Women, Responsible Leadership and the MBA (part 2): Entrepreneurship and 10,000 Women

 UnknownThe last blog focused on Women, Responsible Leadership and the MBA by looking at the range of initiatives and resources available on this topic. Now, the second part considers the growth in training programmes specifically focused on women entrepreneurs.

Specifically, we look at PRME signatories involved in the 10,000 Women project started by Goldman Sachs. The project is a five-year global initiative designed to help grow local economies and bring about greater shared prosperity by providing 10,000 underserved women entrepreneurs with business and management education, access to mentors and networks and links to capital. The project is currently operating in 43 different locations around the world and partners with local schools to develop and provide entrepreneurial training. Participating schools offer free certificate programmes for women around entrepreneurship which often also includes mentorship and networking opportunities.

The Women’s Entrepreneurship and Leadership Center of The American University in Cairo has created The 10,000 Women Entrepreneurship and Leadership Certificate Programs (WEL) for Egypt. The Center works to narrow the gender gap by supporting a pool of talented women entrepreneurs and leaders to become active contributors to the economic vitality of their communities. Over 303 entrepreneurs have been trained since 2008.

In Brazil, Fundação Dom Cabral offers, in partnership with INSEAD, a  Entrepreneurial Women Programme certificate, which covers strategy, finance, marketing, people, logistics and business plan development. Since 2009, there have been twelve classes for women to develop competencies and skills that entrepreneurs need to make their businesses grow. This year, over 200 women have signed up for the next programme. Also in Brazil, Fundação Getulio Vargas offers a similar certificate, while their website provides an overview of the different businesses run by women who have gone through the certificate programme.

In the US, Babson College was been working to unlock the growth and job-creation potential of small businesses across the United States by providing greater access to business education, mentors and networks, and financial capital. Delivered through community college partners at select sites across the US, participating business owners must have a minimum of four employees, been in business for at least two years and post annual revenues of between $150,000 and $4,000,000.

In Peru, the Universidad del Pacifico is also involved in training women entrepreneurs. Because Peru has a well-developed microfinance network, the programme uses these networks for recruiting purposes and offers alumni access to a range of finance options to help them grow their business.

In South Africa, University of Cape Town launched the Raymond Ackerman Academy 10,000 Women program which targets two social issues, increasing unemployment as well as the large and quickly growing youth population. The programme gives students the skills to help them pursue careers, further their studies or start their own business and is open to both women and men. University of Pretoria has a certificate programme for women which takes place for 16 days spread over 4 months and includes 6 months of mentorship, 6 months of community-based women entrepreneur dialogues and ongoing networking events.

In China, Tsinghua University has partnered with Yale to create the Yale-Tsinghua Certificate in Healthcare Management. The program aims to help female Chinese healthcare managers and officials attain knowledge, skills and networks necessary for continued growth in healthcare careers. The programme is looking to train around 500 female Chinese healthcare managers and officials.

In India, the Indian School of Business’ Women’s Entrepreneurs Certificate Programme has had over 550 women entrepreneurs who have successful completed the programme across Bengaluru, Delhi, Hyderabad, Mumbai and Pune. They also provide a system of mentorship both online and offline.

There are also a large number of signatory schools that have entrepreneurship programmes focused on women which are not part of the 10,000 Women initiative. International Business School in Lithuania in 2010 implemented a project “Promoting Entrepreneurship among Women in Georgia in the Context of Integration into the European Union.” The project was designed to contribute to Georgia’s economic and social development and programs. Promoting women’s entrepreneurship is seen as a preventive measure to reduce women’s unemployment and poverty levels as well as to contribute to one of the strategic goals of the Millennium Development project.

Energy and Sustainability in Business Schools – Business School response (Part 3)

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Energy and Climate Change are two very important issues for the business sector. Companies of all shapes and sizes are working both independently and together to reach various carbon reduction goals set by themselves or by the international community (see Part 1).

Business schools are also increasingly active with more and more schools reporting on their energy and carbon reduction activities. In Part 2 we looked at a series of measures that business schools are taking to raise awareness about and reduce their carbon footprints. Here we look at how schools are getting more deeply engaged in these issues through partnerships, curriculum and research.

