In its commitment to teaching ethical values, the Love School of Business has adopted the Principles for Responsible Management Education. The PRME provides a framework for business schools and universities worldwide to adapt teaching and research methodologies to the new challenges and opportunities facing business in the 21st century. As a signatory school, Elon joins an international group of institutions in the commitment to encourage social responsibility in the creation of a sustainable global economy.
Elena Kennedy, Doherty Emerging Professor of Entrepreneurship, serves as chair of the program at Elon. The university’s partnership with PRME is included in the Love School of Business’ strategic plan. Elon and the Love School of Business report annually to PRME on their efforts.
The Principles are:
Purpose: We will develop the capabilities of students to be future generators of sustainable value for business and society at large and to work for an inclusive and sustainable global economy.
Values: We will incorporate into our academic activities and curricula the values of global social responsibility as portrayed in international initiatives such as United Nations Global Impact.
Method: We will create educational frameworks, materials, processes and environments that enable effective learning experiences for responsible leadership.
Research: We will engage in conceptual and empirical research that advances our understanding about the role, dynamics, and impact of corporations in the creation of sustainable social, environmental and economic value.
Partnership: We will interact with managers of business corporations to extend our knowledge of their challenges in meeting social and environmental responsibilities and to explore jointly effective approaches to meeting these challenges.
Dialogue: We will facilitate and support dialogue and debate among educators, business, government, consumers, media, civil society organizations and other interested groups and stakeholders on critical issues related to global social responsibility and sustainability.