When I was hired by the University of Minnesota’s Carlson School of Management 29 years ago, my first assignment was to teach a course called “Business, Government, and the Macroeconomy.” It highlighted business’ and governments’ necessary interdependence and partnership, and the role of institutions in strengthening business and society. It reinforced my belief that scholars…
The societal aspects of education provide some of its main benefits, its purpose being to contribute to society’s welfare. Universities should accordingly produce responsible and accountable leaders in their respective domains through education. However, higher education’s quest for revenue and reputation has led universities to sideline or even neglect this stated societal purpose. While it…
The 3rd summit of the Responsible Research in Business and Management (RRBM) marks the coming of age of an initiative that has its roots in a presentation by Anne Tsui almost ten years ago — she questioned the purpose of research in business schools. A small group of scholars recognised that business schools had an…
When the Financial Times quietly posted a survey seeking input into the composition of its coveted list of scholarly journals in business, it set off a frenzy. Journal editors and other interested parties launched campaigns seeking to stuff the virtual ballot box, and thousands of “voters” obliged. This response was not surprising. Inclusion in…
Recently released survey data reveals stark differences between the behaviors and beliefs of residents across U.S. states, but also shows that Americans are generally compliant and supportive of actions their local and state governments are taking to slow transmission of the virus and reduce risks. The findings of this survey are not only useful to…
COVID-19 has significantly disrupted global economic output and transnational supply chains. While the direct impacts on production and trade are widely discussed, less attention has been given to the impacts on other practices that ensure the functioning of global markets. One example of such practices are private regulatory efforts that over the past three…
“We are all disabled now”[i] is a phrase and headline that most of us will have heard during the current pandemic. Many non-disabled social media influencers, radio hosts, TV presenters and members of the general public now consider themselves, and many like them, “disabled” as the daily struggle with self-isolation and social distancing makes work…
Business professors from 53 schools around the world identify 6 priorities for companies in the COVID-19 era The day before our university closed down, my MBA students debated the price that the company that discovers the COVID-19 vaccine should charge. None of us expected the university to shut down indefinitely the next day. Two months…
While we see exciting developments in sustainable finance – e.g., the increasing amounts of sustainable investments – the world is currently facing an unprecedented crisis. At the time of writing, the outbreak of the novel coronavirus (SARS-CoV-2) causing the Covid-19-pandemic has resulted in global gridlock with untold health, economic and social effects. The real economy…
The COVID-19 pandemic and our response to it has changed the way we work together, threatening the sustainability and utility of organizations by disrupting work processes related to collaboration, information sharing, and technology. The work that organizations do and the outcomes they offer to the market ultimately depend on people working together, whether in formal…