippines

Mehran University Institute of Science, Technology and Development (MUISTD), Pakistan

Jonkoping International Business School, Sweden

Colegio de San Juan de Letran Calamba, Philippines

Newcastle Business School, Australia

NEOMA Business School, France

EGADE, Graduate School of Business Administration and Leadership, Mexico

Fagen/UFU - Faculty of Business and Management, Brazil

ICIL, Spain

University of Wollongong Faculty of Business, Australia

Faculty of Business and Management, University of Wales Trinity Saint David, United Kingdom

Universidad del Valle de Mexico S.C., Mexico

Boston University Questrom School of Business, United States

Texas A&M University-Kingsville, United States

Birla Institute of Management Technology, India

VSE - University of Economics, Prague, Czech Republic

HEC-Management School, Liege, Belgium

Daniels College of Business, United States

Audencia Nantes School of Management, France

Bond University Faculty of Business, Australia

Lappeenranta University of Technology, Finland

Southern University Bangladesh, Bangladesh

 

07 Jun 2017

Take the Survey on Poverty and Management Education!

The PRME Working Group on Poverty, a Challenge to Management Education is conducting a follow-up survey to a survey it conducted in 2012.  The current global survey is designed to assess the degree to which poverty topics and the SDGs are currently being discussed in business and management programs worldwide.

Your participation is important for gaining an accurate picture of where the global PRME community stands in relation to these topics. 

The survey takes around 15 minutes and can be in any of the following languages, preferably by 9 June:

Arabic: https://www.surveymonkey.com/r/Arabic2017

Chinese: https://www.surveymonkey.com/r/Chinese_Poverty

English: https://www.surveymonkey.com/r/Poverty_and_the_SDGs

French: https://fr.surveymonkey.com/r/Poverty_et_ODD

German: https://de.surveymonkey.com/r/der_Armut_und-SDGs

Portuguese: https://pt.surveymonkey.com/r/Pobreza_et_ODS

Russian: https://ru.surveymonkey.com/r/Russian2017

Serbo-Croatian: https://www.surveymonkey.com/r/Serbo-Croatian_Poverty

Spanish: https://es.surveymonkey.com/r/la_pobreza_y_ODS

Preliminary survey findings will be presented at the 2017 Global Forum for Responsible Management Education on 18-19 July in New York.

06 Jun 2017

PRME’s Response to UN Secretary-General’s Comments on Climate Action

30 May 2017 | New York, USA — United Nations Secretary-General Antonio Guterres issued a strong statement in support of bold action and leadership on climate change, calling on a wide range of stakeholders including business and civil society to go beyond the commitments laid out in the Paris Agreement in order to create a more sustainable future for all.

“Climate action is gathering momentum not just because it is a necessity but also because it presents an opportunity – to forge a peaceful and sustainable future on a healthy planet,” the UN Chief stated.

“If we want to protect forests and life on land, safeguard our oceans, create massive economic opportunities, prevent even more massive losses and improve the health and well-being of people and the planet, we have one simple option staring us in the face: Climate action,” he said.

As the Principles for Responsible Management Education initiative of the United Nations Global Compact celebrates its 10th anniversary this year, PRME’s Head, Jonas Haertle, says that the global PRME community must align with the statement of the Secretary-General and demonstrate how business and management schools can be key drivers of solutions for action on climate.

“Over the past ten years, we have seen important transformations in many of the world’s business and management schools that are embracing education on issues like environmental sustainability and innovation,” Jonas said.

“As leading higher education institutions, PRME schools are helping to develop the responsible leaders of tomorrow, equipping them with mindsets and skills to become corporate sustainability champions. This will result in a business community that is more responsive to the needs of the planet and society.”

During his speech at the special event taking place in New York University’s Stern School of Business, the Secretary-General noted that action on climate is smart business.

“We are seeing new industries, new markets, healthier environments, more jobs, less dependency on global supply chains of fossil fuels,” Mr. Guterres said, adding, “The real danger is not the threat to one’s economy that comes from acting.  It is, instead, the risk to one’s economy by failing to act.”

Ahead of the 2017 Global Forum for Responsible Management Education and the celebration of PRME’s 10th anniversary, the PRME Secretariat with the support of the PRME Steering and Advisory Committees wish to fully align with the comments from the Secretary-General, and urge all business and management schools to continue taking bold action and leadership on climate through teaching and thought leadership.

Watch the full speech here, or read the text here.

30 May 2017

Outcome of the 1st Mercosul Conference 2017

29 May 2017 | Foz do Iguacu, Brazil - Business cases, new ideas and projects, exchanges of experiences and workshops were part of the 1st Mercosur Conference for Responsible Management Education, which brought together in the Technological Park of Itaipu Binacional, managers and faculty of the educational institutions and signatories schools of PRME Brazil, Latin America and the Caribbean. The event was held by PRME, Chapter Brazil and LAC, with the support of ISAE - Business School, Itaipu Technological Park, Itaipu Binacional, Global Compact Brazil and Argentina Local Networks.

"This event is a milestone in the history of PRME Chapter Brasil, the choosed location, Foz do Iguaçu, served to bring the countries closer to the border region, which provided an opportunity to unite countries of great importance within Mercosur," explains the president Of ISAE and the PRME Chapter Brazil, Norman de Paula Arruda Filho, which complements "During these two days we strengthen relationships and stimulate even more the integration of ideas, projects and, mainly, research."

For René Maurício Valdés, coordinator of UNDP Argentina, the meeting was a concrete example of how the 2030 agenda arouses great interest in the academic community, particularly in the business schools responsible for forming transformational leaders. For Bárbara Dunin, advisor of Brazilian Network of Global Compact, it is very clear that the implementation of SDGs in companies and in schools is an irreversible path. "SDG is an important tool for use in the strategic planning of companies," she says.

One of the founders of the Itaipu Technological Park and current coordinator of the Corporate University and president of the Board of Trustees of the Foundation, Jorge Habib Hanna El Khouri, celebrates: "Itaipu has in its history a commitment to education and the formation of critical mass Country. To receive this event, here in the Technological Park comes to crown our greatest goal is the sharing of knowledge."

For more information, please contact gustavo.loiola@isaebrasil.com.br.

