The UN Sustainable Development Goals realized through responsible management education are meant to strengthen PRME’s network and align with UN priorities.
For the complete report, see the PRME Strategic Review 2016.
Along with their 9th year of existence, the PRME initiative has recently outlined recommendations for the future of PRME initiative’s strategic direction. With the goal of bringing the PRME initiative to the next level, the recommendations primarily address strategic focus areas and operational issues. The three “Must-Win Battles” include:
- Clarifying the brand, vision and mission of PRME
- Optimizing the Global Organization – Strengthening the demand side of responsible management education and aligning PRME’S networks with new priorities
- Creating balanced growth
The Sustainable Development Goals (SDGs) recently launched by PRME are set to enable dialogue between the PRME initiative, the UN, the UN Global Compact, students and stakeholders. To successfully achieve the SDGs, there are clear roles for the PRME community which must continually be highlighted through PRME’s communication and work-stream:
- Through education, which develops globally responsible citizens, managers and leaders with the necessary capabilities and strong commitment to sustainability
- Through research which enables policy makers and (business) organizations to serve UN goals, in particular the SDGs
- Through contributing to public debate – engaging in the transformation of business and society
As a result of the 2016 Strategic Review, PRME has outlined eight targets.
- Address PRME’s image, with PRME Secretariat to update PRME logo, vision and mission during Q2 2016.
- Focus on the alignment of PRME and the SDGs. In 2016, all PRME work-streams will be aligned to support achieving the SDGs.
- Leverage business/global compact business participants. In order to strengthen the demand-side for responsible management education, all PRME work-streams will secure collaboration with respective UN Global Compact platforms and PRME work-streams (BoT Goal 5-4) and develop measurable targets for collaboration between PRME signatories/work-streams and businesses (UN Global Compact participants).
- Regional PRME Chapters will:
- Ensure that LEAD companies participate or are featured in at least 5 PRME Regional Meetings (BoT Goal 6-3)
- Make certain that 2/3 of PRME Regional Chapters collaborate with respective Local Networks (BoT Goal 7-3)
- Develop and feature the “SDG Action Plan/Bottom Up Approach” along with Global Compact Local Networks
- Receive support by the PRME Secretariat to establish regional PRME Chapters in Asia (including India and China) and Africa during the next 2-3 year
- Receive a Guide for PRME Chapters and Meetings developed by the PRME Secretariat in consultation with Chapter/Regional Meeting representatives, including impact evaluation criteria (BoT Goal 3-3)
- PRME Champions will:
- Contribute to the LEAD project on Functional Features (i.e. with insights on integrated sustainability in core business functions)
- Successfully engage 1000 PRME students and faculty from 25 PRME Champions in LEAD projects and events
- Accept applicants to the 2016 GRLI Innovation Cohort to participate in the two-year formal phase of PRME Champions hosted by the PRME Secretariat and co-facilitated by the PRME Secretariat and GRLI
- Actively engage 15 LEAD companies in a workshop with PRME Champions Networks in the Local SDG Pioneers campaign
- Develop an incubator of innovative solutions on SDGs challenges through an online platform engaging business, students and faculty and in collaboration with at least 8 Global Compact LEAD companies
- Define innovation challenges that PRME students, social entrepreneurs and other innovators can help face in 2016 (BoT Goal 11-5)
- Regional PRME Chapters will:
- Tackle the student perspective. All PRME work-streams will include a student perspective and develop measurable targets for collaboration between PRME signatories/work-streams and business school student groups.
- Leverage the role of the PRME steering committee (PRME SC). Each PRME SC member will highlight PRME as a learning community and framework for continuous improvement on their website and other communication materials and PRME SC members will continue to explore how to further include RME and sustainability into the requirements for accreditation and other service offerings.
Throughout the research, PRME noted feedback and the PRME Secretariat proposed targets six and seven that are tactics in order to increase the participant base and balance the need for quality and quantity.
- Address the overall quantitative aspects. The PRME initiative will:
- Reach signatories in 100 countries by 2020
- Reach 1,000 signatories worldwide by 2020
- Establish how many students worldwide are exposed to PRME-relevant courses and research
- Focus on the qualitative aspects. Two out of three PRME signatories are ‘active’ (new or reporting institution) (BoT Goal 3-4). Launch a pilot project to encourage PRME signatories to apply PRME Transformational Model and to report on progress in Sharing Information on Progress (SIP) report. Each established PRME Chapter will pilot project on how to measure impact of PRME-relevant courses and research on students. The PRME Secretariat and relevant PRME stakeholders will develop an approach to engage top-level business schools.
- The proposed resources will be published on the PRME website and widely communicated during Q2 and Q3 2016.