Professor Walter Baets Tel: +27 21 406 1418 Fax: +27 21 421 0266 Email: walter.baets@gsb.uct.ac.za University of Cape Town Graduate School of Business PRME Sharing Information on Progress Report 2010 The Director’s Letter Since our adherence to the Principles of Responsible Management Education, and since my arrival as director at the Graduate School of Business, we have steered the school slowly but certainly in the direction of school with a higher focus on responsibility, sustainability and relevance to societal context. In order to structure this emergence, we have agreed on a new vision and mission, that might be worth explaining before going into the detail of the actions. Why it is time for a new model of business school and what it could look like The vision The UCT Graduate School of Business’ (GSB) goal is to be a leading emergent market business school that is relevant both internationally and to its local social context and excellent in research, teaching and outreach. The School is committed to building a new model of a business school – one that is grounded in values and based on the paradigm of the emergent market. The GSB defines emergent as regions that experience high uncertainty, high complexity, and often excessive inequality. As much as this is true for what is classically called the emergent economies (such as Brazil, India and SA), uncertainty, complexity and inequality are equally issues for the company in turbulent economies. Emergent market thinking is therefore not a geographical construct. The whole world is operating within times of great uncertainty and complexity and everybody needs to learn to operate successfully within that. The GSB trusts that the exploration of the paradigm of the emergent economy will bring interesting insights into how business could be done differently and it aims to become a world leader in this sphere within five years. The context Considering critically the causes of the current financial crisis, one can say that "business as usual" is no longer the way to achieve sustainable success. The classical approach to business that we have seen over the last few decades does not appear to work. Managers need an expanded skill set that creates new models of business. This means that in their turn, business schools need to be autocritical and rethink what they offer to the world. It is a viewpoint that has begun to permeate the corridors of some business schools globally. David Schmittlein, Dean of the Sloan School of Management at MIT in the US, recently said in a speech in Paris that the current crisis should be an opportunity to change the behaviour of managers, and in particular to help them learn to be more courageous. Courageous for him means implementing long-term strategies and not focussing on short-term gain. His speech went strongly against what is classically heard in business schools. He stated that business has thought for decennia that the goal of all good managers is to maximise shareholder value: and the shareholders, of course, are very often just in it for a short-term profit. If we want to avoid the next crisis, we need to deliver those courageous managers and leaders, individuals who are able – and willing – to think in the longer term. Schmittlein said something else very interesting. If the crisis invites business schools to teach new strategies, it will equally change our way of teaching, encouraging us to embrace a real openness and take a holistic approach to the world. In short, he encourages us to lay a more values-based foundation. This may not be the perspective you would expect from the head of a business school, but in the context of the current economic turmoil, values are the only sure foundation to build on. Building a vision starts with identifying the values we want to realise. What are we doing it for? What do we contribute to society? The UCT GSB is unusual among business schools in that it has a strong set of values, which were developed in consultation with the GSB community, that help it to answer these questions. There are a number of reasons why business schools have been cited as having contributed to the economic crisis. While one should not generalise, there are elements that have become part of many business schools that reinforce the narrow focus on shareholder value. To understand how business school curricula have evolved in this way, one needs to start by understanding the context – in the 70s and 80s of the last century we saw the rise of a very reductionist interpretation of economics and, in line with this, a very reductionist view of management. Economists like Friedrich Hayek and Milton Friedman developed this reductionist view of value, and, due to the fact that they take the holistic view of value creation out, shareholder value became automatically prevailing. The financial markets became the holy grail, and the concept of “the wealth of nations” was replaced by the concept of “the wealth of individuals”. Managers became more and more concerned with their share price and shareholder value in this context. The subprime crisis and other failures like Enron have shown us this clearly – managers were rewarded with big bonuses for financially exotic deals, and there was little