AACSB - A world of good business

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Report of the AACSB International Peace Through Commerce Task Force . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

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A world of good business

Transcript of AACSB - A world of good business

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Report of the AACSB International

Peace Through Commerce Task Force

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A World of Good

Report of the AACSB International

Peace Through Commerce Task Force

AACSB International – The Association to Advance Collegiate Schools of Business

777 South Harbour Island BoulevardSuite 750Tampa, Florida 33602-5730 USATel: +1-813-769-6500Fax: +1-813-769-6559www.aacsb.edu

© 2006 AACSB International

Business, Business Schools, and Peace

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ChairCarolyn Y. WooDean, Mendoza College of BusinessUniversity of Notre Dame

MembersRichard A. CosierDean and Leeds Professor of ManagementPurdue University

Manuel EscuderoHead, Global Compact NetworksUN Global Compact Office

John J. FernandesPresident and Chief Executive OfficerAACSB International

Timothy FortThe Linder Gambal Professor of Business EthicsSchool of BusinessThe George Washington University

Andrea GasparriManaging DirectorSchool of ManagementSDA Bocconi

Anne GrahamExecutive Vice President and Chief Operating OfficerAACSB International

Fenwick HussDean, J. Mack Robinson College of BusinessGeorgia State University

Rita A. JordanColonel, USAF, Department Head and ProfessorU.S. Air Force Academy

Robert S. KaramPresident, Holy Spirit University Foundation

Georg KellExecutive Head of the Global Compact OfficeThe Global Compact Office, United Nations

Joseph E. McCann, IIIDean, John H. Sykes College of BusinessThe University of Tampa

Neal P. MeroVice President and Chief Advocacy OfficerAACSB International

Mark David MillironVice President, Education PracticeSAS Institute Inc.

Sung Joo ParkDean, Graduate School of Management, KoreaAdvanced Institute of Science and Technology KAIST

Niranjan PatiDean and Professor, School of Business, IndianaUniversity Kokomo

The Peace Through Commerce Task Force

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In March 2005, I was in Banda Aceh, Indonesia to survey the rebuilding of communities devas-tated by the tsunami. Amidst the devastation, somehow the spirit of life asserted itself; and wefocused on new opportunities and new beginnings. Inevitably weaving through all plans were

business issues such as how micro-loans could be made more accessible, at market rather than usuryrates; how distribution channels for the fishermen’s catch could be expanded; what types of boatswould be suitable given the changes in the ecology of the coastline, and how these would be financed;and how new homes could spawn cottage industries in brick-making, carpentry, and glass-making.

There was also recognition that, despite all of the heartbreaking destruction, a golden opportunityexisted to establish civil society whereby citizens would have a greater voice over decisions and gover-nance. Before the tsunami, Banda Aceh was a stronghold of insurgents and a trouble spot for theIndonesian government. Yet, with the focus on re-building and birthing new livelihoods, conflicts and tensions abated.

The biggest issue facing our world today is extremism within and among religions and regions of theworld. Conflicts and intolerance dominate common ground and mutuality in public discourses. Thefocus seems to be on irreconcilable differences. As we have seen, extreme positions impel extremeactions. Peace is a fragile accord.

This is the time for a different type of dialogue and a different type of focus that has the power toseek understanding and collaboration. It is the type of conversation that AACSB has the capacity and,indeed, the mission to convene. Business has always been the platform on which countries try toresolve issues so that they can trade and engage in ways to benefit themselves. Countries have learnedto go beyond language, cultural, and political differences to do business. Business provides thestrongest incentives to focus on “what can be” rather than “what cannot be.” A world of goods and aworld of good: the difference that results when business is conducted with integrity, vision, accounta-bility, and stewardship.

The mission of AACSB International is to “advance quality education worldwide through accredita-tion and thought leadership.” We are called to think thoughts that matter, thoughts with impact,thoughts that challenge our students, our colleges and business to reach full potential. If our thoughtsdo not recognize how business fosters peaceful societies, then we would have walked by the mostpressing problem of the next generation and the good which is ours to contribute.

