Davos, Switzerland - For the third year in a row, PRME co-hosted the “Deans Dialogue” at the annual World Economic Forum in Davos together with Corporate Knights and Positive Impact Rating. The main outcomes of the luncheon, attended by more than fifteen PRME Deans, ten of whom represented PRME Champion schools, were the launch of the first Positive Impact Rating (PIR) report and the PRME Champions programme for the 2020-2021 cycle.
The first edition of the PIR was presented by Clementine Robert, President, oikos International and Prof. Dr. Thomas Dyllick, St Gallen University. The PIR is powered by students and their voice was loud and clear, encouraging business schools to shift from a mindset of “being the best in the world, to being the best for the world.” This ethos is echoed by the UN Global Compact and its 20 year Anniversary slogan “Uniting business for a better world.” As a sign of recognition, 90% of the 30 highest rated schools on the Positive Impact Rating were in fact engaged signatories of the PRME initiative.
The PIR launch was followed by a panel debate with Andrew Jack, Financial Times Global Education Editor, Toby Heaps, CEO of Corporate Knights, and Katrin Muff, Founder of the Positive Impact Rating, which provided ample food for thought and challenged the status quo of business schools rankings. Thereafter, a thought leader discussion with all participants outlined key areas for further transformation in higher education rankings, a follow-up on last year’s discussion in Davos surrounding rankings and areas for development in the sector.
In addition to the PRME Deans, invitees included senior members of the business school ranking community, student representatives from PRME schools and student organizations, participants of the UN Global Compact, and other stakeholders.
Living our values in the Decade of Action and Delivery: Partnership and Dialogue are the Fifth and Sixth Principles of PRME, pillars of the initiative that are highlighted at multi-stakeholder forums like the Deans Dialogue at Davos. These forums also reflect PRME and the UN Global Compact’s commitment to furthering SDG 17, Partnerships for the Goals.