Academy of Business in Society (ABIS)

, 76

Accreditation Council for Business Schools and Programs (ACBSP)

, 76

Agenda 21

, 94, 96, 98

Altruism

, 47

Amazon (Company)

, 56

Anti-poverty movement

, 99–100

Apple (Company)

, 56

Arthur Andersen

, 122

Artificial intelligence (AI)

, 119

Association for the Advancement of Baltic Studies (AABS)

, 76

Association of MBAs (AMBA)

, 76

Association to Advance Collegiate Schools of Business (AACSB)

, 17–18, 76, 78

Biodiversity loss

, 97

Black Lives Matter (BLM)

, 118

Bottom-up

, 73

social innovation

, 143

Bretton Woods Agreement

, 92–93

Brundtland Commission

, 95–96, 98–99

‘Business as usual’ concept

, 29

Business(es)

, 94

and management education

, 79

power

, 120

scandals

, 19, 22, 34

schools

, 18, 22, 35, 73–74

BusinessWeek

, 39–40

Cameralism

, 16–17

Carnegie Foundation

, 17–18

Carnegie Foundation for Advancement of Teaching

, 22–23

Catholic Relief Services (CRS)

, 153

Central and East European Management Development Association (CEEMAN)

, 76

Challenges

in business world

, 15–16

management education transformation

, 18–21

Change process

, 159–160

Character

, 4, 54–56

leading and managing with

, 60–62

managing talents with

, 54, 60

Children, Food Security and Nutrition

, 136

Chinese philosophy

, 86

Civil Society Organizations (CSOs)

, 77, 105–106

Climate change

, 101, 176–177

Commitment

, 73

to sustainability

, 73

Compassion, conservation and compliance (3C Model)

, 8

of Taoism

, 8, 171

Competence

, 4, 55–56

leading and managing with

, 60–62

managing talents with

, 54, 60

performance

, 62–63

Conceptism

, 49–50

Concrete problem-solving

, 30

Conflict Prevention and Peacebuilding

, 136

Conscious mind

, 34–37

Consejo Latinoamericano de Escuelas de Administración (CLADEA)

, 76

Constructive criticism

, 115

Consumer News and Business Channel (CNBC)

, 38

Convene and commit, look and learn, engage and energize, act with accountability, review and revise framework (CLEAR framework)

, 148

COP26 Conference (2021)

, 6

Coping

, 89–90

mechanisms

, 138

Corporate America

, 120–122

Corporate cheating phenomenon

, 38–39

Corporate Finance Institute (CFI)

, 19

Corporate social responsibility (CSR)

, 9, 16, 89–90, 139

gap between societal expectations and actual sustainability performance

, 90–92

MDGs

, 98–102

movement of sustainable development

, 95–98

sustainability and profitability

, 92–94

COVID-19 pandemic

, 1, 51–52, 109, 176–177, 180

Creative problem-solving

, 30

Creativity

, 42–43

dark side of knowledge and

, 38–40

Criticism

, 114

Culture and Development

, 136

Data, information, knowledge and wisdom (DIKW)

, 33

Deep innovation

, 141–142

Defeat devices

, 20

Demeaning process

, 67

Democratic Economic Governance

, 136

Development and Private Sector

, 136

Dialogue

, 72

Dieselgate (see Volkswagen emissions scandal (VW emissions scandal))

Digital transformation

, 15–16

Diseases

, 97

Disruptive systemic change

, 158

Diversity, equity and inclusion (DEI)

, 94

Dominant paradigm of management education

, 18–21

Dual process

, 73

Earth

, 166

virtue

, 45

École Supérieure de Commerce de Paris (ESCP)

, 17

Economic and Social Council

, 96–97

Economic crisis

, 21–22

Economic environment

, 116

Economic impact

, 107

Economic instability

, 97

Ecosystems services

, 166–167

Edelman Trust Barometer (2020)

, 6

Edelman Trust Barometer (2022)

, 6–7

Education

, 26

systems

, 26–27

Educational institutions

limited capacity

, 73–74

shift focus from educational institutions to educational leadership

, 79–81

Educational leadership, shift focus from educational institutions to

, 79–81

Emissionsgate (see Volkswagen emissions scandal (VW emissions scandal))

Energy, Energisers, Edge and Execute (4 E’s)

, 63

Enron Corporation

, 19–20, 122

Entrepreneurship

, 179–180

Environment and Climate Change

, 136

Environmental degradation

, 97, 101

Environmental impact

, 107

European Foundation for Management Development (EFMD)

, 76

Event level and reaction

, 151

Event-oriented approach

, 140

Evil practises

, 48–49

Facebook

, 56

False wisdom

, 48–49

Feedback approach

, 140

Fieldtrade Lite

, 185–186

Financial crisis (2008)

