OVERVIEW
• PART ONE: Managing Change
• Part TWO: Principles of
Responsible Management
Education (PRME)
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A pessimist sees the difficulty in every
opportunity;
An optimist sees the opportunity in
every difficulty.
CHANGE
• Never over
• Opportunity to those who grasp it
• Unlimited opportunities
CHANGE
• “…. the window through which the future
enters your life."
• All around you, in many types and shapes
• You can bring it about yourself,
• or it can come anyway!
CHANGE
• Happens every day, every moment,
everywhere
• To live fully we must learn to embrace
change and honor it,
• even when change arrives with
companions,
• Fear and Uncertainty
• Life is about evolving and actively
creating change,
• as well as learning how to go with the
flow when inevitable change comes our
way.
• Be inspired and motivated!
CHANGE
• Learn to view change as a natural phenomenon
• Anticipate it and Plan for it
• The future is ours to channel in the direction we
want to go...
• we must continually ask ourselves,
• 'What will happen if...?' or better still,
• 'How can we make it happen?' "
COPING WITH CHANGE
• What happens when someone wants you
to change?
• What happens if someone close to you
does something totally unpredictable?
• How do you cope with unexpected
change... bad news, or problems?
COPING WITH CHANGE
• Everything working normally until POW!
• When that happens,
• How do you feel?
CHANGE CURVE
MAINTENANCE CYCLE
Change/
Problem
Threat
(Attitude)
Defensive
(Behaviour)
DEFENSIVE BEHAVIOUR
• Stressful
• Conflict
• Deterioration in relationships
OPPORTUNITYISNOWHERE
• What did you see?
• Opportunity is nowhere?
• Opportunity is now here!
OPPORTUNITYISNOWHERE
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You can choose how you perceive things
When things look bad,
look for the good...
what can I learn from this?
what are the opportunities?
OPPORTUNITYISNOWHERE
• Defending any position
• Close off ability to see alternatives, and
• Potential benefits that other
opportunities
OPPORTUNITYISNOWHERE
• How many opportunities have we lost in
our lifetimes because we have not been
looking for them
• We will never know
• We don't have to miss out on anymore
GROWTH CYCLE
Change/
Problem
Opportunity(
Attitude)
Constructive
(Behaviour)
IN ANY SITUATION
• No matter how bad it may seem
• Choose to look for the opportunities it
presents
IN ANY SITUATION
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May not find any...
May not be apparent for some time
If we don't look for them
we will never find them!
SUSTAINABLE CHANGE
1.
2.
3.
4.
Establish a Sense of Urgency
Form a Powerful Guiding Coalition
Create a Vision
Communicate the Vision
SUSTAINABLE CHANGE
5. Empower Others to Act on the Vision
6. Plan for and Create Short-Term Wins
7. Consolidate Improvements and Produce Still
More Change
8. Institutionalize New Approaches
THINKING
• Positive = Faith
• Possibility = Focus
• Power = Follow Through
• "In every crisis there is a message.
• Crises are nature's way of forcing change,
• breaking down old structures, shaking
loose negative habits
• so that something new and better can
take their place."
BE THE CHANGE
YOU WISH TO
SEE IN THE
WORLD!
P R O F. D R . A U N G T U N T H E T
(AUNGTUNTHET@GMAIL.COM)
• Every day you have the opportunity to learn
and experience something and someone
new
• Seize the opportunity
• Learn and experience everything you can,
and
• Use it to change the world
PRIORITY AIMS
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Serve wholeheartedly
Strive for Excellence
Create Wealth
Achieve Objectives
Attain Vision
Work Ethically
CORPORATE VALUES
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Trust
Stewardship
Justice
Diversity
Life Balance
Reputation
PERSONAL QUALITIES
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Commitment
Creativity
Joyfulness
Care
Forgiveness
PERSONAL QUALITIES
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Serving Others
Courage
Openness and Honesty
Moderation
Resourcefulness
Prudence
Maintaining personal integrity
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Be different
Stand out from the rest
Honest and fair
Kindness and respect
Go the extra mile to help them
Excellent client service
Looking out for others' needs
BUSINESS ETHICS
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How you conduct their business at all times
Say yes for yes and
No for no
No in between
BUSINESS ETHICS
• Always conducted with honesty
• Good ethics makes for good business
• Conduct your business in an ethical
manner
VALUES
• Integrity
• Commitment to excellence
• Commitment to its people
P4 (PPPP)
PROFIT
PEOPLE
PLANET
PROBITY
• “The Principles for Responsible
Management Education
• have the capacity to take the case for
universal values into classrooms on every
continent.”
