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Global Compact and EFMD Launch Global Responsibility Initiative


On 29 January, the Global Compact and the European Foundation for Management Development (efmd) announced a unique partnership to address the question of how to best develop a new generation of globally responsible business leaders. The partnership is manifesting itself in a joint and open invitation which was launched on the occasion of efmd's 2004 Annual Meeting in Lisbon for the deans and directors of more than 200 business schools worldwide.

The "Global Responsibility Initiative" invites Global Compact participants and efmd members, including more than 500 of the world’s leading business and management schools, to participate in a 12-month hands-on learning process, forming effective global alignments and establishing pace-setting practices for business schools and companies.
“This initiative will offer schools enhanced interaction with leading companies. Companies who recognise that in an interconnected world successful stewardship requires rethinking the role of business in society”, said Georg Kell, Executive Head of the Global Compact. “The professional environment of dedicated business schools will offer a safe learning environment for business representatives to elaborate on and identify viable options that add value to their companies.”
Please click here to acces EFMD's website on the initiative.