2008 was the year in which a new global agenda was unveiled - In the first half of the year we faced several global crises (energy and food), and the urgency concerning climate change was heightened.
- These crises point out to a new important and crucial fact: as a result of economic growth and the incorporation to the international markets of the emerging countries (Russia, China, India and Brazil), we are now facing the certainty of scarcity in the supply of natural resources in the world – in the areas of food, energy, water and climate.
2008 was the year in which a new global agenda was unveiled - In the second half of the year, we witnessed the collapse of the credit system and a rapid spread of the biggest and most contagious economic recession in our lifetime.
- This crisis has presented the international community with some needs: a) design and implement global recovery, b) reform of the IMF to cope with economic distress in the developing countries, c) international financial regulation, d) reform of the international monetary system, e) diverse calls to rethink global capitalism (with more questions than answers)
- This new scenario adds a note of urgency
- to initiatives like PRME
- 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, reporting on progress to all our stakeholders and exchanging effective practices with other academic institutions:
- Principle 1: Purpose
- Principle 2: Values
- Principle 3: Method
- Principle 4: Research
- Principle 5: Partnership
- Principle 6: Dialogue
- 235 signatories
- Reporting: Sharing Information on Progress every 18 months.
- Growing number of activities (Anti-corruption, Poverty as a Challenge in Business Education, Climate Change, Travel Studies and Learning Methods…)
- * 76% of senior executives say that it is important they have the knowledge and skills to respond to trends like resource scarcity, the low carbon economy and doing business in emerging markets
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- * Fewer than 8% believe these knowledge and skills are being developed very effectively by their own organizations or business schools
- (Developing the Global Leader of Tomorrow, Survey - Matthew Grisham - PRME Global Forum)
- a) Are responsible companies satisfied with the average professional going out of the business schools?
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