29 May 2017

1st Mercosur Conference for Responsible Management Education - Day 1

25 May 2017 | Foz do Iguacu, Brazil -- 1st Mercosur Conference for Responsible Management Education First day puts into focus strategies for SDGs implementation The first day of the 1st Mercosur Conference for Responsible Management Education discussed the relationship between companies, schools and the SDGs - presenting the vision of the United Nations, in the words of the representative of UNDP - Argentina, René Maurício Valdés; And the role of companies in achieving the UN Sustainable Development Goals (SDG), with the representative of the Brazilian Network of Global Compact, Barbara Dunin (Brazil), and the President of PRME - Chapter Brazil, Norman de Paula Arruda Filho, explaining about the Principles history. The event was opened by Heloísa Covolan, from Itaipu Binacional, who presented the institution sustainability program and the progress made in achieving the objectives of the 2030 agenda.

The afternoon was aimed at sharing good practices on the implementation of SDGs in educational institutions. Gabriel Boero, from PRME LAC, addressed strategic methodologies for implementing PRME in business schools; Cases of success in Latin America were presented by Ricardo Siqueira (FDC), Tamara Van Kaick (UTFPR), Mariana Wolowski (Unicesumar) and Roberto Elias Canese (Universidade Columbia - PY). To conclude, Gustavo Andrey (EAESP / FGV) and Waverly Neuberger (Universidade Metodista) presented the SDG Workshop developed by a comission of schools from PRME Chapter Brazil.

"This meeting is a concrete demonstration of how the 2030 agenda arouses great interest in the academic community, particularly in schools that are dedicated to educating students, entrepreneurs and conscious leaders that must act.," says René Valdés.

Agenda

For tomorrow, the discussion will be around the expectations and needs of the companies in their relationship with universities and business schools related to the SDGs and the PRME and, finally, a planning meeting will take place on the subregional activities of PRME Mercosul and Brazil, exploring research and collaborative opportunities.

More information: https://www.mercosulconference.com/

25 May 2017

Two Hong Kong Conferences Highlight Role of Sustainability in Higher Education and Business

8 May 2017 | Hong Kong - On the 4th of May 2017 the International conference “Corporate Governance and Sustainable Development – Industries, Higher Education, NGOs” took place in Hong Kong at the Hang Seng Management of College with the organizational participation of Prof. Shirley Yeung, Director of the Centre for Corporate Sustainability and Innovations (CCSI) and Virtus Global Center for Corporate Governance.

 

Participants from 10 countries (including Hong Kong, USA, Indonesia, Japan, South Africa, Ukraine, Thailand, the UK, UAE, France), representing 3 continents and 4 parts of the world gathered at the conference venue to discuss relevant issues of corporate governance and sustainability, share their most recent research and come up with the solutions of the existing academic and practical problems.

 

Key-note speeches were delivered by Prof. Hugh Grove from the University of Denver, USA and Prof. Andy Hor from the Hong Kong University. Plenary part was also continued with the insightful practitioner’s view of Kobsidthi Silpachai who has extensive executive experience in the leading world financial institutions, as well as by the deep academic founding of Prof. Mac Clouse from Reiman School of Finance, University of Denver, USA and Prof. Hyonok Kim, Faculty of Business Administration, Tokyo Keizai University, Japan.

 

Afterwards the conference was divided into two parallel sessions connected to the various problems of corporate governance, disclosure, reporting and sustainability.

 

Organizers would like to express gratitude to all of the participants who came to the conference from far away to share their ideas, experience and research. In our digitalized world face-to-face communication becomes a rare opportunity to come up with cumulative solutions and generating new knowledge for future development and enhancement.

 

Following the above conference, on the 5th of May, 2017 the International conference “Sustainable Development in Higher Education in conjunction with the 2nd UNPRME Colloquium in Higher Education organized by CCSI and co-organized with UNESCO, APEID and well supported by United nations Principles for Responsible management (UNPRME)” also took place in the same venue with Keynote Speakers and Invited Speakers from 7 countries, for example, Keynote Speeches were delivered by Dr. Meshgan, Mohd, Al-Awar, Director of Research & studies Centre, Dubai Police Academy, Hon Mr. Cheung, Kwok-Kwan, JP, Legislative Councilor, HKSAR, and Prof. Eunice Mareth Q. Areola, Dean, Graduate School and College of Business Administration and Accountancy, Colegio de San Juan de Letran, Manila, Philippines. Invited Speakers were Dr. Yaroslav Mozghovyi, Editor, Journal of Governance and Regulation/ Project Manager, Ukraine, and Mr Matej Michalko, Founder, CEO, DECENT/  Co-Founder, Chairman of the Board, Blockchain R & D Hub, London, Ms. Susanna Chiu, Past President, Hong Kong Institute of CPAs, Hong Kong, Dr. William Yu, CEO, World Green Organisation (WGO), Hong Kong, Mr. Alex Ku, VP, SME Global Alliance, Executives/ Chair, Cultural & Creative Industry Committee, Hong Kong  and Ms. Amy Liu, Managing Editor, Our Hong Kong Foundation, Hong Kong. Speakers shared their expertise on responsible management in relation to the six principles of UNPRME, the trend and use of technology in curriculum deign design, for example, blockchain and cold chain for behavioural change, green learning environment with bamboo, the importance of a green office design and the growth of creative cultural industries with wisdom development and spirituality under advanced technological world.

 

A student voices session has been arranged and students of higher education and secondary education actively participated in the discussion. During the conference, their knowledge of sustainable development and United nations Sustainable Development Goals (UNSDGs) has been increased with global exposure. Students were keen to use bamboo as a tool for innovative product / service co-crreation for sustainable development.  

 

Developing a sustainable development mindset needs to have global exposure with local community issues addressed and local organisational culture considered. Two student winners were rewarded a cash bonus for their innovative ideas on synergy co-creation. The two conferences have engaged government official, academic and private sectors, NGOs and students of Hong Kong and France.   

 

The International Conference on Sustainable Development provides a powerful platform to showcase successful evidence-based initiatives created by Dubai to address development challenges. It is a direct response to the expressed needs of stakeholders from different perspectives to further scale up proven development solutions and best practices that contribute to sustainable development.

 

Dr Yeung was the designer and Chair / Co-chair of the two international conferences.  Her  transformational female leadership has been well received on engaging the future generation into the 17 UN sustainable development goals under the 2030 agenda.

08 May 2017

PRME Chapter UK&Ireland Announce Writing Competition Prize Winners

The PRME Chapter UK and Ireland is delighted to announce the winners of its first Responsible Business and Management Writing Competition. Designed to highlight and celebrate the range and quality of student writing in this domain, the competition has provided vivid evidence of growing engagement with sustainability, ethics and related subjects across the business school sector.