Partnerships

Several schools are partnering with businesses, NGOs or governments to help them with their carbon reduction goals. Universidad del Pacifico in Peru collaborated with the Fundacion Ecologia y Desarrollo in Spain to create their carbon strategy. The project included an awareness raising campaign, a project to calculate the emissions on campus and work with the different parts of the campus to ensure that these efforts continue into the future. At Fordham University, they measured and implemented methods to reduce their carbon footprint, working to meet the City of New York’s program for carbon reduction of 30 percent by the year 2017. An energy and greenhouse gas emission study was completed as part of New York City Mayor Michael Bloomberg’s challenge to institutes of higher education to reduce greenhouse gas emissions 30 percent by the year 2017. The University of Dubai in the UAE, invited the Dubai Water and Electricity Authority (DEWA) to campus to conduct a workshop on conservation and present the latest developments in the fields of water and energy for students, faculty and staff. On February 16, 2012, the University was given the ‘Conservation Award – For a Better Tomorrow’ from DEWA for its reduction of water consumption by 9%, electricity by 23%. At Copenhagen Business School green technology are showcased regularly on campus to demonstrate new green IT solutions, electric vehicles or paperless systems to raise awareness among students and faculty. Companies such as IBM and Velux were the first corporate partners to showcase green technology at CBS.

Courses

A range of businesses are providing elective courses focused on the topic of energy. Babson has a course called The Norwegian Experience, an off shore course that explores the drivers of opportunities in the energy domain and examines ways new ventures are applying technologies in wind, water, solar and alternative fuel.

A growing number of schools have gone beyond providing single courses around energy related topics to creating whole MBA’s focused on Energy. Both Warwick Business School in the UK and Centrum in Peru have MBA programmes focused on Energy. The Energy MBA at Centrum was created to understand how to generate value in the energy field. The program focuses on the application of knowledge, techniques and best practices in order to ensure the management of hydrocarbon resources in different industries. In Switzerland the University of Applied Sciences HTW Chur has a Master of Advanced Studies in Energy Economics. Escuela de Organizacion Industrial in Spain provides an executive programme focused on carbon training. St. Gallen in Switzerland has a Diploma Program in Renewable Energy Management which provides training for future leaders in tomorrow’s energy markets.

Centres and Research

Many schools in all regions of the world have centres focused on the topic of energy and climate change or tackle these issues within their sustainability and other related centres. At the Rotterdam School of management the Erasmus Centre for Future Energy Business develops the business foundation for tomorrow’s energy markets. Their research focuses on bringing together energy practitioners, policy makers, and researchers from Economics, Computer Science, Behavioural Sciences, and Management Sciences to guide and to shape the transformation of the energy sector. The school will be hosting their second annual Erasmus Energy Forum in May 2013 focused on exploring the future of the energy business. In the US the University of California at Davis has an Energy Efficiency Centre which works to accelerate the development and commercialization of energy efficiency technologies, and to train future leaders in energy efficiency. University of Applied Sciences HTW Chur in Switzerland has a similar centre and also hosts the Swiss Alpine Laboratory for Testing of Energy Efficiency where they conduct measurements in the area of energy efficiency in line with established Swiss and international norms and practices.

- This is part of a series of blogs in 2013 focused on business schools and energy - 

MBA students impacting lives in developing countries – MBA+ Challenge Video Contest

gbsn_MBA_Plus_challenge_logoAs we have seen in some of the recent blog posts on Primetime, contests present a growing number of opportunities for students to highlight their work and ideas in the area of sustainability on a global scale. The Global Business School Network (GBSN) has a yearly contest called the MBA+ Challenge Video Contest that especially focuses on how business students can impact lives in the developing world.

I recently had the chance to speak with the team at GBSN about this contest and what they are hoping to accomplish and highlight through it.

1.     Tell us a little bit about GBSN

GBSN addresses the severe shortage of skilled managers in the developing world. Here at the Global Business School Network, we believe that business education is essential to improving economic and social development in the developing world. We build local management education capacity through our international network of over 50 top business schools spanning 5 continents.

Our annual conference in Tunisia this coming June will also mark our 10th anniversary. At the conference, “Education, Employment and Entrepreneurship,” we will focus our attention on the role of business education in addressing the widespread challenges in employability and entrepreneurship for young people in the developing world.  More information is available at www.gbsnonline.org/2013.

 2.     What is the MBA+ Challenge Video Contest?

In order to capture and celebrate business students’ contributions in the developing world, GBSN holds our annual MBA+ Challenge Video Contest.  The challenge is to create a powerful video demonstrating how business students are utilizing their skills and education to impact lives in the developing world. For the first time we’ve opened the contest up to ALL business, management and entrepreneurship students and recent graduates (in the past 5 years) from around the globe – hence the “+”.

3.     What are the details of the contest?

The video should be no longer than 3 minutes, and can be produced and submitted by teams or individuals. First prize wins an all expense paid trip, for one team member, to GBSN’s Annual Conference in Tunis, Tunisia, June 10-12, 2013, where he or she will present the winning video. The winning teams will also be highlighted in the GBSN’s newsletter, website and Annual Conference program.

