Factors Affecting Successful Implementation of Responsible Management Education in Ghanaian Business Schools
Business schools have been criticized failing to acknowledge their role in educating responsible managers that could have helped in solving the recent financial crisis that affected corporate institutions. This has resulted in a number of measures by most business schools in the areas of introduction of responsible management education courses. Nevertheless, the general view prevails that business schools as a whole are making only very little progress in addressing these critical issues on institutional level. The study therefore examines the key factors affecting the implementation of responsible management education in Ghanaian Business Schools. The study revealed that the most important factors affecting business schools authorities’ decisions in the implementation of the concept of responsible management education were; financial constraints, tensions between the university, business schools and national Accreditation Board (NAB). That is not all, but most respondents placed much emphasis on lack of learning environments to promote knowledge, skills and attitudes of students to become responsible business leaders as among the most critical factor affecting the implementation of responsible management education. Past experience with a CSR agenda and size of the business school were recorded as the least critical factors identified as affecting successful implementation of responsible management education.