A Birmingham university college is blazing a trail for
sustainable business practices with the creation of the UK's first
undergraduate business degree to place ethics and sustainability at
the heart of its curriculum.
Newman University College's BA (Hons) Business, Sustainability,
Ethics (available from October 2012) will focus on helping students
develop the critical skills and global understanding necessary to
adopt a broader, ethics-centred approach to commerce, equipping
them with the skills required to establish and manage profitable
and sustainable businesses in fast-changing global markets.
Traditional classes on management, marketing, economics and
finance will not be neglected but, rather than focussing on
'business as usual', the course builds critical thinking into every
aspect of the programme; looking at issues such as ethical
financial decision making, sustainable resource management and
diverse approaches to management across cultures, that are just as
crucial to business success.
Dr Terry Nolan, senior lecturer in business studies at Newman
University College, said: "As the global recession and recent
'occupy' protests demonstrate, faith in capitalism as a route to
economic and social wellbeing is at an all-time low. The business
world is perceived as being over-focussed on maximising profit and
shareholder dividends at the expense of the wellbeing of employees,
wider society, and the longevity of the business itself.
"With increasingly global markets, what happens to businesses in
one country is intrinsically linked to businesses elsewhere in the
world, so we all have a responsibility to address issues in a
global context and seek more sustainable solutions that will drive
growth and prosperity for all."
While traditional business degrees focus on technical management
and leadership skills, ethics is often viewed as a 'bolt on' topic:
something to be considered when a business needs to consider its
public image or CSR policy.
Newman's new course aims to shift the balance; placing critical
thinking, understanding, empathy and context at the root of every
other area and equipping the next generation of graduates to
develop their own distinctive, holistic approach that has the
necessary integrity and global perspective to make a positive
impact.
Alongside skills development, students on the course will be
required to tackle some of the more negative aspects of
business head on including pollution, corruption, links between
business, politics and war and issues caused by over-work, bullying
and poor working environments. They will then be expected to apply
their learning, developing holistic solutions based on ethical and
sustainable practices.
Terry continued: "The real differential for the Business,
Sustainability, Ethics programme is that it places people -
employees, managers, owners, customers, suppliers and the wider
community - at the heart of business.
"While generating profit is essential for any organisation,
recent events have illustrated how behaving in an ethical way is
also crucial if that business is to be sustainable. We believe this
shift in approach will equip students not merely with the what and
how of business management but a greater understanding of why
businesses behave the way they do, allowing them to make more
effective decisions in practice."