Assessing the impact of research in business schools: seven good reasons to work with BSIS to build the full picture

impact of research

How does your School demonstrate the impact of its research? Is it all about the metrics? Or do you look at the bigger impact picture?

And what role could Business School Impact System (BSIS) play in assessing the impact of your research?

There are many reasons why BSIS could feature in your research impact measurement plans, but here are seven to begin with:

  1. The data– the BSIS survey of business school impact during the COVID-19 pandemic*  found that 79% were confident that they had managed to sustain or increase their impact during the pandemic, with 66% of schools believing that it is increasingly important to demonstrate their impact on the world around them. There is therefore compelling evidence of an impact story to tell.
  2. Your understanding of research impact – BSIS can help you and your colleagues develop a better and shared understanding of methods for measuring research impact.
  3. Your stakeholder story – BSIS demonstrates the tangible and intangible benefits your research brings to the region and beyond across a broad range of stakeholders.
  4. Your accreditation and rankings agenda– whether you are a triple-accredited school, a school in the process of becoming accredited, or one that has yet to start your accreditation journey, external quality accreditations such as EQUIS, AMBA, and AACSB increasingly require evidence of research impact measurement. BSIS provides a systematic route to measuring and delivering this evidence.
  5. Your distinctiveness- some business schools take the opportunity to position themselves and differentiate their offer through their research impact narrative and the evolution of an impact culture. Research impact can become an intrinsic part of the school’s brand and BSIS can support this work.
  6. Communicating your research impact story – your research impact story is unique to you, with multiple narratives and often some unexpected outcomes. This gives you a compelling story for key stakeholders such as research funding bodies, prospective students, the local community, and the media.
  7. The BSIS research community– BSIS opens doors and conversations for you, your faculty, and students with other business schools, thought leaders, entrepreneurs, and professionals from across the globe.

At our forthcoming BSIS webinar 3-4 February ‘Assessing the impact of research in business schools’ we will explore why business schools need to demonstrate the impact of their research, share methods for measuring research impact, and explore some of the synergies between impact assessment of research and accreditations and rankings. With speakers presenting their own case study experiences  Learn more or register for the event here.

impact of research webinar

We look forward to talking about research impact assessment with you. If you would like to discuss BSIS in more detail, please contact Debra Leighton at debra.leighton@efmdglobal.org, or for general details please visit the BSIS website or contact bsis@efmdglobal.org.

Business School Impact System (BSIS) was launched in 2012, initially to help schools communicate their positive impact on their local environment Over the years BSIS has increasingly been positioned as a continuous improvement tool, now with 59 business schools across 19 countries awarded the BSIS label.

Leave a Comment