Moral Dilemmas and the Future of Business Research SBAA Annual - - PowerPoint PPT Presentation

moral dilemmas and the future of business research
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Moral Dilemmas and the Future of Business Research SBAA Annual - - PowerPoint PPT Presentation

Moral Dilemmas and the Future of Business Research SBAA Annual Meeting, November 12, 2018 William H. Glick H. Joe Nelson Professor of Management, Rice University Past Board Chair, AACSB International Parts of the Problem increasing


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Moral Dilemmas and the Future of Business Research

SBAA Annual Meeting, November 12, 2018 William H. Glick

  • H. Joe Nelson Professor of Management, Rice University

Past Board Chair, AACSB International

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Parts of the Problem

“…increasing numbers of organizational scholars have begun to express concern that organizational/ administrative science has had little effect on life in

  • rganizations…”

J.M. Beyer (1982): “Introduction to the special issue on the utilization of organizational research,” ASQ, pp. 588-590.

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Parts of the Problem

“…our failure to present ourselves—our body of knowledge and our perspective—to the world of affairs…[is the result] of an incestuous, closed loop of scholarship…””

  • D. Hambrick (1994): “What if the Academy actually mattered?” Presidential Address published in

AMR, pp. 11-16.

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Parts of the Problem

“… Research articles often give inaccurate information about how researchers developed hypotheses, analyzed data, and drew conclusions. Published articles sometimes report only some hypotheses that researchers tested, or some statistical analyses that researchers made…”

  • A. Schwab & W.H. Starbuck (2017): Bennis & J. O’Toole (2005): “A call for openness in

research reporting: How to turn covert practices into helpful tools,” AMLE, 16, 1-17.

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Entrenched and inter-twined norms, practices and incentive structure at all levels of the business school research eco-system B-school reputation based on faculty publications in journals defined prestigious based on self-referential criteria Within academics, rewards are clear and self-sustaining, but benefits the public are not so clear Pressure to conform – rankings and assessments - hard to change by any one group or any one school – or even one country

Persistent Systemic Institutionalized Problems

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Closed-Loop System

  • “External isomorphic pressures and internal

path-dependent processes have created self reinforcing feedback loops. Inputs from broad society – and the “paying public” – are shut o

  • f this closed-loop system. As several senior

business academics have echoed, this is a self-centred, self-serving, self-feeding process, a form of academic narcissism that parallels the salons of Marie Antoinette.”

  • McKiernan, P. and Glick, W.H. 2017. Why care about imp

EFMD Global Focus, 11 (1), 18-21.

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Cost of Research?

  • Estimated cost of an A-journal article: $400,000
  • Initial estimate from Terweisch & Ulrich (2014)
  • Multiplied by count of articles in 4 and 4* journals
  • Global annual expenditure on business research: ???

11/13/18 7

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Cost of Research?

  • Estimated cost of an A-journal article: $400,000
  • Initial estimate from Terweisch & Ulrich (2014)
  • Multiplied by count of articles in 4 and 4* journals
  • Global annual expenditure on business research: $4+B
  • AACSB global salary survey
  • Average salaries for 30,039 research faculty
  • Assuming 40% faculty time spent on research
  • Extrapolating from 511 reporting schools to the 780 accredi

schools, global annual expenditure: ???

11/13/18 8

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Cost of Research?

  • Estimated cost of an A-journal article: $400,000
  • Initial estimate from Terweisch & Ulrich (2014)
  • Multiplied by count of articles in 4 and 4* journals
  • Global annual expenditure on business research: $4+B
  • AACSB global salary survey
  • Average salaries for 30,039 research faculty
  • Assuming 40% faculty time spent on research
  • Extrapolating from 511 reporting schools to the 780 accredi

schools, global annual expenditure: $3.8 B

11/13/18 9

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Intentional Funding

Tuition Philanthropy Government Research $4B Education

$ $

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Intentional Funding

Tuition Philanthropy Government Research $4B Education

$ $

G&P for Research

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De Facto Funding

Tuition Philanthropy Government Research $4B Education

$ $

G&P for Research

$$$

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Academic Accountability?

Tuition Philanthropy Government Research $4B

Education

$ $

G&P for Research

$$$

Societal Impact

???

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Two Crises in Current Business Research

The Crisis of Relevance (Usefulness)

  • Topics of research distant from practice or the current

challenges in business and society.

  • Publication number and not societal impact as the primary

measure of scholarly success. The Crisis of Integrity (Credibility)

  • Rigorous but unreliable and non-reproducible results.
  • Questionable research practices, threatening research integrity.
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Two Forms of Responsibility

  • To Science
  • Reliable and repeatable discoveries and

findings

  • Credibility dimension of responsible research
  • To Society
  • Knowledge that will contribute to the

development of better business and a better world

  • Usefulness dimension of responsible research
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What if we – or another group of Schools opt to “Do Nothing”?

Falling behind on the educational mission Zero revenue tied directly to research mission when estimated cost of research is $4B Disruptors challenge legitimacy & survival of business schools

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What to do?

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16 senior scholars, 8 deans and 3 institutional supporters 5 business disciplines, 23 universities, 10 countries Collectively, they are:

  • Intellectual leaders of their fields
  • Lead journal editors and association leaders
  • Disciplinarily and regionally diversified

Community for Responsible Research in Business and Management

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Two Core Issues

  • Rigorous but not reliable – non-reproducible results
  • Questionable research practices – threat to integrity

Results - Credible, reliable, trustworthy

  • Topics of research very distant from practices or challenges in business and

society

  • Publication numbers and citation counts as primary measures of success

Knowledge - relevant and useful for practice

“Without … credible research findings, the question of relevance is

irrelevant”

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Vision 2030

“In 2030, business and management schools worldwide are … produc[ing] well-grounded knowledge on pressing problems. Both schools and scholars are committed to the principles of responsibl research… Research has helped … to develop effective systems leading to high economic performance, great innovations, positive employee and customer wellbeing, a clean environment, and strong

  • communities. Many schools have contributed valuable knowledge to

support humanity’s highest aspirations, e.g., poverty alleviation; access to food, clean water, and education; a green environment, gender and social equality; economic growth and fair wealth distribution…”

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Seven Principles of Responsible Research

  • 5. Stakeholder

Involvement

  • 6. Impact on

stakeholders

  • 7. Broad

Dissemination

  • 4. Sound

Methodology

  • 2. Basic and

Applied

  • 3. Pluralistic

and Multi- disciplinary

  • 1. Service

to Society

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Support the Movement, Add Your Voice

  • Visit the RRBM website

http://rrbm.network

  • Endorse the position paper
  • Join the RRBM community
  • Spread the word about RRBM
  • Contribute a blog to share your

personal actions to promote RRBM

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Call to Action

“Responsible research for better business and a better world.”