Management theorist Peter Drucker once wrote “management is doing things right; leadership is doing the right things”.
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In this section of the website, visitors can learn more about the data collected by the Aspen Institute in the last round of its biennial Beyond Grey Pinstripes survey. This section of the website will be updated over time with new reports, and we hope that you will return throughout the year to see what has been added.
What are some of the interesting offerings submitted by schools around the world?
How can I learn more about specific topic areas across schools?
What changes has the Aspen Institute seen in MBA curricula and faculty research?
The results of our global MBA survey reveal exciting developments in coursework, faculty research and other activities on campus. Each month, we highlight a few schools' offerings in a different focus area. We welcome you to return at the end of each month to catch a glimpse of the trailblazing offerings at business schools around the world. Click here to view past highlights.
To view the full Beyond Grey Pinstripes 2011 survey results, we invite you to Search the Data.
There are many ways to look more closely at the Beyond Grey Pinstripes data:
1. In the first survey of MBA programs after the devastating global financial crisis of 2008, we see evidence of significant change in MBA curricular offerings and faculty research.
In all scoring categories used to determine the ranking, schools have raised the bar. There are more courses with content on social, ethical, and environmental issues; more courses that zero in on business as a positive agent for change; more exposure of students to this content, and more research published by faculty on relevant topics. We see:
2. The core curriculum is changing. There is a striking increase in content on social, ethical and environmental issues in required courses across departments. Between the 2009 and 2011 survey cycles, there was a 38 percent increase in the number of relevant core courses in finance departments across schools, a 41 percent increase in marketing departments, a 22 percent increase in Accounting departments, 57 percent increase in Operations and Productions Management offerings, and a 22 percent increase in relevant core IT / MIS offerings.
3. There has been an increase in the percentage of schools requiring students to take a course dedicated to business & society issues. The percent of schools surveyed requiring students to take a course on business & society issues: 34% in 2001, 63% in 2007, 69% in 2009, 79% in 2011
4. In this ranking we put greater weight on the “business impact” score (30% out of 100%) . In other words, we looked for evidence that schools are preparing their graduates to consider the social and environmental impacts of business investment, strategy and risk management and overall to make high quality business decisions that will benefit society over the long haul. There is plenty of evidence that schools are stepping up their game. Sample content:
5. Social Entrepreneurship courses are gaining far greater prominence across MBA programs. Importantly, most of these courses focus NOT on non-profit, mission based organizations BUT on how business models can be adapted in ways that produce companies that intentionally strive to achieve positive financial, social and environmental results. Between 2007 and 2011, we saw 60% more schools in the survey offering courses being on social entrepreneurship.
6. Striving to prepare MBA students for social and environmental stewardship is a global phenomenon. The Top 100 MBA Programs list is an impressive mix of schools, from schools with significantly large student bodies to small schools, public and private, and international (including schools from all over Europe, Peru, Australia, the Philippines, and South Africa).
7. We see a significant increase of faculty research on relevant topics. Faculty Research abstracts covering headline topics of the past few years, such as the recession and climate change, increased significantly compared to previous cycles.
Professor Malcolm Kirkup, Director, One Planet MBA University of Exeter Business School, UK