Outcomes of the 2011 PRME Summit Roundtable Discussions (7-8 June 2011)
Roundtables discussed 3 key challenges to implementing a Principle and how to overcome them?
Plenary 1: PRME Principle 1- Purpose: We will develop the capabilities of students to be future generators of sustainable value for business and society at large and to work for an inclusive and sustainable global economy.
Keynote: Nick Main, Global Managing Director, Sustainability and Climate Change Services, Deloitte Touche Tohmatsu Limited
Panelists:
- Carlo Gallucci, ESADE’s International Deputy Director General
- Katrin Muff, Dean, Business School Lausanne
- Kai Peters, Chief Executive, Ashridge
- Michael Powell, Pro-Vice Chancellor (Business), Griffith University
Moderator:Mark Drewell, Chief Executive GRLI
Principle 1 - Purpose: Challenge
- Differing views/understanding/definitions/interpretationsstudents : professors, cross culturally, etc. (e.g.cultural relativism vs. absolutism; technical and/or generational gaps; what is private property in cyber space? Policy issues across different parts of the world)
- Is a universal definition possible? Contextual interpretations?
- Addressing tradeoffs and dilemmas (culture, technique(s) to find answer(s), complexity of issues)
- Understanding/recognizing the complexity of the issues
- Determining what is “right”
- How to define purpose in large terms
- Overwhelming scale of the challenge
- Alignment between business schools and business
- How to meaningfully politicize the challenge/the business role
- How to convey the role/importance of CSR/sustainability need to build credibility/legitimacy
- Idea of sustainability undermining capitalism
- Existing relationship between the market and regulation
- Existing approach/framework/curricula/mentality of b-schools
- How unlearn? How adopt new approach?
- Schools/programs don’t really have the difficult, thought provoking discussions about values, etc.
- Vested interest(s)
- Hard to meet expectations given current parameters
- Challenge of creating educational content
- Internal tensions, how to prioritize
- Internal b-school/university/program debate over whether sustainability is an appropriate focus
- Integration into all levels of education, basic higher graduate
- Challenge of reorienting perspective: shareholder value to societal value
- Faculty have to be (re)trained before than can teach about “new” issues/topics
- Faculty development, including leadership – practical experience preferred = challenge to hiring
- Faculty may be uncooperative
- Need for sense of individual responsibility = How to awaken intrinsic motivation?
- Need champion
- Homogeneity – of teaching materials, journals, political agendas – (e.g. where is the space for feminist economics? e.g. economic text books often based in neo-classical thinking/framing = difficult to incorporate alternative thoughts) o How to integrate CSR into each course (marketing, HR, FINANCE…)?
- Making it practical/relevant for students’ aspirations/ personal agendas
- How to measure the success of implementation? to prove credibility
- How to best demonstrate/package what has been done/tangible progress made?
- Federating people around the cause
- How involve students?
- Some industries (like tobacco, tourism) would be classified as non-CSR-friendly and would require resources, efforts and time to engage in responsibility-related activities = TIME
- How do students take lessons from the classroom and implement them in the organization?
- How to become activists in organizations that don’t want to hear/are not yet ready for this change?
- If their values are misaligned, what options are there other than to leave the org?
- Bridging gap between student experience (theories) and reality – the economic lessons taught do not necessarily align with sustainability goals
- Prevent PRME from becoming wishful thinking
Principle 1 - Purpose: How to overcome challenge
- Role modeling = “walk the walk,” “practice what preach,” start at home with campus, professor/leadership behavior
- Incorporate Principles/role of business in society into vision/mission of school
- Champion can be any stakeholder group
- Leverage existing enthusiasm
- Want commitment of doers, not just talkers (less rhetoric, more action)
- Committed/open minded/enthusiastic/inspiring dean = role model to guide faculty, not just notify
- In-classroom discussion (practitioners and students) and other student experience creates champions
- Provide space for students (Net Impact, etc.) to challenge/influence faculty – ex/ with project topic choice (bottom up)
- Dialogue with students regarding “What is sustainability?”
