New action plan for business schools focuses on research to benefit society


AACSB International

(the Association to Advance Collegiate Schools of Business, or AACSB) has released, “Research That Matters: An Action Plan for Creating Business School Research That Positively Impacts Society“. Sponsored by SAGE Publishing, the thought paper includes three common components of impactful research and a five-part plan that business schools can use to produce research that leads to a positive societal impact.

The thought paper includes:

  • An examination of the increasing importance of societal impact as a research priority across business and management and AACSB’s role in guiding societal impact in research.
  • The three common components of research that creates societal impact: research that is cross-disciplinary, at the intersection of academia and practice, and that creates real change useful to stakeholders.
  • A five-step roadmap business schools can use to develop and refine plans that cultivate research with positive societal impact.

“We’re proud to have worked with AACSB on this thought paper, which mirrors SAGE Business & Management’s own mission-driven approach in developing a wide range of resources that empower students and researchers to affect positive change in society,” says Kristi Ward, Senior Director for SAGE Library Editorial. “Our team is committed to responding to the evolving needs of the business school and working with scholars across the discipline to facilitate how research and its outputs can lead to real-world innovation.”

AACSB’s 2020 business accreditation standards require business schools to demonstrate their positive impact on society. This thought paper continues AACSB’s role in driving business schools to place societal impact at the center of their missions and activities.

“AACSB is thrilled to collaborate with SAGE Publishing on creating such an insightful and thought-provoking paper,” said Caryn Beck-Dudley, President and CEO of AACSB International. “Creating thought leadership like this demonstrates how business education continues to lead by example and illustrates the many ways business can make a positive impact on society.”

SAGE and AACSB are holding a joint webinar, “Enriching the B-School Classroom by Partnering with Socially Innovative Enterprises,” on October 13 (9AM PT / 12PM ET). The session will focus on the growing importance of social enterprises of all sizes—from certified B Corps to socially responsible investing and more—and how educators can build connections with these companies to enrich the business curriculum for their students.

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