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The Role of Business Schools, as Responsible Institutions, in Making the World a Better Place

The Role of Business Schools, as Responsible Institutions, in Making the World a Better Place Ahmed Hassanein Assistant Professor School of Management & School of Sciences & Engineering USEK, Junieh , Lebanon April 15, 2014. Our Context. Private University

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The Role of Business Schools, as Responsible Institutions, in Making the World a Better Place

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  1. The Role of Business Schools, as Responsible Institutions, in Making the World a Better Place Ahmed Hassanein Assistant Professor School of Management & School of Sciences & Engineering USEK, Junieh, Lebanon April 15, 2014

  2. Our Context • Private University • Post-revolution Egypt (wanna know what that’s like? Ask me later!) • Economy • Unstable – “hit-&-run” • 70%+ informal • 90%+ SME's • Dominated by family-owned businesses • Our graduates end up either: • In their family-owned business; • In MNA’s; or • Not here no more

  3. Our “Dilemma” • Surely telling them to be good & do good won’t cut it…. Or will it? • Patting yourself on the back doesn’t work well if you have stakeholders to answer to • Do well by doing good… think globally, act locally • M/SME’s vs MNA’s • We realize we are but a piece of the puzzle One piece in a 5,000-piece Jigsaw puzzle Picture of blue sky, sea & beautiful mountains

  4. So the real question is: How do we maximize our role & make this puzzle not only easy, but also worthwhile to solve, while maximizing our impact? http://img843.imageshack.us/img843/3088/kryptt.jpg

  5. We are, After all, a University • Specialization is efficient • Silos • Schools – Departments – units - Specializations • Jack of all trades, master of none • Is that how the world functions?

  6. Our Mission The School of Business strives to create an environment that fosters the development of principled &innovative business leaders &entrepreneurs who can make a difference

  7. Our Mission The School of Business strives to create an environment that fosters the development of principled &innovative business leaders & entrepreneurs who can make a difference Is that enough? Can vs. want to Can vs. see the need to Can vs. see the value in

  8. Our Mission The School of Business strives to create an environment that fosters the development of principled &innovative business leaders &entrepreneurs who can make a difference Reminiscent of government’s role?

  9. Food for Thought • A specialized course on business ethics • A specialized course on women’s rights • A specialized course on minorities’ right • A specialized course on transparency • A specialized course on integrity • A specialized course on anti-corruption • A specialized course on sustainability Does this make sense to you?

  10. Promoting Tri-partite Solutions • Public sector, private sector & civil Society • Is Civil Society civil? • Is Private Sector private? • Is public Sector public? It’s a matter of trust! How does one instill that?

  11. ERS in School Activities • Strategic dir. & plans • Formal commitment & championship of globally recognized initiatives through international memberships & activities • Teaching, research & service • Institutional, faculty & student impact on the community; & • Integration & collaboration with AUC & the broader community • BoP investment

  12. Questions We Ask Ourselves continuously X • Is there room for improvement? • Are “ethics” universal? • Is there an ultimate Right & Wrong, or is it location/culture dependent? • Where does one draw the line? • How can one teach ethics & CSR in the lack of rule of law & ethics? • Legal vs. ethical? • Internationalization? • Sustainability in a “dynamic” economy?

  13. Can you promote what you don’t practice?

  14. School’s Pillars • Entrepreneurship • Innovation • Leadership • Responsible Business

  15. PRME • Signatory in 2011 • 1st PRME Regional Forum - “Entrepreneurship – Sustainability – Transparency: Promoting Responsible Management in a Changing Region” • Supporting 2nd PRME Regional Forum - "Doing Business Responsibly: When Corporations Become Citizens” (2012), USEK • Nominated to become PRME champions • UN Global Compact LEAD member

  16. Show Me the Money! • SAB • Student inclusion in CSB standing academic governance & policy committee • KCC – case studies showcasing sustainability & responsibility • EIP • WEL • Corporate Governance Club

  17. Show Me More Money! • Executive Education • Real Estate Academy • Management Centre • Collaboration with other Schools & Centres • Collaboration with other edu. institutions • What we teach, how we teach it & why • Building bridges (recruitment & faculty development)

  18. Really, the Best We Can Do Is Lead by example & let stakeholders see the light

  19. Thank you for your time God Bless you all P.S. Send your kids to AUC! ahassanein@aucegypt.edu

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