- Group work/collaboration, including students
- Engage variety of stakeholders (inside and outside of school), including students, alumni, faculty, corporations, NGOs and embed them within the curriculum
- Create steering committee to bring stakeholders together (staff, faculty, students, business)
- Contribute/participate in social institutions and politics = get involved, be the (social) change
- Create reward systems
- Possible to motivate/win over faculty through exposure (conference speaking/presenting/attending, funding of research and other academic activities)
- Accreditation requirements can be used to reinforce activity
- Prevent PRME from becoming wishful thinking by advocating patient, long term, slow-but-steady commitment approach = not flash in the pan issue anyway “Give the dollar and save the beggar” = take steps now rather than worrying too much about whole project
- Have the intention to create planet-minded leaders
- Start by introducing sustainability/CSR as early as possible
- Contextual sustainability training within curricula
- Creating space for change in paradigms, culture of openness for alternatives, new imagery
- Change curriculum/program approach/teachings to incorporate non-mainstream/”alternative” theories
- Taking the approach of explicitly training/developing socially responsible persons, no matter what specific discipline we train or educate them in
- Engage faculty and challenge them to include new CSR/sustainability topics into their courses
- Create appropriate teacher training
- Explaining/teaching the relevance/importance of sustainability
- Need to go beyond the business case
- Teach that it’s OK to care about more than bottom line – celebrate passion!
- Work/make effort to improve syllabi
- Highlight mistakes, not just successes = teaching decision making, approaching complex dilemmas
- To prepare students for a potentially challenging workplace, need to teach more complex thinking/challenging students to think about the hard questions
- Educate students not only about compliance – create opportunities for creativity and innovation
- Create toolkits/better selection of teaching materials (video, case studies, best practices)
- Experiential learning
- Guest lectures = share ideas engage alumni (can help teach both students and professors)
- Build business cases to discuss the “why” examples
- Projects and internships with reporting of experience related to CSR/sustainability
- Show placements opportunities
- Relevance – encourage student voice, personal experience and aspirations
- Not just focus on MNCs but also SMEs, NGOs
- Link the impact on profitability
- Measuring success – through longitudinal studies
- Work with companies on taking long-term perspective (not just focus on investors/shareholders)
- Blue ocean strategy
Plenary 2: PRME Principle 2 - Values: We will incorporate into our academic activities and curricula the values of global social responsibility as portrayed in international initiatives such as the United Nations Global Compact
Keynote: Josef Winter, Siemens AG, Chief Compliance Office - The Business Case against Corruption
Panelists:
- Mathias Kleinhempel, IAE Business School, Argentina
- Lydia Price, Associate Dean, MBA Director, CEIBS, China
- Thomas Dyllick,Vice President, University of St Gallen, Switzerland
- Alain Lempereur, Business and Peace Working Group
Moderator:Jonas Haertle, Head of PRME Secretariat
Principle 2 - Values: Challenge
- Need to investigate the values that underpin sustainability = practical tools on how to apply values
- Lack of willingness to investigate personal values as faculty member
- Scattered approach across all levels = need better program integration across institute/school
- Existing values measurement reveals values driven approach results in higher performance
- Leadership? CEO?
- Convincing faculty the value of values = present cases
- Finding the appropriate motivational leader
- Checking for feedback = make room/establish known channels for dialogue
- No absolute answers = need to create space to continuously discuss complicated moral dilemmas
- Shifting frameworks are gradual, like societal norms = may be helpful to get non-business/old school-minded guest lectures, case studies to learn from and innovate on
- Who/how decide what is acceptable?
- Many competing pressures on curricula – how to find a balance?
- Need to train academic staff in practical ways
- False assumption that there is one agreed upon set of values and standard interpretations
- Existing MBA/business incentives are based upon financial interests
- Getting CSR values in the curriculum
- Need resources for faculty, need champion, long term view
- How do you involve faculty and change their habits/convince them? Compulsory vs. voluntary
- Problem of cherry-picking issues
- What must be done to ensure integration? How far to take the integration?
- How bring CSR/sustainability into individual research agendas?
