It is our pleasure to announce that the University of St.Gallen recently completed the Business School Impact System (BSIS). Due to the current global circumstances, the assessment had to be carried out online.
The positive results proved the institution’s significant position as a leading European business school and its diversified presence in the local, regional and international markets.
Michel Kalika, the BSIS Director, commented: “Congratulations to the University of St.Gallen for completing the rigorous BSIS process. We are delighted to see that the university confirmed its exceptional on-going commitment and contribution to impact optimisation. The motto of the institution “From insight to impact” emphasises the entrepreneurial spirit and impact and is aligned with the institution’s development strategy.”
On behalf of the school, Bernhard Ehrenzeller, the Dean of the University St.Gallen, added: “The BSIS renewal process supported our strong interest and engagement in achieving regional impact. In particular, the assessment facilitated inclusive discussions and reflection on our activities and communication with external stakeholders. The expert peers validated our internal monitoring processes, but also provided useful recommendations for strategic consideration and improving our operational effectiveness.”
The university is an actively engaged community player within the local ecosystems. In particular, the “HSG Spin-Off Label”, established in 2017 to recognise new local entrepreneurs, has been awarded to 144 companies successfully setting up businesses. Regarding the Societal Impact, the institution is guided by the United Nations Sustainable Development Goals (SDGs), increasing the delivery of environmental and sustainability education across curriculum, campus and community outreach programmes.
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 based on the following seven areas of impact: financial, educational, business development impact as well as intellectual, societal, image and impact within the regional ecosystem.
The Impact of the COVID-19 Crisis on Business Schools
Discover how business school deans managed and maintained their impact during the Covid-19 pandemic in our latest survey. Find out what their perceptions of the future of business education are. One hundred fourteen business schools responded to the BSIS online questionnaire. All the statistical analysis has been produced in partnership with Le Sphinx. Download the survey results here .