The undergraduate competition winner is Helen Mullen of Kent Business School, who impressed judges with her perspectives on how environmentally sustainable management approaches might contribute to Corporate Social Responsibility initiatives. Outlining the reasons for awarding her the top prize, Professor Carole Parkes, Chair of the UG Judging Panel and Chair of the PRME Chapter UK and Ireland, commented, “This essay demonstrated a critical approach to the subject. It was well-argued, used good examples to support the points made and, importantly, really engaged the reader”. Second and third prize winners were Emma Gaskill of Salford Business School and Thea Aursnes of Royal Holloway, University of London.

The winner of the first prize in the postgraduate category is Eilidh Finlayson of the Glasgow School for Business and Society, for her exploration of commercialisation in the microfinance industry and how this has impacted on responsible management practices. Commenting on her winning qualities, Professor Peter Stokes, Chair of the PG Panel, said, “Eilidh developed a compelling and valuable examination of the challenges for responsible management of commercialisation in micro-finance - a powerful and convincing account on this important topic”. Second and third prize winners were Caroline Johnson of Winchester Business School and Lynette Nabbosa, also of the Glasgow School for Business and Society.

On behalf of the organisers, Chris Blackburn, Pro Vice Chancellor and Dean of the Oxford Brookes Business School, congratulated both prize winners and other finalists on the quality of their writing.

He also added, “To all the entrants and all the universities that have encouraged their students to take part, your determination to bring Responsible Management Education and the United Nations Sustainable Development Goals to the centre of your endeavours has been truly impressive. We look forward to building on this competition in future years to ensure that we continue to support the United Nations PRME initiative in ways that nurture the student voice and recognise the committed teaching that makes this possible”.

Any enquiries about the results or the second competition planned for 2017/18 can be directed to Jonathan Louw at jlouw@brookes.ac.uk.

PRIZE-WINNER LIST

Postgraduate Category 

First: Eilidh Finlayson, Glasgow School for Business and Society

Second: Caroline Johnson, Winchester Business School

Third: Lynette Nabbosa, Glasgow School for Business and Society

Other Finalists: Andrew Clegg, Fiona Jarvis, Elena Magli, Nikolas Papachristoforou, Mehak Shafiq, Emma Sutton, Tung Dao

Undergraduate Category

First: Helen Mullen, Kent Business School

Second: Emma Gaskill, Salford Business School

Third: Thea Aursnes, Royal Holloway, University of London

Other Finalists: George Carey, Samuel Da Silva, Zeyad Golita, George Kennedy, Atilia Marinescu, Chloe Osborne, Maike Ostermann

Judging Panel

Postgraduate Panel:
Professor Peter Stokes, Leicester Castle Business School (De Montfort University) (Chair)

Dr Christine Gilligan Sheffield Hallam University

Matthew Gitsham, Hult International Business School

Undergrduate Panel: 
Professor Carole Parkes, University of Winchester (Chair)

Dr Paul Cashian, Coventry University

Dr Anja Schaefer, Open University

 

04 May 2017

Inaugural “Flourish Prizes” to be awarded at Fourth Global Forum for Business as an Agent of World Benefit

Inaugural “Flourish Prizes” to be awarded at Fourth Global Forum for Business as an Agent of World Benefit, June 14-16

17 business innovations to be honored for contributions to the 17 U.N. Sustainable Development Goals

CLEVELAND, OHIO—The Fourth Global Forum for Business as an Agent of World Benefit, on June 14-16 at Case Western Reserve University, will celebrate business leaders, professors and students making a positive impact on society and the natural world by focusing on enterprise that ensures dignity for all people and a healthy planet for generations to come. 

During the Forum, AIM2Flourish, an initiative of the Fowler Center for Business as an Agent of World Benefit at Case Western Reserve’s Weatherhead School of Management, will award the inaugural Flourish Prizes, recognizing 17 innovations from around the world that align with the 17 United Nations Sustainable Development Goals (SDGs), or Global Goals. Flourish Prizes will be awarded each day during the forum.

“Today, we are announcing the 17 Flourish Prizes, exemplifying the best-of-the-best business innovations discovered and written about by business students—tomorrow’s Global Goals leaders,” AIM2Flourish Executive Director Roberta Baskin, said. “Ranging from Mozambique to Cleveland and Argentina to India, the 17 business innovations showcase the power of profitable businesses to solve local challenges while contributing to community prosperity and well-being.”

The U.N.’s Global Goals are the world’s “to-do list” by 2030, unanimously ratified by 193 countries in September 2015. Beyond the moral imperative, these 17 challenges—including ending poverty, combating climate change, preserving the world’s natural resources—represent an estimated $12 trillion business opportunity, according to the “Better Business, Better World” report released at the 2017 World Economic Forum.

A distinguished jury of business and academic leaders selected the 17 best-of-the-best business innovation stories (one for each Global Goal) from the 422 Innovation Stories published on AIM2Flourish.com in 2016. Management students around the world interview innovative business leaders and publish their stories on the AIM2Flourish platform as a global resource and community, centered on positive business solutions.

“AIM2Flourish is the antidote to bad news by shining a bright light on what business is doing right and encouraging business leaders, educators and citizens to join the Global Goals movement serving 100 percent of humanity and a healthy planet,” Baskin said.

Thousands of business-school students have completed the AIM2Flourish assignment since the initiative’s June 2015 launch at the U.N., including an intergenerational, in-person interview with a business leader. Students learn to ask positive questions based on Appreciative Inquiry, the powerful strengths-based whole system method developed at Case Western Reserve management professors David Cooperrider and Ron Fry.

Business leaders will receive the Flourish Prize awards, designed as solar-powered revolving glass sculptures of earth resting on a crystal base. Professors and student authors who collaborated with AIM2Flourish will be recognized at the Global Forum for their outstanding contributions. 

Winners of the 2017 Flourish Prizes are:

Goal 1 End Poverty: The Sunshine Nut Co. in Mozambique, Morocco, which employs young men and women who were abandoned or orphaned in their youth by years of violent civil war.

Goal 2 End Hunger: CV. Green Health Agriculture in Indonesia, whose innovation delivers affordable organic rice to consumers and supports sustainable agriculture.

Goal 3 Health and Well-Being: Lucky Iron Fish, created in Canada but used in Cambodia and around the world, devised a simple iron ingot that delivers essential iron to combat anemia when dropped into a cooking pot.

Goal 4 Inclusive and Equitable Quality Education: Foldscope Instruments, created in the United States but used around the world, invented a $1 paper microscope, making science accessible to anyone.

