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A Positive Impact Rating for Business Schools: Case Study

Author

Listed:
  • Thomas Dyllick

    (The Institute for Business Sustainability, 6005 Lucerne, Switzerland
    Institute for Economy and the Environment, University of St. Gallen, 9000 St. Gallen, Switzerland)

  • Katrin Muff

    (The Institute for Business Sustainability, 6005 Lucerne, Switzerland
    LUISS Business School, LUISS Guido Carli University, 00162 Rome, Italy)

Abstract

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.

Suggested Citation

  • Thomas Dyllick & Katrin Muff, 2020. "A Positive Impact Rating for Business Schools: Case Study," Sustainability, MDPI, vol. 12(22), pages 1-14, November.
    • Handle: RePEc:gam:jsusta:v:12:y:2020:i:22:p:9551-:d:446202
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    References listed on IDEAS

    as
    1. Katrin Muff & Thomas Dyllick & Mark Drewell & John North & Paul Shrivastava & Jonas Haertle, 2013. "Management Education For the World: A Vision for Business School Serving People and Planet," Post-Print hal-01514517, HAL.
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    Cited by:

    1. Kathleen Rodenburg & Taimoor Rizwan & Ruifeng Liu & Julia Christensen Hughes, 2021. "Enhancing the Positive Impact Rating: A New Business School Rating in Support of a Sustainable Future," Sustainability, MDPI, vol. 13(12), pages 1-26, June.
    2. Anicia Jaegler, 2022. "How to Measure Inclusion in Higher Education: An Inclusive Rating," Sustainability, MDPI, vol. 14(14), pages 1-11, July.
    3. Anupama Gupta & Arunima Haldar, 2023. "International Competitiveness of Business Schools: Enablers in Indian Context," International Journal of Global Business and Competitiveness, Springer, vol. 18(1), pages 1-10, June.
    4. Florian Findler, 2021. "Toward a sustainability assessment framework of research impacts: Contributions of a business school," Sustainable Development, John Wiley & Sons, Ltd., vol. 29(6), pages 1190-1203, November.

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