It was developed as part of the UN PRME (Principles for Responsible Management Education) initiative, which advocates responsible management education. The project at RANEPA is being implemented by the Institute of Business Studies (IBS). Our project partners this year are Universidad de Colombia School of Management (Colombia), ISAE - Brazilian Business School (Brazil), SPJIMR-Bharatiya Vidaya Bhavan (India) and University of Monterrey (Mexico).
The module aims to develop knowledge, skills and relationships necessary for creating business models with positive societal impact. The module program includes lectures delivered by Mexican business practitioners as well as social entrepreneurship professionals, effective and interactive online communication, and self-guided group work.
During online sessions, teams from Russia, Colombia, Mexico, India and Brazil presented their projects, that reflect the best practice of companies in the field of social entrepreneurship and corporate social responsibility. All teams demonstrated a deep awareness of the project issues and an excellent level of preparation and team-work. Elizaveta Makeeva, a student of IBS RANEPA, shares her impressions: “Each module of the BSIEM project opens up new and sometimes unexpected facets of the topic of social entrepreneurship and sustainable development. This module was no exception. Thanks to the speakers, we were able to learn more about the business models of social entrepreneurship and the impact of the Covid-19 pandemic on this area.”
Companies and organizations from various industries and countries were discussed and studied at the sessions. The teams talked about the Indian communication and information technology company Haqdarshak, the cosmetics company Lush, the American company for the processing of organic waste TerraCycle, the Mexican premium real-estate company Casai, the Colombian initiative Choco to Dance, and the Colombian non-profit foundation Ashoka. All these companies have experience in implementing sustainable development goals and basic principles of corporate social responsibility in their activities. The general conclusion was that the global business community is becoming more socially oriented and is developing a global mindset. Alena Sviridenko, a student of the IBS RANEPA speaks about her impressions of the last module: “At the spring BSIEM module, lecturers from the University of Monterrey, Mexico (Universidad de Monterrey, UDEM) highlighted issues related to digital transformations and business models in social entrepreneurship, the topic of social innovation and the role of indigenous peoples in socially oriented business. In addition to the professional part, representatives of different countries and cultures also shared their knowledge and experience on the topic of social entrepreneurship. A week with BSIEM provided a unique opportunity not only for expanding my knowledge, but also got meeting interesting speakers and participants!”.