BSIS: A decade of Impact

BSIS A decade of impact

Learn more about the new book edited by Michel Kalika, “BSIS: A decade of Impact”, which is available now

Business School Impact System (BSIS), initially created ten years ago in France by FNEGE and then developed internationally by EFMD, aims to communicate to a business school’s stakeholders the real impact of the academic institution. This, in turn, helps the institution better understand its role and importance in its impact zone(s).

BSIS A decade of impactMore than 60 business schools in 19 countries involved in BSIS have demonstrated that its purpose goes beyond this. For a decade, BSIS has worked to develop the awareness of the sector with the first-ever framework to propose a global view of impact based on seven structured dimensions: financial, educational, business development, intellectual, ecosystem, societal and image impact; including quantitative and qualitative indicators.

The 60+ accounts of business schools and experts providing the content of this book prove that BSIS is more than just about impact indicators and measurements. The narratives are exceptional and bring attention to the fact that when a business school is working on its impact assessment, many unexpected positive effects showing the true value of BSIS rise to the surface.

For example, BSIS generates:

  • an impact on the external communication of schools because it allows them to present rigorous and quantitative information to stakeholders, whether at local, national, or international levels, including accreditations bodies;
  • an impact on strategy, positioning and branding because the questions on impact reveal fundamental interrogations about the impact zone, the relationships with companies and alumni, and also with public authorities. One of the key benefits of impact assessment is to oblige the school to clearly identify its stakeholders to convince them of the true impact of the school;
  • changes in the culture of impact of the schools. Very often, one of the first positive impacts of BSIS is to raise people’s awareness about the importance of impact and foster a global feeling of pride due to the realisation of the broader role of the business school. Using a global approach to impact, as opposed to an approach limited to research and “impact factor”, the school members working in different departments develop a feeling of pride for their school’s work;
  • the development of an organisation and information system for impact. Impact assessment requires quantitative and qualitative data, a dashboard, and a suitably adapted organisation. It is worth mentioning that certain schools have now decided to include a “Chief Impact Officer” in their organisational chart;
  • a fundamental understanding that impact assessment is an agent of change. Many schools mentioned that BSIS was a catalyst promoting change in how they considered operations. Not only as an organisation that respects standards but also as an organisation with significant influence on young students and professionals, along with managers, companies and public authorities through research activities and output.

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Contributing business schools:

Corvinus University of Budapest
EMLV Business School
emlyon Business School
ESSCA School of Management
ESSEC Business School
Excelia Business School
Goodman School of Business Brock University
Grenoble IAE Graduate School of Management
HEC Lausanne
HEC Liège Management School of the University of Liège
iaelyon School of Management
IAE Metz School of Management
IAE Nice- Graduate School of Management
International Business School Suzhou (IBSS)
International Institute for Management Development (IMD)
Kozminski University
Montpellier Business School
NEOMA Business School
Nottingham Business School, Nottingham Trent University
Rotterdam School of Management, Erasmus University (RSM)
Sasin School of Management
School of Economics and Business, University of Ljubljana, (SEB LU)
SDA Bocconi- School of Management
Skema Business School
Sobey School of Business
Tallinn University of Technology School of Business and Governance
The American University in Cairo
University of Bedfordshire Business School
University of St. Gallen
UPBE – University of Porto Business and Economics
UPF Barcelona School of Management
WHU-Otto Beisheim School of Management

Contributing experts:

BON Jérôme
BONARDI Jean-Philippe
HELFER Jean-Pierre
LANDE Evelyne
MOTTIS Nicolas
PAGE Michael J
VAS Alain

See more information about BSIS.