BGA’s Business Impact magazine: Issue 2, 2026 | Volume 30

SOCIAL IMPACT

Initiatives & themes to reinforce public value

Output

Key numbers since 2014

300+ since 2016, attracting typically 100-200 attendees per session

Business breakfasts

9 new centres established: - Electric Vehicle Centre of Excellence (2014) - Sustainable and Responsible Supply Chain Forum (2017) - Centre for Innovation Policy (2021) - Environmental, Ecological and Extinction Accounting, Governance and Economics Research Group (2021) - Centre for Public Value Procurement (2022) - Cardiff Sustainable Finance Research Group (2023) - Data Lab for Social Good (2023) - Modern Slavery and Social Sustainability Research Group (2023) - Public Management Research Group (2025)

Research centres

24 episodes since 2021 , with nine more scheduled for release from October 2026

Podcasts

Successive deans at Cardiff Business School have provided leadership for public value, with its conceptual foundations solidified through a series of further academic contributions. The post of pro-dean for public value was created in 2021, with a specific remit to reinforce this focus in key school committees and activities, including the school’s management board, research, teaching, external engagement and promotions. In parallel, a shadow management board was established to hold the school’s management to account and provide a source for ideas to further enhance public value. In terms of school life, we integrated public value as an explicit element in many of the levers through which we could change what staff did and how they did it. These levers included recruitment and promotion criteria; module content and course revalidations; new courses; new modules within courses and new methods of assessment. We also introduced new ways of including academic and student voices (for example, through the creation of the aforementioned shadow management board in 2015, a race equality committee in 2020 and, this year, a student advisory board). Alongside these, other levers included new research centres; the allocation of seed corn funding; supporting applications for research leave; public value podcasts; public value engagement fellowships (PVEFs); research excellence framework (REF) impact

3 awards per annum , covering fees and stipend from 2021-22 (2 per annum from 2018-19)

PhD scholarships

8 impact cases underpinned by public value for the school’s REF 2029 submission

Research excellence framework

3 , including a new MSc in Sustainable Supply Chain Management (2018/19); an MBA redesigned around the school’s grand challenges (2019/20); and a new foundation undergrad module on Economy & Society (2019-20)

New and changed courses

36 since 2016

ESRC Impact Acceleration Account awards

19 since 2016, awarded on merit to academic and professional service colleagues regardless of grade level 2 in post per annum since 2016 , representing local small businesses and social enterprises 186 SME businesses reached across 20 cohorts between 2021 and 2026. 90%+ satisfaction rate among participants

Public value engagement fellowships (PVEFs)

Public value entrepreneurs in residence

Help to grow

Business Impact • ISSUE 2 • 2026

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