The True Role of Business Schools

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Economic Equation for Sustainability

• The True Role of Business Schools
• in the Economic Equation

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• Sustainable World

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• Institutions
• Ideology

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• 3 most powerful institutions last 700 years?

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• Religion

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• The State

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• Business

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• Two leading ideologies today

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• Liberal
• vs.
• Conservative

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• Ideology
• needed today?

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• Commerce

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Commerce Premised On

• Global Interdependence
• Sustainability
• Local Self-Reliance
• Bottom-Up
• Entrepreneurship

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Economic Equation for Sustainability

• Entrepreneurship
• Education
• Free Enterprise
• Triple Bottom Line

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Entrepreneurship

• Creative Destruction

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• Continuous
• Improvement
• vs.
• Creative Destruction

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Education

• Philosophical approach
• to education

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Free Enterprise

• Political Economic Freedom
• Private Ownership
• Free Markets

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Sustainability

• Maintain viability through profits
• While equally addressing the environmental impact
  of actions
• And the importance of stakeholder acceptance.

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Sustainability is

• Tripod of approaches
• Potential benefits in triplicate

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Triple Bottom Line

• People
• Planet
• Profits

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• Business
• Schools
• Role

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More Than Just

• Content
• and
• Skills Acquisition

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• Reflect a
• Holistic Perspective

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Curriculum Model

• Philosophical View
• Subject Student Society
• Tentative General Objectives
• Screens Screens
• Precise Objectives

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Philosophical View

• Curriculum (strategy, business model, etc.) must
  be
• Viewed as a true seeing of the whole
• Must understand quality of individual parts
• Parts integrated and viewed in the whole
• Everything finite is changeable (Dialectics)

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Sources

• Subject
• Student
• Society

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General Objectives

• Identified
• from sources

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Screens

• Filter Objectives
• Provide Latitude
• Value Judgments

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Beliefs Screen

• Political and Economic Freedom
• Competitive and Productive Effort
• Sacrifice and Savings
• Not a fixed-pie society
• Limited but effective government

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Beliefs Screen

• Equality of opportunity but inequality of reward
• System not based on conformity
• Diversity
• Freedom to fail

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Values Screen

• Individual Choice, Effort, and Responsibility
• Code of Ethics
• Value Creation
• Servant Leadership
• Professionalism

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Precise Objectives

• Continuity, Sequence, Integration
• Assimilation, Accommodation, Equilibration
• Learning how to learn
• Inquiry discovery
• Internalization

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Business Model

• True seeing of the whole
• Profits People Planet
• Sustainability, Entrepreneurship, Free
  Enterprise, Global Interdependence, Local Self
  Reliance, Value
• Beliefs Values
• Sustainability, Commerce, Economic Equation

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