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Understanding Responsible Management Education from the Inside: A Case Study of a Case Study in an Insurance and Savings Company
Tommy Borglund, Magnus Frostenson, and Sven Helin
Örebro University School of Business, Sweden
Volume 15 Special Issue: 2018, pp. 97-124: ABSTRACT
Despite some two decades of research on Responsible Management Education (RME) relatively little is known about RME within business. In particular, different variants of RME in business have not been studied enough to give us a thorough understanding of the nature, role and function of RME in business. To provide some remedy, this article studies RME from an internal business perspective. Through action research, it shows how a specific form of RME, building on the Shared Value (SV) concept, is shaped, developed and manifested within the life-insurance and savings company Skandia. Furthermore, it develops a model for a holistic understanding of RME in business, taking into account RME actors, concepts, methods, and use. Apart from being an empirical illustration from within business of how RME becomes a tool for strategy, identity and innovation, and constructing a model for understanding RME, the article also highlights SV as the conceptual basis for RME.