The producers of the top five videos, as determined by online voting, will each get the chance to have a mentoring session by Skype with an international leader in business or development. The contest will be open for submissions March 1st through the 31st. The online voting polls will be from April 1-14th. After the 5 finalists are chosen by votes, a panel of judges will then select the first, 2nd and 3rd place winners. This will be announced April 30th.

4.     What kind of videos are you hoping for? What were some of the highlights from past contests?

We want to see creativity, but more importantly, we want to see an impactful story.  Last year’s winner was a group from the Tuck School of Business at Dartmouth College. Their video was inspired by the group’s participation in the “$300 House project.” A team of professors and students traveled to Fond des Blancs, Haiti to help the poverty stricken town improve living conditions. The team visited with families to better understand the problem, and came up with an architectural plan to build 100 houses over the span of five years.

Check out the rest of winning team member Jacqueline Stein’s blog post on nextbillion.net, where she shares her story of the project that inspired the winning video.

Link of winning video: http://youtu.be/rVKF8lOCRYo

Link to past winning videos: http://www.gbsnonline.org/?page=videos_mbachallenge

5.     What impact are you hoping that this will have?

We are hoping this contest will spotlight business students’ impact in developing countries. We also want to show other students, faculty and parts of the business education realm the positive impact that business education can make in addressing social and economic challenges. Our mission is to improve business education in the developing world in order to foster excellent leaders and managers. This contest is one way of demonstrating the mark that business students are making on the world.

Spreading the word about PRME on campus

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Signatories to the Principles for Responsible Management Education from around the world are using a wide range of strategies to integrate PRME into their curriculums and raise awareness about the Principles among their students and staff. One method that schools from all regions of the world are able to implement is to create posters with the 6 Principles of PRME on them and posting them in high visibility spots around campus as a way.

Several schools such as ISAE FGV in Brazil (pictured below) and the University of Hull in the UK created large posters with information about the Principles and their commitment to these which are placed on walls around the entrance to campus. In Peru, Centrum Católica (pictured above) displays a poster with the Principles on campus and in each classroom. This makes students aware of the school’s commitment and, as a result, students will often ask faculty and administration for more information about the initiative.

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In the USA, Thunderbird School of Global Management has posted information about the Principles across campus. They are also used as a guideline in curriculum development and as a pedagogical tool. Many of their students report that they chose Thunderbird based on its commitment to managerial professionalism and responsibility.

In Canada, MacEwan School of Business created a poster which was unveiled when they first became a signatory in January 2011 and is now displayed on campus.

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In the United Arab Emirates, the University of Dubai put the PRME poster with the six Principles in three locations on campus; at the main entrance near the reception, in the students’ foyer and in the MBA lobby. The purpose was to create awareness about the organization and UD’s commitment to the Principles. In addition, all students have to take a core course, “Business and Society,” in which students learn about PRME, the Global Compact, and how the UD is involved in each of them.

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In Jordan, Talal Abu-Ghazaleh College of Business decided to show the written Principles to increase the awareness of both students and faculty members and show how they are deployed in the school’s MBA program. Introductory sessions were held to raise awareness of PRME and explain how TAGSB is fully committed to the Principles, assuring the full understanding of how crucial it is to align them.

Many of the schools listed have created their own banners; however, the PRME secretariat also has a banner which is available to download from the PRME website at http://unprme.org/resources/display-resources-sub.php?scid=10.

- Do you have a poster on campus showing the Principles? Let us know and send us a picture. - 

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2012 International Year of Cooperatives and Management Education – Business school response (Part 3)

Each year the United Nations identifies an issue of global importance and uses that time to raise awareness about it in the international community. The 2012 International Year of Cooperatives recognizes the diversity of the cooperative movement around the world and its contribution to socio-economic developments, such as poverty reduction, employment generation and social integration.

In Part 1 of this series introduced the International Year, while Part 2 looked at a range of examples of cooperative operations around the world. In Part 3, we will see how business schools are exploring this topic in their programmes.

Some business schools provide specialized programmes focused on cooperatives. A leading programme is Saint Mary’s University in Canada’s Master of Management  Co-operatives and Credit Unions which is designed to improve students’ understanding of management within the context of the co-operative economic model.

SDA Bocconi School of Management in Italy created a Master in Management of Social Enterprises, Not for Profit Organizations and Cooperativesbased on intensive dialogue and discussion with the cooperatives themselves. Again in Canada, L’Université du Québec à Montréal offers a specialization in cooperatives and social organizations. They also bring in the topic of cooperatives across their programmes and initiatives, emphasizing cooperatives management during orientation activities and maintaining an endowed faculty chair on the subject.