Preface

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AACSB International membership comprises business schools in all regions of the world and from all ethnic and religious backgrounds. Our meetings offer valuable forums for exchange of ideas andconstructive conspiracies to shape dreams and the young people who believe in them. Our member-ship has continued to demonstrate an incredible capacity for accommodating diverse cultures, values,and practices and letting these differences teach us to be better educators as we globalize.

In this spirit, as I moved out of my AACSB International officer positions in 2005, I asked for theindulgence of AACSB leadership, John Fernandes, Anne Graham, and fellow board members to thinkthese thoughts—that business is crucial to peace and that AACSB is crucial to making this messageknown. I am deeply grateful for their indulgence and for the enthusiasm and inspiration of the PeaceThrough Commerce task force members who were appointed: Andrea Gasparri, Fenwick Huss, Georg Kell, Niranjan Pati, Richard A. Cosier, Rita A. Jordan, Sung Joo Park, Timothy Fort, Mark David Milliron, Joseph E. McCann, III, Robert S. Karam, Manuel Escudero; and staff members Dan LeClair and Neal P. Mero.

Together, they have helped me believe that we, educators and leaders of business education, are notstanding by, pontificating and wringing our hands; that we recognize what is at stake and what westand to offer. A recent United Nations report* on the future warned that “…it has become increas-ingly clear that humanity has the resources to address its global challenges; what is less clear is howmuch wisdom, good will, and intelligence will be focused on these challenges.” We are stepping inwith the goodwill, intelligence, and wisdom that are ours to contribute in service to our students andthe profession we shape.

Carolyn Y. Woo, ChairThe Peace Through Commerce Task Force of AACSB International

*2004 State of the Future, Millenium Project, American Council for the United Nations University

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Bringing peace to the planet has never been the purpose of business or business schools. At the same time, thoughtful leaders in both arenas have long acknowledged that, as both entities go about achieving their

objectives, they also have the potential to be positive, powerful forces for good around the globe. In a time and a world of devastating violence andstrife, it is not surprising that interest in the concept of peace through commerce has escalated.

While discussions about the codependency between business and society may not appear on mostboardroom agendas, the connections are being made in some quarters. The issues are not about phi-lanthropy—where the generosity of business has often been extraordinary—or about making “thebusiness case” for corporate social responsibility (CSR). The fundamental points seem to be thatalmost everyone engaged in commerce prefers a peaceful environment in which to conduct their busi-ness, and that business has the power and the responsibility to give back to the societies that enabletheir success.

As in the corporate world, business schools are driven by achievement of their missions; and while notwo missions are the same, they generally point to producing competent managers who understandbusiness and how to turn a profit. These goals are right on target, of course; but management education should also offer students opportunities to explore the underlying philosophical, nonfinan-cial aspects of business. By integrating these concepts into the educational experiences of students,schools can produce more globally conscious leaders and heighten understanding—and even prospectsfor peace.

Since there is obviously more than a tenuous connection between business, business schools, andpeace, the topic is of particular interest to members of AACSB International. As the global leader inmanagement education, AACSB has made a commitment to articulating aspects of this equation andto enabling and encouraging business schools to find the intersection where their mission and peaceefforts coincide.

Business, Business Schools, and Peace

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In the course of doing what it does best,which is to build and maintain thriving enter-prises, business also has the potential to

encourage economic stability around the world.It can transcend governments, religions, andother institutions in fostering international co-operation, trust, and tolerance. When people andorganizations engage in business, they usuallyfind ways to “make things work,” regardless ofpersonal and cultural differences. The possibilitiesof profitability can inspire collaboration betweenstrangers, and sometimes even between thosewho might have regarded each other as enemies.Once people work together and learn that peopleare essentially the same, regardless of their back-grounds, making war is likely to become far lessattractive than making money.