Goal 5 Gender Equality: Serve & Help in Morocco supports marginalized women looking for a job with a platform that serves as an intermediary to affluent customers who need quality household services.

Goal 6 Clean, Safe Water and Sanitation: SmartPaani in Nepal is tackling the water crisis in Kathmandu Valley with rainwater harvesting, water filtration and wastewater treatment.

Goal 7 Clean Energy: d.light, in the United States (San Francisco), supplying affordable solar-powered  lighting and equipment that brightens the night around the world or people without access to a power grid.

Goal 8 Economic Growth and Decent Work: CINIA in Mexico hires people with various physical and mental disabilities to help them become productive members of society.

Goal 9 for Resilient Infrastructure, Industry and Innovation: BIOCONEXION in Argentina connects farmers growing native crops with eager customers for economic, social and environmental benefits, as well as delicious food.

Goal 10 for Reduced Inequality: Cipla Ltd. in India, whose breakthrough 3-in-1 anti-HIV/AIDS cocktail brought the cost of treatment to less than $1 a day, bringing life-saving therapy to millions of people in the developing world.

Goal 11 for Resilient Cities: Conceptos Plásticos in Colombia transforms discarded plastic into Lego-like blocks to build affordable, fire- and earthquake-resistant homes from locally sourced materials.

Goal 12 for Sustainable Consumption and Production: Greenhope in Indonesia produces biodegradable plastic bags for supermarkets from locally farmed cassava. The company’s innovation supports smallholder farmers and reduces landfill waste with bags that biodegrade in sunlight in mere weeks rather than hundreds of years.

Goal 13 for Climate Change: Gram Power in India couples “smart meters” with solar-powered microgrids to bring clean, reliable energy to low-income people.

Goal 14 for Life Under Water: Bureo Skateboards in Chile designs and manufactures sustainable skateboards made from reclaimed plastic pollution, namely discarded fishing nets.

Goal 15 for Life on Land: SunCulture in Kenya provides Kenyan smallholder farmers with solar-powered water pumps and drip irrigation systems that reduce costs, increase yields and lengthen growing seasons.

Goal 16 for Peace and Justice: Buza Ice Cream in Israel, a business run by an Arab and a Jew in a country where most people see the other side as an enemy, is a living example of how peace is possible through business.

Goal 17 for Partnerships: MPOWERED, working in partnership two non-profits: New Course and Maasai Wilderness Conservation Trust, helps women in Kenya rise from poverty to become independent by selling solar lanterns.

Visit AIM2Flourish.com to read the full story for each Flourish Prize-winner, as well as hundreds of other inspiring business innovation stories. For Fourth Global Forum pricing and registration information, visit globalforum.case.edu.

For more information, contact:

Marv Kropko - (216) 368-6890 mrk107@case.edu

Claire Sommer - (917) 834-0323 Claire@AIM2Flourish.com

About Case Western Reserve University

Case Western Reserve University is one of the country's leading private research institutions. Located in Cleveland, we offer a unique combination of forward-thinking educational opportunities in an inspiring cultural setting. Our leading-edge faculty engage in teaching and research in a collaborative, hands-on environment. Our nationally recognized programs include arts and sciences, dental medicine, engineering, law, management, medicine, nursing and social work. About 5,100 undergraduate and 6,200 graduate students comprise our student body. Visit case.edu to see how Case Western Reserve thinks beyond the possible.

About the Fowler Center for Business as an Agent of World Benefit

The Fowler Center for Business as an Agent of World Benefit at the Weatherhead School of Management – Case Western Reserve University exists to advance the scholarship and practice of flourishing enterprise.  The Center’s primary focus is on for-profit organizations that use their core activities to create value for society and the environment in ways that create even more value for their customers and shareholders. Its theory of change draws on Positive Organizational Science, Appreciative Inquiry, Sustainable Value, Design, and Systems Thinking.

 

01 May 2017

April Recognition

We are pleased to highlight contributing PRME participants for the month of April. We welcome new signatories and supporting organisations to the PRME initiative (10), congratulate signatories for submitting their Sharing Information on Progress (SIP) reports (16), and express our collective thanks to all participants that contributed financially (40) to the PRME initiative over the last month. 

FEATURED SIP REPORT: Jonkoping International Business School has been a committed participant in the PRME network for four years. They have adopted the ‘Practice of Faculty Volunteering’ in education in the developing countries. As a part of this exchange program, the faculty commits their spare time to participate in educational activities abroad. The focus of the current exchange program is to strengthen the participating institutions’ pedagogy in the field of sustainable entrepreneurship.

New Signatories:

IDEPRO - Instituto de Desarrollo Profesional, Ecuador

ESDES (Ecole Suparieure de Daveloppement Economique et Social), France

Indian Institute of Management Ranchi, India

Faculty of Economics - University of Split, Croatia

Budapest Business School - University of Applied Sciences, Hungary

School of Economics and Business - Universidad de Navarra, Spain

School of Business - Monash University, Malaysia

Indian Institute of Management Lucknow, India

Gebze Technical University, Turkey

SRH Fernhochschule - The Mobile University, Germany

Sharing Information on Progress (SIP) Reports:

Neumann Business School, Peru

Cambridge Business School, Czech Republic

Indira School of Business Studies, Pune, India

Jonkoping International Business School, Sweden

Nottingham Business School, United Kingdom

University of Wisconsin Whitewater, College of Business and Economics, United States

IAG-Business School, Brazil

Colegio de San Juan de Letran Calamba, Philippines

Villanova School of Business (VSB), United States

Barcelona School of Management, Spain

Universidad EAFIT, Colombia

Dayananda Sagar Business Academy, India

IAG-Business School, Brazil

Albers School of Business and Economics, United States

MANCOSA, South Africa

Santo Tomas Moro, Peru

01 May 2017

March Recognition

We are pleased to highlight contributing PRME participants for the month of March. We welcome new signatories and supporting organisations to the PRME initiative (3), congratulate signatories for submitting their Sharing Information on Progress (SIP) reports (24), and express our collective thanks to all participants that contributed financially (127) to the PRME initiative over the last month. 