, 20–22, 29

Financial Crisis Inquiry Commission

, 21–22

Financial profit

, 107–108

Financial shenanigans

, 39–40

Ford Foundation

, 17–18

Friends of the Earth

, 95

Gender equality

, 180

Gender Equality and Women’s Empowerment

, 136

Gender inequality

, 100

General Assembly

, 97

Geo-politicization

, 176

Global Compact Cities Programme

, 75–76

Global Forum for Responsible Management Education (2017)

, 75–76

Global goals and ancient wisdom

, 86

Global Goals Yearbook

, 176

Globalization

, 94, 176

Globally Responsible Leadership Initiative (GRLI)

, 76

GlobeScan/SustainAbility Survey

, 104

Google (Company)

, 56

Government

, 123

Gracian’s concept of wisdom

, 51

Great leaders

, 4

Great Recession

, 21–22

Great Resignation, The

, 1–2

Green Belt Movement

, 95

Greenpeace

, 95

Gross Domestic Product (GDP)

, 170

Happiness

, 168, 171, 173

Happiness Day

, 171

Harmony

, 86, 168, 173

‘Harmony with Nature’

, 96–98

Harvard Business Review (HBR)

, 5

Harvard Business School (HBS)

, 17

Heaven

, 166

virtue

, 45

Heavenly Tao

, 46

Heavenly wisdom

, 44–51

Higher education institutions (HEIs)

, 72

Holism

, 166

Human augmentation technologies

, 119

Human beings

, 166–167

Human rights

, 179

Humanity

, 28

Humility

, 65

Hunger

, 97, 176–177

Iceberg model of systems change with systems thinking

, 149–152

Individuals

, 124

Injustice

, 177

Innovation

, 179–180

Innovative leadership

, 147–148

Innovative organizational sustainability

, 147–148

Integrity

, 64

Intellect

, 41

Intelligence

, 41–42

International community

, 89–90

International cooperation

, 89–90

International Labour Organization (ILO)

, 129, 179

International Maize and Wheat Improvement Center (CIMMYT)

, 152

International Monetary Fund

, 123

International Mother Earth Day

, 97

International Union for the Conservation of Natural Resources (IUCN)

, 95–96

Internet of Things (IoT)

, 119

Intuition

, 27–28

Iron Law of Responsibility

, 122

Irresponsible leaders

, 5–6

Johannesburg Plan of Implementation

, 96–97

Justice concept

, 27

Justification

, 110–111

Knowledge

, 32–33, 52, 55, 65

dark side of knowledge and creativity

, 38–40

in management education

, 40–54

moral instinct vs. conscious mind

, 34–37

synthesis

, 34–40

Knowledge–inquiry to wisdom-inquiry

, 51–54

Kock Industries, Inc.

, 64

Kyoto Protocol

, 94

Land degradation ‘Iceberg’ in Central America

, 152–154

Land restoration practices

, 153–154

Landscape

, 158–159

Laozi’s philosophy

, 33

Laozi’s teachings

, 3–4

Laozi’s wisdom

, 36

Leadership

model

, 63

problems

, 5

Lehman Brothers (global financial services firm)

, 20–22

Malnutrition

, 97

Management education

in business schools

, 35

dominant paradigm of

, 18–21

evolution of

, 16–18

industry

, 18

needs philosophy

, 26–27

philosophy and

, 27–30

revolutionizing dominant paradigm of

, 21–23

synthesizing knowledge and wisdom in

, 40–54

Tao of

, 32–33

transforming management education for SDG

, 9–11

Management-related educational institutions

, 73–74

Marked Based Principle (MBP)

, 65

Mass migration

, 176

McKinsey Global Institute (MGI)

, 119

MDG-Fund

, 136–137

Mental models and transformative change

, 152

Method

, 72

#MeToo movement

, 56

Millennium Development Goals (MDGs)

, 89–90, 98, 102, 136

climate change and environmental degradation

, 101

conflicts

, 101

gaps

, 100

gender inequality

, 100

poor people

, 101–102

thinking paradigm

, 104–106

Moral instinct

, 34–37

Morality concept

, 27, 111

Mother Earth

, 98

Multi-Level Perspective (MLP)

, 154–157

Multilateralism

, 176

National Basketball Association (NBA)

, 38

National schools

, 17–18

Newtonian principles

, 27–28

Next Generation Fellows programme

, 182

Niches

, 156, 161

No One Is Left Behind

, 176, 178, 184

Non-anthropocentric relationship

, 97–98

Nongovernmental organizations (NGOs)

, 6, 77, 95

‘One Village, One Paradise’ project

, 172–173

Optimism

, 176

Organizational practices

, 71–72

Organizations

, 4

‘Our Common Agenda’

