Cranfield School of Management
and
The Principles for Responsible
Management Education
[PRME]
1
Irresponsible Management
Education?
2
Today
• Context / Background
• The Global Compact
• Principles for Responsible Management
Education (PRME)
• Comments from Participants
• Some Questions and Discussion points
• Feedback
• Next Actions
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Ethics – CSR - Sustainability
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1/3 of top 50 require all three
84% at least one
Sustainability-related courses +
Student interest +
Experiential learning / immersion
Integration +
5x ethics courses since 1988
Christensen et al (2007)
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Student Interest
• Net Impact (Students for
Responsible Business)
• ‘‘to improve the world by
growing and strengthening a
network of new leaders who
are using the power of
business to make a positive
net social, environmental, and
economic impact”
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Student Interest @ Cranfield
•
•
•
•
•
Net Impact
Conferences
Courses
Talks
Interest Groups
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Global Compact principles
1. Human Rights
2. Labour
3. Environment
4. Anti-Corruption
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Global compact principles
The United Nations Global Compact asks companies to embrace, support and enact,
within their sphere of influence, a set of core values in the areas of human rights, labour
standards, the environment and anti-corruption. The principles are as follows:
– Human Rights
• Principle 1 Businesses should support and respect the protection of
internationally proclaimed human rights; and
• Principle 2 make sure that they are not complicit in human rights abuses.
– Labour
• Principle 3 Businesses should uphold the freedom of association and the
effective recognition of the right to collective bargaining;
• Principle 4 the elimination of all forms of forced and compulsory labour;
• Principle 5 the effective abolition of child labour; and
• Principle 6 the elimination of discrimination in respect of employment and
occupation.
– Environment
• Principle 7 Businesses should support a precautionary approach to
environmental challenges;
• Principle 8 undertake initiatives to promote greater environmental responsibility;
and
• Principle 9 encourage the development and diffusion of environmentally
friendly technologies.
– Anti-Corruption
• Principle 10 Businesses should work against corruption in all its forms,
including extortion and bribery.
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The principles for responsible
management education [PRME]
1. Purpose: develop capabilities of students
2. Values: global social responsibility
3. Method: enable effective learning experiences
4. Research: corporations in the creation of
sustainable social, environmental and economic
value.
5. Partnership: extend knowledge of managers’
challenges & work jointly with them
6. Dialogue: facilitate and support dialogue
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The principles for responsible management education
As institutions of higher learning involved in the education of current and future managers we are
voluntarily committed to engaging in a continuous process of improvement of the following
Principles and their application, reporting on progress to all our stakeholders and exchanging
effective practices with other academic institutions:
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.
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.
Principle 3
Method: We will create educational frameworks, materials, processes and environments that
enable effective learning experiences for responsible leadership.
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.
Principle 5
Partnership: We will interact with managers of business corporations to extend our knowledge of
their challenges in meeting social and environmental responsibilities and to explore jointly effective
approaches to meeting these challenges.
Principle 6
Dialogue: We will facilitate and support dialogue and debate among educators, business,
government, consumers, media, civil society organizations and other interested groups and
stakeholders on critical issues related to global social responsibility and sustainability.
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And …
“We understand that our own organizational
practices should serve as example of the
values and attitudes
we convey to our students”
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Approaches to Corporate
Responsibility at Cranfield
• Theoretical
• Pragmatic
• Embedded
After Illingworth
(2004)
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Cranfield Brand Statement
“Cranfield School of Management
seeks to shape management
futures by forging new business
insights, developing responsible
leaders, working essentially
through relationships, and
delivering business results.”
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BEFORE SOME QUESTIONS
FOR EVERYONE
Comments, thoughts, reactions?
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SOME QUESTIONS
• How can ‘CR’ become more than a fad or a
fashion in Management Education?
• Having signed up - what does this mean to
Cranfield?
• Do Cranfield ‘organizational practices … serve
as example[s] of the [PRME] values and
attitudes’?
• Is there ‘integration’ or embedding?
• How can we lead?
• Next Steps?
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Cranfield School of Management
and
The Principles for Responsible
Management Education
[PRME]
16