Cornell University’s Cooperative Enterprise Program aims to enhance the performance of existing cooperative businesses and facilitate the development of emerging cooperative enterprise through teaching, research, and outreach. The CEP has grown out of a long-standing outreach effort at Cornell to agricultural cooperative businesses.

A few Business schools have Centers for Cooperatives. The University of Wisconsin’s Center for Cooperatives has a dedicated site for the International Year of Cooperatives with a wealth of information including how to start a coop. They also have links to research they have done around the economic impacts of cooperatives in the US.

Gustavson School of Business in Canada incorporates cooperatives into several of their courses. The international finance course includes frequent discussions based on current news from international financial markets, and students present in class on the topic of financial co-operative institutions and their role in developing countries. They also have an active interdisciplinary Centre for Co-operative and Community-Based Economy.

 Some schools also provide space for cooperatives to develop. ISAE/FGV for example has Technological Incubators for Popular Cooperatives (ITCP), in partnership with the Stickel Foundation. These incubators have been working with two solidarity and inclusive enterprises created by women from the Brasilândia, a low‐income neighbourhood in São Paulo: Doces Talentos, an organic catering service; and Brasilianas, a sustainable fashion project.

Is your school providing programmes on Cooperatives? Share your examples in the comments area below.

2012 International Year of Cooperatives and Management Education – Business Examples from Around the World (Part 2)

Each year the United Nations identifies an issue of global importance and raises awareness about it in the international community. The 2012 International Year of Cooperatives recognizes the diversity of the cooperative movement around the world and its contribution to socio-economic developments, such as poverty reduction, employment generation and social integration.

The World Co-operative Monitor launched in October 2012 ranks the 300 largest co-operative and mutual enterprises by turnover and provides a list of these organized by industry. The official website for the Year also provides a list of national cooperative associations organized by region. A few PRME professors shared their thoughts on top cooperative practices with us:

Leo Wang, Assistant Professor, School of Business, McEwan University, Canada: Mountain Equipment Co-op in Canada is a great example of an alternative business model that is built around leaving the world a better place than when we arrived. As both a cooperative and a business engaging in sustainable practices, it tries to champion sustainability in many different aspects (supply chain, internal processes, communications with consumers, etc.). For just $5 you can get a lifetime membership which gives you the right to vote. They now have over 3.3 million members.

Elizabeth Franklin-Johnson, Euromed Management, France & CEREFIGE, France: Sol à Sol is playing an important part in constructing the social economy as well as preserving nature. Selling organic fair-trade “Maté”, a traditional Argentinean drink, this cooperative offers rural workers in Argentina a chance to develop sustainably, have access to training and have a fair price for their products. From Sol à Sol’s base in Marseille, France, goods are packaged by employees in an environment which helps the social and professional integration of adults with disabilities. Sol à Sol has managed to combine the social, economic and environmental pillars into their business model, as well as having the additional ethical angle, all of which confirm their implication is sustainability, and in my mind ticks all the boxes!

Other examples recommended by faculty and students include;

  • Mondragon in the Basque region of Spain is a cooperative movement of workers that began in 1956 which has more than 83,000 employees and 9,000 students. 85% of its industrial workers are members.
  • Rabobank in the Netherlands was founded as a cooperative over 100 years ago by enterprising rural people who had virtually no access to capital markets. It has since grown in into an international financial service provider with a wide range of products. Its focus on sustainability revolves around four themes: safe and sustainable food supply, renewable energy and cleaner production, economic participation and access to finance for all and community involvement.
  • Unimed do Brasil is the largest private healthcare operator in the world. It also has the largest number of coops – 370 – which include 109,000 doctors and 3,029 accredited hospitals that provide care for more than 18 million customers.
  • Seikatsu Club Consumers’ Cooperative Union in Japan is an organization that started in 1965.  Initially, a single Tokyo housewife organized 200 women to buy 300 bottles of milk in order to reduce the price. It has since grown and now places an emphasis on direct producer/consumer links and is dedicated to the environment, empowerment of women and improvement of workers condition. Today, there are 600 consumer co-operatives with over 22 million members (almost a fifth of the country’s total population of 127 million) who buy a wide range of food products, clothing, publications and daily goods.

What other examples of cooperatives can you think of? Share them in the comments box below.

- This is part of a three part series on the International Year of Cooperatives. Part 3 will feature the response from business schools.

