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Open AccessCommentary

A Positive Impact Rating for Business Schools: Case Study

by 1,2,* and 1,3
1
The Institute for Business Sustainability, 6005 Lucerne, Switzerland
2
Institute for Economy and the Environment, University of St. Gallen, 9000 St. Gallen, Switzerland
3
LUISS Business School, LUISS Guido Carli University, 00162 Rome, Italy
*
Author to whom correspondence should be addressed.
Sustainability 2020, 12(22), 9551; https://doi.org/10.3390/su12229551
Received: 28 September 2020 / Revised: 29 October 2020 / Accepted: 9 November 2020 / Published: 17 November 2020
(This article belongs to the Special Issue Strategic Management for Sustainability: Imperatives and Paradoxes)
Business school rankings have been criticized, to blindly “follow the money” with their strong focus on salaries and economic performance, thereby reflecting the values and expectations of the times the rankings were created. Rankings are increasingly seen as out of touch with changing demands on business and business schools to address issues of social impact and sustainability. The newly created Positive Impact Rating for Business Schools (PIR) provides an answer to these demands. This paper presents a case study on the new PIR. It first provides an overview of the critique of current business school rankings. It highlights emerging trends towards including social impact and sustainability in the business school landscape, with a focus on the UN Sustainable Development Goals, research initiatives, accreditations, and rankings. It then presents and discusses in detail the new PIR launched in January 2020 at the WEF in Davos and its initial reception. This new “by students and for students” rating reaches out to students to assess their own business schools on how they perceive them in creating a positive impact on and for the world. View Full-Text
Keywords: business school ranking; business school accreditation; sustainability; social impact; UN sustainable development goals; purpose orientation; student organizations business school ranking; business school accreditation; sustainability; social impact; UN sustainable development goals; purpose orientation; student organizations
MDPI and ACS Style

Dyllick, T.; Muff, K. A Positive Impact Rating for Business Schools: Case Study. Sustainability 2020, 12, 9551.

AMA Style

Dyllick T, Muff K. A Positive Impact Rating for Business Schools: Case Study. Sustainability. 2020; 12(22):9551.

Chicago/Turabian Style

Dyllick, Thomas; Muff, Katrin. 2020. "A Positive Impact Rating for Business Schools: Case Study" Sustainability 12, no. 22: 9551.

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Note that from the first issue of 2016, MDPI journals use article numbers instead of page numbers. See further details here.

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