Stimulating ethical leadership A Student’s Perspective Juliet Taylor, MBA Candidate st PRME Latin America Regional Meeting December 6, 2011

Turning Ethics into Action At IAE, ethical decision-making and responses to corruption have been explicitly considered during 8 courses: Analysis of Business Situations Organisational Behaviour Management Systems Aligning the Organisation Non-Market Strategy Corporate Social Responsibility Corporate Policy Corporate Governance (Elective) Ethical principles have been taught, developed and examined through technical notes, case-based teaching, group projects and oral examination. COMMENT: students embrace concepts where there is an opportunity to implement frameworks and assess outcomes

A Student’s Perspective Case-based teaching and debate is an essential foundation. Inspire through examples of good “citizenship” – Understand corporate best practice – Developing understanding of collective initiatives and decisions COMMENT: There is a need to increase student awareness of NGO and collective action initiatives Moving beyond citizenship to leadership – Understand stakeholders – Identify sources of advice and assistance – Instill partnerships and collective action as a priority response – Move beyond one-off decision-making COMMENT: Simulations offer students the possibility to implement frameworks and determine their own decision parameters

From teaching to implementation Case Analysis 1. Personal Fundamentals Technical Notes Best practice 2. Good citizenship Collective initiatives Simulation 3. Stakeholder analysis and leadership Initiative design

Simulating Ethical Dilemmas The Corruption Dilemma Internal Consultation Options Stakeholder Positions External Consultation Options Immediate Decision and Justifications Simulated Outcomes Preventative Initiatives “Real Life” Comparison

Conclusion Students value opportunities to implement knowledge within the MBA experience. Computer-based simulations offer an interesting opportunity: Practical experience for students Increased situational pressure and realism Statistical data for faculty and alumni Increased emphasis on collective action opportunities Ethical Individuals Ethical Citizenship Ethical Leadership