Summit on the Global Agenda 2009 Council Reports

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Transform business education by having diversity and inclusion imbedded as a core part of MBA curriculums around the world

The Council has identified inequality of access to education as a key deficiency in global governance that perpetuates the exclusion of specific segments of society. Business leaders must be equipped to understand the benefits that an inclusive strategy can bring, e.g. a more sustainable, successful and stable organization. The Council also recognizes that leaders face multiple challenges while designing modern diverse talent strategies and do not always know how to manage diversity effectively.

The Council has been focusing on understanding these challenges and opportunities by compiling a white paper. The document, entitled "Recommendations on Creating and Managing Inclusive Workforces", includes actionable managerial and policy recommendations intended to facilitate the effective creation and management of diverse work organizations.

In a pilot phase, the white paper along with other relevant sources and best practices could be shared with a selected group of academic institutions to inspire an MBA module, with the specific purpose of highlighting case studies of best practice, before being generalized to leading business schools.

Encourage global institutions to become models for inclusive diversity through a voluntary code of conduct that organizations would choose to adhere to (e.g., World Economic Forum, OECD, United Nations, etc.)

The absence of effective models for inclusion perpetuates ongoing discrimination. The Council recommends the establishment of a set of standards and best practices for building inclusive working environments and organizational cultures that can serve as a voluntary certification system for aspiring organizations.

This convention on best practices would be revised and amended every year to make it increasingly ambitious while achievable.

Other proposals put forward by the Council include:

Design international standards that facilitate talent mobility to prepare for the effective management of multicultural, diverse workforces
Set up a Global Inclusion Index at the country level Implemented by an academic institution or a think tank, this system would incentivize countries to enact diversity-friendly policies for employment and education. A framework would define inclusion. Similarly to other indexes, it would be based on variables recognized under several pillars, with each pillar representing an area considered as an important determinant of inclusiveness.
Create, sustain and leverage corporate and government policies and practices that promote minority and female entrepreneurship

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The views expressed here emerged from the Council meetings and do not necessarily reflect the views of the World Economic Forum or those of all the Council Members.