PRME
• Inspire and champion responsible
management education, research and
thought leadership
• Internationally accepted values principles of the United Nations Global
Compact
PRME
• Process of continuous improvement
• New generation of business leaders
capable of managing complex challenges
faced by business and society in the 21st
century
PRME
• Corporate responsibility and sustainability
entered
• Not yet embedded in the mainstream of
business-related education
PRME
• Business schools and universities
• Adapt curricula, research, teaching
methodologies and institutional strategies
• New business challenges and
opportunities
INSTITUTIONS OF HIGHER EDUCATION
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Development of current and future managers
Adopt Six Principles
More relevant to capacities and mission.
Report on progress to all stakeholders
Exchange effective practices with other
academic institutions
PRINCIPLE 1
• Purpose
• Develop capabilities of students
• Future generators of sustainable value
for business and society
• Inclusive and sustainable global
economy
PRINCIPLE 2
• Values
• Incorporate into academic activities and
curricula the values of global social
responsibility
• United Nations Global Compact
PRINCIPLE 3
• Method
• Educational frameworks, materials,
processes and environments
• Effective learning experiences for
responsible leadership
PRINCIPLE 4
• Research
• Engage in conceptual and empirical
research
• Advances understanding about the role,
dynamics, and impact of corporations
• Creation of sustainable social,
environmental and economic value
PRINCIPLE 5
• Partnership
• Interact with managers of business
corporations
• Extend knowledge of challenges in
meeting social and environmental
responsibilities
• Explore jointly effective approaches to
meeting these challenges
PRINCIPLE 6
• Dialogue
• Facilitate and support dialogue and debate
among educators, students, business,
government, consumers, media, civil society
organisations and other interested groups
and stakeholders
• Critical issues related to global social
responsibility and sustainability
CONTINUOUS IMPROVEMENT
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Long-term process
Framework of general principles
Engage faculty and staff
Build institutional support
A LEARNING NETWORK
• Collecting and channeling good
practices,
• Exchange of existing and state-of-the-art
experiences
REPORT TO STAKEHOLDERS
• Report regularly - annually - on progress
to all stakeholders
• Public reporting
• Ensure credibility
• Giving recognition to good
performances
ACADEMIC INSTITUTIONS
• Stay "ahead of the curve“
• PRME - internationally recognized
framework for adaptation and
change
BUSINESS SCHOOLS
• Closely connected to the community they serve:
the corporate world and key stakeholder
organizations
• Focus basic applied research to new needs and
changing operating environments
• Right balance between sound scholars and
excellent practitioners within their faculty
BUSINESS SCHOOLS
• Integrate environmental, social and
governance issues
• Adapt and serve this new demand
PRME
• Encourage business schools towards a
new approach
• New needs and expectations of the
business world
• Demands of a new generation of students
PRME
• New value proposition
• Leading corporations welcome new
generation of professionals
• Knowledge and skills suited for the new
opportunities in the 21st century
PRME
• Initiative enhance responsible
performance
• Adaptation to changing demands
• Competitiveness in the market
• “We need business to give practical
meaning and reach
• to the values and principles that connect
cultures and people everywhere.”
GLOBAL COMPACT
Two complementary objectives:
1. Mainstream the ten principles in
business activities
2. Catalyze actions in support of broader
UN goals, including the Millennium
Development Goals (MDGs)
GLOBAL COMPACT
• Strategic policy initiative to align
businesses operations and strategies
with ten universally accepted principles
• in the areas of human rights, labour,
environment and anti-corruption
THE TEN PRINCIPLES
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Universal consensus and derived from:
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Universal Declaration of Human Rights (UDR)
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ILO Declaration on Fundamental Principles and
Rights at Work
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Rio Declaration on Environment and Development
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United Nations Convention Against Corruption
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.
GLOBAL COMPACT
• Global and local
• Private and public
• Voluntary yet accountable
• “Learn from yesterday,
• Live for today,
• Hope for tomorrow.”
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“Reach high,
for stars lie hidden in you.
Dream deep,
for every dream precedes the goal.”