The mediating effects of commerce have beentouted by Montesquieu, Adam Smith, and others,who argue that trade and the spirit of capitalismbreak down cultural and social monotheism,counter the violent passions of war and abusivepolitical power, and destroy fanaticism and intol-erance. “Commerce cures destructive prejudices,”

Montesquieu declared. “It polishes and softensbarbarous mores. The natural effect of commerceis to lead to peace.” 1

These themes are regularly affirmed by twentiethcentury thinkers and leaders with a world view.Development economist Albert Hirschman main-tains that “Business people are the ultimate inpracticality. They are by nature compromisers and tolerant of other viewpoints. They will wheeland deal to sell and produce a product.” 2 Thewritings of the extraordinary scholar and NobelistFriedrich August Hayek, who was a great cham-pion of free markets, are suffused with the “tradepromotes peace” theme.

Business leaders in diverse industries agree.Richard J. Roberts of New England Biolabs, whowon the 1993 Nobel Prize for Physiology orMedicine, speaks about science, commerce, andpeace in a straightforward way. “I will arguestrongly that commerce is a good thing. It tendsto promote peace, not war…. By practicing sci-ence and staying aware of commercial possibili-ties, I believe that the cause of peace can be

BUSINESS: A Noble Role in Society

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promoted. Ultimately, if we are all citizens of aworld in which the logic and reason of scienceprevails and there is sufficient commerce to insureprosperity, the chances of that world being peace-ful are greatly increased.” 3

Lord John Browne, group chief executive ofLondon-based BP, recently said that when he speaks to students, the message he alwayswants to convey is “how important business is to society, how businesses do good, and howbusiness leaders are good, on balance.” While heconcedes that people don’t always “instinctivelytrust executives or business,” he asks them toremember that “business has a very noble role in society.” He added, “Business, because it’s agreat integrator, can solve some of the majorproblems of the world. The noble purpose ofbusiness is to participate in and often lead tosolutions to some of the world’s deepest problems.” 4

Judith Samuelson of the Aspen Institute echoedBrowne’s comments in a Conference Board presentation. She said, “The fact is that it is ultimately business—big, audacious, profit-hun-gry, globe trotting business that will unlock thesolutions to our most complex problems as asociety. It won’t happen alone—it will happen inpartnership with government, or at the proddingof the third sector, which functions as advocates,watchdogs, and increasingly as partners. Butmore frequently, I expect the change will be business-led because it is business that has the

resources, the talent, the problem-solving skill,the distribution systems, and increasingly, themotivation to act ….” 5

Unfortunately, business is not always noble.Corporations that exploit or abuse cultures createresentment and violence and often fuel and support corruption in governments. Only ethicalcompanies that are constructively engaged in thecommunities where they work advance quality oflife, true economic development, and peace.

Business can also spur other worrisome situationsand questions. In the U.S., for example, manyobservers worry about the growth of the mam-moth military/industrial complex. Some cynicssay that as long as the profits of war, such as thecurrent conflict in the Middle East, remain in the 25% range, war will continue. The good newsis that civilian products and services, which repre-sent 96% of the international business community,have a vested interest in stability and peace.6

Not even the staunchest advocates of peacethrough commerce suggest that business shouldbe asked to mitigate its essential focus, because itwould otherwise lose its power for good; butwhat would be appropriate is to have businessrecognize and fulfill its societal roles and respon-sibilities, not only to be good global citizens, butalso because it is in their best interests. Businessschools can help by providing educational experi-ences that the next generation of leaders will inte-grate into their own management awareness andphilosophies.

Business schools can help by providing educational experiences that the next generation of leaders will integrate into their own

management awareness and philosophies.

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Interest in the peace through commerce concept appears to be significant within theglobal business school community. The idea

that, as schools focus on their unique missions,they may have some role to play in peace isintriguing to many. Nonetheless, few schoolshave systematically and consistently integratedthis topic into their curricula. AACSB accredita-tion, widely regarded as the world’s “gold standard” for business schools, does requireaccredited schools to show how ethics is beingtaught, however; and peace-related topics oftenbecome an extension of that coverage.

A recent AACSB survey of member schools disclosed a broad range of current activities thatdeans felt carried a “peace dimension.” Responsesdescribed a core of centralized, formal initiativeson some campuses, plus collective and individualefforts by deans, other administrators, faculty,and students at schools around the world.Corporations, NGOs, IGOs, and other organiza-tions have sometimes been directly and indirectlyinvolved in these efforts.

