Disaster risk management in business education entrepreneurial formation for corporate sustainability
Main Article Content
Keywords
DRM, business continuity, MBA, Business schools, Business education, CSR, sustainability
Abstract
The purpose of this paper is to show the importance of business education in Disaster Risk Management (DRM). This paper aims to evaluate the awareness level of the Master in Business Administration’s (MBA) students regarding the importance disaster risk management (DRM) plays. This paper develops a literature review concerning the concept of disasters, Disaster Risk Management, Disaster Risk Reduction, and the role of MBA programs. Furthermore, a survey at Universidad EAFIT (Medellin, Colombia) was designed and implemented as primary source information with the purpose of showing the DRM awareness level of MBA’s students. Finally, a case study connecting DRM with entrepreneurship formation is described.This paper identified a limited formal education in DRM Latin American MBA programs, and specifically at Universidad EAFIT. Additionally, a lack of awareness in MBA’s students about the importance of DRM was identified. In this sense, the paper proposes a DRM education model that uses a Corporate Social Responsibility (CSR) and entrepreneurial formation in business education. This study aims to show the importance of the inclusion of disaster risk reduction and management knowledge as part of the courses in: Corporate Social Responsibility (CSR), Sustainability, and Entrepreneurship content in Masters in Business Administration (MBA) programs.
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References
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Vatsa, K. S. (2004). Risk, Vulnerability, and Asset-based Approach to Disaster Risk Management. International Journal of Sociology and Social Policy, 24(10/11), 1-48.
Almog-Bareket, G. (2011). The Missing Component in MBA programs. Management Decision, 49(10), 1600-1611. Al-Nammari, F., & Alzaghal, M. (2015). Towards Local Disaster Risk Reduction in Developing Countries: Challenges from Jordan. International Journal of Disaster Risk Reduction, 12, 34-41.
Amendola, A., Linnerooth-Bayer, J., Okada, N., & Shi, P. (2008). Towards Integrated Disaster Risk Management: Case Studies and Trends from Asia. Natural Hazards, 44(2), 163-168.
América Economía. (2015). Ranking MBA 2015América Economía. Available on line: http://rankings.americaeconomia.com/mba2015/
Bildan, L. (2003). Disaster management in Southeast Asia: An Overview. Pathumthani: Asian Disaster Preparedness Center.
CEPAL. (2012). Valoraciónde daños y pérdidas. Ola invernal en Colombia, 2010-2011. Bogotá: Misión BID Cepal.
Chitakornkijsil, P. (2010). Disaster and Risk Management in a Global World. International Journal of Organizational Innovation (Online), 3(2), 97.
Courbage, C., & Mahul, O. (2013). Promoting Better Understanding on Sustainable Disaster Risk Management Strategies. The Geneva Papers on Risk and Insurance-Issues and Practice, 38(3), 401-405.
Gall, M., Nguyen, K. H., & Cutter, S. L. (2015). Integrated research on disaster risk: Is it really integrated? International Journal of Disaster Risk Reduction, 12, 255-267.
Geale, S.K. (2012). The Ethics of Disaster Management. Disaster Prevention and Management: An International Journal, 21(4), 445-462.
Hart, T. A., Fox, C. J., Ede, K. F., & Korstad, J. (2015). Do, but don't tell: The search for social responsibility and sustainability in the websites of the top-100 US MBA programs. International Journal of Sustainability in Higher Education, 16(5), 706-728.
Henstra, D., & McBean, G. (2005). Canadian disaster management policy: Moving toward a paradigm shift? Canadian Public Policy/Analyse de Politiques, 31(3), 303-318.
IGAC, IDEAM & DANE (2011). Reporte Final de Áreas Afectadas por Inundaciones 2010 – 2011. Available on line: http://www.icde.org.co/alfresco2.1-5.1.1.1/d/d/workspace/SpacesStore/2030%20de%202011.pdf
Ishiwatari, M. (2010). Japanese Experiences of Disaster Risk Reduction. Asian Journal of Environment and Disaster Management, 2(3), 247-249.
Jain, P., Datta, S.K., & Roy, A. (2014). Awareness and attitude towards corporate social responsibility: A study of MBA students in Rajasthan. International Journal of Law and Management, 56(3), 231-246.
Keller, A.Z. & Al-Madhari, A. (1996). Risk management and disasters. Disaster Prevention and Management International Journal, 5(5), 1922.
Madu, C.N. & Kuei, C. (2014). Disaster Relief Supply Quality Management (DRSCQM). International Journal of Quality & Reliability Management, 31(9), 1052-1067.
O'Brien, G., O'Keefe, P., Gadema, Z., & Swords, J. (2010). Approaching disaster management through social learning. Disaster Prevention and Management: An International Journal, 19(4), 498-508.
Rautela, P. (2006). Redefining disaster: Need for managing accidents as disasters. Disaster Prevention and Management: An International Journal, 15(5), 799-809.
Redulac. (2016). REDUCLAC Sitio Oficial. Available on line: http://www.redulac.net/
Rubin, R. S., & Dierdorff, E. C. (2009). How relevant is the MBA? Assessing the alignment of required curricula and required managerial competencies .Academy of Management Learning & Education, 8(2), 208-224.
Salter, J. (1997). Risk management in a disaster management context. Journal of Contingencies and Crisis Management, 5(1), 60-65.
Shaluf, I. M. (2007). Disaster types. Disaster Prevention and Management: An International Journal, 16(5), 704-717.
UNDP. (2016). Disaster Risk Reduction. Disaster Risk Reduction and Climate Risk Management. Available on line: http://www.undp.org/content/undp/en/home/ourwork/c_reduction_and_recovery.html
UNISDR. (1994). Yokohama Strategy and Plan for Action for a Safer World. Available on line: http://www.unisdr.org/files/8241_doc6841contenido1.pdf
UNISDR. (2013). From Shared Risk to Shared Value –The Business Case for Disaster Risk Reduction. Global Assessment Report on Disaster Risk Reduction. Geneva, Switzerland: United Nations Office for Disaster Risk Reduction (UNISDR).
UNISDR. (2014). Latin American Forum on Disaster Risk Reduction in Higher Education / Foro Latinoamericano de Reducción del Riesgo de Desastre en la Educación Superior. Available on line: https://www.unisdr.org/we/inform/publications/31720
UNISDR. (2015a). Sendai Framework for Disaster Risk Reduction. Available on-line: http://www.unisdr.org/we/coordinate/sendai-framework
UNISDR. (2015b). Making Development Sustainable: The Future of Disaster Risk Management. Global Assessment Report on Disaster Risk Reduction. Geneva, Switzerland: United Nations Office for Disaster Risk Reduction (UNISDR).
UNISDR. (2016). Terminology on DRR. TerminologyUNISDR. Available on line: https://www.unisdr.org/we/inform/terminology
Vatsa, K. S. (2004). Risk, Vulnerability, and Asset-based Approach to Disaster Risk Management. International Journal of Sociology and Social Policy, 24(10/11), 1-48.
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Published
Jul 19, 2016
Article Details
How to Cite
Herrera-Cano, C. (2016). Disaster risk management in business education entrepreneurial formation for corporate sustainability. AD-Minister, (28), 33–48. https://doi.org/10.17230/ad-minister.28.2
Section
Research Articles
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