 

East Africa University Researchers learn from Brazil’s Experience with Sustainability

At the 3rd Global Forum in Rio de Janeiro Brazil, Shiv Tripathi from Mzumbe University in Tanzania and Ajai Prakash from KCA University in Kenya visited ISAE in Curitiba, Brazil. The purpose of their trip was to learn more about ISAE’s approach to embedding sustainability into their curriculum. As a result of this meeting, the faculty involved put together a case study to allow others to learn more about some of the lessons that ISAE has already gained along this journey.

I had the chance to speak with Shiv after Rio about his trip to Curitiba and the ISAE case study.

1. Why did you decide to visit ISAE?

We first met ISAE President Prof. Norman de Paula during the PRME Latin America Conference in Buenos Aires (December, 2011). We were impressed by ISAE’s community partnership based responsible management education approach so we wanted to explore how ISAE was doing this. In July, after the PRME 3rd Global Forum in Rio de Janeiro, Brazil we had the opportunity to visit ISAE and learn about their work in person. We wanted to collect some cases – examples of management institutions’ role in poverty eradication for a proposed PRME book publication project. Fortunately, ISAE was willing to share its stories.

2. What are some of the most interesting findings from that meeting?

There were several interesting findings from the meeting. First, we were very interested in how ISAE demonstrates how institutions can integrate PRME philosophy into institutional mission/vision. They are developing a model for adoption of the responsible management education approach by actively engaging management, faculty, staff and students. The institution receives encouraging support from industry and community organizations. Most importantly, it does not aim to handle directly the community development activities, rather ISAE’s efforts are focused on strengthening the management capacity of other organizations engaged in helping to promote sustainable development.

3. Is Brazil’s approach very different from yours at home in Tanzania?

Yes, one could feel the difference in approach around integrating ethics and program curriculum. Here, in most cases I’ve seen the institutions treating ethics teaching as piece-meal approach i.e. offering a course or part of course on ethics and sustainability. At ISAE they are already actively working to integrate contents and methodology for ethics in the entire value-chain of programs by including it in all need-based subject areas. Their goal is truly to mainstream ethics and sustainability in management education.

4. How are you hoping the case will be used by others?

While developing the case, efforts were made to address the responsible management education challenges like content integration, student involvement, methodology, capacity building, etc. So it could be used to analyze the different implementation issues in the different settings by focusing on ISAE’s model. It could also be used as a model for ‘change management’ towards responsible management education. Further, the objective is to use the case in capacity-building training for institutions willing to adopt responsible management education and PRME.

5. What lessons from your trip are you able to apply to your programmes?

We are taking back quite a few lessons from this meeting to our campus around how to integrate ethics into the curriculum in particular. Ethics and sustainability need to be mainstreamed into all of our core and elective course offerings instead of only teaching dedicated courses in this area. In order to bring about this change, we need to integrate the topics not just into teaching but also in our research and outreach value change. Strong positive leadership, a belief in the concept of responsible management education and commitment at all levels is the key to making these changes.

To access the case click here.

To learn more about ISAE’s efforts around sustainability click here.

A Toolkit for embedding Anti-Corruption guidelines into MBA curriculum

Anti-Corruption Working Group Meeting in Rio 2012

The PRME Working Group on Anti-Corruption in Curriculum Change has developed an innovative new resource for integrating anti-corruption values into the core curricula of leading business schools. Launched at the 3rd Global Forum, the Anti-corruption guidelines for curriculum change, or Anti-Corruption “Toolkit,” is part of a four-year project dedicated to providing a teaching framework that prepares students for the ethical, moral, and practical challenges that they will face in the marketplace.

According to the project coordinators, Matthias Kleinhempel and Gabriel Cecchini of IAE Business School’s Center for Governance and Transparency in Argentina, “The toolkit provides guidance and step by step approaches on successful guidelines, methods, techniques, mechanisms and processes for effective changes in responsible management curricula. By drawing lessons and experiences from several sources around the world, the Toolkit describes various methodologies and strategies. The toolkit is easy to use, it is constantly being updated and can be adapted to local use.”

What will you find in the toolkit?

The toolkit utilizes a mix of core concept readings, detailed case discussions, primary sources and documents, and scenarios devised for class discussion. Each of the ten study modules includes a long list of resources that allow faculty of different countries to design a course that is appropriately suited to the necessities of his/her students. The modules include;

 (1)   Core Concepts: The recognition and framing of ethical dilemmas and social responsibility and their importance in strategic decision making.

(2)   Economics, Market Failure and Professional Dilemmas:Economics and market failure in its various forms and how it is manifested in corruption.

(3)   Legislation, Control by Law, Agency and Fiduciary Duty: Many questions of agency leading to corruption arise from improper gifts, side deals and conflicts of interest.