Administrative Leadership

Examples of wide-ranging initiatives emanatingfrom the dean’s office or from the universityadministrative structure were reported in theAACSB survey, from the establishment of centersthat focus on the role of business in society toprojects where teams of business school facultyand students help to rebuild communities rav-aged by war. Schools hold conferences andforums that draw the business school community,representatives from corporations, NGOs, IGOs,and others for discussions, strategizing, and net-working about peace-related issues. They offerscholarships for students from other countries asone element in efforts to encourage diversity andexposure to global perspectives. They stage busi-ness school competitions that emphasize social

responsibility. They form partnerships amongschools from many different regions of the worldand assist in the establishment of business schools in countries where none exist—all with the idea that both tangible results, suchas a new business school in a developing country,and the processes that engage people across geographic and cultural boundaries, can be peace drivers.

The Center for Business as an Agent of WorldBenefit at the Weatherhead School ofManagement at Case Western Reserve Universityin Cleveland, Ohio, is an example of an ambitiousnew initiative that focuses on the constructiverole of business in society. According to its lead-ership, the “School within the School” willstrengthen research and curriculum in ways thatwill expose future business leaders to sustainabil-ity and social responsibility concepts and “openlines of thinking about ways business leaders canaffect peacemaking in the world.”

One of the Center’s first projects was to developWorld Inquiry, a Web-based, worldwide searchfor stories of businesses that seek to make a profitand improve the world. The best of these storieshave already become the basis for the creation ofbusiness cases; placement of digital video storieson the Web; generation of material for media stories; and development of full-length documen-taries and mini-documentaries that can be used inclassroom instruction.

Several of the World Inquiry stories describe situ-ations where business and business people haveserved as agents of peace. One memorableaccount tells about the creation of a micro-enter-prise venture in Rwanda to bring Hutu and Tutsiwomen together in businesses. Another focuseson Peaceworks, a U.S. specialty food companythat requires all of its products to contain ingre-dients from both sides of the Israeli/Palestinian

BUSINESS SCHOOLS: Global Outreach

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divide. Center leaders plan to “use new and traditional media to accelerate the movement of the business sector toward a tipping point inbusiness leadership, which will benefit humanityand the world.”

Another important initiative for peace,“Thunderbird for Good,” has been launched atThunderbird’s Garvin School of InternationalManagement. “Thunderbird for Good” supportsmanagement education in areas of the worldwhere economic or political conditions make itdifficult to start or grow a business. The projectgrew out of the success of Project Artemis, whichbrought 15 women from Afghanistan to theThunderbird campus to attend classes on entre-preneurship, communications, networking, andpresentation skills. Thunderbird for Good ischanneling faculty, staff, student, and alumni volunteers, as well as funds from external organi-zations and private donors, into the program.School leadership sees the program as a way totackle some of the world’s most important issuesthrough management education.7

Many deans, like Ned Hill of Brigham YoungUniversity and Joe McCann of the University ofTampa, are personally involved in projects with apeace dimension. Hill is co-chair of the Councilof Educational Institutions for the MicrocreditSummit Campaign, a worldwide umbrella organi-zation seeking to lift the world’s poorest familiesout of poverty through microenterprise. He isconvinced that “helping families to provide eco-nomically for themselves is one of the best waysto improve their lives and the possibilities forpeace in their communities and the world.”

The Initiative for Global Development, a U.S.-based organization with which Joe McCann isaffiliated, is engaged in a similar endeavor. IGD’salliance of business and civic leaders is committedto the premise that eliminating extreme globalpoverty may help to create a more peaceful worldand enhance opportunities for trade.

The leadership of deans and other administratorsis helping to establish the proposition that businessneeds peace to thrive and thriving businesses pro-mote peace. An encouraging number of facultyand students are following suit.

Faculty Involvement

Since most business schools don’t mandate integration of peace-related topics and activitiesinto the curriculum, faculty who embrace theconcept adopt diverse approaches in workingwith students. In many instances, a common goalis simply to ensure that students not only learnthe requisite technical and professional skills butare also given opportunities to consider the societal responsibilities of management within the context of their field.