focus on risk or real return, but rather on volume. The decline of stakeholder importance is similarly apparent in the pursuit of ever cheaper labour. Today we can again talk about a more holistic interpretation of economics. Business schools globally have begun to re-discuss the value question (or the value creation question) but from a different perspective. Some, like the UCT Graduate School of Business, are endeavouring to re-establish the stakeholder perspective – we are placing the focus on uncertainty, complexity, value driven management, personal development, social responsibility and diversity. The overarching drive is to create a new model of business school based on the paradigm of the emergent economy (which is characterised by high degrees of uncertainty, complexity and inequality) Taking action: a new model of a business school What would the model of a business school based on the paradigm of the emergent economy look like? This is a difficult question, and one that management educators globally have been grappling with of late. In December 2008, around 300 management educators (deans, directors, professors) met in the UN headquarters in New York for the First Global Forum for Responsible Management Education. The New York Forum was a continuation of an ongoing discussion amongst academics, which began with the presentation of six principles on responsible management education to the Secretary General of the UN at the Global Compact Summit in July 2007 in Geneva. The December meeting was to table how these principles apply in management education. I had the pleasure of presenting the results of the workgroup on new learning methodologies. The consensus at the Global Forum was that sustainable principles in management should address a number of domains: the spiritual, the biosphere, the social, the economic and the material (materials, energy). By preference all together, not just one of them. What in effect is called for is a “systems thinking” approach in management education that imbues students with an understanding of the complex, interconnected world around them and the impact of their decisions on this world, as well an understanding that their own success is linked to the success of those around them. Business schools have generally made the mistake of believing that business management is about taking a scientific approach. This has led to executives believing that problems can be solved by distilling them to their core, and fixing that. The assumption is that when each core problem is fixed, so is the whole. That doesn’t work so well in an interrelated world. Consistent with the demand for a systemic approach to a new paradigm of business, current and future managers need to learn new competencies and an appreciation that they cannot serve only the shareholder and hope that this is best for all stakeholders. As business schools, I believe we are called on to better integrate a more holistic and systemic way of viewing the world into our methodologies. While the UN Global Forum for Responsible Management has shed light on the path we can take to avoid a global catastrophe of this magnitude and nature in future, action needs to be taken now. At the UCT Graduate School of Business, the foundation for a new type of business school is already being laid. The School has a set of values and has as one of its strengths a focus on systems thinking and action learning that very few business schools internationally can match. A holistic management interpretation1 The GSB champions a holistic approach to management. Despite the fact that the prevailing Anglo-Saxon approach to management has added insight and value to our understanding of the functioning of markets and companies – it champions too narrow a focus for what is now needed in business. A more holistic, systemic approach that celebrates diversity is required to enrich the prevailing Anglo-Saxon model. The holistic management diagram developed by Wilber helps in understanding why and how this might be achieved. A holistic management model •Personal development •Leadership •Making a difference •Self motivation •Emotional development •Joy •Involvement •Responsibility •Respect Individual Personal Development (Learner centered) Management techniques Internalised •Historic legitimacy •Diversity •Sustainable development (long term perspective) •Social responsibility •Sociology •Humanism •Relativism Externalised Values and culture (identity) Systemic management approaches Networked 1 •Quantitative approaches •Control/performance •Management by objectives •Models •Financial orientation •Short term efficiency •Production management •Dynamic system behavior •Management in complexity •Management in diversity •Knowledge management •Community of practices •Ecological management •Ethics in management •Social corporate responsibility •Sustainable development •The networked economy •Emergence, innovation… Baets W and Oldenboom E, Rethinking Growth: Social intrapreneurship for sustainable performance, Palgrave, 2009 From the model it is clear that the dominant Anglo-Saxon approach (called management techniques in the diagram) does not sit in isolation or in a hierarchy in this model, but rather as one part of a whole. Working