, 109, 126, 176, 178

Our Common Future

, 95–96, 98

Pandemics

, 177

Paradigm of management and education system

, 16

Paradox

, 42–43

Partnership

, 72

Pattern level and adaptive change

, 151

Peace

, 179

Philosophy

, 30

and management education

, 27–30

management education needs

, 26–27

Pluralism

, 117

Pluralistic societies

, 117

Political environment

, 116

Poverty

, 97, 177

Principle Based Management (PBM)

, 64–65

Principled entrepreneurship

, 64–65

Principles for Responsible Investment

, 75

Principles of responsible management education (PRME)

, 70

community

, 74–79

Global Movement

, 78

impact

, 77–79

implementation

, 73

initiative of

, 70–71

towards PRME Future

, 79–81

and SDGs

, 75–77

six principles

, 71–72

Steering and Advisory Committees

, 75

steps of

, 74

transformational model for PRME implementation

, 72, 74, 76

Private sector

, 123–124

PRME Global Forum (2017)

, 71–72

Profitability

, 92–94

Public and Private Partnerships (PPP)

, 106

Public–civil partnerships

, 143

Purpose

, 72

Quality of competence

, 5

Qwest Communications

, 39

Rationality

, 53

Regimes

, 157–158

Relativity principles

, 27–28

Report on Responsible Management Education (2022)

, 78

Research

, 72

Respect

, 65

Responsible leaders

, 5–6

Responsible management, role of trust and Taoism in

, 5–7

Responsible management education

, 16

character and competence

, 55–56, 60

character and wisdom

, 54–55

character in talent management

, 54

competence and knowledge

, 55

framework for implementing

, 71–72

hiring for character, training for competence

, 62–68

from knowledge-inquiry to wisdom-inquiry

, 51–54

leading and managing with character and competence

, 60–62

managing talents with competence and character

, 54–60

synthesize knowledge and wisdom

, 34–40

synthesizing knowledge and wisdom in management education

, 40–54

Tao of management education

, 32–33

worldly wisdom, heavenly wisdom and sage’s wisdom

, 44–51

Revolutionizing dominant paradigm of management education

, 21–23

Rio Declaration on Environment and Development

, 96

Sage’s wisdom

, 44–51

Sarbanes–Oxley Act

, 122

Science, technology and innovation (STI)

, 149

SDG-Fund

, 136–137

Securities and Exchange Commission, The (SEC)

, 40

Security

, 179

Self-actualise

, 65

Sense perception

, 28

Shared understandings

, 112

Sharing Information on Progress (SIP)

, 76–77

Shifting the Burden structure

, 137–138

Silent Spring

, 93

Sima Guang’s management talent principle

, 59

Sima Guang’s wisdom

, 61

Six Principles for Responsible Management Education concept

, 71

Six Principles of PRME

, 74

Small and medium-sized enterprises (SMEs)

, 77

Social change

, 141–143

Social contract

, 108–126

for 21st century

, 124–126

actions for companies

, 117–119

balancing power with responsibility

, 122

building trust and countering mistrust

, 128

at business level

, 111–113

evolving

, 110–111

foundations of renewed social contract

, 127–128

at global level

, 126–130

government

, 123

inclusion, protection and participation

, 129–130

individuals

, 124

institutions and individuals in

, 120–122

measuring and valuing

, 130

private sector

, 123–124

root causes of mistrust

, 128–129

shifts in

, 119–120

society as macroenvironment

, 116–117

stakeholders’ concerns and criticism

, 113–116

for sustainable and inclusive society

, 109–110

widening gap

, 108–109

Social environment

, 116

Social impact

, 107

Social innovation

, 141–143

Social innovators

, 142–143

Social protection systems

, 129

Social Responsibilities of the Businessman

, 93

Social responsibility

, 93

Society as macroenvironment

, 116–117

Socio-technological regime

, 157–160

Spanish Master Plan for International Cooperation 2005–2008

, 136–137

Stakeholder-centre approach

, 105

Stakeholders

capitalism

, 15–16

concerns and criticism

, 113–116

Stewardship & compliance

, 64

Stockholm Conference

, 95–96

Supply chain problems

, 176

Sustainability

, 91–92, 94, 139–140

challenges

, 89–91, 141–142

commitment to

, 73

leaders

, 147–148

performance

, 106–108

transitions

, 162

Sustainability Literacy Test

, 76–77

Sustainable development

, 15–16, 89–90, 95–96, 179

movement of

, 95–98

Sustainable Development Goals (SDGs)