Many faculty members have heightened theirown “global peace consciousness” through participation in faculty exchange programs, work with student groups as they travel andtackle assignments in other countries, and special “goodwill” undertakings, such as helpingto organize a leaf-raking operation that raisedmoney for the drought-stricken Republic ofNiger or helping Haitian villagers to set up a bakery.

At many schools, faculty members and their classrooms have also been impacted by students’orientation toward peace-related topics. Facultyregularly work with student teams that createsmall enterprises and/or participate in competi-tions and consultancies, and student prioritieshelp to ensure that many of these kinds of proj-ects take on social/peace aspects.

A few business school programs do place emphasison corporate social responsibility and sustainableenterprise—and peace often becomes an integralelement. A significant number of faculty regardthese societal issues as driving forces for businessin the next decades. They teach individual courses

The leadership of deans and other administrators is helping toestablish the proposition that business needs peace to thrive

and thriving businesses promote peace.

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on these topics, and they engage students in projects such as researching and interning withsocially responsible companies.

Other faculty members adopt more unconven-tional instructional approaches. For example, pro-fessors at the Rotterdam School of Managementat Erasmus University in The Netherlandsencourage students to develop their own sets ofbeliefs about the purposes of business throughjournaling and other methods of self-discovery.“Native speakers” who can discuss first-hand theimpact transnational corporations have had ontheir communities are invited to visit businessschool classes and talk with students.

John L. Graham, a professor of internationalbusiness at the Paul Merage School of Business,University of California in Irvine (UCI), and also the director of the Center for CitizenPeacebuilding, is among the vanguards of facultyengaged in peace initiatives. His UCI teams,working with the University of Ulster, havefocused on rebuilding communities that havebeen decimated by war, particularly in NorthernIreland. Teams of students develop business plansfor Irish commercial businesses and social enter-prises. Graham believes that any business schoolcan promote peace in any region and that suchprograms teach students business ethics “in themost dramatic way possible.” He maintains that ifthe students do a good job, then enterprises inthe war-torn communities will survive and thrive;and students will learn not only about interna-tional business, but also about ethical enterprise.8

Faculty are also increasingly involved in researchand writing about peace/business topics.Although a significant portion of this work is anextension of other core topics, some of it isdirectly targeted toward the peace/business link.Teaching Peace, a cross-disciplinary anthologypublished by Bluffton University in Ohio, is oneof several peace-related projects at the school.

At the George Washington University School ofBusiness in Washington, DC, Timothy Fort, theLindner-Gambal Professor of Business Ethics, isamong those who have published extensively inthis area. His work includes a recent book, 21stCentury Corporate Responsibility: Peace ThroughCommerce Via Total Integrity Management. In hisprevious tenure at the University of Michigan,Fort collaborated with colleague Cindy Schipanion several peace-related publications and activi-ties, including three conferences.

Not all professors are eager to expand their teaching styles and content to include more thanthe narrow core of disciplinary content. Thegood news is that many are already doing so andthat a host of emerging forces and support systemsmay help to ensure more.

Student Engagement

Business school students are likely to be amongthe world’s most globalized citizens. It hasbecome almost standard practice for students tospend time in other countries as part of theircoursework. Work experiences may be with multi-national corporations or with smaller businesses,and in environments that include collaborationwith NGOs and IGOs. In most instances, stu-dents are encouraged to learn as much as possibleabout the cultures of the countries they visit.They often attend classes in counterpart businessschools, frequently working in teams composedof individuals from different backgrounds. Suchexperiences give students a richer and more com-plete understanding of global business as well asopportunities to know and work with people indifferent cultures.

Student interest in the peace through commerceconcept is evidenced in several ways. While manyof their activities are generated by the schools andtheir teachers, students sometimes seize the initia-tive themselves. Three students who won the

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Stanford Social Venture Business Competitiondeveloped a business plan with an ultimate goalof ending violence between Israelis andPalestinians. The three students were unlikelyallies: an American Jew from Beverly Hills,California; an Israeli-American whose aunt waskilled in a terrorist attack in Israel; and aPalestinian who spent time in an Israeli prisonand lost a cousin in an Israeli attack.

