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Policy on Sharing Information on Progress

Background

  1. The foundational document of the Principles for Responsible Management Education states: "As institutions of higher learning involved in the education of current and future managers we are voluntarily committed to engaging in a continuous process of improvement of the following Principles, reporting on progress to all our stakeholders and exchanging effective practices with other academic institutions". Reporting on progress to stakeholders by signatory institutions is an essential part of the active commitment to PRME.
  2. During the Global Forum for Responsible Management Education, held at the United Nations in December 2008, PRME signatories defined the key characteristics of this commitment to public disclosure. It was specifically agreed that reporting should not be seen as a routine and bureaucratic obligation, but as the best opportunity to share information with stakeholders, to create a learning community with other participating institutions, and to provide information on progress achieved in the implementation of the PRME Principles to companies and prospective students interested in responsible management education. The policy outlined below was developed on the basis of the consensus reached at the Global Forum.

Sharing Information on Progress Policy

  1. A central commitment of any institution participating in the Principles for Responsible Management Education Initiative is to periodically share information with peers and society on the progress made in implementing the Principles.
  2. A "Sharing Information on Progress" (SIP) document can be a stand-alone report or part of another public report issued by the participating institutions.
  3. SIPs have to be submitted online via the PRME website (www.unprme.org), either by providing a hyperlink to an existing document on the participant's website or by uploading an electronic document.
  4. SIPs can be provided on a continuous basis. Signatories are expected to communicate their progress at least every 18 months. Participants that have adopted the PRME before 31 December 2008 will have until 30 June 2010 to submit the first SIP.
  5. SIP documents do not need to have a complex format. However, they should include the following four elements:
    1. Renewal of the commitment to PRME, signed by the highest executive of the organization;
    2. Major achievements in relation to the implementation of one or more Principles during the last 18 months;
    3. Key objectives for the next 18-month period with regard to the implementation of the Principles
    4. Desired support (meetings, tools, best examples, implementation guidelines...) from the PRME community which could help most in achieving your key objectives for the next 18 months.
  6. SIPs can be produced in the language decided by each participating institution.
  7. PRME signatories that fail to communicate progress for two years will no longer be considered "active PRME participants", with the exception given under point 6.

PRME Secretariat
April 2009.