Hardwiring social responsibility and sustainable innovation in the DNA

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– SILVER WINNER OF THE 2019 EXCELLENCE IN PRACTICE AWARDS – Thailand is facing the challenge of innovating in the global economy while suffering severe structural inequality, an ageing population and poor governance. However, Thai businesses know well that more needs to be done to boost human capital, broaden access to education and skills, and ensure…

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Positive learning on carbon neutrality

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A leading Canadian school helps students to live their sustainable curriculum. By Simon Pek, Rick Cotton and Mackenzie Ford.   Growing a world-class, competitive business school and being a leader in sustainability may seem like two juxtaposed goals but the University of Victoria’s Peter B Gustavson School of Business, in Victoria, BC, has found a…

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Integration Program Business Lead

– GOLD WINNER OF THE 2018 EXCELLENCE IN PRACTICE AWARDS – The Hanken & SSE Integration Program Business Lead® is a fast-track for unemployed educated immigrants and refugees into business life. The programme is offered in collaboration with the largest Social Impact Bond in Europe. Finland received over 30,000 asylum seekers in 2015. Among them were…

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Responsible research

Imagine a world in which business schools, management scholars and social scientists worldwide have transformed their research toward producing useful and credible knowledge that addresses problems important to business and society.

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Ten reasons for social leadership

Alongside hierarchy and system, we need community and trust, and those will be earned through developing strong Social Leadership as a counterpoint and complement to formal aspects of power.

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Moving on from Rio

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Last year’s Rio+20 UN summit may have been something of a disappointment, but there were still some significant and positive outcomes, say Anthony Buono, Jean-Christophe Carteron and Matthew Gitsham.

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UN PRME and Emerging Economies

Business schools from emerging economies need to embrace UN PRME, argues Umesh Mukhi, and suggests some ways they could do it. One of the most important questions asked among management educators in the last five years has been “how can business schools change their practices?” The United Nations Principle for Responsible Education (UN PRME) initiative…

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Cadres for the Common Good

The 50+20 vision has ignited a flame that illuminates a path towards the future of management education. John North and Hamid Bouchikhi describe the latest steps on the journey. With the dry winter months encroaching on large parts of sub-Saharan Africa it is not uncommon to spot and often smell wildfires or veld fires as…

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50+20 Offers a Clear Vision

Can business schools present a new vision of management education for the world? Katrin Mufff believes that through the 50+20 initiative they can. The World Business School Council of Sustainable Business, WBSCSB was founded at;the Academy of Management in August 2010 as a think tank. We intended it to serve as a platform for action…

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Gradualism Prevails and Perception Outbids Substance

Ulrich Hommel, Mollie Painter-Morland and Jocelyne Wang summarise the results of the Third EFMD/EABIS Global Deans Survey on ‘Sustainability and the Future of Management Education’. Business schools play a key role in driving the sustainability agenda within management practice. They do so not only by shaping and preparing the next generation of business leaders but…

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Looking on the bright side

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Raymond Saner and Lichia Yiu argue that despite worrying times, initiatives such as sustainable development goals, responsible business conduct and business diplomacy management can provide a winning formula for shared prosperity. We easily get overpowered today by bad news, ranging from terrorist attacks through desperate mass migration to deep-seated corruption in business and politics. It…

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Responsible innovation: the entrepreneurial imperative

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Philippe de Woot argues that we need to transform our creativity into real progress for humankind, and shows how social innovation can open the door for new methods and practices. Innovation and creativity are essential to the dynamism of an economy. Faced with the growth of emerging countries, the competitiveness of developed countries mainly depends…

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Crowdsourced

October 2015 Kenneth W Freeman and Howard Thomas outline some of the crowdsourced ideas about the future of business schools and other institutions that emerged from the first Business Education Jam For four days last autumn, researchers, scholars, students, executives and thought leaders engaged in an unprecedented online brainstorming session about the future of management…

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Redefining the organisation

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‘Robber Baron’ or ‘Robin Hood’? Dan Pontefract argues that some, if not many, organisations have forgotten what they once stood for. It is time, he says, to review, refocus, recreate and thus redefine their true purpose.

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SME too! Why SMEs Must Sign up to CRS

Frank Vidal and André Sobczak assess a study by Audencia Nantes that suggests that small companies are ignoring the benefits of corporate responsibility initiatives. Over the last decade, corporate social responsibility (CSR) has moved from being a fad or fashion to a top priority for business leaders across the world. An increasing number of large…

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Embedding Values

EFMD-GlobalFocus Mag

Mark Moody-Stuart examines the difficulties of ensuring that the right values are agreed, understood and truly embedded in a large multicultural business organisation. I once attended a large dinner and discussion at the World Economic Forum in Davos, Switzerland, on standards for not-for-profit organisations. The debate was mainly between the leaders of such organisations asking…

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Innovation in action

John North and Anders Aspling detail the work of the first GRLI Management Education Innovation Cohort to serve a world in transition.

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Rethinking Enterprise

Philippe de Woot, in an article based on his latest book, argues that economic actions based on ethical and political dimensions are increasingly essential. If there is a key trend in our time it is that of the progress of science and technology. This trend has become a steamroller whatever the vagaries of history and…

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How many business schools does it take to change the world?

Danielle Steele and Liane Weitert describe how six business schools from around the world have joined forces to make the idea of applied interaction a reality. In 2010, Dr Pierre Tapie, former Dean of ESSEC Business School in Paris, France, questioned what role business schools were playing in solving some of the world’s pressing societal…

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