The students developed Jazoor Microfinance toprovide business training and microloans toyoung Palestinians to help them start their ownbusinesses—and, to make them less likely to joinextremist groups. Jazoor, which means “roots” in Arabic, won first prize and $7,500 in theStanford Challenge and was a finalist in aGoldman Sachs competition. To illustrate thespirit behind Jazoor, the partners sometimesquote Margaret Mead: “Never doubt that a smallgroup of thoughtful, committed citizens canchange the world; indeed, it’s the only that thingthat ever has.” 9

Students at the Charlton College of Business atthe University of Massachusetts-Dartmouth havebecome involved with small businesses developedby others, mostly in underdeveloped areas.Working through the school’s InternationalBusiness Association and under the tutelage offaculty members in several disciplines, studentsnot only learn and practice firsthand the funda-mental constructs of business, but they also seethe impact of their efforts on communities. Anextensive project involved Fairloom, a charitableenterprise of Brazilian women engaged in lace-making. Students in marketing and informationsystems classes made Fairloom the heart of theirprojects-based courses. They developed businessplans, taught business principles, built a produc-tion studio, helped raise funds, created marketingconcepts, upgraded Fairloom’s Web site, and

developed e-commerce capabilities. Many stu-dents report that such experiences offer profoundand lasting lessons.

At the Mendoza College of the University ofNotre Dame, a team of students developed yetanother kind of peace-related project, a “Youth inPeace Education” Web site. The site is based onthe concept that religious belief should be a pow-erful catalyst for peace rather than violence. Theteam seeks to promote understanding and inter-religious literacy through curriculum develop-ment and a network of scholars worldwide.

But while many students appear committed tothe concepts of social responsibility, not all makethe peace/commerce connection. Somewhatmixed perspectives are reflected in an informalsurvey conducted by two Wharton MBA candi-dates. The study, which polled more than 2,100MBA students in 50 U.S. graduate programs,indicated that 92% of respondents believed thatcorporate social responsibility is important.Eighty-four percent agreed that every companyshould engage in CSR practices; and 83% agreedthat if they received two job offers, they wouldchoose to work for the company with a betterCSR reputation, even if the salary were lower. Atthe same time, students indicated that individuals,rather than business, government, or nonprofitgroups, are most responsible for solving socialproblems, and that CSR remains a secondary fac-tor in most of their economic decision-making.10

Students’ passion for peace and doing the rightthings and the implications for a new generationof ethical corporate leadership are encouraging. It seems likely that if students are given moreopportunities to explore and reflect on the funda-mental purpose of business within the context oftheir educational experience, their “force forgood” may become even greater.

“Never doubt that a small group of thoughtful, committed citizenscan change the world; indeed, it’s the only thing that ever has.”

Margaret Mead

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In advancing knowledge of the peace/com-merce nexus among business schools, AACSBInternational, as the global leader in manage-

ment education, can leverage its strengths in sev-eral areas. The specific recommendations of thePeace Through Commerce Task Force focus onfive key areas:

1. Scholarship – Encouraging scholarship andresearch that examines the link between busi-ness and peace and the roles, contributions,and potential impact of business schools in this area.

2. Collaborative Efforts – Building relationshipswith other organizations that are alreadyengaged in strengthening the Peace concept.

3. Utilization of AACSB’s Structures –Leveraging educational programs, communica-tions channels, and other resources to bringtogether those with a shared interest in thistopic.

4. Curriculum – Encouraging business schoolsto integrate peace concepts into the curriculumby providing platforms that facilitate exchangesof ideas and demonstrate best practices.

5. Private Sector – Creating specific strategiesfor ensuring connections and communicationbetween the business community and businessschools around the Peace topic.

Implementing these recommendations will sup-port and enhance efforts to consider and inte-grate peace concepts into business schoolagendas. AACSB membership, which includesleading business schools in regions of the devel-oped world, is marked by a spirit of respect andmutuality. Schools are united in a common effortto advance management education around theworld. Administrators, faculty, and students fromevery global post find ways to overcome differ-ences to achieve common goals. If those samemindsets and strengths can somehow be trans-ferred to the pursuit of peace, the result could bea world of good.

