Details for Instituto de Estudios Superiores de Administracion (IESA)
Type of Organization
Type of Education
Caracas, Distrito Capital, Venezuela (Bolivarian Republic of)
Sign Up Date to PRME
03 Oct 2008
Current Sharing Information on Progress Report Submission
22 Jul 2016
Letter of Commitment (2018)
Sharing Information on Progress (2016)
Period Covered: Jul 2014 to Jul 2016
Achievements Curriculum Integration in the Field of Corporate Responsibility and Sustainability
At Iesa responsible leadership is explicitly part of its mission and values, showing its paramount importance. In accordance to this, many different expressions of active action in these fields may be found:
In order to prepare students to manage social and environmental issues, contribute to societal development, and instil social responsibility values, IESA combines academic and extra-curricular inputs that build
on its mission: “To prepare individuals capable of assuming leadership positions in business, management, and the professions; and contribute to the success of public, private, and not-for-profit organizations.”
The different study programs feature an orientation workshop known as “The IESA experience”. In the MBA there are additionally two modules focused on management ethics and corporate social responsibility, and a required course titled “Business, the state, and society.” The latter seeks to provide students with analytical and diagnosis skills to enable them to relate organizational performance with Latin America’s social, political, and cultural context, and see themselves as change agents for the organizations to which they belong. Additionally, each MBA course includes content in social responsibility and ethics as background for the topics covered. MBA students may participate in projects undertaken by IESA as a socially responsible organization. IESA is physically located in San Bernardino, a blighted area of the capital city dotted with slums, where poverty and crime flourish. The San Bernardino Project, operated by IESA with support from business firms also located in the area, aims to work with community-based organizations (neighbourhood associations, police precinct, local schools) to strengthen the community’s voice in improving health, education, infrastructure, and police services.
MBA students may also participate in IESA case development and paper preparation projects under the Social Enterprise Knowledge Network (SEKN) program, joining 10 Ibero-American schools coordinated by the Harvard Business School. Under SEKN, IESA has developed a number of teaching cases and articles published in Venezuela and abroad that examine the management of corporate social initiatives as well as programs led by civil service organizations.
In 2007, IESA attained position 75 in the Beyond Grey Pinstripes Ranking, by Aspen Institute, focused on how Social and Environmental Responsibility is included in Management Education.
IESA will continue to offer all the experiences mentioned above, as well as to participate in SEKN. IESA is currently spreading the scope of its social entrepreneurship porfolio.
Achievements Research Development in the Field of Corporate Responsibility and Sustainability
IESA approaches research in the field of corporate responsibility and sustainability in several ways. Regarding types of research, there is important activity facing academic research, applied research and pedagogical research.
IESA belongs to SEKN, an association of business schools in Latin America and Spain, launched by Harvard Business School with support from the Avina Foundation. Its purpose is to develop intellectual capital focused on social initiatives within each school’s area of influence. The SEKN mission is to extend the frontier of knowledge and the practice of social entrepreneurship. Strategies deployed include Knowledge generation, Knowledge dissemination, Teaching, Institutional development, and Institutional network development and participation. The IESA-SEKN chapter features an Advisory Board made up of distinguished business leaders representing major multinational and local companies, and leaders of noted NGOs. SEKN projects are managed over two-year cycles featuring a common theme. The first SEKN cycle centered on examining partnerships between private enterprise and civil service organizations. The second cycle, completed in December 2005, focused on social initiatives led by private enterprise and not-for-profit organizations. The third SEKN phase, launched in January 2006, examines business-led market initiatives that improve the living conditions of low income sectors
Besides SEKN, IESA develops important research projects through its different academic centres:
The Marketing Centre is conducting important research on the area of Low Income Consumers/Bottom of Pyramid. The Finance Centre has developed a strong research line on Corporate Governance and is publishing in international journals on this issue of maximum relevance and social impact. The Public Policies Centre contributes, by means of applied research, effective solutions to problems faced by public institutions in Venezuela and elsewhere in Latin America and the Caribbean, and regarding NGO’s and social responsibility issues. The International Centre for Energy and Environment undertakes applied research on relevant issues that feature major social impact and promote investment and development in ways that are sustainable from an economic, financial, environmental and political standpoint. The Entrepreneurship Centre promotes new business ventures with a social orientation. The Centre for Production and Technology Innovation is very much aware of the role of a responsiveness approach of production on environmental management issues and pursue to directly impact on social and environmental management trough adequate production methods and technological innovations.
All the activity mentioned above is developed through on going initiatives, projected to continue for the following years. New research projects are added following the evolution of the area in Venezuela and globally.