An article by Barth Strempek, Kevin O’Mara , and Rob Springer has been published in the Fall 2007 edition of the Journal of the Academy of Business Education (JABE). The article entitled “Purifying a Murky Mission: Responsible Business Leadership” details a process and results of an empirical study that identifies six primary factors related to the construct of responsible business leadership, the primary construct in the LSB mission statement. The study uses exploratory factor analysis on data collected from a cross-section of LSB constituents. See abstract below.
Abstract
When attempting to operationalize a worthy, yet ill-defined, mission statement, business schools may consider adopting the framework presented in this paper. The process of clarifying the nebulous concept of “Responsible Business Leadership,” which is central to one business school’s mission, is outlined in detail. The framework incorporates active participation by four major stakeholder groups to develop a common understanding of this key construct. Exploratory factor analysis identified six clear factors to guide future curriculum and program initiatives thus demonstrating the applicability of this framework for developing meaningful stakeholder engagement and discussion.
When attempting to operationalize a worthy, yet ill-defined, mission statement, business schools may consider adopting the framework presented in this paper. The process of clarifying the nebulous concept of “Responsible Business Leadership,” which is central to one business school’s mission, is outlined in detail. The framework incorporates active participation by four major stakeholder groups to develop a common understanding of this key construct. Exploratory factor analysis identified six clear factors to guide future curriculum and program initiatives thus demonstrating the applicability of this framework for developing meaningful stakeholder engagement and discussion.