hand-in-hand with functional management techniques are three other areas of equal importance for creating a sustainable organisation – systemic management approaches, values and culture, and personal development. Seeing the four elements or quadrants as part of a whole, it is immediately clear that this model would create a more people-focused, value-driven and value-creating organisation than what is currently the norm. To examine the diagram more closely, diagonally opposite to the Anglo-Saxon or mechanistic approach to management is the values and culture dimension of the holistic model. Such a vision – in which values and culture are elevated in importance and not simply a side issue to the business of profit-making – can only be translated into action by people who have the qualities and the motivation to make a real difference in the world. In addition, the model necessitates a strong focus on personal development (upper-left quadrant) as a backbone for all managerial approaches, and highlights the need for companies to be organised around life-long learning and career development for their employees. So, in other words, human resource management becomes a key element of the management function in the holistic approach. The bottom right quadrant is represented by systemic management approaches. Systems, in this sense, are interacting elements that create a logic of their own, that surpass the simple addition of the composing elements. So this quadrant contains the more ecological approaches to management: network theories and applications; sustainable development models; complexity theory; and concepts around diversity as a constructive force etc. Practicing a holistic management approach requires the interweaving of all four quadrants. It is only by pulling the four elements together that an individual can develop into a responsible manager who is able to pilot a company for sustainable performance. A manager, just as any other employee, becomes the entrepreneur of his or her own development, within a dense and intensive network of peers. In contrast, the AngloSaxon model is focused mainly in the upper-right corner and, therefore, although companies might pay some attention to culture, or personal development, the focus remains firmly on the realisation of financial results. A holistic model, on the other hand, demands that organisations satisfy the needs of more stakeholders than just its shareholders. Four pillars of excellence The GSB’s mission is to build and strengthen four pillars of excellence that underpin and inform the new model it is seeking to develop. 1. Academic Excellence While most business schools develop academic strength via a few strong disciplinary faculty groups (finance, marketing, strategy etc.), the GSB is developing its academic excellence in the trans-disciplinary theme of Emergent Market Business. The systemic research themes are: 1) Governance in Emergent Economies; 2) Development, Innovation & Technology; 3) Entrepreneurial Development & Sustainable Business; 4) Diversity, Dynamics & Culture; 5) Infrastructure, Reform and Regulation. 2. Societal Relevance A business school cannot live outside its economic and social environment and has to take up its own societal responsibility. The GSB is committed to transformation and equality in all its aspects. This commitment to social responsiveness is in line with UCT’s strategic goal to enhance the university’s contribution to addressing key development challenges facing South Africa. At the GSB this is achieved specifically through: research, for example the Global Entrepreneurship Monitor research carried out by the Centre for Innovation and Entrepreneurship which investigates how to boost entrepreneurship in the South Africa economy; policy and advocacy, for example, the work around electricity regulation carried out via the Infrastructure, Reform and Regulation programme run by Anton Eberhard; strategic partnerships, for example the Raymond Ackerman Academy of Entrepreneurial Development that seek to develop entrepreneurial mindsets among disadvantaged South African youth; and student and staff outreach activities that range from fundraising to building homes for Habitat for Humanity. 3. Pedagogical Excellence The GSB has developed teaching excellence through its application of SYSTAL (Systems Thinking Action Learning). Innovations in the areas of transformative learning and personal development are integrated into the curricula of many of the programmes. These learning processes and holistic management approaches (as outlined above) are globally recognised as being at the vanguard of management education. 