We are pleased to announce that the Goodman School of Business at Brock University has successfully undergone the Business School Impact System (BSIS) assessment process.

Michel Kalika, the BSIS Director, commented: ‘Warm congratulations to Goodman School of Business for this well-deserved success. We appreciate the institution’s effort and their long-term dedication to the impact optimisation even more now in these ongoing challenging times. While the university has relevant international significance, at the same time it is an actively engaged community player within the local ecosystems.

One excellent example of the educational impact dimension is the 95% employment of the graduates within the impact zone, the Niagara region. We are looking forward to our continued collaboration, and we wish the Goodman School of Business at Brock University all the best for their continued success.’

On behalf of the school, Andrew Gaudes, Dean of the Goodman School of Business noted: ‘We at the Goodman School of Business at Brock University have positioned ourselves as a globally-oriented and community-dedicated business school. Our commitment to the local region drives the imperative to build relationships among our students, faculty and local organizations.

By graduation, most of our students will have contributed to at least one, if not several in-class consulting projects, addressing real challenges facing organizations within our local community. Our Goodman Group, which provides services ranging from professional and executive development to venture development and consulting, designs programs with the specific needs of our community in mind.

Our global orientation has facilitated engagement opportunities for our students and faculty, as well as welcoming students and faculty from around the world to work, learn and live in our community. Their settlement into the Niagara Region contributes to the diverse and vibrant community, from which we all benefit through our own individual and collective experiences.

We were confident our school was providing value to the community, yet we were short on compelling qualitative and quantitative metrics to offer a comprehensive assessment of the impact our presence was making. We wanted to address this gap with tangible evidence, which is when EFMD’s Business School Impact System (BSIS) a process of evaluation undertaken by more than fifty business schools around the world, entered our narrative.

The comprehensive internal and external BSIS approach to assessing our impact across seven areas within our region, provides an information and data collection system bespoke to our distinctive pursuit of becoming a world-class business school. More importantly, it identifies areas for us to apply our resources to further enhance our local and global impact. The recently received BSIS report from EFMD provides a call to action, aligning our efforts to build on our successes and address recommendations towards a purposeful business education experience for our students and to the social and economic prosperity of our beautiful region of Niagara.’

About BSIS

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 each 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.

There are currently 53 schools across 17 countries that have received the BSIS label. To learn more about the impact assessment system, please visit the BSIS website or contact bsis@efmdglobal.org.

The Impact of the COVID-19 Crisis on Business Schools

Discover how business school deans have managed and maintained their impact during the Covid-19 pandemic in our latest survey. Find out about perceptions of the future of business education from 114 business schools which responded to the BSIS online questionnaire. All the statistical analysis has been produced in partnership with Le Sphinx. Download the survey results here.

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