Research Magazine 2017

Responsible Management Education in the Coles College

Michael J. Maloni

Recurring disclosures of large scale corporate scandals like that at Volkswagen and Wells Fargo enhance the significance of developing the next generation of ethical global business leaders. The Coles College of Business is a signatory of the United Nations Principles of Responsible Management Education (U.N. PRME), which promotes “an engagement structure for academic institutions to advance social responsibility through incorporating universal values into curricula and research.” We recently surveyed more than 1,000 Coles students about their attitudes and perceptions about responsible management education. We found that students in the early stages of their education maintain a naïve level of confidence in their responsible management skills. Yet as they progress, they recognize the complexities and challenges of responsible management and in turn, lose a degree of confidence in their skills. As they near graduation however, the students regain their confidence, reflecting the impact that an effective PRME program has in preparing students for their careers. We are currently collecting Coles faculty perspectives to compare to the student results in order to drive continuous improvement of responsible management education in the college. We are also attempting to collect data from other PRME institutions to benchmark best practices in responsible management education. Overview

18 | Summer Research Fellowship

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