The business school the world needs
Saïd Business School has pioneered an interdisciplinary approach to the questions of responsible business.
Business in the 21st century is not just about making money. Saïd Business School has emphasised business’s responsibility for the social wellbeing of employees and communities and for the natural environment. This responsibility is known by many names – corporate social responsibility, inclusive capitalism, the purposeful company – but here we have gathered them under the banner of ‘responsible business’. Doing business responsibly is not just the reserve of start-ups and tech firms, but applies across the board, from global multinationals and major public-private partnerships to traditional manufacturing and service firms. It is of global and immediate significance and it works.
Levers for change
In social entrepreneurship, promoting change in organisations at the bottom of the pyramid, the Skoll Centre is the leader in its field; the CRESSI research project explores how the economic underpinnings of social innovation can enhance the lives of the most marginalised and disempowered citizens in society, and entrepreneurs participating in the Goldman Sachs 10,000 Small Businesses UK programme implement business innovations that consistently grow their company revenues, creating jobs at rates that outperform the broader economy, in addition to making behavioural changes promoting a new approach to doing business.
Metrics that matter
Our world-class Corporate Taxation and Corporate Reputation centres advise and coach high-level policymakers and leading global organisations and mutlinationals to ensure that their approach to business enhances productivity without sacrificing integrity or accountability to customers and shareholders. How can companies improve their performance and long-term returns to investors, whilst at the same time promoting the interests of communities, employees, the environment and natural capital? Research projects such as Mutuality in Business and Inclusive Capitalism ask how to improve firm performance using metrics beyond making money – metrics that recognise plural interests and common interdependencies.
New ways to lead
How do companies and business leaders negotiate the challenges and opportunities of new ways of working? Oxford Saïd faculty, working with colleagues across Oxford, are global thought-leaders on the topic. We integrate change-making new management theory with experience from practitioners in the field to produce transformational teaching programmes that will significantly enhance the performance of the firms, partnerships and individuals that participate in them. From megaproject management and major project leadership, through Executive, MBA and diploma courses to impact investing, an Oxford Saïd course encourages participants to question the usual management models and ways of thinking, to widen their perspectives, and to understand their own challenges and capabilities.
Our undergraduate, post-graduate and executive students are challenged to become leaders with purpose and a conscience. They return to the world of business ready to create businesses fit for the 21st century. Moreover, through our global Oxford Business Alumni network participants can further develop their relationship with Oxford and like-minded senior individuals from across the globe.
I am heartened by looking at some of the firms that are taking positive action in order to address some of these issues; that are worried about people, planet and profit at the same time