New Signatories:

Universidad Santiago de Cali, Colombia

Universidad Pontificia Bolivariana, Medellin, Colombia

Istanbul Gelisim University, Istanbul

Sharing Information on Progress (SIP) Reports:

Cranfield School of Management, United Kingdom

Dayananda Sagar Business Academy, India

Ted Rogers School of Management, Canada

Jonkoping International Business School, Sweden

Facultad de Contaduria y Administracion, Mexico

Great Lakes Institute of Management, India

Griffith Business School, Australia

UNSW Business School, Australia

College of Business Administration - Texas A&M University - Central Texas, United States

Corvinus University of Budapest, Hungary

Hanken School of Economics, Finland

School of Business - University of the Fraser Valley, Canada

Cheung Kong Graduate School of Business, China

London South Bank University, United Kingdom

Paris School of Business, France

Centro de Estudios Universitarios "16 de Septiembre", Mexico

Escuela de Negocios PwC Argentina, Argentina

Faculty of Management Technology/German University in Cairo, Egypt

Rotterdam School of Management, Netherlands

Swedish University of Agricultural Sciences, Sweden

Universum University College, Kosovo

IESDE Business School, Mexico

University of Stellenbosch Business School, South Africa

University of Wollongong Faculty of Business, Australia

06 Apr 2017

CWRU’s Weatherhead School of Management to present Fourth Global Forum for Business as an Agent of World Benefit

2017 theme: “Discovering Flourishing Enterprise: The Key to Great Performance”

More businesses seeking success and an engaged workforce are evolving toward becoming flourishing enterprises—those that create economic prosperity while contributing to a healthy environment and improving human well-being.

Case Western Reserve University on June 14-16 hosts the Fourth Global Forum for Business as an Agent of World Benefit to illuminate this emerging trend. The Fowler Center for Business as an Agent of World Benefit, within Case Western Reserve‘s Weatherhead School of Management, has designed the forum around the theme: Discovering Flourishing Enterprise: The Key to Great Performance.

Hundreds of participants, many in teams, from across the United States and internationally will exemplify businesses “doing well by doing good” when the forum occurs at CWRU’s Tinkham Veale University Center.

“We are eagerly looking forward to welcoming business leaders, social entrepreneurs and change agents,” said Chris Laszlo, the Char and Chuck Fowler Professor of Business as an Agent of World Benefit and faculty executive director of the Fowler Center.

“It’s more of a practitioner design session than it is an academic conference,” Laszlo said. “Individuals and groups on the first day can learn about and experience Appreciative Inquiry, which is a very powerful strengths-based whole system method that was developed at Case Western Reserve and is at the heart of many of the initiatives at the Fowler Center for Business as an Agent of World Benefit.”

Using Appreciative Inquiry, the Fourth Global Forum will take on some of the key issues facing business today, including:

  • Retaining, engaging and inspiring the best people. 
  • Meeting growing consumer demand for products that have positive social impact. 
  • Designing environments that foster greater creativity, innovation and enduring financial value. 
  • Turning local and global challenges into sources of competitive advantage.

AIM2Flourish, an initiative within the Fowler Center for Business as an Agent of Fourth Global Forum logoWorld Benefit, will award the inaugural Flourish Prizes, recognizing 17 innovations from around the world that align with the 17 United Nations Sustainable Development Goals. The Flourish Prizes will be awarded each day during the forum.

AIM2Flourish Executive Director Roberta Baskin said students at the Weatherhead School of Management and at other business schools internationally participated in finding inspirational business innovations that advance the UN’s Sustainable Development Goals. Those students, using the Appreciative Inquiry method, submitted 425 stories published on the AIM2Flourish website. A distinguished jury selected the 17 Flourish Prize winners, one for each Global Goal.

“The involvement of students is at the heart of the Flourish Prizes initiative. We’re the mothership helping to teach these next business leaders to embrace the Global Goals and Appreciative Inquiry,” Baskin said.

The UN Sustainable Development Goals are: no poverty; zero hunger; good health and well-being; quality education; gender equality; clean water and sanitation; affordable and clean energy; decent work and economic growth; industry, innovation and infrastructure; reduced inequalities; sustainable cities and communities; responsible consumption and production; climate action; life below water; life on land; peace, justice and strong institutions; and partnerships for the goals.

For Fourth Global Forum pricing and registration information, visit globalforum.case.edu.

This news release is republished from its original source with permission from AIM2Flourish. For the original post, please visit this link.

03 Apr 2017

February Recognition

We are pleased to highlight contributing PRME participants for the month of February. We welcome new signatories and supporting organisations to the PRME initiative (11), congratulate signatories for submitting their Sharing Information on Progress (SIP) reports (12), and express our collective thanks to all participants that contributed financially (51) to the PRME initiative over the last month. 

New Signatories:

College of Economics and Political Science - Sultan Qaboos University, Oman

Karlstad Business School, Karlstad University, Sweden

Greehey School of Business, St. Mary's University, USA

University School Of Management Studies - Rayat Bahra University, India

Balochistan University of Information Technology, Engineering and Management Sciences, Quetta, Pakistan

Preston University, Pakistan

Archie W. Dunham College of Business, Houston Baptist University, USA

Facultad de Economia y Administracion - Universidad del Norte Santo Tomas de Aquino, Argentina

Shaheed Udham Singh College of Engineering & Technology, India

Chandigarh Business School of Administration, IKG Punjab Technical University, India

Birmingham Business School, University of Birmingham, United Kingdom

 

Sharing Information on Progress (SIP) Reports:

Rotterdam School of Management, Netherlands

UC Business School, New Zealand

Facultad de Ciencias Administrativas y Economicas, FCAE           Colombia

Copenhagen Business School, Denmark

Holy Spirit University of Kaslik (USEK), Lebanon

Baltic Management Institute (BMI), Lithuania

International Association of Jesuit Business Schools, United States

H. Wayne Huizenga School of Business - Nova Southeastern University, United States

Newport University CED, Latvia

Nottingham University Business School, United Kingdom

Warsaw School of Economics, Poland

Neumann Business School, Peru

Financial Contributions:

College of Business, James Madison University, USA

Victoria Business School, Victoria University of Wellington, New Zealand

College of Business Administration, Texas A&M University - Central Texas, USA

College of Business Administration, Kent State University, USA

Haworth College of Business, Western Michigan University, USA

International Association of Jesuit Business Schools, USA

Jack H. Brown College of Business & Public Administration, California State University, San Bernardino, USA

Federation Business School, Federation University Australia, Australia

Henley Business School, University of Reading, UK

Manchester Metropolitan University Business School, Manchester Metropolitan University, UK