4. Thought Leadership The GSB provides genuine thought leadership, not only in South Africa, but also in the wider African continent, as well as the BRICSA countries. This thought leadership is demonstrated to business and society through strong activity in executive education, corporate learning and a robust culture of debate. The newly launched GSB PhD programme is growing a pool of home-grown African talent that will invigorate the School’s thought leadership in the region. Principle 3 Method: We will create educational frameworks, materials, processes and environments that enable effective learning experiences for responsible leadership. HLUMA - ENTREPRENEURIAL VILLAGE: OUTREACH INITIATIVE FOR SOCIAL ENTREPRENEURIAL DEVELOPMENT Introduction In 2010, GSB completed both the institutional and technological platform by which to launch the innovative entrepreneurial development outreach initiative of Hluma. Institutionally, GSB has partnered with SHAWCO, a long-established universitybased and student-run organization renowned for its development-oriented work in the surrounding township and rural communities of Cape Town and broader South Africa. Technologically, the Hluma web-based protocol has been tested and affirmed in its functionality, prepared for the pilot programs to be launched in early 2011. The following section describes the distinct concept and structure of Hluma, and offers it as an example by which responsible management educational institutions are to extend their knowledge and expertise to relevantly contributing to the progress of society in which they are embedded. Aims Democratise management education Provide an innovative alternative for dealing with larger populations of people that are in demand for management education Innovate the pedagogical model and therefore has a specific target group and it needs a specific type of organization. Objectives Provide learners with entrepreneurial competencies and knowledge of the basics of management Provide a higher “return on education” through a projects based on a learningby-doing approach Create immediate practical and relevant output (a business plan) Allow for truly international delivery and learning, using a virtual learning laboratory. This project could in a later stage be rolled out, outside SA Create a network of people and ideas, that are able to generate new business proposals and that can contribute to local sustainable development Mass management education Market Within a focus on (young) adults, three target groups have been identified: Unskilled people with specific training needs. This can include employees, individuals or SMEs that want to take their business to a higher level. Poorly qualified individuals excluded from the school system Entrepreneurs who wants to create their own company Program The content of Hluma consists of the following: Roughly 300 management concepts Around 50 cases (initially) 5 courses of each around 100 working hours: Marketing, Finance, HRM and personal development, Strategy and complexity, Process Modelling A module on innovation and entrepreneurship, eventually ending up in the realisation of a business plan Collaborative tools Personal follow-up module and possibility for co-coaching The program is driven by the “skill development” axis, as discussed earlier. It is completely assignment driven, and it is all tutor supported. The program is meant for a group of around 10 “students” to work together on the assignments, under the guidance of a skilled tutor (trained by the GSB). Thos tutors can be either MBA students, social workers, alumni, or anybody who is willing to engage and has a minimum training in either business or tutoring. Historical and Conceptual Background Business management education needs to be relevant in the first place, and this on all levels. Relevance means value based, meaningful business, contributing to society and its development, creating value where it does not yet exist. Business management, from a developmental point of view is entrepreneurial, creative and innovative. Over the years, we have organised business management education in a rather elite way, increasingly oriented towards techniques and disciplines. We have lost sight of the holistic character of business management; we have lost sight of the purpose of business management. While business schools flourish, entrepreneurial development on a wider scale is left too much out. Intercultural dialogue is today a matter of necessity, not choice. Faculty members, staff and the student body are rarely a homogeneous group nowadays. Too often, higher education is based on one prevailing cultural model: in business education it is the Anglo Saxon model, as created, mainly, by the US Business Schools. Textbooks and teaching/learning approaches are designed in order to fit that culture. Even the entry criteria (in business education the GMAT test) fit that one prevailing culture. With a growing internationalisation of the world, we have not paid enough attention to the cultural diversification of (higher) education. Textbooks and learning approaches are indeed highly context bound. However, different learning approaches, translating cultural diversity, can seriously enrich mutual learning. The modern university has grown out of the creative co-existence of different ‘cultures of learning’ – both termed disciplines and pedagogical models – out of different ways of seeing the world and of defining and studying it. In Hluma (the name we gave to this approach), a different pedagogical model is proposed, that allows not only to host cultural diversity, but even more so to learn from cultural diversity. This model advances the notion of diversity as an asset of outstanding value. It concentrates on the essentials: entrepreneurship, creation and innovation. It is based on learning by