2010
Benedictine joins initiative to champion responsible management education

Benedictine joins initiative to champion responsible management education
July 14, 2010

Phil Brozynski, Media Relations Manager
(630) 829-6094
pbrozynski@ben.edu

7142010_collegeofbusinesswebjpgBusiness has become a global endeavor, so why shouldn’t teaching students to be responsible business leaders?

Four years ago at a forum titled “Business as an Agent of World Benefit” at Case Western Reserve University in Cleveland, Ohio, the groundwork was laid for establishing a global platform of responsible management education that would guide business schools and academic institutions worldwide.

The six Principles for Responsible Management Education (PRME) were developed in 2007 by an international task force of deans, university presidents and representatives of leading business schools and universities. Since then, more than 300 institutions in the United States have signed up to the PRME initiative.

Recently, Benedictine University joined other such notable U.S. academic institutions as Boston University, DePaul, Fordham, Johns Hopkins, Marquette, Maryland, Notre Dame, Ohio State, Pepperdine, Pittsburgh and Wisconsin in promising to incorporate the six principles into curricular and extra-curricular activities.

“We believe joining the PRME initiative will benefit the College of Business by reinforcing our values-centered approach to business education,” said Kevin Doyle, Ph.D., a professor in the Master of Business Administration (M.B.A.) program at Benedictine University and chair of the University’s PRME task force. “The PRME principles are highly synergistic with our Benedictine values. “

Joining the initiative will also strengthen our external brand as a leader in responsible business education, position us in a truly global network of leading business schools, centers and institutes, and connect us to resources that will help develop our faculty,” Doyle added.

By joining the initiative, Benedictine has agreed to:
• 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
• Incorporate into academic activities and curricula the values of global social responsibility
• Create educational frameworks, materials, processes and environments that enable effective learning experiences for responsible leadership
• Engage in conceptual and empirical research that advances understanding about the role, dynamics and impact of corporations in the creation of sustainable social, environmental and economic value
• Interact with managers of business corporations to extend knowledge of their challenges in meeting social and environmental responsibilities and to explore jointly effective approaches to meeting these challenges
• 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.

Members of the Benedictine PRME Task Force – Doyle; Jim Gustafson, Ph.D., Leadership Scholar-in-Residence and director of Executive Education; Jim Ludema, Ph.D., director of the Center for Values Driven Leadership; Rick Cali, M.B.A., associate dean of the College of Business; Eric Goodwin, College of Business project manager; and Sandra Gill, Ph.D., dean of the College of Business – spent several months studying the benefits of joining the initiative and whether it would benefit students and faculty.

On June 2, Benedictine took the next step toward integrating the PRME in its business curricula by hosting a one-day workshop, “Incorporating the Principles for Responsible Management Education into My Teaching, Scholarship and Service.” Nearly 20 regular, associate and adjunct faculty members from the College of Business participated.

For more information about Benedictine and the PRME, contact the College of Business at (630) 829-6206.

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Benedictine University is an independent Roman Catholic institution located in Lisle, Illinois just 25 miles west of Chicago. Founded in 1887, Benedictine provides 56 undergraduate majors, 16 graduate and four doctorate programs. The Chronicle of Higher Education recently ranked Benedictine University as the seventh fastest-growing campus among private nonprofit master’s universities, and Forbes magazine named Benedictine among the top 20 percent of America’s colleges for 2011. Benedictine University’s Master of Business Administration (M.B.A.) program is listed by Crain’s Chicago Business as the fourth largest in the Chicago area in 2011.