University of St. Gallen was re-assessed by EFMD Global Network’s Business School Impact System and received the BSIS label for demonstrating with well-documented evidence the impact that the school has on its local environment.
“The BSIS process is a valuable instrument to assess and develop local impact. It has given us an international framework to review and benchmark the validation of internal impact measurement. The system has special merit for business schools, particularly for public institutions with high levels of dependence on public financial support,” commented Peter Lindstrom, the Director of Quality Development Services at St. Gallen.
Michel Kalika, who, together with Gordon Shenton, is one of the two co-directors of BSIS, said: “We would like to warmly congratulate University of St. Gallen for having undergone the BSIS assessment process and being awarded the BSIS label which is a sign of international appreciation for the schools which consider their impact as vital. St.Gallen is a great example of a business school which has to operate at the time of globalisation, simultaneously addressing the local issues. BSIS helps to balance the two.”
“Demonstrating the many ways in which business schools add economic and social value to the environment in which they operate has become a challenge. BSIS is an effective tool to help schools identify, measure and communicate all the positive contributions they make to the world around them,” added Gordon Shenton, BSIS co-director.
About the Business School Impact System
The Business School Impact System (BSIS) scheme is designed to determine the extent of a school’s impact upon its local environment – the city or region in which it is located. The BSIS process is offered in a joint venture between EFMD Global Network and FNEGE as a service to EFMD members in any part of the world.