ALSB Strategic Plan

MAY 22, 2012 | Download a PDF of the Strategic Plan

 

CORE VALUES

Law and ethical behavior are foundational to civilized society. Legal studies, an inclusive term that encompasses the diverse ways that law and ethics shape the global environment of business, is an integral part of business education and informs effective and responsible business decisions and managerial behavior.

VISION STATEMENT

The Academy of Legal Studies in Business will be the global leader in creating and disseminating knowledge about the influence of the rule of law and ethical behavior on business, and the Academy will support and encourage excellence in teaching legal studies.

MISSION STATEMENT

The Academy of Legal Studies in Business advances legal studies in business education and is the professional home for legal studies researchers and educators, fostering collegial relationships and productive collaboration with researchers, educators, and organizations throughout the world. The Academy promotes knowledge of law, ethical behaviors, and an appreciation for justice, in research and teaching, so that students better understand the world in which businesses operate and so that business leaders may better understand their relationship with society and the impact of their decisions.

STRATEGIC INITIATIVES

In accordance with its Core Values, to embrace its Mission, and in pursuit of its Vision, the Academy of Legal Studies in Business adopts four strategic initiatives. The Academy will disseminate knowledge in the area of legal studies, advance the discipline of legal studies, support its members and their development, and reach out to our colleagues around the world.

DISSEMINATE KNOWLEDGE

STRATEGIC STATEMENT

An essential function of the Academy is to foster a deeper understanding of the role of law and ethical behavior in business and in society. Research by members of the Academy is of value to business leaders and managers; jurists, legislators, and regulators; and legal and business academics. The Academy will support members’ research and teaching activities and will disseminate research and pedagogical materials.

ACTION ITEMS

o Increase the impact and visibility of the ABLJ and JLSE and publicize members’ research published elsewhere

o Provide varied and meaningful opportunities for the presentation and critique of members’ research

o Expand and enhance teaching resources on the Academy’s Website

ADVANCE THE DISCIPLINE

STRATEGIC STATEMENT

The Academy will advance the discipline of legal studies by enhancing understanding of the importance of legal studies to the development of business leaders and to the teaching and practice of accounting, finance, marketing, management, and other business functions. The Academy will promote new opportunities for research and teaching by creating and disseminating knowledge concerning the role of law and ethics in business decision making and practice.

ACTION ITEMS

o Promote law and legal studies courses in the business curriculum

o Promote expansion of tenure-track faculty positions

o Encourage articles and publicity on the importance of law and ethics to businesses and the business curriculum

o Encourage engagement of Academy members with AACSB through presentations at its conferences and articles in its publications

o Collect and analyze data related to the nature of and trends regarding legal environment and business law courses, content and staffing

DEVELOP and SUPPORT THE MEMBERSHIP

STRATEGIC STATEMENT

Members are the Academy’s most valued resources. The Academy will continue to develop and support members in multiple ways that will provide opportunities for members’ growth and promote excellence in research and teaching.

ACTION ITEMS

o Provide information about the discipline in support of curriculum development and teaching effectiveness

o Disseminate information about research outlets, tenure, and promotion

o Expand the Academy’s membership and its mentoring initiative

o Use technology effectively to improve communication, enhance availability of resources, and foster sustainability

ENHANCE GLOBAL ENGAGEMENT

STRATEGIC STATEMENT

Businesses operate in a global environment with complex legal and ethical standards
and expectations often not defined or limited by boundaries of jurisdiction, geography,
or discipline. The Academy will encourage members to increase engagement with
researchers, educators, and organizations around the globe and will foster participation by
and collaboration with them.

ACTION ITEMS

o Engage globally with researchers and teachers of legal studies

o Provide information to our global counterparts regarding the benefits the Academy offers

o Generate and provide information about international opportunities for Academy members

o Establish opportunities for collaboration among Academy members and colleagues worldwide