Leading and Supporting Common Goals

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Footnotes

1 Charles Montesquieu, The Spirit of the Laws (Cambridge: Cambridge University Press, 1989{1748}), p. 338.

2 Albert O. Hirschman, The Passions and the Interests, 2nd ed. (Princeton: Princeton University Press,1997), p. 72.

3 Richard J. Roberts, “Spreading Peace Through Science and Commerce in Developing Countries,”address to the International Peace Foundation, Bangkok, February 5–12, 2004.

4 Sharon Shinn, “Oil and Water,” BizEd, November/December 2005, p. 18–22.

5 Judith Samuelson, “Leadership and Values: Moving Beyond the Ethics Debate,” address to theCorporate Contributions of the Conference Board, September 22, 2003.

6 Jane Nelson, The Business of Peace, (The Prince of Wales Business Leaders Forum, 2000), p. 5.

7 “School Takes Role as Global Citizen Seriously,” Thunderbird Alumni Magazine, Fall 2005, p. 10.

8 Sharon Shinn, “The Dimensions of Peace,” BizEd, May/June 2006, p. 24–31.

9 Tricia Bisoux, “A World of Good,” BizEd, November/December 2004, p. 44–45.

10 Lars Herne and Aniko Szigetvari, Wharton MBA candidates, informal study, Spring 1997.

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Chair

Arthur KraftDean, College of Commerce and The Charles H. Kellstadt Graduate School of BusinessDePaul University

Members

Richard A. CosierDean and Leeds Professor of ManagementPurdue University

Robert B. DuncanThe Eli and Edyth L. Broad DeanThe Eli Broad College of BusinessThe Eli Broad Graduate School of ManagementMichigan State University

Fred J. EvansDean, College of Business and EconomicsCalifornia State University, Northridge

John FernandesPresident and Chief Executive OfficerAACSB International

Andrea GasparriManaging Director, School of ManagementSDA Bocconi

Yash P. GuptaDean, Marshall School of BusinessUniversity of Southern California

Daniel R. LeClairVice President and Chief Knowledge OfficerAACSB International

Amelia MaurizioDirector, Education Alliances, Global CommunicationsSAP America, Inc.

Sung Joo ParkDean, KAIST Graduate School of ManagementKorea Advanced Institute of Science and Technology

Andrew J. PolicanoDean, Graduate School of ManagementUniversity of California-Irvine

David SaundersDean, Queen’s School of BusinessQueen’s University

Sharon J. SmoskiAssistant Vice President, Management Planning and InformationState Farm Insurance Companies

Richard E. SorensenDean, Pamplin College of BusinessVirginia Polytechnic Institute and State University

Barry SpicerDean, Business SchoolThe University of Auckland

Doyle Z. WilliamsDean, Sam M. Walton College of BusinessUniversity of Arkansas

AACSB International Committee on Issues in Management Education

For more information on the Peace Through Commerce initiative, visit the AACSB Web site at www.aacsb.edu.

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About AACSB International

AACSB International – The Association to Advance Collegiate Schools of Business is a not-for-profitcorporation of educational institutions, corporations, and other organizations devoted to the promo-tion and improvement of higher education in business administration and management.

Founded in 1916, AACSB International established the first set of accreditation standards for businessschools in 1919. Through nearly eight decades, it has been the world leader in establishing and maintaining business school accreditation standards.

In addition to accrediting business schools worldwide, AACSB International is the business educationcommunity’s professional development organization. Each year, the association conducts a wide arrayof conference and seminar programs for faculty and administrators at various locations around theworld. The organization also engages in research and survey projects on topics specific to the field ofmanagement education, as well as maintaining relationships with disciplinary associations and othergroups, interacting with the corporate community on a variety of projects and initiatives, and producesa variety of publications and special reports on trends and issues within management education.

AACSB International Mission

AACSB International advances quality management education worldwidethrough accreditation and thought leadership.

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777 South Harbour Island BoulevardSuite 750Tampa, Florida 33602-5730 USAwww.aacsb.edu