Jean-François Manzoni explores an international business school’s experience with the EFMD Business School Impact System In 2017, IMD adopted the tagline “Real Learning, Real Impact,” reflecting the institution’s orientation towards having a significant and sustainable impact on individuals, organisations and society. Around the same time, we were introduced to the EFMD Business School Impact System…

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Michel Kalika and Gordon Shenton assess the role of BSIS after seven years.   When BSIS (Business School Impact System) was created in 2012, the main aim was to develop a system that would allow business schools to convince their stakeholders of their impact and the extent of their usefulness to their impact zone. At…

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Intentional_impact

Paul Beaulieu explains how, in response to a new wave of social demands, business schools should adopt a more comprehensive and responsible social engagement. This may pave the way for the emergence of a new generation of business schools.   A new wave of social pressures and requests is infusing the higher-education milieu. Around the…

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Michel Kalika and Gordon Shenton explain why business schools not only talk about impact but are learning how to make a better job of assessing it.    Business schools refer more and more frequently to the issue of impact when defining their mission/vision/strategy. In 2018, out of the 55 schools to which AACSB and EFMD…

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Ramon O’Callaghan and José Varejão outline the positive effects of a BSIS study. Unlike most universities, Portugal’s University of Porto has delegated its mission to educate future business leaders to two schools: the School of Economics and Management (FEP) and the Porto Business School (PBS). FEP is a regular school of the University of Porto.…

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Patricia Bradshaw and Erin Elaine Casey describe how the BSIS process has helped herald the impact of the Sobey School in Canada, the first business school in North America to utilise the system The Sobey School of Business at Saint Mary’s University is a large business school in a medium-sized university in a small city in a small province on…

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BSIS was designed to measure the impact of business schools on their environment. But, ask Gordon Shenton and Michel Kalika, what is the ‘impact’ of the Business School Impact System, and what effect does undergoing the BSIS process have on business schools themselves? The Business School Impact System (BSIS), a joint venture between EFMD and FNEGE (the…

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BSIS: The key tool for measuring a business school’s impact on the world around it. The Business School Impact Survey (BSIS) scheme is designed to determine the extent of a school’s impact upon its local environment – the city or region in which it is located. The scheme was initially designed by FNEGE (the French…

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Nehme Azoury explains how an historic Lebanese university has opted for a modern impact programme for its business school. In 1736, at a time when the idea of a young woman pursuing her studies was inconceivable, a Lebanese Christian community known as Maronites declared the adoption of a policy of free and compulsory education for…

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Management is not only taught in business schools. For more than 100 years it has also been taught by a special type of university that is ‘more than a business school’. An international group of university leaders trace the emergence, role and future contributions of ‘universities for business and management’ Some traditions remain vital while…

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Business schools are facing increasing pressures to demonstrate their ‘impact’ on their surroundings and operations. Christophe Lejeune, Julie Davies and Ken Starkey analyse new research into how the impact agenda is affecting schools. Among the many implications for business schools of the 2008 financial crisis was the emergence of the “impact agenda.” At its core…

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EFMD-Global Focus Business Mag

Thomas Bieger explains how the University of St.Gallen used the new Business School Impact Survey to consolidate and build on its local roots. Imagine you are the chief executive of an airport whose customers are rather dispersed. Some of them live up to 100 miles away, which is true of a minimum of 40% of…

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