, 8, 10, 22, 70, 86, 89–90, 102, 104, 136, 168, 173, 176, 178

CSOs

, 105–106

engagement from rich countries vs. poor

, 106

PPP

, 106

PRME and

, 75–77

SDG-15

, 170

SDG4

, 180

Taoism’s wisdom and

, 86–87

thinking paradigm

, 104–106

top-down vs. stakeholder-centre approach

, 105

transforming management education for

, 9–11

transitions to sustainability and achievement of

, 161–163

young leaders for

, 184–187

Sustainable Development Goals Report 2021 (SDGs Report)

, 109, 2021

Sustainable Development Solutions Network (SDSN)

, 171–172

Synthesising process

, 33

Synthetic reasoning

, 33

Systems change

, 106, 136, 139–140

Iceberg model of systems change with systems thinking

, 149–152

for transition to sustainable and inclusive world

, 149

Systems innovation

engine of systems change

, 144–146

and leadership for sustainable and inclusive growth

, 139–164

new mindset

, 139–141

social innovation

, 141–143

to systems change

, 159–160

Systems leadership

, 146–149

Systems structure and structural change

, 151–152

Systems thinking

, 105, 140, 149, 151

Talent management

character in

, 54

with competence and character

, 54–60

Talented people

, 56–60

Tao

, 166

of management education

, 32–33

Taoism

, 32–33, 165, 168, 173

principles

, 10

in responsible management

, 5–7

Taoism’s wisdom

global goals and ancient wisdom

, 86

and SDGs

, 86–87

trust deficit calls for

, 2–5

Taoist concept of creativity

, 42

Taoist leadership

, 1

Taoist philosophy

, 167

Taoist principles

, 1, 9

Taoist view

, 34–37

Technological environment

, 116

3D symptoms

, 171

Top-down approach

, 73, 105

Toxic leaders

, 2

Toxic leadership

, 2

‘Trade school’ era

, 17–18

Transformation

, 65

Transformational model for PRME implementation

, 72–74

commitment

, 73

commitment to sustainability

, 73

educational institutions have limited capacity

, 73–74

gradual change only way to implement PRME

, 73

model

, 74

Transformative education

, 27

Transforming education

, 180

Transitions to sustainability and achievement of SDGs

, 161–163

Triple bottom line

, 106–108

True wisdom

, 47–48

Trust

, 3, 6–7

deficit calls for Taoism’s wisdom

, 2–5

in responsible management

, 5–7

Trust Barometer, The

, 6

Tyco

, 122

Tyco International (American blue-chip security systems company)

, 20

United Nations (UN)

, 70, 90, 92, 136

UN 2030 Agenda for Sustainable Development, The

, 86, 178–179

UN Conference on Environment and Development

, 96

UN General Assembly

, 75

UN Global Compact

, 70–71, 75–76

UN Global Compact Local Networks

, 76

UN Secretary-General

, 6, 80

UN-supported Principles for Responsible Investment

, 76

United Nations Framework Convention on Climate Change

, 94

Youth Envoy

, 180–181

United Nations Department of Economic and Social Affairs (DESA)

, 76–77

United Nations Development Assistance Framework (UNDAF)

, 136

United Nations Educational, Scientific and Cultural Organization (UNESCO)

, 165–166

United Nations Environment Programme (UNEP)

, 95

United Nations Social Development Network (UNSDN)

, 143

Unity of man and nature

, 165, 167–168

Unlock the Future coalition

, 182, 184

US Environmental Protection Agency (EPA)

, 20

Values

, 72

Virtue

, 4

Vision

, 176–177

Volatility, uncertainty, complexity and ambiguity (VUCA)

, 6, 26, 136, 176

business environment

, 7–8

era

, 7

managing responsibly in

, 8

Volkswagen emissions scandal (VW emissions scandal)

, 20

Walmart (Company)

, 56

Wars

, 176

Waste Management Inc. (WM)

, 40

‘Wasteland of vocationalism’

, 17–18

Water and Agriculture Funds

, 153

WateROAM

, 186

Wholeness

, 166

Wicked problems

, 90–91

Wisdom

, 32–33, 54–55, 165, 168, 173

dark side of knowledge and creativity

, 38–40

in management education

, 40–54

moral instinct vs. conscious mind

, 34–37

synthesis

, 34–40

Wisdom–inquiry, from knowledge-inquiry to

, 51–54

World Bank

, 123

World Conservation Strategy

, 95–96

World Summit on Sustainable Development

, 96–97

World War II (WW II)

, 92–93

WorldCom (American telecommunications company)

, 20, 40, 122

Worldly wisdom

, 44–51

Worthless practises

, 48–49

Young Generations

, 178–184

Young leaders for SDGs

, 184–187

Young people

challenges

, 180–182

driving force for achievement of SDGs

, 178–180

Youth

, 179–180

Youth, Employment and Migration

, 136

Youth and Future Generations

, 182–184