doing. This model has been used for the first time, as the basis for the Euro-Arab Management School (EAMS), a joint project of the EU, the league of Arab States and the Spanish Government (in the 1990s). The briefing for this school was to create a pedagogical approach and pedagogical material that could be used through a network of partner schools (in Europe and the Arab countries), allowing them each and all to adapt to their specific settings. It should allow an easy roll-out, throughout a vast geographical territory, and should be very hands on (relevant for developmental purposes). It should be highly cost-effective. For obvious reasons, this model is a hybrid one, combining tutoring, peer-learning and action based learning (and no teaching). The eventual network of learners, becomes the kernel for further development within their respective communities. The pedagogical concept: learning instead of teaching; learner centred instead of teacher centred; individualised approach As already suggested, in order to be able to allow and use diversity as a constructive principle, the pedagogical model needs to be highly individualised, and focused on the personality of the “learner” (the one that wants to learn). Most classical pedagogical approaches, though, are based on a standardised curriculum, focusing on (standard) content. These approaches are in fact based on what is known as the transfer metaphor of education. (For detail on all this, please refer to Baets and Van der Linden, 2000 and 2003). Classically, business schools consider knowledge in general and, more specifically, subject matters, as transferable commodities. A student is seen as a vessel positioned alongside a loading dock. ‘Knowledge’ is poured into the vessel until it is full. Whereas the student is the empty vessel, the teacher is a crane or a forklift. The teacher delivers and places knowledge into the empty vessel. Courses applying the transfer theory would be very much lecture-based, would include talks from leading figures in the relevant fields (the more the better) and would provide students with duplicated course notes. Once the vessel is filled, a ‘bill of loading’, which is the diploma, certifies the content of the vessel. IT improves the speed of the loading (with high tech cranes). Nobody can guarantee that in the next harbour, the cargo is not taken out of the ship again. Monitoring a student means monitoring the process of filling the vessel, signing off the bill of loading, and sometimes sampling the quality of the contents. Our pedagogical approach, instead, is built on a different concept by which the teacher initiates and guides the students through an unknown terrain that needs to be explored. The student is the explorer and the teacher/tutor is the experienced and expert travelling companion and counsellor. The guide not only points out the way, but also provides travelling maps and a compass. To a certain extent, the ‘teaching methods’ (if one can still call them such) which are used in applying this concept are more experiential methods: learning while creating one’s own business plan. In this theory, the monitoring process consists of monitoring the personal development of the student. It should not be forgotten that becoming a manager, in many respects, is working on one’s own personality, more than anything else. The consequence of the application of this ‘new’ pedagogical metaphor is that management education should pay more attention to the managerial process than to the theoretical knowledge supporting it. Management education should be more competency driven than knowledge driven. It should not be an organised search for the Holy Grail: the one (always) best solution; for the simple reason that the chance is little that this solution exists. Even more, management education should not attempt to look only for solutions, but rather for possible ways of travelling. Hluma Structure and Process A “course” in entrepreneurial development is designed within a pedagogical platform and approach called “The Innovation School”: a virtual learning platform, an innovative and cutting edge pedagogical approach bringing learning onto the work floor into the very heart of managerial action, integrating knowledge management and learning into every day learning-while-doing situations. This platform is designed by Walter Baets, and in its fourth version developed by Euromed Management. The course design, the platform design, the learning design and the platform are available. The Innovation School is a learning laboratory; that contains theoretical content, cases, course assignments, business information sources and collaborative tools. The content is hypertext linked, based on the semantics of concepts and cases. This allows full freedom of learning at any level of pre-knowledge for each and every individual. Each learner can progress at their own level, pace and interest. Learning is completely individualised, taking into account the diversity of each user. All content is accessible via multiple entries (per concept, via assignments, via a semantic search engine, etc). The learning platform contains personal workspaces, in which the competency management of the individual can be monitored and