ESPAE- ESPOL, Escuela Superior Politecnica del Litoral (ESPOL), Ecuador

University of Technology, Sydney - Faculty of Business, Australia

IPM Business School, Belarus

Deakin University, Faculty of Business and Law, Australia

Academy of Business Management (ABMS), ABMS Education Group, Switzerland

Cardiff Business School, Cardiff University, UK

Newcastle University Business School, Newcastle University, UK

University of Canterbury, School of Business and Economics, New Zealand

Massey University College of Business, New Zealand

University of Wollongong Faculty of Business, Australia

University of St. La Salle, Philippines

Victoria University, Switzerland

Kozminski University, Poland

Milpark Education (Pty.) Ltd., South Africa

Macquarie Graduate School of Management, Macquarie University, Australia

TIAS School for Business and Society, Tilburg University and Eindhoven University of Technology, Netherlands

University of Hertfordshire Business School,           UK

University of Exeter Business School, UK

Bentley University, USA

Faculty of Management, Laurentian University, Canada                                                     

Charles Sturt University, Australia

Beedie School of Business, Simon Fraser University, Canada

Bard MBA in Sustainability, Bard College, USA

Fielding Graduate University, USA

IAG-Business School, Pontifical Catholic University of Rio de Janeiro (PUC-Rio), Brazil

Murdoch University School of Management and Governance, Australia

FH Wien University of Applied Sciences, Austria

School of Management, Royal Holloway, University of London, United Kingdom

Hull University Business School, University of Hull, United Kingdom

College of Business Administration - Texas A&M University - Central Texas, USA

Oerebro University School of Business, Oerebro University, Sweden

Aston University, United Kingdom

School of Management - University of Bath, University of Bath, United Kingdom

Weatherhead School of Management           , Case Western Reserve University, USA

Rhodes Business School, Rhodes University, South Africa

Faculty of Law and Business, School of Business, Australian Catholic University, Australia

College of Law, Juridiska Koledza, Latvia

Sustainability Management School, Switzerland

Goethe University Frankfurt, Faculty of Economics and Business, Germany

United International Business Schools, Switzerland

Durham Business School, Durham University, United Kingdom

 

02 Mar 2017

PRME Working Group on Anti-Poverty Produces 2016 Annual Report

15 February 2017 | New York -- The PRME Working Group on Poverty: A Challenge for Management Education has finalized a summary of activities and accomplishments over the past year in a new report launched today.

The 2016 Annual Report identifies key outcomes from the international group's efforts to produce research and case studies into how management education can become a source of anti-poverty efforts. To facilitate the internal dialogue that would help define future initiatives, the Group conducted a 3-round Delphi survey among its members from February-April 2016. Delphi Surveys are a method for finding consensus in a group through successive rounds of idea evaluation and re-evaluation.

In addition to being actively involved in the overall design, promotion and organization of the 3rd Responsible Management Education Research Conference held on 9-10 November 2016 in Krems, Austria, the Working Group proposed a special conference track on poverty issues related to the conference theme of “Linking the Sustainable Development Goals and Management Education in Universities.”

Group members Ali Awni and Milenko Gudić chaired the Workshop on Poverty, a Challenge for Management Education held at the American University in Cairo, Egypt, on 13-14 April 2016.  The workshop was an opportunity to present the PRME Anti-poverty Working Group and its activities and resources to a broader audience from MENA Region, including those from PRME non-signatories.

For the third, consecutive year, the Working Group co-sponsored the Student Essays Writing Competition launched and organized by the WG member Anastasiya Marcheva from D. A. Tsenov Academy of Economics in Svishtov, Bulgaria. The WG co-chairs, Al Rosenbloom and Milenko Gudić, were involved as consultants to the project, which focused on the general theme of “Inclusive Business: A Tool for Poverty Reduction and Social Inclusion.”

The co-chairs of the Working Group (Milenko Gudić, Al Rosenbloom) and Group member Carole Parkes have edited two books published in the past two years in a PRME/Greenleaf Series on Poverty and Management Education. While the first one (Responsive Organizations and the Challenge of Poverty, published in 2014, focused on the question WHY integrate poverty issues into management education, the second  one, described below, focused on the question HOW. These two books are included in The Greenleaf/PRME book series,  and listed in the Greenleaf Publishing eCollection to Support the UN SDGs.

In addition to contributing to the above described activities and deliverables, Anti-poverty Working Group members have been active in other PRME related activities, including those implemented at the respective PRME Regional Chapters, but also at other international associations and networks. Their involvement was supported by regular WG Updates which are disseminated among Group members bimonthly.

During 2017, the Working Group has promised to streamline its communications and outreach to expand the Group's efforts within the anti-poverty field, while supporting continued work within the responsible management education industry. 

The Working Group currently contains 172 members from 137 academic institutions across 53 countries. 

Read the full report here.

For more information, please contact the Working Group chairs:

Milenko Gudić, Founding Director, Refoment Consulting & Coaching, Belgrade, Serbia, milenko.gudic@gmail.com

Al Rosenbloom, Dominican University, USA, right2al@comcast.net

15 Feb 2017

IILM, India Hosts 4th International Conference on Sustainability and Innovation

14 November 2017 | New Delhi, India — IILM Institute for Higher Education, in collaboration with UN Global Compact’s PRME (Principles for Responsible Management Education) Initiative, hosted the Fourth International Conference on “Sustainability and Innovation: Key Drivers of Responsible Management” from 9-11 February, 2017 at IILM Lodhi Road Campus, New Delhi. IILM also awarded two authors for best research work in the area of sustainable livelihood and growing inequality respectively. The title for the IILM PRME Research Awards 2017 was ‘A Life of Significance – Leading responsibly – The way forward for a sustainable Inclusive World. The paper titled Kshamtaa: Empowering Lives, Envisioning Sustainable Inclusive Socio-Economic Development" and "Goonj: Essence of Sustainability & Scalability of Social Venture" has been selected for the award by the four member jury committee. The two best papers were presented by the authors during the conference. Mr. Kamal Singh, Director General, NHRD, complemented IILM for taking forward the UN initiative through this conference every year. He gave away the awards to the authors of two best papers and appreciated their efforts. IILM was happy to collaborate on the project “Sharing vocabularies for values driven business: case study interview guide” with University of Nottingham, U.K., as IILM are writing the case study from India. The PRME conference has further given an opportunity to connect with the various companies for participating in the case and to get their acceptance on the same. IILM will be able to compile the same by March end, this year. The next PRME Conference is scheduled for 8th, 9th and 10th February 2018, and the hosts wish that interested parties can make it to the event next year.

