LETRAN CALAMBA JOINS THE UNITED NATIONS GLOBAL ‐ COMPACT PRINCIPLES FOR RESPONSIBLE MANAGEMENT EDUCATION (PRiME)
By: Dr. Ruel V. Maningas
Letran Calamba is now a signatory to the United Nations Principles for Responsible Management Education (PRiME).
The PRME is a United Nations Global Compact sponsored initiative with the mission to inspire and champion responsible management education, research and thought leadership globally. Higher education institutions become signatory to the Six Principles of PRME, which are inspired by internationally accepted values and provide an engagement structure for academic institutions to advance social responsibility through the incorporation of universal values into curricula and research. PRME seeks to establish a process of continuous improvement among institutions of management education in order to develop a new generation of business leaders capable of managing the complex challenges faced by business and society in the 21st century. Over 500 signatory institutions from 80 countries engaged with the initiative. PRME’s Steering Committee is comprised of global and specialised associations (source: www.unprme.org)
Below are the six principles (source: www. unprme.org)
Six Principles for Responsible Management Education
As institutions of higher education involved in the development of current and future managers we declare our willingness to progress in the implementation, within our institution, of the following Principles, starting with those that are more relevant to our capacities and mission. We will report on progress to all our stakeholders and exchange effective practices related to these principles with other academic institutions:
Principle 1 | Purpose: We will develop the capabilities of students to be future generators of sustainable value for business and society at large and to work for an inclusive and sustainable global economy.
Principle 2 | Values: We will incorporate into our academic activities and curricula the values of global social responsibility as portrayed in international initiatives such as the United Nations Global Compact.
Principle 3 | Method: We will create educational frameworks, materials, processes and environments that enable effective learning experiences for responsible leadership.
Principle 4 | Research: We will engage in conceptual and empirical research that advances our understanding about the role, dynamics, and impact of corporations in the creation of sustainable social, environmental and economic value.
Principle 5 | Partnership: We will interact with managers of business corporations to extend our knowledge of their challenges in meeting social and environmental responsibilities and to explore jointly effective approaches to meeting these challenges.
Principle 6 | Dialogue: We will facilitate and support dialog and debate among educators, students, business, government, consumers, media, civil society organisations and other interested groups and stakeholders on critical issues related to global social responsibility and sustainability.
“The PRME is the first organized relationship between the United Nations and management-related academic institutions, business schools, and universities. Since its official launch in 2007 by UN Secretary-General Ban Ki-Moon, the initiative has grown to more than 500 leading business schools and management-related academic institutions from over 80 countries across the world. More than a third of the Financial Times' top 100 business schools are signatories to PRME. PRME provides a global network for academic institutions to advance corporate sustainability and social responsibility, and an engagement framework for the incorporation of universal values into curricula and research “
Letran Calamba is one of the 8 higher education institutions (HEIs) signatories from the Philippines.
On January 19, 2015, the UN Global Compact Office in New York accepted Letran Calamba as one of the HEI signatories.
Letran Calamba’s Representative, also serving as its Ambassador to the UN-PRiME, Dr. Ruel V. Maningas attended the 6th PRME Global Forum in New York on June 23-25, 2015.