OVERVIEW

• • PART ONE: Managing Change Part TWO: Principles of Responsible Management Education (PRME)

• • A pessimist sees the difficulty in every

opportunity

; An optimist sees the opportunity in every

difficulty

.

CHANGE

• • •

Never over Opportunity to those who grasp it Unlimited opportunities

CHANGE

• • • •

“…. the window through which the future enters your life."

All around you, in many types and shapes You can bring it about yourself, or it can come anyway!

• • • •

CHANGE

Happens every day, every moment, everywhere To live fully we must learn to embrace change and honor it, even when change arrives with companions,

Fear and Uncertainty

• • • Life is about evolving and actively creating change, as well as learning how to go with the flow when inevitable change comes our way. Be inspired and motivated!

CHANGE

• • • • • • Learn to view change as a natural phenomenon Anticipate it and Plan for it The future is ours to channel in the direction we want to go... we must continually ask ourselves,

'What will happen if...?'

or better still,

'How can we make it happen?' "

COPING WITH CHANGE • • •

What happens when someone wants you to change? What happens if someone close to you does something totally unpredictable?

How do you cope with unexpected change... bad news, or problems?

COPING WITH CHANGE • • • Everything working normally until POW!

When that happens,

How do you feel?

CHANGE CURVE

MAINTENANCE CYCLE

Change/ Problem Threat

(Attitude)

Defensive (Behaviour)

DEFENSIVE BEHAVIOUR • • • Stressful Conflict Deterioration in relationships

OPPORTUNITYISNOWHERE • • • What did you see? Opportunity is nowhere? Opportunity is now here!

OPPORTUNITYISNOWHERE • • • • • You can choose how you perceive things When things look bad, look for the good...

what can I learn from this? what are the opportunities?

OPPORTUNITYISNOWHERE • • • Defending any position Close off ability to see alternatives, and Potential benefits that other opportunities

OPPORTUNITYISNOWHERE • • • How many opportunities have we lost in our lifetimes because we have not been looking for them We will never know We don't have to miss out on anymore

GROWTH CYCLE

Change/ Problem Opportunity

( Attitude)

Constructive (Behaviour)

IN ANY SITUATION • • No matter how bad it may seem Choose to look for the

opportunities

it presents

IN ANY SITUATION • • • • May not find any... May not be apparent for some time If we don't look for them

we will never find them!

SUSTAINABLE CHANGE 1. Establish a Sense of Urgency 2. Form a Powerful Guiding Coalition 3. Create a Vision 4. Communicate the Vision

SUSTAINABLE CHANGE 5. Empower Others to Act on the Vision 6. Plan for and Create Short-Term Wins 7. Consolidate Improvements and Produce Still More Change 8. Institutionalize New Approaches

THINKING • • • Positive = Faith Possibility = Focus Power = Follow Through

• • • • "In every crisis there is a message. Crises are nature's way of forcing change, breaking down old structures, shaking loose negative habits so that something new and better can take their place."

BE THE CHANGE

Y O U W I S H TO S E E I N T H E W O R L D !

P R O F. D R . A U N G T U N T H E T ( A U N G T U N T H E T @ G M A I L . C O M )

• • • • Every day you have the opportunity to learn and experience something and someone new Seize the

opportunity

Learn and experience everything you can, and Use it to

change

the world

• • • • • •

PRIORITY AIMS

Serve wholeheartedly Strive for Excellence Create Wealth Achieve Objectives Attain Vision Work Ethically

• • • • • •

CORPORATE VALUES

Trust Stewardship Justice Diversity Life Balance Reputation

PERSONAL QUALITIES

• • • • • Commitment Creativity Joyfulness Care Forgiveness

PERSONAL QUALITIES

• • • • • • • Serving Others Courage Openness and Honesty Moderation Resourcefulness Prudence Maintaining personal integrity

• • • • • • • Be different Stand out from the rest Honest and fair Kindness and respect Go the extra mile to help them Excellent client service Looking out for others' needs

BUSINESS ETHICS

• • • • How you conduct their business at all times Say yes for yes and No for no No in between

BUSINESS ETHICS

• • • Always conducted with honesty Good ethics makes for good business Conduct your business in an ethical manner

VALUES

• • • Integrity Commitment to excellence Commitment to its people

P4 (PPPP)

PROFIT PEOPLE PLANET PROBITY

• •

“The Principles for Responsible Management Education have the capacity to take the case for universal values into classrooms on every continent.”