managed. Collaborative tools are available (such as Wiki’s and chat facilities). Most innovative and unique is the semantic linking between the concepts, and its visual semantic tree representation that goes with it. The platform is designed in Moodle (free software), using Wikipedia concepts (free of charge), and the kernel of Innovation School (made available by Euromed Management). The Innovation School is equally a ground breaking pedagogical innovation. The approach is completely learning-by-doing driven, putting the learner in the center of the action. Each individual can learn what they want to learn, whenever, wherever and following a free and personal learning path. The learner steers their own learning, guidance is given through assignments (organised around the 4 basics of management and an entrepreneurial theme). Faculty becomes tutors, facilitating the learning of individuals. Assignments can be brought into the daily work of the users allowing learning and knowledge management to flow together; learning becomes integrated into daily work practice. We have stopped schooling and finally allowed learning. INNOVATION SCHOOL Business management education has four dimensions. We need to know some concepts (like ROI, market segmentation, cost structure, etc). However, this knowledge in itself is not going to make us a manager/entrepreneur. We need to know how those concepts apply (and that is where in general cases come in). However, the real difference is made in the third and fourth dimension. The third dimension is de development of competencies, skills, in order to be able to do something with those concepts and application one self. That can only happen via activities (therefore learning by doing). The fourth dimension is personal development: your development into a creator, somebody who is able to act, to take responsibility. The responsibility of learning is brought back into the learner. The tutor facilitates learning and challenges personal development. A tutor is no longer a domain expert but a facilitator, and that can be trained in a train the trainer program. Virtually any dedicated person (MBA student, social worker, entrepreneur, coach) could become a tutor of Hluma. The pedagogical concept of learning-by-doing and learning-while-doing, on which the Innovation School and Hluma is based, is both well researched (see references) and has already proven its value added in real life learning projects (it is used for all fundamental courses in management in Euromed Management). However, we feel that the personal contact and groupwork is certainly equally important, this we like to call a “Hybrid Learning Solution”. The latter aspect would necessitate involvement partners that could deliver tutoring (and hence face to face contact) “locally”. Hluma is not run at the GSB, but wherever need and interest is. Hluma Implementation Hluma is a project that is part of the GSB, that guarantees the quality of both the content and the tutoring. The GSB designs a “train the trainer” program, familiarising future tutors with the content of the program and its practical operation. Furthermore, the art of tutoring will be discussed. Those tutors will be equipped in order to reach out and work with potential learners/entrepreneurs, during an equivalent of a four month full time period. In the long run, a franchise appears to be the most plausible option for the delivery. The franchisees can be any NGO, or any organisation willing to guarantee the correct delivery of the program. They would be trained by the GSB. Examinations qualifications could be subcontracted to bodies in micro finance. Qualification (a certificate) is delivered by the GSB. An adapted examination and grading approach needs to be developed. For the GSB, this is an outreach initiative, that aims to innovative considerably management education where it is most needed. In a start up phase, we will need a minimum staff to run this operation, some servers and a minimum IT support. The GSB will run the project and guarantee its quality, but in the pilot phase we will use the Shawco (UCT NGO) network of community centers (where there is for the time being safe and secured computer equipment). A pilot will be run for 1 year in those five centers. This pilot will allow us to demonstrate the potential and to find the necessary further partners for a roll-out. We need partners that have computer equipment and some broadband available and that are willing to send some tutors on training. We could either think about NGOs, community centers, or governmental organisations. Measurement of impact In the first place, the impact of the pilot can be measured by the number of students on board, the number of working hours spend per student, the throughput (students successfully graduating). Over time it would be good to try and keep trace of the number of start-ups, the number of students that continue education, and the number of students that get a management related job. References Baets W and Van der Linden G, The Hybrid Business School: Developing knowledge management through management learning, Prentice Hall, 2000 Baets W and Van der Linden G, Virtual Corporate Universities: A matrix of knowledge and learning for the new digital