(4)   Why Corruption, Behavioral Science: This module addresses the question: What does Behavioral Science teach us about how to design a performance incentive system that encourages integrity as well as productivity?

(5)   Gifts, Side Deals and Conflicts of Interest: Legislation and cases to understand gifts, side deals, and conflicts of interest and thelying and obfuscation that is often used to conceal them.

(6)   International Standards and Supply Chain Issues: Frameworks and analytic methods for discussing the problems that companies face in the need to respect moral standards across borders, local customs (e.g., giving and receiving gifts) and bribery.

(7)   Managing Anti-Corruption Issues: Designing, implementing, and overseeing corporate ethics and compliance systems in response to local and global compliance regimes.

(8)   Functional Department and Collective Action Roles in Combating Corruption: The functional departments examined include human resources, marketing, accounting and finance.

(9)   Truth and Disclosure, Whistle blowing and Loyalty: These topics raise issues of timing and context as towhat point and under what circumstances an agent or employee is permitted to blow the whistle on corruption.

(10)   The Developing Global Anti corruption Compliance Regime: Topics include (a)global public policy principles and how are they promoted/enforced and (b) links between corruption and forms of state failure such as deprivation of human rights and environmental degradation.

How can others use this resource?

The basic idea of the Toolkit is to present a buffet of ideas and resources on how to take education on anti-corruption to the next level. It presents up-to-date content in a comprehensive way and supports its delivery in the classroom. Faculty can choose those elements deemed most useful in revising their curriculum or creating a new stand-alone course. The corresponding chapters outline their importance, define learning goals and questions, provide a listing of relevant literature, cases and dilemmas address.

Who is currently implementing this project?

More than ten schools are currently involved in the pilot phase of the Toolkit. Taking place in the second half of 2012 and first half of 2013, this process will enable adaptation of lesson for local use and improve core elements. The participating pilot schools include HSBA Hamburg School of Business Administration (Germany), University of Applied Sciences HTW Chur (Switzerland), Bangalore University (India), IAE Business School (Argentina), Copenhagen Business School (Denmark), AESE Business School (Portugal), Lagos Business School (Nigeria), Silesian University of Technology (Poland), Faculty of Business Management – Open University (Tanzania), and Audencia Nantes School of Management (France).

How can others get involved?

Once the pilot phase concludes in the first half of 2013 and the feedback from pilot schools has been received and processed, the Toolkit will be openly available to all interested institutions around the world through an online platform. In early 2013 we will post some further blogs with some of the lessons learnt from this process.

The toolkit will also be presented by Ron Berenbeim of NYU Stern and a member of the PRME working group at the upcoming International Anti-Corruption Conference.

You can access the toolkit online.

Integrating Poverty into Management Education: 10 questions with Milenko Gudic about the PRME Working Group on Poverty (Part 2 of 2)

Al Rosenbloom and Milenko Gudić, Working Group coordinators, meeting to design the 2010 CEEMAN/PRME Survey on Poverty. The idea of developing socially responsible management students who might address the issue of poverty originated from a discussion with Al in 2006

The PRME Working Group on Poverty as a Challenge to Management Education (Anti-Poverty Working Group), launched in 2008, advocates for the integration of poverty-related discussion into all levels of management education worldwide. It is grounded in the belief that poverty is a legitimate topic for discussion and research in business schools and that business can and should be a catalyst for innovative, profitable and responsible approaches to poverty reduction.

According to the PRME Anti-Poverty Working Group, “Business schools, as the main providers of educational services, need to exchange views and ideas, collaborate and develop new ways and means to sustainable development and the development of responsible leadership for a better world. In this context, fighting poverty is not only one of the major Millennium Development Goals, but also a big challenge for management education.”

I recently had the chance to speak with Milenko Gudic, IMTA Managing Director at CEEMAN and the co-facilitator of the Working Group, about their current and future activities. (To read Part 1 of this interview click here.)

6.     You have developed a collection of best practices. What are your plans for this?

The Collection of Best Practices and Inspirational Solutions that we presented as one of the Working Group’s deliverables for the 3rd PRME Global Forum and Rio+20 Corporate Sustainability Forum is only an embryo of the future online platform for sharing experience on how to integrate poverty-related issues into management teaching. The collection encompasses 13 different inputs related to educational content and processes, including new cases, articles, books, up-to-date course designs, programme development materials, and partnership arrangements with other learning partners. Through the open access platform, faculty and business schools from around the world will have the opportunity to learn from and also contribute to this output. We are happy that there is an increasing interest for both learning and contributing. The latter is particularly encouraging.

