Master in Management students offered a concrete experience in responsible management
Master in Management students enrolled in the “Responsible Management” course given by Prof. Judith Schrempf-Stirling were offered the opportunity to work as “junior consultants” on real case studies with companies in the Geneva region, active in Switzerland and internationally. The project was conducted in collaboration with B Lab Switzerland, a non-profit organization serving a global movement of people using business as a force for good.
Working in groups, the students were tasked with assessing the environmental and social impact of a company using the B Impact Assessment tool – a free and confidential online tool private companies can use to assess their overall social and environmental performance – and producing a report with recommendations. The recommendations were then evaluated according to their ease of implementation, the investment required or their materiality, as well as their suitability in relation to the companies' market trends.
This concrete learning experience allowed students to become aware of the challenges involved in responsible management practices, as well as the opportunities for positive impact throughout the value chain of Swiss companies. It allowed them to gain insights into how actual companies approach these topics and try to be a force for good.
Closely aligned with GSEM’s values and mission, this project had the dual objective of training future changemakers and accompanying companies in their journey towards sustainability by identifying their potential for improvement (governance, employees, value chain, environment and positive impact business models). Following the success of this first collaboration, the initiators of the program are already exploring new avenues for a future edition.
Read the press release issued by B Lab here.March 2, 2020