The Institute for Business Ethics and Sustainable Strategy (IBES) at FHWien der WKW University of Applied Sciences is a leading national and internationally renowned research centre in the fields of “Business Ethics” and “Strategy”. Urgent issues in ecologically, economically and socially sustainable corporate management are examined against the background of relevant topics such as “globalisation,” “climate change” and “digitalisation”.
A special focus is placed on the areas of “Business Ethics,” “Corporate Governance,” “Strategy & Competitiveness” and “Sustainability Management“. With its work, the Institute for Business Ethics and Sustainable Strategy contributes to a responsible and sustainable transformation of corporate practice.
IBES activities include research, teaching and knowledge transfer. The Institute pursues three concrete goals:
- contribute to international scientific discourse through excellent research projects and publications,
- training of students and future managers to become responsible members of society, and
- knowledge transfer through practical studies and the application-oriented processing of research results.
Excellent research and publications of the highest academic standard
The Institute for Business Ethics and Sustainable Strategy conducts academically rigorous research projects.
The results of the projects are regularly published in internationally renowned journals (e.g. Business Ethics Quarterly, Strategic Management Journal, Journal of Business Ethics) and presented at relevant conferences.
The projects are carried out in cooperation with co-authors from leading international research institutions (e.g. INSEAD, Wharton Business School, University of California, Irvine).
Research-based and application-oriented teaching
The scholars of the Institute for Business Ethics and Sustainable Strategy are responsible for teaching in the fields of “Business Ethics,” “Strategy & Competitiveness” and “Sustainability Management” at FHWien der WKW.
The aim is to offer excellent teaching that provides students with a theoretical foundation of knowledge and at the same time features a strong application focus.
This goal is achieved through both the use of innovative and certified teaching concepts and the transfer of current research results in the individual courses.
Knowledge transfer: Research for application
The institute focuses on application-oriented research. Research results are intended to offer demonstrable added value for companies, organisations and politics and are therefore prepared in an application-oriented manner.
The findings are disseminated to the institute’s stakeholders in the form of practical studies, lectures, workshops, coaching and courses. In addition, the researchers regularly publish articles in transfer journals (e.g. California Management Review, MIT Sloan Management Review) and relevant blogs.
Through various communication channels (events, press, social media), knowledge is made available to a wider audience.
The Institute for Business Ethics and Sustainable Strategy (IBES) sees itself as a hub for research, teaching and knowledge transfer in the fields of “Business Ethics,” “Strategy & Competitiveness,” “Corporate Governance” and “Sustainability Management”. Within the framework of various formats, IBES cooperates with various partners from academia and government, civil society, and industry.
IBES would like to take this opportunity to thank its strong partners for their long-term commitment.
Dynamic changes in the business environment and in society as a whole require global companies to have a heightened sense of responsibility and entrepreneurial thinking on a large scale. And entrepreneurial thinking also means a sustainable way of thinking.
It is therefore a matter of concern to the Kapsch Group to actively support the anchoring of sustainability as a research and teaching discipline in the practice-oriented sciences of FHWien der WKW.
Within the framework of the professorship "Microeconomics of Competitiveness," practice-relevant studies on the competitiveness of Vienna as a business location will be carried out. Our companies benefit from this since a strong location is the basis for successful business.
Manner supports the endowed professorship because the topics "values" and "ethics" also play a central role in our daily business. We want to set an example of how companies with high ethical codes can be competitive in the long term. This is why we are supporting the endowed chair to promote the inclusion of value management and ethics in university education.
We believe that future managers should be shown at an early stage that it is indeed possible to ensure the long-term and sustainable preservation of corporate value by following a code of ethics.
The term "ethics" was coined decades ago and has recently come back into focus in the context of various discussions about conventions and traditions.
Our company has always attached great importance to social ethics ⎯ we focus on human relations both internally and in relation to our customers. And in the implementation of business ethics, transparency and the creation of a win-win situation are two of our key criteria.
Ethics should be firmly anchored in the business world and receive much more attention than it currently receives.
Responsibility is fully integrated into our corporate decision-making processes. Our core values include product and service quality, customer satisfaction, simplicity, consistency and responsibility. For us, long-term business success can only be achieved by taking responsibility for society, nature and the environment.
We have defined the key areas of our sustainable business approach in our Corporate Responsibility Policy. These principles represent a binding framework for action for our employees, business partners and suppliers. An important cornerstone of the policy is the responsibility towards our employees. At Hofer, job satisfaction and professional development, training, recognition and job security are not just empty words.
This is the reason why a partnership with FHWien der WKW is an investment in the future.
Far-reaching changes in the economy and new challenges in the highly charged relationship between entrepreneurial activity and social development require both a genuine paradigm shift and a critical assessment of current values in many areas.
The initiative of FHWien der WKW to include an endowed professorship for corporate governance and business ethics in its academic programme for future managers in order to expand these central approaches is an important step. Its significance for the future cannot be overestimated.
As a responsible property developer, Kallco is proud to support this initiative.
Berndorf AG is a group of companies operating in the metal industry, toolmaking and mechanical engineering. Today, more than sixty members of the Berndorf Group are active as production and service companies in over twenty countries. The company was founded in Berndorf in 1843.
The Berndorf Foundation has the mission of assuming social responsibility.
Berndorf AG and the Berndorf Private Foundation support charitable projects, initiatives and institutions, particularly in the fields of "entrepreneurship," "education" and "culture".
As real estate developers, we have to deal with complex problems with social causes. In these cases, our firmly established values serve as our orientation. Recently however, these values have faded into the background in business life.
This is why it is so important to show students different approaches to business decisions that can and must be made. After all, long-term success can only be achieved in harmony with society and with concern for the individual and the environment.
This is why we are personally committed to making the Endowed Chair of Corporate Governance and Business Ethics an integral part of the academic program.