dawn, Kluwer Academic, 2003 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. Related GSB Faculty Research Areas Dr. Ralph Hamann, Associate Professor Ralph is Associate Professor and Research Director at the University of Cape Town Graduate School of Business (GSB). He directs and teaches MBA courses on research methodology and sustainable enterprise, and teaches on a variety of other courses, including the Executive MBA. His research is on strategic change in organizations and governance systems in response to complex socio-ecological problems, with a focus on food security, climate change and human rights issues in extractive industries. Ralph is also extraordinary associate professor at the Sustainability Institute at Stellenbosch University, where he has been teaching a Masters module on corporate citizenship. In addition to scholarly work, he is a founding director of FutureMeasure, a company that provides an internet-based sustainability performance measurement system. Previous positions include research-related roles at the Environmental Evaluation Unit at the University of Cape Town, the Unisa Centre for Corporate Citizenship, and the African Institute for Corporate Citizenship. Ralph's research and consulting experience includes work in diverse countries in Africa, as well as in Europe and Asia. He has a PhD from the University of East Anglia with a thesis on corporate responsibility in the South African mining sector. His prior education includes a BSc in Environmental and Geographical Science and in Ocean and Atmosphere Science, and an MSc in Environmental and Geographical Science, all at the University of Cape Town. Ralph has published about 50 scholarly publications, about half of which are peer-reviewed articles, and he is on the editorial board of Environment: Linking Science and Policy for Sustainable Development and of Development Southern Africa (both published by Taylor and Francis). His recent publications include the award-winning co-edited volume The Business of Sustainable Development: Human rights, partnerships and alternative business models, published by Unisa Press and the United Nations University Press. Dr. Eliada Nwosu, Senior Lecturer Dr. Nwosu received her doctorate from the University of Pittsburgh Graduate School of Public and International Affairs (Pennsylvania, USA), where she specialised in International Development (Economics) and Global Political Economics. Prior to this she had completed her bachelor’s degree in Sociology at Yale University (Connecticut, USA), before going on to study her Masters in International Development at the University of Pittsburgh. Nwosu’s research examines the social embeddeness of both social and small commercial enterprises within the African economic context, investigating how contextual and social network facilitate the entrepreneurial process of (social) enterprise development. She investigates how social structure (networks) informs African entrepreneurial development, and the role of entrepreneurship in facilitating local economic and social development within African communities. Her current research specifically explores the structure of black South Africans’ entrepreneurial social networks and the value derived and perceived to contribute to their small businesses’ development. She looks to expand the study to other African countries. At UCT’s Graduate School of Business, Nwosu contributes research and teaching to the arenas of Social Entrepreneurship and Entrepreneurship in emerging African markets. Prior to UCT, Nwosu has conducted qualitative research on international development in other African countries and served as a Research Intern at the African Institute of South Africa (Pretoria, SA). Nwosu additionally brings experience in experiential, innovative, and community-oriented teaching in multicultural settings through her work as Coordinator of International Programming at the Office of Cross Cultural and Leadership Development (University of Pittsburgh) and former Program Director of the InterCultural House of Pittsburgh. 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. GSB HLUMA IMPLEMENTATION IN PARTNERSHIP WITH SHAWCO GSB has the pleasure of cultivating a strong relationship with SHAWCO, a studentbased independent organization affiliated with the University of Cape Town that originated in addressing health disparities within the South African society. Now the organization has evolved over years to diversify its range of activities which have immediate effects on community development. Primarily, SHAWCO is increasingly incorporating the ideals and strategies of social entrepreneurship into its mission and organizational design to not only ensure its sustainability and effectiveness, but more so, to provide essential skills to community members of South African townships and rural areas to promote innovation and economic self-sufficiency within these areas as well. In 2010, plans were confirmed to w increase the capacity of SHAWCO student trainers – and in turn, South African township entrepreneurs – via the Hluma Outreach Training. Through this interactive, integrative process of understanding entrepreneurial development – embedded in the ideals of social entrepreneurship delivered