Stanford Graduate School of Business (MBA) is teaching “Corporate Citizenship,” which is the management philosophy of POSCO, the POSCO said on Feb. 17.
The concept and practical activities of corporate citizenship of POSCO were officially registered as a strategy management case at Stanford Graduate School of Business (MBA) in November last year and have been used in their curriculum, such as “Strategy and Organization,” since January this year.
A total of 600 Stanford MBA students will learn about POSCO’s corporate citizenship practices through various curriculum programs over the next five years. It can also be used in major universities, institutions and companies such as Harvard University, which signed a case sharing agreement with Stanford University.
Lectures will be given by William P. Barnett, the head professor of Stanford Graduate School of Business and a master of corporate evolution theory, who gave an keynote speech online at a special symposium on corporate citizenship that was held in July last year.
Professor William P. Barnett praised POSCO’s corporate citizenship management philosophy, saying, “Given the rapidly rising ESG trend, POSOCO’s preemptive declaration of its corporate citizenship management philosophy and efforts to practice with the creation of a Corporate Citizenship Charter and corporate citizenship practice guide are excellent examples from a corporate evolutionary perspective.”
To use the POSCO as official lecture material, Professor William P. Barnett conducted an in-depth analysis of POSCO’s corporate citizenship implementation process with representative Korean scholars such as Professor Kim Jae-gu from Myongji University, who is the next president of the Korean Academic Society of Business Administration, and Rhee Moo-weon, an Underwood Distinguished Professor at Yonsei University.