AMBA's Ambition magazine: Issue 51, March 2022

INTERVIEW

I think our future business leaders of tomorrow need confidence in their ability to predict what’s going to happen under normal consequences

Students care very much about the climate agenda. Do you think this will have as much of an impact on student recruitment, physical environments and student exchange and study tours, as as it will on course components and pedagogy? Now more than ever, rankings continue to be a primary source of Business School legitimacy, which prospective students consider when choosing programmes and Schools. The weight of various sustainability categories increases each year, and individual Schools win or lose as a result. This, in turn, has an impact on which School a student chooses to study at. ‘Green topics’ such as sustainability and green finance are growing in demand. These subjects used to be integrated into traditional core courses, but now we are developing entire programmes around them. We have seen this trend in Executive Education specifically, and have reacted very quickly by offering courses such as Financing Renewable Energy, Certified Expert in Sustainable Finance, and Certified Expert in Climate & Renewable Finance. The Erasmus+ Programme is also encouraging students to find a ‘green’ approach to their exchanges. One of the ways is to choose greener accommodation options. At Frankfurt School, we are committed to providing those options, and are working closely with our partners in the building of our new student accommodations to ensure they are up to the latest standards in sustainable living.

mindset of our participants. We cover the theories that are essential to leadership. The structure of our programmes is also intentional. We have built in ‘surprise’ elements where students are required to pivot, think on their feet, make quick decisions and then carry them out sustainably. Business leaders can usually predict pretty well what tomorrow is going to look like, but there are things we cannot predict. Covid-19 is an example of this. But there was always a theoretical possibility of a global pandemic, just as there is a theoretical possibility of a nuclear war, or alien invasion – all things that are very difficult to plan for. I think our future business leaders of tomorrow need confidence in their ability to predict what’s going to happen under normal consequences. Sustainability and climate change are huge influencers on how we will live and work. What does sustainability mean to you as a Business School leader? The original intent of Business Schools,

as stated by the Ford and Carnegie Foundation Studies of 1959, was to

‘professionalise management’ – meaning ‘to create responsible professionals’. In 2021, responsible has a new meaning. This meaning is derived from the UN’s 17 Sustainable Development Goals, but we have adapted it to our institutional vision. In line with our commitment to the highest scientific and academic standards, the approach to sustainability at Frankfurt School is led by hard science which is skills-based, interdisciplinary, integrative and authentic.

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