- How educate “universal” values in a diverse world with different cultures/legislation relativism trap
- How to sensitize professors to the fact that the principles do make a difference? = good leadership from the Dean
- Need interdisciplinary/holistic approach and an understanding of one’s own sphere of influence
- Business-government-society axis, but students not taught about legislative context
- Challenges of implementation , lack of trained/interested/committed faculty
- Resource allocation, faculty development and motivation
- Importance of curriculum vs. learning environment
- How help faculty integrate CSR/sustainability/values into individual subject material, and how to put it into action?
- While there is more opportunity to move from teaching theory to practice, there is still reluctance of faculty, academic leadership, and validating bodies to move toward new criteria
Principle 2 - Values: How to overcome challenge
- = need practical tools on how to apply values
- = need better program integration across institute/school
- To win over faculty, present cases from business, PRME signatories, successful motivating examples
- Strong leadership via respected champion to organize process and garner support
- Ensure feedback by making room/establish known channels for dialogue
- Sharing and communicating better, reinforces and clarifies values
- Establish means of learning through behavior, practice doing, not just acquiring knowledge
- Transparency, sustainability, critical thinking, diversity, integrity, innovation
- No absolute answers = need to create space to continuously discuss complicated moral dilemmas
- Emphasize the achievable
- Make it real through case studies and on-site visits/internships
- To create relevant education, include students in process of topic choice
- Shifting frameworks are gradual, like societal norms = may be helpful to get non-business/old school-minded guest lectures, case studies to learn from and innovate on
- Students can create future social norms = work collaboratively to teach/learn “right” thing to do
- To change curricula, integrate values into existing and new lectures, create new/specific modules and other teaching materials – toolkits
- Train faculty through case studies and concrete examples – helpful if companies are on board
- Explicit expression of values = agree to/overtly state the talk that you plan to walk
- Provide opportunity for dialogue in classroom to discuss/reconcile differing views
- To successfully confront ethical issues/dilemmas, help students to develop skills to act upon values
- Need to incorporate CSR values into key courses, bring in lecturers from outside
- To win over faculty, get them involved forum discussions, practical activities/examples
- Need theorypractice transfer = applicable course material including case studies
- To inspire sustainability-inclusive research, need to improve the acceptability of broader-based research and publications = not just A-journals
- Demonstrate and model behavior from within the business school setting
- “Make a stand” – annually reaffirm (with signature), anti-plagiarism, etc. = helps to incorporate future life values when sign off on accounts, etc. = personal modeling of appropriate behavior/ responsibility
- Create awareness about the real value of ethical behavior
- Introduce move “game theory” exercises to make “dilemmas” more operational
- Expose students to real cases
- Bring alive “scary stories”
- How sensitize professors to fact that the principles do make a difference? = good leadership (Dean)
- Clarify/expose existing values (in b-school, big biz, personal ambition), and question relevance – profit maximization, growth, competitiveness, personal ambition and look beyond MNCs to SMEs, social enterprise, coops, family firms, public sector, NGOs
- Help students build the confidence to talk about values while at school
- Need interdisciplinary/holistic approach and an understanding of one’s own sphere of influence
- Sustainability/CSR/business ethics should be a requisite course in all programs, in addition to marketing/finance/strategy
- B-schools should act with integrity (i.e. expel students for cheating/plagiarism)
- Include coursework/education about legislation, challenge existing perceptions that governments play no role; recent market failures have turned orthodoxy upside down
- Need to develop global leaders Context, Complexity, Connectedness as skill framework for b-school curricula students NEED first-hand exposure/engagement with a variety of stakeholders
- Need to teach complexity, can’t just cherry pick the challenges of real life
- Need facilitate learning, not “pure” teaching
- Need to create incentive systems for incorporating values into curricula
- Engage academics and students in the practical challenges of change, in collaboration with corps
- Making the “right” decision is a personal decision that needs support through academic mentorship
- Integrate horizontally, not just across curriculum, but also extra-curriculars and get all stakeholders involved (students, faculty, administration, alumni, corporations, etc.)
