On the 1st April, 2015, the Swiss government has produced their report and action plan for Corporate Social Responsibility, suggesting how business should embrace its societal responsibility. The action plan on Business and Human Rights and the Swiss response to Special Representative John Reggie’s framework principles on Business and Human rights is envisaged for summer 2015. The Irish Government is already a few steps ahead, they are now working on the Business and HR plan. The question is: is the plan good enough? Will it get us to a world where 9 billion people can live well and within the limits of the planet? How will we know? What do you think?
Our current scientific heritage has driven us to fractionate knowledge and a deepened understanding within specific areas or disciplines. It has also led us to a society and organizations structured by functions rather than issues or challenges. For any school of the future it will be of fundamental importance to break these man-made and inherited barriers between interdependent and interconnected areas of knowledge and of society.
In order to effectively develop future-relevant research and establish the basis for practice-relevant education, the management school of the future will tear down the currently existing, yet unnecessary, walls between business and management practitioners and researchers. New research and educational priorities will demand the removal of current barriers between academics and practitioners, allowing free movement in both directions, e.g.:
- A professor takes 2-years off  to work in a start-up in Somalia, or
- An entrepreneur spends a 2-year executives-in-residence  sabbatical to digest and distill his professional experience
Business leaders, entrepreneurs, directors of NGOs, consultants and activists will be encouraged to join the management school for one or more years to digest and distill their experience as research from the work place.
More than anything, the management school of the future needs a comprehensive mix of educators and researchers with a wealth of experiences and backgrounds. Moving back and forth between reflective work at a management school and work in the action frontier of business and other organizational work is a critical success factor of ensuring high relevance of the faculty in their role as lead-learners in the educational and research process.
 Kennedy School of Government, Harvard University
 IMD, Lausanne
The Management school of the future is committed to ongoing research as an important contribution to keep the school vibrant, exciting and relevant. The 50+20 stakeholder survey shows that business and management research need to transform into future-oriented search that is designed and conducted with and written for stakeholders.
Research is re-oriented to become an enabler for many long-term societal targets (such as the Millennium Development Goals which set eradication of poverty targets or the climate change 2050 targets). The management school conducts research that is multi-disciplinary, serves all stakeholders concerned with the resolution of an issue, and is designed and conducted in collaboration with these stakeholders.
Research involves a broad stakeholder base beyond managers and entrepreneurs to include societal stakeholders such as politicians and NGOs. The significant problems of our time can only be approached through applied research conducted by multi-disciplinary teams. As an example, developing solutions to climate change requires the whole of community response, new technology, government action and significant behavioral change. The ability to focus on the social and environmental impact of proposed approaches requires researchers with backgrounds across science, social science and health science disciplines. This will be imperative to develop effective solutions to global challenges. Our researchers become active players in business and society, collaborating with relevant stakeholders in the process of formulating and disseminating research questions.
A truly inspiring video worth sharing – Ken Robinson: How to escape education’s death valley. An important message for us all.
Ken Robinson outlines 3 principles crucial for the human mind to flourish — and how current education culture works against them. In a funny, stirring talk he tells us how to get out of the educational “death valley” we now face, and how to nurture our youngest generations with a climate of possibility.
Here’s an article in Bloomberg Businessweek that reflects greatly the many critical voices on business education, increasingly also from the mainstream business schools:
Larry Zicklin, a professor at New York University’s Stern School of Business and a lecturer at University of Pennsylvania’s Wharton School and Baruch College’s Zicklin School of Business, says B-schools should put less emphasis on research, and students shouldn’t be footing the bill. Read More…
Big news in our small business school world:
GRLI who hosts 50+20 becomes the armed wing of EFMD and AACSB to implement sustainability and responsibility in business schools:
FT.com featured this morning the announcement about EFMD / AACSB supporting GRLI at:
Excited to share the GRLI announcement about a strategic alliance with EFMD and AACSB International:
The Globally Responsible Leadership Initiative (GRLI) has entered into a long-term strategic partnership with EFMD and AACSB International (AACSB).
The agreement will see two of the most influential global voices in management education working closely with us going forward. The formal announcement notes that AACSB and EFMD will partner with our GRLI network of forward thinking companies and business schools to focus on an important message: that business and business schools need to work collectively to devote greater attention to developing responsible companies and leaders in the future.
This is exciting news for both our agenda and for us as a global partnership. Over the past nine years we have learnt a great deal about catalysing change in the complex interface between management education, business and society. This move creates a platform on which we can transform success into significance as we work to scale our impact in partnership with EFMD and AACSB International.
Commenting on the agreement, Eric Cornuel, Director General and CEO of EFMD said â€œThe GRLI, which we co-founded with the United Nations Global Compact (UNGC) in 2004, plays an important role already in providing direction, support, and visibility to what business schools are doing to foster responsibility and sustainability. However while there has been some initial success, much more remains to be accomplished. GRLI will become the armed wing of our shared ambitions at EFMD and AACSB to accelerate change.â€
AACSB International President and CEO John Fernandes said: â€œIn recent years, the role of business as a sustainable and socially responsible enterprise has risen consistent with the worldâ€™s demand for accountability. Through our accreditations and services, AACSB and EFMD are important stakeholders in addressing societyâ€™s objectives of sustainability, social responsibility and ethical leadership. This move increases the intensity of our focus in this area, and will enable both organisations to serve our members more fully as they seek to address the challenges of 21st century management education.â€
To reinforce our intent to make this partnership operate at the highest level, EFMD and AACSB will join GRLIâ€™s current Board of Directors, by each appointing two representatives that will participate in governing decisions. The two organizations will also provide financial support to bolster our capacity to achieve our mission.
Detailed discussions will take place amongst the three organisations over the coming months to turn the agreement into a practical programme. This will include making knowledge and expertise developed by the GRLI accessible to EFMD and AACSB members, as well as participation in GRLIâ€™s pipeline of projects and its various international events.
This is an exciting time for the GRLI and confirms our role as an influential catalyst for deep transformation at the interface between business, management education and society.