Principles for Responsible Management Education (PRME)

05 May 2021

The PRME Office – A Task Force to Shape our Sustainability Strategy

The vision of PRME is clear: transform business and management education, research and leadership globally, while promoting awareness about the Sustainable Development Goals, and developing the responsible business leaders of tomorrow. TUM School of Management has been a PRME signatory since 2015. In April, we already introduced our latest PRME report here. Over the years, we realized that we needed to start assessing the impact and effectiveness of our measurements to implement greater sustainability in a more systematic and quantitative manner: Today we present to you our new PRME Office.

 

Responsible Management Education at TUM School of Management

PRME stands for Principles for Responsible Management Education – a platform bringing educational sustainability to over 800 business and management schools worldwide, including the TUM School of Management. Being part of the Technical University of Munich allows us to benefit from a multidisciplinary environment and to be part of a holistic strategy that serves as a roadmap for our sustainability journey. We are committed to shaping an ethical, responsible and sustainable education for the leaders of tomorrow and keep reporting our PRME-related activities with great pride.

A Clear Strategy to Boost Our Sustainable Impact

After qualitatively analyzing our PRME-related efforts for the past five years, the need for us to start collecting relevant data in more detail became increasingly evident in 2020. That is why, since the beginning of this year, we’ve been focusing on that with our newly established PRME Office: With an in-depth analysis of our teaching and research activities and by monitoring the dialog with both internal and external stakeholders, the PRME Office defines a clear strategy for boosting the sustainable impact of our institution. “Our goal is to educate our students to be sustainable leaders of tomorrow,” PRME Sustainability Assistant Esther Salvi explains. At the moment, the team is running two project studies with students who are collecting systematic information about sustainability in our teaching modules. “The aim is to develop a tool to analyze the sustainability of our modules both qualitatively and quantitatively,” Mrs. Salvi continues.

The PMRE-Office: (from left) Dr. Mattia Marchesini, Prof. Gunther Friedl, Dr. Christina Green, Prof. Frank-Martin Belz and Esther Salvi.

Led by our Dean and PRME Office Director, Prof. Dr. Gunther Friedl, the taskforce is composed of five additional team members – each filling a different position. “We work very closely with each other,” says Mrs. Salvi who supports the PRME Sustainability Manager Prof. Dr. Frank-Martin Belz during her doctoral studies at the Chair of Corporate Sustainability. While the PRME Office Director Prof. Dr. Friedl is the reference person regarding long-term strategic decisions related to the school’s sustainability, Prof. Dr. Frank-Martin Belz is responsible for the short- and medium-term strategy. As the holder of the Chair of Corporate Sustainability, Prof. Dr. Belz has been teaching and conducting international as well as interdisciplinary research on sustainability innovation and marketing at TUM for 18 years now.

“I coordinate the data collection and sustainability assessment of research and teaching at TUM School of Management,” the PRME Sustainability Assistant explains. Together, she and Prof. Dr. Belz write the PRME Report. Additionally, Dr. Christina Green is responsible for the PRME Quality Management. Assisted by Dr. Mattia Marchesini, Dr. Green takes care of the school’s AACSB re-accreditation and examines how the students rate sustainability, responsibility and ethics in teaching. All PRME communication matters are settled by Claudia Ferringo. According to Mrs. Salvi, the PRME Office is currently planning to expand: “We want to include more people who could contribute to enhance the value of our sustainable activities and strategy.”

For now, the six heads of our PRME Office shape our sustainability strategy with the aim of tackling the grand societal challenges and transmitting our core values and purpose to the sustainable leaders of tomorrow: our students. The complete report on our 2019 – 2020 activities is available here.

22 Apr 2021

Responsible Management Education – Making Sustainability a Priority

Today is Earth Day! Every year on April 22nd, over 175 countries contribute to increasing the global appreciation for nature and raising awareness for our consumer behavior. Earth Day is about taking responsibility and making sustainability a priority. Therefore, we could not think of a better day to introduce our ‘Principles for Responsible Management Education’ (PRME) report – the global movement transforming business and management education through research and leadership.

 

What does PRME mean?

Founded in 2007, the Principles for Responsible Management Education (PRME) is a platform which brings educational sustainability to schools around the world. The United Nations-supported initiative leads the vision to create a global movement and drive thought leadership on responsible management education to advance sustainable development.

To accomplish this, PRME has engaged over 800 business and management schools worldwide – TUM School of Management being one of them. PRME works through the Six Principles: Purpose, Values, Method, Research, Partnership and Dialog. The goal is to draw attention to the Sustainability Development Goals (SDGs), align academic institutions with the work of the UN Global Compact and ensure that signatories provide future leaders with the skills needed to balance economic as well as sustainability goals.

Sustainability at the TUM School of Management

At TUM School of Management, we are committed to delivering responsible management education based on high-level research. Over the last years, TUM has been integrating sustainability in all areas of teaching, research and procedures. Operating within a technical university grants us as a management school the opportunity to interlink different disciplines and contribute to TUM’s mission to create a holistic strategy to act as a roadmap for our sustainability journey. The goal is to exploit the full sustainability potential of TUM across all key action areas, ranging from research and teaching to entrepreneurship, campus and operations. TUM School of Management Dean Prof. Dr. Gunther Friedl explains: “Together with our colleagues we are able to contribute to solutions to the grand societal challenges, such as climate change, digitization, infrastructure, urbanization and food security. We believe that we can benefit society with our research and the education of individuals who will become tomorrow’s leaders.”

While we unite management and technology in our educational approach at the TUM School of Management, we have formed an internationally renowned entrepreneurship group with a space to gather ideas and put them into practice by creating new companies. Many alumni use this foundation and combine it with ideas for a more sustainable future. “Since we started reporting to PRME, we have been able to expand our commitment to working on the Sustainable Development Goals”, says Prof. Dr. Friedl. To broaden our interdisciplinary approach at the TUM School of Management and fulfill our promise, we have launched new research initiatives, such as the SEED Center, and created new specializations within our degree programs, such as Renewable Resources or Medicine.

“This report presents details of our commitment to society, responsible management education and outreach. We are proud of how much we have achieved so far. In the coming years, we will develop an overarching sustainability strategy and further deepen our commitment to the core values of the UN-PRME initiative”, concludes Dean Prof. Dr. Friedl.

Stay tuned as we will be introducing some of the report’s highlights on our channels in the upcoming weeks and dedicate more space to the topic of sustainability!

The complete report is available here.