7.     What are some examples from the collection of solutions?

In conceptualizing and designing our survey, we followed to some extent the approach from the UNDP Growing Inclusive Market Initiative (GIM). This project developed more than 100 cases on specific solutions that business developed to address the main constraints they face in low-income markets. Each of them offers interesting learning lessons, while all of them remind us once again that business schools are lagging behind businesses in responding to market needs and opportunities.

Our Collection of Best Practices and Inspirational Solutions provides equally interesting and inspirational solutions on how to integrate poverty-related issues into management education. One of these solutions, GLOBE (Global Loan Opportunities for Budding Entrepreneurs), by Linda Sama from St. John’s University, received the 2012 Innovation in Entrepreneurship Pedagogy Award from the Academy of Management Entrepreneurship Division and McGraw Hill in recognition of the development and implementation of a social entrepreneurship course. GLOBE is a student-managed microloan programme that provides loans, sourced through donations, to entrepreneurs in the world’s most impoverished communities with the goal of helping those living in poverty elevate themselves to a higher standard of living.

8.     Is there a growing interest in this area?

In presenting the survey/report results to undergraduate students, participants at different MBA, MSc and doctoral programmes, and faculty members at Bocconi University and SDA in Milan, Italy, and ISM-University of Management and Economics in Vilnius, Lithuania, I witnessed tremendous interest in this area, from both the the schools, student, and faculty champions. I have found it very encouraging.

Recently, the 2012 Academy of Management, held this August in Boston, enlisted the session on the Informal Economy, Poverty and Responsible Management Education as one of the All Academy Theme events. The discussion there was filled with passion about what business schools could and should do in fighting poverty.

Turning this passion into action is what the Working Group, with support from PRME and CEEMAN, has been trying to facilitate and will continue to do so in the future. That is our mission and passion, too. It is really a great privilege and pleasure to collaborate with and learn from so many outstanding professionals and wonderful personalities.

9.     What changes do you think business schools can make to play their part in fighting poverty?

Business schools in general need to redefine the “business of business education”. By establishing a regular and meaningful external dialogue, they will better understand the challenges and the resulting educational expectations and needs of their major stakeholders, particularly businesses and students.

Related to this is also the need to establish and maintain a continuous internal dialogue among faculty and institutional leadership, particularly around the issues that go beyond individual disciplines. This is important for the creation of new intellectual, research, educational and institutional agenda that schools worldwide need.

The most effective way to deal with all this is through faculty development. This is an absolute priority and precondition for any other change. The experience of the CEEMAN’s International Management Teachers Academy (IMTA), a faculty development programme aimed at creating a new generation of management educators for the new generation of business leaders, confirms that it works. By educating 450 management faculty, IMTA has made an impact on 135 institutions in 37 countries around the world. The new disciplinary track on how to teach the issues related to business in society will include also the issue of poverty.

10.  What’s next for the Working Group and how can others get involved?

Following our vision statement and the general frame of work that we agreed upon when the group was established, and building on the work done so far, our current priorities include:

  • Further building the case for businesses and management development institutions to include poverty-related issues into their respective strategies and programmes. Promoting the Collection of Best Practices and Inspirational Solution and contributing to its further growth and development into an online platform for experience sharing among management educators around the globe.
  • Producing new deliverables for the 2013 PRME Summit, which CEEMAN will host in September 2013 in Bled, Slovenia.

To facilitate achieving these priorities, the Working Group will organize an international conference/workshop on Fighting Poverty thorough Management Education in conjunction with the PRME 2013 Summit, which will provide for sharing and reviewing the work in progress. The event will be open for all those who are interested in the topic of integrating poverty-related issues into management education, including from PRME movement and beyond.

Equally open will be the upcoming call for contribution to the two books that the Working Group is now beginning, which will be published in cooperation with PRME, CEEMAN and Greenleaf Publishing. One of them will be on the question of WHY poverty-related issues in management education, and the other on the question HOW.

For more information about the working group and to participate please contact Milenko Gudic at milenko.gudic@iedc.si or prmesecretariat@unprme.org

Integrating Poverty into Management Education: 10 questions with Milenko Gudic about the PRME Working Group on Poverty (Part 1 of 2)

Designing the CEEMAN/PRME Global Survey for Rio, July 2011, Bled, Slovenia

The PRME Working Group on Poverty as a Challenge to Management Education (Anti Poverty Working Group), launched in 2008, advocates for the integration of poverty-related discussion into all levels of management education worldwide. It is grounded in the belief that poverty is a legitimate topic for discussion and research in business schools and that business can and should be a catalyst for innovation, profitable and responsible approaches to poverty reduction.

