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- 1. About 50+20 β’ Acollaborative initiative: β UN PRME + WBSCSB + GRLI β 16 official institutional co-authors + β > 100 individual contributors β¦resetting the management education agenda for the coming decades β’ 50+ years since the agenda for management education has been reset (Ford and Carnegie Foundation Reports1959) β’ 20 years since Governments have been collectively urged to rethink economic development β’ Launched 50+20 Agenda on 15 June at 3rd Global Forum for Responsible Management Education during RIO+20 2016/10/27 1www.50plus20.org | @50plus20
- 2. A new world:living on a single planet β’ The world has changed: β’ Globalization of markets and players β’ Geopolitical shifts in global society β’ Rise of the internet and mobile communication technology β’ The economic system in crisis β’ Global climate, bio-diversity & resources crises β’ A new perspective for the future: 9 billion people living well and within the limits of the planet WBCSD β’ Resolving the global poverty & resources crises β’ Resolving the global climate and biodiversity crise β’ Redesigning the economic system β’ Developing global responsability ο An entirely new context for management education! 27.10.2016 2
- 3. Business schools haveto share the blame β’ Deficits in Education: β’ Knowledge: onesided perspectives (shareholders, agency) β’ Skills: focus on analytical and technical skills β’ Attitudes and values: lacking morals and global responsability β’ Teaching rather than learning: lack of experiental & experimental action learning, lack of appropriate pedagogy β’ Deficits in Research: β’ Missing focus on real/big problems: the disciplinary model β’ Loss of impact on business: focus on theory and scientific rigor β’ Forgotten impact on society: academics as public intellectuals? β’ Self-oriented and self-sufficient: an incestuous closed-loop β’ Missing historic perspective and future outlook β’ Deficits in Faculty and Institutional management 27.10.2016 3
- 4. Significant paradigm shiftsneeded β’ WHY β from maximizing return to creating value for the world OLD: maximizing shareholder value with unquestioned consumerism NEW: conscious business serving society and the planet with economic innovation β’ HOW β from teaching to learning OLD: teaching knowledge and skills NEW: action learning platform to develop competences and attitudes β’ WHAT β from subject expertise to issue-centered collaboration OLD: narrow scientific focus with little practical relevance NEW: action research supporting complex societal & ecologocial issues β’ WHERE β from ivory towers to meeting places & sanctuaries OLD: tenure and promotion result in research counting more than education NEW: an inclusive learning platform for citizens (stakeholders beyond business) 27.10.2016 PERSPECTIVE NEW: from why & how to what & where OLD: from where & what to how & why 4
- 5. A new mindsetis required β’ Reconnecting business to society β’ Developing globally responsible leaders β’ Management Education FOR the World 2016/10/27 www.50plus20.org | @50plus20 5
- 6. Responsible leadership fora sustainable world B-school as meeting place for action learning & research β’ Walking the talk β the b-school becomes an institutional role model β’ Addressing short-coming both within b-schools and emerging business, societal and environmental challenges β’ Creating a powerful and safe learning environment β’ An applied, holistic, inter-disciplinary approach to learning β’ Establishing morals and passion as the program backbone β’ Closing the gap between research and education β’ Overcoming silo thinking to ensure impact on society β’ Creating bridges for experienced practioners and academics 27.10.2016 6
- 7. 2016/10/27 www.50plus20.org |@50plus20 7 Educating and developing globally responsible leaders Enabling business organizations to serve the common good Engaging in the transformation of business and the economy COLLABORATORY The 3 roles are expressed through a new way of being (walking the talk) of a business school: The collaboratory embodies this vision Another read: Individual level Organizational level Societal level The vision: Management education FOR the world
- 8. 2016/10/27 www.50plus20.org |@50plus20 8 Educating: 1. Research in service of society 2. Supporting companies towards stewardship 3. Accompanying leaders in their transformation Enablers for realizing the new roles of b-schools Enabling: 1. Research in service of society 2. Supporting companies towards stewardship 3. Accompanying leaders in their transformation Engaging: 1. Open access between academia and practice 2. Faculty as public intellectuals 3. Institutional role models Collaboratory: The central expression of the vision: creating and holding the space for responsible leadership for a sustainable world
- 9. 2016/10/27 www.50plus20.org |@50plus20 9 Education: ο§ Train faculty as facilitators, coaches and change agents ο§ Develop trans-/inter- disciplinary programs ο§ Integrate personal development at all levels What business schools can do Research: ο§ Train faculty in future-oriented methodology ο§ Broaden subject expertise and systemic thinking of faculty ο§ Develop faculty to work with/in companies as thought leaders Engagement: ο§ Transform the b- school to become an institutional role model ο§ Invite practitioners to the sanctuary and send faculty to field- work ο§ Celebrate faculty that embraces role of public intellectuals Collaboratory: ο§ Setting up local or virtual sessions on burning issues for citizens, students and researchers and as training ground for faculty
- 10. www.50plus20.org 2016/10/27 www.50plus20.org |@50plus20 10