22nd January, 2020
The First Edition of the Positive Impact Rating Launched today at the World Economic Forum in Davos
XLRI- Xavier School of Management has featured in the first edition of Positive Impact Rating 2020, launched today at the World Economic Forum in Davos.
The Positive Impact Rating (PIR) is a radically new student-based rating measuring the positive impact of business schools. It aims to change the thrust of existing rankings from leading schools to be the best in the world to be the best for the world. It addresses the ongoing critique of existing rankings to support mainly economic and selfish goals of already privileged actors, without reflecting the schools' role as an important social actor. The Positive Impact Rating was initiated in 2017 by a large global group of academics and institutional leaders from the management education field (GRLI, PRME, HESI, GBSN) with the intention to support fundamental change in the business school sector with regards to the schools' societal responsibility and impact. Its activities are endorsed and supported by WWF Switzerland (Environment), OXFAM (Society), Global Compact Switzerland (Business) and it is operated in close collaboration with student organizations - Oikos International, Net Impact, AIESEC, SOS UK, Studenten voor Morgen. It is the first time that students around the world assess their business schools on how they perceive their positive impact in the world. The positive impact of business schools goes beyond their contribution to business and the economy; it addresses the need for their positive impact for society.
The purpose of this PIR 2020 is to measure how business schools contribute to solving societal challenges by energizing the school and its culture, by educating current and future leaders, by providing relevant research results and offers for continuing education, by participating in the public debate and by being a role model institution.
Fr. P. Christie S.J., Director, XLRI - Xavier School of Management commented, "We are happy to see that XLRI has featured in the list of 30 leading Global Business Schools in the First Edition of Positive Impact Report 2020. This PIR rating would inspire us to work more diligently towards attaining our Vision and Mission. The millennial B-School students have clearly expressed their views on the importance of Positive Impact on society at large. This benign realization marks a paradigm shift and would foster a collaborative ecosystem and make the process of management education more meaningful and purpose-oriented."
In fact, XLRI's tagline - "For the Greater Good" is a constant reminder to all our stakeholders of why we exist and how XLRI can be a force for greater common good in shaping the management education sector and the community at large. "Encouraging whole-person growth across intellectual, social, emotional and spiritual levels are important aspects of XLRI's DNA. For over seven decades we have been consciously working upon these four aspects through our teaching, culture, curriculum, and interaction with each other to help realize our vision to be an institution of excellence, nurturing responsible global leaders for the greater common good and a sustainable future", he added.
XLRI-Xavier School of Management, Jamshedpur is a premier, private management institute in India founded in 1949 by Fr Quinn Enright, S.J. in the 'steel city' of Jamshedpur (www.xlri.ac.in). Over the last six decades, the institute has grown into a top-ranking business management school of international repute with a wide portfolio of management programs and research publications. Its alumni are spread around the globe and have demonstrated responsible business leadership in their organizations. XLRI continually strives to contribute its mite to the professional growth and management of numerous organizations and institutions across industry sectors. XLRI has been awarded two prestigious International Accreditations, viz., AACSB - The Association to Advance Collegiate Schools of Business and AMBA - Association of MBAs. XLRI has also earned the National Board of Accreditation (NBA) accreditation.