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Looking for the Sweet Spot Where Can Jesuit Business Schools Make Their Greatest Contribution to Global Sustainability John Hollwitz, James A.F. Stoner, and Frank M. Werner Schools of Business Fordham University International Association of Jesuit Business Schools 15th World Forum – Jamshedpur, India 7-10 June 2009 “Aspen’s biggest lever is the fact that it is world-renowned; as a result, we get covered by the press all over the world, and a small action on our part can often influence disproportionate change.” Auden Schendler Executive Director of Sustainability Aspen Skiing Company Getting Green Done, p.92 Hollwitz, Stoner, Werner IAJBS 2009 – Jamshedpur AGENDA • Introductions • What is global sustainability? • What needs to be done to achieve a sustainable world? • Resources of Jesuit business schools • Where is the best match • What’s do we do next Hollwitz, Stoner, Werner IAJBS 2009 – Jamshedpur About John • B.A. LeMoyne, M.A. Creighton, Northwestern, Ph.D. Nebraska, Northwestern • Former Dean of Arts and sciences, Loyola Maryland, Vice President of Academic Affairs, Fordham • Author – • Research – organizational wellness, personnel selection, scenario planning, human resource accounting, Chinese/ Asian studies Hollwitz, Stoner, Werner IAJBS 2009 – Jamshedpur About Frank • B.A. Physics and M.B.A. Harvard, Ph.D. Columbia • Former Associate Dean, GBA • Recipient – Gladys and Henry Crown Award for faculty excellence, 1985 and 2004; Stanley Fuchs Award for impact on students, 2008 • Chairholder – James A.F. Stoner Chair in Global Quality Leadership, 1993–1994 • Author – three textbooks, five research books, novel, book chapters, journal articles • Research – quality and finance, the goal of the firm, sustainable finance Hollwitz, Stoner, Werner IAJBS 2009 – Jamshedpur About Jim • B.S. Engineering Antioch, S.M. and Ph.D. MIT • Recipient – Gladys and Henry Crown Award for faculty excellence in 1999, 2005 • Chairholder – James A.F. Stoner Chair in Global Quality Leadership, 2002–2007 • Author – five textbooks (many editions), ten research books, book chapters, journal articles • Research – 1960s: “risky shift,” 1970s: career plateaus, 1980s–1990s: world class managing, quality and finance, 2000s: managing for global sustainability Hollwitz, Stoner, Werner IAJBS 2009 – Jamshedpur What is Global Sustainability? • Meeting this generation’s needs in ways that enhance the capacity of future generations to meet their needs (modified Brundtland Commission definition) • A world that works for everyone with no one left out Hollwitz, Stoner, Werner IAJBS 2009 – Jamshedpur What Needs to be Done to Achieve a Sustainable World? The Sustainability Equation The domain of a sustainable world Population Consumption Production Sustainability Population Consumption Production Hollwitz, Stoner, Werner IAJBS 2009 – Jamshedpur What Needs to be Done to Achieve a Sustainable World? Initiatives That Lead to Sustainability The domain of games where we have the greatest opportunities to make a difference Impact Leverage Passion T heHighest PriorityInitiative Impact Leverage Passion Hollwitz, Stoner, Werner IAJBS 2009 – Jamshedpur What Needs to be Done to Achieve a Sustainable World? Quality Check – Is the Means Big Enough? The domain of games that stretch us enough to be worthy of our passion Creative Risky Discomforting Verification Creative Risky Discomforting Hollwitz, Stoner, Werner IAJBS 2009 – Jamshedpur What Needs to be Done to Achieve a Sustainable World? • Others’ framings – Senge, et. al. – ... –… –… Hollwitz, Stoner, Werner IAJBS 2009 – Jamshedpur Resources of Jesuit Business Schools • Special resources – Jesuit philosophy – spiritual viewpoint • nature of the schools’ religious traditions • diversity of faculty – Fordham as an example • spiritually-friendly environment – in which discussion of spiritual issues is considered normal and not out of line Hollwitz, Stoner, Werner IAJBS 2009 – Jamshedpur Resources of Jesuit Business Schools • Non-special resources – talent • skills in organizational change • skills in strategic management Hollwitz, Stoner, Werner IAJBS 2009 – Jamshedpur Where is the Best Match? • Regarding consumption – Most of the world’s consumption is done by a small fraction of the world’s population – Those who consume in excess must consume less • teaching the emptiness of “affluenza” – Those without want (need!) to consume more Hollwitz, Stoner, Werner IAJBS 2009 – Jamshedpur Where is the Best Match? • Regarding production – Most production is done in unsustainable, non-renewable ways – We must find renewable ways of production that do not deplete resources or pollute the planet • stewardship of the earth • teaching “cradle-to-cradle” Hollwitz, Stoner, Werner IAJBS 2009 – Jamshedpur Where is the Best Match? • Regarding population – The implications of 9.5 billion people pressing on the planet’s resources by 2050 – We must find ways to limit population growth to a level consistent with sustainable production and consumption • or find ways to dramatically increase sustainable production and consumption to meet a much larger world population Hollwitz, Stoner, Werner IAJBS 2009 – Jamshedpur Where is the Best Match? • Regarding population – A sticky political issue • the problem is and will be especially acute in the poorest parts of the world – in the “first world” birth rates are essentially at or below replacement level – the fastest population growth is in the “third world” – A sticky moral/ethical issue • now we limit population by war and starvation • how should population be limited? Hollwitz, Stoner, Werner IAJBS 2009 – Jamshedpur Where is the Best Match? • Regarding population – A sticky Catholic issue • the relationship of sexuality and reproduction • beliefs about the moment of the beginning of life – Birth control, abortion • the relationship of the size of the flock to the Church’s power and wealth – Perhaps we have already fulfilled the biblical injunction to “go forth and multiply,” so now it is time to do a bit of subtraction! Hollwitz, Stoner, Werner IAJBS 2009 – Jamshedpur Where is the Best Match? • Special opportunities – Regarding other faiths • the possibility of Jesuit business schools as leaders and/or models for schools in other faithbased traditions • the possibility of moving various faiths from emphasizing their differences to emphasizing their common ground around sustainability • the ability to reach fundamentalist groups Hollwitz, Stoner, Werner IAJBS 2009 – Jamshedpur Where is the Best Match? • Special opportunities – Regarding population • perhaps only a Catholic institution can have a major influence in reducing population growth – Like Nixon “opening up” China Hollwitz, Stoner, Werner IAJBS 2009 – Jamshedpur If this is a workshop . . . • Breakout groups • Reporting back • Discussion Hollwitz, Stoner, Werner IAJBS 2009 – Jamshedpur What’s Do We Do Next? Hollwitz, Stoner, Werner IAJBS 2009 – Jamshedpur