incorporate into their teaching new substantive concerns and issues as the core of the new role of the firm, - drivers of wise risk management and sources of innovation and value: Human Rights and Labor rights Climate change, water scarcity, food security, renewable energy Transparency and anti-corruption Strategic philanthropy, social investment, shared value in the supply-chain, new business models and MDGs Implications: 1) overall effort to update all disciplines in management education. 2) Finances: risk management, valuation of assets and learning methods that instill a greater sense of responsibility as a future leader and professional. - 4 changes in the landscape…
- 4. Integration of social and climate concerns: Finally, social and climate concerns will have to be integrated into one single new value proposition for responsible corporate behavior.
- The environment is not any more an add-on to the economy but two dimensions of the same reality, the greening of the economy towards a low-carbon economic structure is not an add-on to economic recovery, but a crucial component of recovery itself, and the green corporation is not something different from the new role of the firm in society.
- Implications: apart from some courses on sustainability, climate change has not been integrated into educational efforts in the curriculum of business schools.
- 4 changes in the landscape…
- Embrace the new vision of business, innovate the management model the teach, adhere to these new values/concerns and update their teaching to them, as the core of the DNA of the firm, and…
- …Do so through a collegiate and sustainable effort…
- Will become the innovators…
- and therefore the future leaders of the sector.
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