PRME

• • Inspire and champion responsible management education, research and thought leadership Internationally accepted values principles of the United Nations Global Compact

PRME

• • Process of continuous improvement New generation of business leaders capable of managing complex challenges faced by business and society in the 21st century

PRME

• • Corporate responsibility and sustainability

entered

Not yet

embedded

in the mainstream of business-related education

PRME

• • • Business schools and universities Adapt curricula, research, teaching methodologies and institutional strategies New business challenges and opportunities

INSTITUTIONS OF HIGHER EDUCATION • • • • • Development of current and future managers Adopt Six Principles More relevant to capacities and mission.

Report on progress to all stakeholders Exchange effective practices with other academic institutions

PRINCIPLE 1

• • • • Purpose Develop capabilities of students Future generators of sustainable value for business and society Inclusive and sustainable global economy

• • •

PRINCIPLE 2

Values Incorporate into academic activities and curricula the values of global social responsibility United Nations Global Compact

PRINCIPLE 3

• • • Method Educational frameworks, materials, processes and environments Effective learning experiences for responsible leadership

• • • •

PRINCIPLE 4

Research Engage in conceptual and empirical research Advances understanding about the role, dynamics, and impact of corporations Creation of sustainable social, environmental and economic value

• • • •

PRINCIPLE 5

Partnership Interact with managers of business corporations Extend knowledge of challenges in meeting social and environmental responsibilities Explore jointly effective approaches to meeting these challenges

• • •

PRINCIPLE 6

Dialogue Facilitate and support dialogue and debate among educators, students, business, government, consumers, media, civil society organisations and other interested groups and stakeholders Critical issues related to global social responsibility and sustainability

CONTINUOUS IMPROVEMENT • • • • Long-term process Framework of general principles Engage faculty and staff Build institutional support

A LEARNING NETWORK

• • Collecting and channeling good practices, Exchange of existing and state-of-the-art experiences

REPORT TO STAKEHOLDERS

• • • • Report regularly - annually - on progress to all stakeholders Public reporting Ensure credibility Giving recognition to good performances

ACADEMIC INSTITUTIONS • • Stay "ahead of the curve“ PRME - internationally recognized framework for adaptation and change

BUSINESS SCHOOLS • • • Closely connected to the community they serve: the corporate world and key stakeholder organizations Focus basic applied research to new needs and changing operating environments Right balance between sound scholars and excellent practitioners within their faculty

BUSINESS SCHOOLS • • Integrate environmental, social and governance issues Adapt and serve this new demand

PRME

• • • Encourage business schools towards a new approach New needs and expectations of the business world Demands of a new generation of students

PRME

• • • New value proposition Leading corporations welcome new generation of professionals Knowledge and skills suited for the new opportunities in the 21st century

PRME

• • • Initiative enhance responsible performance Adaptation to changing demands Competitiveness in the market

• • “We need business to give practical meaning and reach to the values and principles that connect cultures and people everywhere.”

GLOBAL COMPACT Two complementary objectives: 1. Mainstream the ten principles in business activities 2. Catalyze actions in support of broader UN goals, including the Millennium Development Goals (MDGs)

GLOBAL COMPACT • • Strategic policy initiative to align businesses operations and strategies with ten universally accepted principles in the areas of human rights, labour, environment and anti-corruption

THE TEN PRINCIPLES • • • • • Universal consensus and derived from:

Universal Declaration of Human Rights (UDR) ILO Declaration on Fundamental Principles and Rights at Work Rio Declaration on Environment and Development United Nations Convention Against Corruption

HUMAN RIGHTS

• • Principle 1: Businesses should support and respect the protection of internationally proclaimed human rights; and Principle 2: make sure that they are not complicit in human rights abuses.

LABOUR • • • • Principle 3: Businesses should uphold the freedom of association and the effective recognition of the right to collective bargaining; Principle 4: the elimination of all forms of forced and compulsory labour; Principle 5:: the effective abolition of child labour; and Principle 6: the elimination of discrimination in respect of employment and occupation.

ENVIRONMENT • • • Principle 7: Businesses should support a precautionary approach to environmental challenges; Principle 8: undertake initiatives to promote greater environmental responsibility; and Principle 9: encourage the development and diffusion of environmentally friendly technologies

ANTI-CORRUPTION • • Principle 10: Businesses should work against corruption in all its forms, including extortion and bribery.

GLOBAL COMPACT • • • Global and local Private and public Voluntary yet accountable

• • •

“Learn from yesterday, Live for today, Hope for tomorrow.”

• • • • “Reach high, for stars lie hidden in you. Dream deep, for every dream precedes the goal.”