within complimentary lessons of social and cultural relevance, students will be equipped to extend this training to South African township and rural entrepreneurs who seek to further substantiate their venture through increased applicable knowledge. Traditionally SHAWCO has served 240 South African township opportunities – primarily from the areas of Khayalitsha and Nyanga – over the duration of two 6 month courses. Strategic planning is underway for the pilot that will serve approximately 30 entrepreneurs in a selected community in South Africa. The initiative will then be extended to serve more entrepreneurs throughout the second half of the year, receiving consistent support and mentorship from the GSB. GSB AND AFRICAN WESTERN CAPE SOCIAL ENTREPRENEURSHIP NETWORK- In the spirit of increasing its relevance in the broader entrepreneurial community of various stakeholders, who are committed to market-driven social and environmental change, the GSB has partnered with the African Social Entrepreneurship Network. The GSB works closely with the Western Cape branch of ASEN to host forums, convene educational opportunities, and bring in speakers who can elaborate upon the works being done in respective areas of Africa and the globe. African Social Entrepreneurship Network – Brief Description The African Social Entrepreneurs Network is a platform that was created with a purpose of bringing together social entrepreneurs across the continent to network, collaborate and learn from each other and from thought leaders in the social sector. The network plays a key role in the build-up to and the hosting of the Social Enterprise World Forum (SEWF) in 2011, a leading international event which highlights the growing recognition of social enterprises as a viable response to the social challenges facing the world today. The purpose of the network is to drive debate and dialogue of social entrepreneurship through the provision of open and easily accessible platforms for the exchange of ideas, intellectual capital and other relevant information that will further the development of the social entrepreneurial space in Africa. To this end, the network collaborates with academic institutions to raise the profile of social entrepreneurship among the youth; with government to create an enabling environment for the sector; with the private sector to communicate the viability of social enterprises for investment; and with other civil society institutions to grow the movement of active citizenship through social entrepreneurship. Principle 6 Dialogue: We will facilitate and support dialog 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. We understand that our own organizational practices should serve as example of the values and attitudes we convey to our students. INAUGURAL AFRICAN SOCIAL (HOSTED BY GSB AND ASEN) NOVEMBER 24TH, 2010 ENTREPRENEURSHIP FORUM This initial event convened social entrepreneurs of the broader Cape Town metropolitan region as well as members of provincial government, business development organizations, and research organizations. A speaker and panel were featured, who engaged with the audience in a conversation about social enterprise organizational structures, and their respective costs and benefits. Approximately 70 participants attended the forum with the promise of increased attendance in the upcoming forums. Forthcoming 18 Months: The upcoming 18 months are strategically geared towards the launching and development of the GSB’s Center for Social Innovation and Entrepreneurship. Involve in the Center’s materialization, as well the fulfilment of the UCT’s PRME-related goals, would be the following activities. Principle 1: Purpose – Building the Capability of Students GSB’s participation and African-based coordination of the Global Social Venture Competition as a regional partner, coordinated internationally by UC Berkeley. Establish on-site ‘incubation’ for the support and maturation of studentdriven social entrepreneurial ideas. Conducting of a speaker series on social innovation, initiated by the hosting of Michael Norton of Unlimited South Africa. Principle 2: Values – Development of Socially-responsible academic activities and curricula Focus on solidifying curriculum – both MBA-focused and short courses with social innovation and sustainable enterprise leanings. Principle 3: Methods – Creation of Educational Frameworks, Materials, and Processes Formal testing and expansion of the Hluma Entrepreneurial Village. Principle 4: Research – Conceptual and Empirical Research of Sustainable social, Economic, and environmental value. Institutional fundraising confirmed to support the establishment of Academic chairs in related arenas of social innovation and value-based leadership to bolster cutting edge research in those fields. Principle 5: Partnership – Interaction with Managers and Business Partners Principle 6: Dialogue – Facilitate and Support Dialogue and Debate Conference on Youth-Driven Social Innovation (collaboration of GSB, ASEN, and the Skoll Center, Oxford; hosted by the GSB) Tentatively July, 2011 International Conference on the Business of Social and Environmental Innovation (collaboration of multiple partners; led and hosted by the GSB) November 14-15, 2011