The opening session of the conference featured some eminent speakers like Shri Bibek Debroy Member, Niti Aayog, High Commissioner of Canada H.E. Nadir Patel, the Ambassador of Mexico, H.E. Melba Pria. Shri Bibek Debroy focussed on the buzz word sustainability and defined it in terms of interests of future generations. He concluded his speech urging audience to ponder over possibilities of innovation to overcome the statistical challenges in measuring the SDG indicators. High Commissioner of Canada H.E. Nadir Patel highlighted the number of ways in which Canada is willing to support the PRME initiatives in Indian corporates in addition to educational institutions. The Ambassador of Mexico, H.E. Melba Pria praised IILM’s efforts in taking the PRME initiative forward. She brought out the importance of this UN Agenda with disturbing facts such as 1 in 9 people in the world is mal-nourished, 230 million Indians go to bed hungry every day, 1 in 5 households do not have electricity and so on. She elaborated that in order to achieve the SDGs, everyone needs to pitch in – the individuals, the governments, and the corporates or the private sector. Reiterating the role of companies, she stressed that the idea of CSR has changed from “Companies should do no harm” to “Companies should contribute positively to society” giving back to the community creating social impact. The closing plenary also had speakers like Mr.Dilip Chenoy- Independent Advisor, CSR, Mr. Rajdeep Sahrawat, Global Head, Buisness Development (TCS), Mr. G K Chaukiyal, Executive Director, Airports Authority of India in the panel. Mr. Dilip Chenoy laid emphasis each individual’s efforts towards innovation and sustainability, towards creating an ecosystem that will help achieve the sustainable development goals. He encouraged the audience to start with simple day-to-day solutions by applying creativity, critical thinking, collaboration and commitment. Mr. Rajdeep Sahrawat spoke about innovation and knowledge. He accentuated the fact Innovation will flow from the East to the West since innovation is the function of youth who concentrated in the Eastern parts of the world today. The other highlights of the conference are detailed below for your reference.

The three day conference had a lot of insight sharing and knowledge building from both practitioners and corporates. The first day of the conference commenced with the first plenary session on the topic “Innovation Drives Entrepreneurship”. Globally, countries thrive on entrepreneurs to create fresh employment opportunities, support taxation and growth. In India, we need partnership models where R&D and technological inventions support entrepreneurship. This session has been envisioned with SDG 8 (Promote sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all) in mind. The second session on “Sustainability: The new business excellence Mantra – Top leadership perspective” focussed on how the role of corporations in society has changed significantly in the recent years. This session revolved around the implementation of SDG sub-goal 12.6 - Encourage companies, especially large and trans-national companies, to adopt sustainable practices and to integrate sustainability information into their reporting cycle. Session 3 on “Innovations for meeting the national sustainability goals” centred on the United Nations’ 2030 agenda for achieving sustainable development is an action plan for people, planet, prosperity, peace and partnership. This panel discussion intended to look into the application of SDG 9 - Build resilient infrastructure, promote inclusive and sustainable industrialization and foster innovation. Session 4 on “CSR provisions in the companies act: Implications for corporate sustainability” revolved around the requirements of Section 135 of the Companies Act of 2013 and the practicalities attached to it. This session focussed on the enactment of the sustainability agenda within the Indian legislature with special emphasis on the National Voluntary Guidelines, MOCA, Govt of India, 2011.

The third day of the conference commenced with Session 5 on “Social Innovations for the bottom-of-the-pyramid” wherein experts elaborated on how start-Ups and social innovators are penetrating the market base consisting of the lower socio-economic customers. This session aimed at discussing SDG 10 (Reduce inequality within and among countries) and how it is being implemented in India. The sixth plenary session of this international conference focussed on “Sustainable supply chains: A Business Imperative”. SDG 12 (Ensure sustainable consumption and production patterns) draws attention to the necessity to look into creating and maintaining sustainable habits. More and more companies today are grasping the reality that in order to extend their commitment to responsible business practices they must do so to their supply chains as well - right from their subsidiaries to their suppliers.

14 Feb 2017

PRME Statement in Defense of Universal Values and Principles as Preconditions for Responsible Management Education

The mission of the Principles for Responsible Management Education (PRME) initiative is to transform management education, research and thought leadership globally by providing the Principles for Responsible Management Education framework, developing learning communities and contributing to the achievement of the United Nations' Sustainable Development Goals. The PRME initiative comprises over 600 business schools and management-related academic institutions in over 85 countries worldwide.

Our global community has thrived on the commitment and the ideas brought by people from around the world. We contribute to global knowledge through the free movement of students, teachers and researchers. Furthermore, as a UN-backed initiative, we are speaking up to defend universal values and principles of the United Nations, namely equality, non-discrimination, freedom, and diversity. We are convinced that these values and principles are one of our greatest strength. Therefore, we are deeply concerned about growing protectionism, nationalism and populism on the global stage. Any form of discrimination related to religion, ethnicity or nationality is against the fundamental principles and values on which our societies as well as educational and research activities are based. Scientific progress depends fundamentally on an open exchange of ideas, scholars and students. To meet global challenges like climate change that are threatening our lives and those of future generations, we must depend on a science-based system of evidence. In combination, these developments have significant negative impacts on our economies and societies, on cooperation and peace in the world.

We considered the implications for the 2017 Global Forum for Responsible Management Education – 7th PRME Assembly and PRME’s 10th Anniversary scheduled to take place in New York City, USA, this July. We have deep concern for those potentially restricted from attending our conference and the implications for our shared values. Like other academic organisations we deliberated on a potential cancelation. After intensive consultations we decided to continue planning the event in NYC for the following reasons:  

  • We want to signal our support for the values and principles of equality, non-discrimination, freedom and diversity. 
  • We want to make use of the opportunity to address the issues in a meeting with the United Nations’ High-Level Political Forum (HLPF).  
  • We will adapt our agenda to provide space for discussing the reasons for our concerns in a constructive manner.  
  • We will make every effort to connect with those restricted from attending via technology. 
  • Future annual PRME conferences will be organised in locations providing equal access to all participants. 
  • PRME signatories are reminded that they are welcome to attend regional PRME Chapter meetings in other locations as well, a full overview of meetings can be found on the PRME website

We are heartened by the leadership shown by academic institutions, corporations and graduates of business and management schools, particularly in support of refugees. Refugees fleeing conflict and persecution are finding more and more borders closed and increasingly restricted access to the protection they need and are entitled to receive, per international refugee law.

We remain committed to our mission to prepare a new generation of globally responsible leaders and to preserve the freedom of research, teaching and learning in an international community. It is part of our responsibility to critically address any threats to these fundamental values and principles.