According to the PRME Anti-Poverty Working Group, “Business schools, as the main providers of educational services, need to exchange views and ideas, collaborate and develop new ways and means to sustainable development and the development of responsible leadership for a better world. In this context, fighting poverty is not only one of the major Millennium Development Goals, but also a big challenge for management education”.

I recently had the chance to speak with Milenko Gudic, IMTA Managing Director at CEEMAN and co-facilitator of the Working Group, about their current and future activities.

1. Why was the working group created and who is involved?

The suggestion to  establish the Anti-Poverty Working Group came from the PRME Secretariat after the 1st Global Forum for Responsible Management Education in 2008, where the results of the CEEMAN-sponsored global Survey on Management Education: Corporate Social Responsibility and Poverty were presented. The survey, which received 164 responses from faculty and administrators from business schools in 33 countries, demonstrated that it was possible to mobilise management educators around the world to address the question of what business schools, the institutions that create business leaders, could do to help achieve one of the main Millennium Development Goals, poverty alleviation.

Because this project and CEEMAN‘s value platform resonated with the mission of PRME, the Working Group was launched and, in 2010, CEEMAN became a PRME Steering Committee member. CEEMAN now represents a network of more than 200 management development institutions from 51 countries around the globe and continues to support the Working Group, which as grown to include nearly 100 members from 75 institutions in 37 countries representing all the continents.

2. Why did you decide to start the survey?

The 2012 survey is the third in a series. While the 2008 survey showed that 72% of respondents believed that global poverty was a legitimate topic to be included in the management education curriculum, the 2010 CEEMAN/PRME Survey on Poverty as a Challenge to Management Education, which gathered 377 responses from 51 countries, sought to capture innovation and creativity in integrating poverty-related issues into management education. Asked about how they teach about poverty, the respondents said that they preferred action learning rather than theory, and the use of consulting projects and student study trips in order to engage their students. Respondents also indicated that the integration of poverty-related issues into management education requires a broader agreement among school’s faculty and administration, which was not identified as common place.

These results informed the focus of the third survey on challenges, opportunities and solutions. Expected interest in the results by both the management education and business communities resulted in additional support from the International Association of Quality Assessment and EQUAL (the European Quality Link), a network sponsored by PRME Steering Committee member EFMD.

Further encouragement for the solution-focus of this survey/report was the invitation extended by the PRME Secretariat and UN Global Compact Office to present the results on the occasion of the 3rd Global Forum and the Rio+20 Corporate Sustainability Forum.

3. What role does management education play in fighting poverty?

Not as strong as it could and should be. Fighting poverty is just one part of a bigger story. In general, business schools need to take a more proactive role in educating responsible leaders for sustainable development and a better world. This is their social responsibility, though it is not yet so widely recognised and/or accepted.

CEEMAN’s Survey on Business Schools’ Response to Global Crisis, carried out in 2009, indicated that business schools perceived the current global crisis not only as financial, but rather as an economic, social, and ethical and moral crisis. When asked about their own responsibility for the crisis, the schools were very reluctant to admit any. The reason being, as the schools stated, that their students and participants came to them with already formed values and attitudes, which business schools cannot change. Even a glance at business schools’ missions and marketing messages would lead to finding the statement a bit hypocritical.

4. What are some of the most interesting results from the Fighting Poverty through Management Education Reports?

The key message from the whole series of surveys is that, in spite of a number of challenges, there are also huge opportunities and already numerous solutions. In this respect, it is important to notice that the presence of one or two faculty champions, strong leadership from the dean and congruence with the business school’s mission are among the key factors that make a difference. It is the same as with any other attempt to make change happen.

Equally, if not even more importantly (at least for me personally), were the findings related to faculty and administrators’ perceptions of market expectations and preferences regarding the inclusion of the poverty-related issues in management education. Instead of accepting the assumption that businesses, and therefore students, are not interested in the topic, the results may instead be interpreted as a sign of insufficient identification of the customer needs and/or lack of dialogue with the major stakeholders.

Of course, the most encouraging are the results that demonstrate high commitment, passion, and capabilities of faculty and administration to find creative and innovative solutions to the challenges they face.

5. What are some of the challenges that were identified in this area?

Amon the main challenges is still the question of the topic’s legitimacy. In turn, this is related to other important issues, including the very understanding of the term “poverty.” What does “poverty” actually mean? We must also overcome prevailing mindsets and attitudes about this issue, address the existence of a “silo mentality”, and recognise the primacy of the quantitative disciplines. There is the additional challenge of integrating new things into an already “over-packed” curriculum and finding qualified experts whose teaching would be based on relevant research. Finally, we must find a method to address external incentives from the major international accreditation and ranking systems and schemes.

- Part 2 will be posted September 14th-

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