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INCAE ON SUSTAINABILITY

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Creating a Sustainable Strategy<br />

PRINCIPLE 1: PURPOSE<br />

The Principles for Responsible Management Education<br />

(PRME) is a UN Global Compact-backed initiative<br />

with the mission to inspire and champion responsible<br />

management education, research and thought<br />

leadership globally by bridging relationships and<br />

catalyzing collaboration among the United Nations, the<br />

Global Compact and academia.<br />

TOP-DOWN<br />

COMMITMENT<br />

Ensure leadership<br />

commitment to<br />

implement and<br />

mainstream<br />

PRME at an<br />

organizational<br />

level<br />

STRATEGY<br />

PRME values become an<br />

important, explicit, and<br />

effective part of the<br />

organizational strategy<br />

REPORTING &<br />

COMMUNICATING<br />

Share progress and<br />

engage with key<br />

stakeholders for<br />

continuous<br />

improvemente<br />

PRME developed the transformational model as<br />

presented in the figure below to support business<br />

school strategies through a process of continuous<br />

improvement. The model takes into consideration<br />

the complexities and specificities of integrating<br />

sustainability values into business/management<br />

schools and programs.<br />

BOTTOM-UP<br />

COMMITMENT<br />

Support and<br />

incentivize faculty<br />

and staff to<br />

implement PRME<br />

through teaching,<br />

research, and<br />

engamement<br />

L<strong>ON</strong>G-TERM<br />

PLANNING<br />

Develop a plan for PRME<br />

implementation over a<br />

given time frame<br />

RESOURCES<br />

Secure and make<br />

available necessary<br />

resources, both human<br />

and budgetary<br />

ASSESSING<br />

IMPACT<br />

Measure impacts<br />

and progress<br />

towards goals,<br />

qualitatively and/or<br />

quantitatively<br />

IMPLEMENTATI<strong>ON</strong><br />

Take action, in alignment<br />

with the long-term plan<br />

and given resources<br />

12

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