We call for more business and management-related higher education institutions around the world to join us and stand up for the principles and values we all share.

With warm regards,

Andrew Main Wilson
Chair, PRME Steering Committee

Jonas Haetle 
Head, PRME

Issued by PRME Steering Committee and PRME Secretariat. For questions, please email info@unprme.org.

08 Feb 2017

Global Survey Highlights Widespread Student Support for Responsible Management Education

16 January 2017 | New York – The United Nations-supported Principles for Responsible Management Education (PRME) and Macquarie Graduate School of Management (MGSM) Associate Professor Debbie Haski-Leventhal from have collaborated for a third time in conducting an international study on business students around the world and their attitudes towards responsible management education and corporate social responsibility (CSR).

To read this report, please click here.

The previous studies conducted in 2012 and 2014 revealed a growing interest and support among business and management students towards these issues. However, current research presented in this study demonstrates an even higher demand among students towards responsible management education.

“Many businesses are shifting their focus towards responsibility and sustainability and it is time that business schools would do the same,” Haski-Leventhal stated. “This would not only meet the expectations of business students and future business leaders, but would also assure that business schools walk the talk and contribute to a better society.”

Jonas Haertle, Head of PRME, reiterated the need for business schools to incorporate these values into teaching, research, and thought leadership in order to support global efforts for sustainability, particularly the recently adopted Sustainable Development Goals.

“Students around the world are already demonstrating awareness and enthusiasm for the SDGs. It is important for business and management education to increase their work around CSR and ethics so that today’s business students are equipped with the skills and knowledge to tackle the challenges of the future, and to create innovative solutions to support the SDGs,” Haertle said.

According to the results of the survey, 59% of students reported to have been educated about business ethics to good/excellent degrees (with 55% saying the same thing about CSR, and 43% on sustainability). 38% were educated on social entrepreneurship, 42% on responsible marketing, 36% on human rights and 35% on the Sustainable Development Goals. While it is not the majority of the students, these results are on the rise compared with previous surveys.

While 40% of the students felt well equipped to apply the above knowledge in real life, another 45% felt their schools are not doing enough in this area. 28% wanted their school to teach them more about these topics, particularly around ethics and environmental sustainability, further demonstrating growth in both knowledge of and commitment to responsible management education.

In addition, the students had strong attitudes towards CSR. 80% agreed that ‘social responsibility and profitability can be compatible’. 77% agreed and strongly agreed that ‘Companies should do a lot more for society and the environment’ and that ‘The overall effectiveness of a business can be determined to a great extent by the degree to which it is ethical and socially responsible’. On the other hand, 67% disagreed and strongly disagreed that ‘The most important concern for a firm is making a profit, even if it means bending or breaking the rules’.

Thinking about their future, it was important for 92% of students to work for an employer that is socially and environmentally responsible, with 16% saying it was absolutely essential. Students were willing to sacrifice high levels of their future salaries to work for employers who care about their employees, the community, the environment and ethics. When asked about working for employers who exhibit all four aspects, 19.2% of business students were willing to sacrifice more than 40% of their future salary to work for such an employer.

When asked about how their business schools should do so, the following percentages of students agreed or strongly agreed with the following items:

 

All business students should study business ethics

79%

All business students should study environmental sustainability

76%

My business school should teach us more about the Sustainable Development Goals and the role of business in achieving them

75%

My school should encourage students to have a critical analysis of all teaching they receive

71%

My business school should bring in ethics and corporate responsibility experts and leaders as guest speakers

70%

My business school should integrate ethical, social and environmental themes into the core curriculum

68%

My School should “walk the talk” and demonstrate responsible management, sustainable campus, social inclusion etc.

68%

All business students should study CSR

68%

My teachers should introduce more applicable case studies on social responsibility, sustainability and ethics

67%

My school should collaborate more with businesses to achieve responsible management education

65%

My business school should provide students with internships related to corporate responsibility / sustainability

62%

No changes are required in the area of responsible management education

27%

There is too much emphasis on responsible management in my business education

26%

My business school should only teach us how to maximise shareholder value

24%

 

As can be seen from the above table, most students agree that all business students should study business ethics as a key component of their management and business education. This finding contrasts with the long held belief of the late economist that the only responsibility of a business is to maximise profit and therefore their business education should only focus on this – only 24% of students appear to hold this view.

Associate Professor Debbie Haski-Leventhal says that the findings of the third MGSM-PRME study demonstrate very strongly the growing demand for responsible management education.

One of the most important findings are that students show a strong desire to work for genuinely responsible and sustainable companies, to a point where they are willing to sacrifice high amounts of money to do so. Companies that want to attract educated, responsible and purpose-driven staff should assure high levels of responsibility and communicate this to prospective employees.                                                       

A note on the survey: Nearly 1800 students responded to the online survey, mainly from Brazil, India, the US, Spain, Canada, Mexico and Australia. 46% of the respondents were females and the average age was 27. For the first time, this round included undergraduate students (31%) and 37% were doing their MBA. About 1 in 4 students were already working in a managerial position.

 

 

16 Jan 2017

PRME and oikos Announce New Partnership and Digital Resource

14 December 2016 | New York — The Principles for Responsible Management Education (PRME) and the student-driven international organization oikos have announced the formation of a new strategic partnership. Through a recently-signed Memorandum of Understanding, this partnership will support the development and promotion of the newly established oikos-PRME Research Hub. 

As an online portal, the oikos-PRME Research Hub will allow users to share high-quality sustainability research in management education and economics among bachelors, masters and PhD students worldwide. The goal of the portal is to encourage more students to undertake sustainability-related research. Both PRME and oikos commit through the new MoU to promote the Research Hub and share its value across both networks. 

More information on the oikos-PRME Research Hub can be found here.

Speaking for the PRME Secretariat, Jonas Haertle, Head of PRME, said this new partnership will further support PRME’s engagement with students and youth while encouraging users to acquire new ideas and skills through the oikos community.

“Business and management students at higher education institutions are more connected to one another through digital resources than ever before. The new oikos-PRME Research Hub will allow students across the world to share new research and thought leadership in the areas of business sustainability and ethics.”

oikos is an international student-driven organization for sustainability in economics and management. Founded in 1987 at the University of St. Gallen, Switzerland, oikos comprises today more than 45 chapters at universities worldwide and around 1,000 active members with one joint mission: to integrate sustainability into education and research in management and economics.

14 Dec 2016

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