Through the four key international accrediting bodies - AACSB, EQUIS, UNWTO and PRME - the Business School continues to strive and transform the way we do business by identifying four areas of commitment: entrepreneurship and innovation; ethics, responsibility and sustainability; engagement; and impact.
Entrepreneurship and innovation
The Business School is a place where students are encouraged and inspired to pursue an entrepreneurial journey. Numerous experts in the field and a vast ecosystem of resources support the unique needs of innovators, both inside and outside the classroom.
An example of this initiative in this space:
World Tourism Forum Lucerne, Young Leaders Program Awards
Tourism student Hailey Brown won the innovation category at the World Tourism Forum Lucerne – Young Leaders Program Awards.
Her new business innovation, Vacaylt, has received much attention from tourism operators around Australia. This promising entrepreneurial venture aims to develop an entirely accessible, multi-sensory platform or app that can capture imaginations, while also encouraging visually impaired people to learn about and experience the destination.
Ethics, responsibility and sustainability
As a signatory to UN Principles for Responsible Management Education (PRME), the Business School is committed to doing ‘business for better’.
An example of this initiative in this space:
Reducing plate waste in hotels – which interventions are most effective?
This project partners with different Tourism and hotelier associations within Australia and Slovenia. With an aim to quantify the comparative effectiveness in reducing food waste generated by tourist at hotel buffets.
This should provide significant benefits by lowering food cost for the struggling tourism industry, reducing carbon emissions, and contributing to Australia’s aim of having food waste by 2030.
Engagement
The Business School is co-creating value with its local and global stakeholders and partners. We aim to find solutions so that business and society can work together to create sustainable enterprise and communities.
An example of this initiative in this space:
Experts predict 4 ways AI will revolutionise the world
Top experts from our Research Hubs take a futuristic focus to identify how key AI trends and current research can help predict what the world might look like from 2030 to 2050.
One of four predictions is that AI will make it possible for nearly all businesses to run a carbon-neutral enterprise from 2030 to 2040.
Impact
The Business School is committed to people, ideas, innovation and greater global understanding. Its activities influence academia, business and the local and global community and endeavour to respond to grand challenges.
An example of this initiative in this space:
How to avoid algorithmic decision-making mistakes: lessons from the Rebodebt debacle
The unprecedented amount of data generated in society today has incentivized governments to automate citizen-facing services with algorithmic decision-making systems.