The Nottingham Business School (NBS) completed a process of identification of its tangible and intangible benefits that the faculty brings to its impact zone and we extend our congratulations!

The unique 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.

The NBS is part of the public Nottingham Trent University (NTU) in Nottingham with which it maintains a strong relationship. NBS has an embedded culture and DNA, where faculty considers not only academic impact but also managerial and societal impact.

The school is a major participant in the entrepreneurial ecosystem in the region and a vibrant accelerator of business development in its impact zone. Through various projects, NBS demonstrates its capabilities to support the enhancement of numerous existing businesses and encourage the creation of start-ups by students.

Michel Kalika, the BSIS Director, congratulated the school by saying: “We are happy to see Nottingham Business School in the pool of institutions who went through the BSIS impact system. NBS fulfils its mission to ‘deliver education and research that combines academic excellence with impact upon business and society’ as proven both quantitatively and qualitatively during the BSIS process.”

Baback Yazdani, Dean of Nottingham Business School, commented: “BSIS recognised our impact, influence and contribution to the world of practice with our exceptional network, social capital and a strong commitment to the impact of our research and teaching. The process was invaluable in creating a shared understanding of our contribution and its impact on business and society. We would encourage business schools to use BSIS to recognise the impact they make.”

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. The impact of the Business School is analysed on the basis of the following seven areas of impact: financial, educational, business development impact as well as intellectual, societal, image and impact within the regional ecosystem.

To learn more about BSIS, please visit the BSIS website or contact bsis@efmdglobal.org.