Plenary 3: PRME Principle 3 – Methods: We will create educational frameworks, materials, processes and environments that enable effective learning experiences for responsible leadership
Keynote: Olivier Marquet, Chief Executive, Triodos BankBelgium
Panelists:
- Elaine Rumboll, Director of Executive Education GSB, UCT Cape Town, SA
- Jonathan Gosling, Director, University of Exeter
- Maurits van Rooijen FRSA, Rector Magnificus and CEO, Nyenrode Business School
- Anthony Buono, Professor and Coordinator, Alliance for E&SR, Bentley University
Moderator: Michael Powell,Pro-Vice Chancellor (Business), Griffith University
Principle 3 - Methods: Challenge
- How integrate Principles into curriculum and engage faculty members?
- What specific methods will get students to question these issues? Are case studies enough?
- Need better definition/differentiation of beliefs, assumptions, facts
- Need more examples of quality materials to use in teaching sustainability, CSR, and other PRME-related areas
- Building time into existing curricula to focus on PRME area and making them part of the core, rather than simply the fringe
- Existing accreditation framework
- Need to embed the Principles within core business strategy, not just core curriculum
- Need better integration of existing relevant parts of patchwork = strategy
- How collaborate, create, and share effective case studies/lessons learned?
- Pre-program expectations of students?
- How support teamwork?
- How make urgency durable? Managing energy and attention
- How measure outcomes, successes?
- How commit faculty to curricular change?
- Ability to unlearn?
- Need to clarify/agree upon assumptions
- How to develop self-awareness, integrity, recognition of leadership/role as leader
- Need universal analysis of current situation and agreement why status quo is not sustainable
- Break out of the hegemony of the MNC They are a small proportion of the organizational forms relevant, and b-schools/students/professors should stop worshipping them = need more realistic approach to organizational responsibility
- Need better alignment between different accreditation agencies
- There is no one-size-fits-all when it comes to curriculum implementation = customization is important
- Need supportive teaching material (articles, case studies, books, guest lectures, etc.) = availability?
- Tension between normative approach and critical (unlearning, questioning, dilemmas)
- New pedagogical methods may not be consistent with how faculty are trained – how to “let go”
- Change, challenge, and relearn conceptual models and assumptions
Principle 3 - Methods: How to overcome challenge
- Need to teach more critical thinking (training both staff and students)
- Need acceptance and sharing of alternative research areas and credit for innovative pedagogical development for use in teaching
- Although issues may already exist within the curriculum, the link between Principle issues and other topics need to be explicitly linked = use language that will create change
- Accreditation agencies need to focus on “important” newer issues and provide incentives = embrace role as leaders/change inducers
- Invite other stakeholders into teaching/education environment – entrepreneurs, business, gov’t, etc. to provide case studies from the real world/visible outcomes/application/functionality
- PRME to serve as forum/learning platform, encouraging collaboration and exchange of best practices identified by signatories challenge in disseminating effective actions
- Experiential learning
- Need more co-creation of educational tools, by all stakeholders
- Faculty needs to develop new skills and recognition of self-awareness, role as leaders
- Join forces with consulting firms and other influential stakeholders of business schools
- Set the “right” expectations of students from the very beginning, helping them remain open to change
- Commit school/program/faculty early and then learn by doing
- Co-teaching across disciplines can help integrate different/new pedagogical approaches, train faculty and students at the same time
- Need motivating stories/examples for students
- Good role modeling by professors, guest lecturers
- Create training programs for academic staff – sharing knowledge and solidifying legitimacy
- Reframe as zeitgeist value proposition for business to form relationship with b-schools
- Create an exploratory/curious student culture = convince students the value of (continuous) learning
- Possible to change grading methods? Swap exams for reflective sessions
- Small changes/trial classes/models not huge paradigm shift
- Conferences and inspiring speakers
Plenary 4: Principle 4 – Research: We will engage in conceptual and empirical research that advances our understanding about the role, dynamics, and impact of corporations in the creation of sustainable social, environmental and economic value