Education

Aspen Institute Names Stanford Business School Professor Winner of Lifetime Achievement Award for Integrating Social and Environmental Issues into MBA Education

  2008 NOV 24 - (VerticalNews.com) -- The Aspen Institute Center for Business Education has announced that Stanford Graduate School of Business professor David Baron is the winner of the 2008 Faculty Pioneer Award for Lifetime Achievement. The award was made at a November 5 reception at Ernst & Young's corporate headquarters in New York City.

  The award was among several given at the annual recognition, dubbed the "Oscars of the business school world" by the Financial Times. The event celebrates MBA faculty who have demonstrated leadership and risk-taking in integrating social and environment issues into academic research, educational programs and business practice.

  Baron is an innovator in the area of business and its social, political and legal environment. He created the field of non-market strategy, an approach that integrates traditional strategy with political economy, reputation management, ethics and corporate social responsibility. The David S. and Ann M. Barlow Professor of Political Economy and Strategy, Emeritus at Stanford, his most recent research includes path-breaking work on social entrepreneurship and moral motivations for firms and managers.

  "With the recent turmoil in financial markets, persistent global poverty, and issues surrounding the burgeoning economies in the developing world, I have never had a greater appreciation of the relevance and importance to modern society of management education," said Stanford Business School Dean Robert L. Joss. "Dave Baron has been at the forefront of the effort to create thoughtful and socially responsible leaders with teaching that has encompassed both nonmarket and market considerations. As social issues and sustainability become part of global business operations, business schools need to integrate these issues holistically into their curriculum. Dave has made a major contribution to setting the standards for this."

  The Aspen Institute Center for Business Education has also ranked the Stanford Graduate School of Business first in its 2007-2008 Beyond Grey Pinstripes survey of how business schools are integrating social and environmental stewardship into their curriculums.

  "At a time of turbulence and change in our economy and society, these remarkable individuals are helping prepare future business leaders to meet the challenges of creating both successful and socially responsible businesses," said Rich Leimsider, director of the Aspen Institute Center for Business Education. "Through cutting-edge research in areas ranging from executive compensation, social entrepreneurship and moral motivations for firms to stakeholder influence and the governance of public pension funds, these faculty award winners are helping focus attention on, and foster discussions about, the creation of a sustainable society."

  Nominations for the awards are open to faculty at any institution offering a graduate management degree. Candidates are nominated by their academic peers and winners are chosen by a panel of corporate judges. In addition to recognition by the Aspen Institute and their peers and schools, Faculty Pioneers receive an honorarium.

  Keywords: Stanford Graduate School of Business.

  This article was prepared by VerticalNews Education editors from staff and other reports. Copyright 2008, VerticalNews Education via VerticalNews.com.