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Passionate leadership leads to better social outcomes

23 Jan 2014

The University of Sydney Business School's ground-breaking MBA programs aim to demonstrate that passion in business is not only about maximising shareholder value, according the Associate Dean, Management Education, Professor Richard Hall.

With the Business School about to enrol its second MBA cohort, and its fifth Global Executive MBA cohort Professor Hall, said that great leadership can also focus on achieving a wide range of social and environmental goals.

The Global Executive MBA's commencing module on leadership will begin this year with an address by former international finance lawyer and investment banker Andrew Penfold.

Mr Penfold is now the CEO of the Australian Indigenous Education Foundation (AIEF) and was recently appointed to Prime Minister Tony Abbott's 12 member Indigenous Advisory Council.

"Andrew has demonstrated that outstanding leadership qualities can be applied equally to revenue generation and to a valuable social endeavour such as improving the quality of life and opportunities of Indigenous Australians through education," Professor Hall said.

"Furthermore, he fully grasps the transformative power of education and that concept is also central to our MBA programs," Professor Hall added. "For this reason, we are very keen to have him address our students."

The AIEF is a private sector led non-profit organisation focused on empowering Indigenous children through a quality education at Australia's leading schools and universities followed by a career with a leading company.

The foundation offers scholarships to boarding schools and residential university colleges and intensive career support that equips students with the tools to "unlock their potential and pursue dreams".

"Education has always been the key to human progress, irrespective of race, colour or creed," Mr Penfold said at the time of his appointment to the Prime Minister's Indigenous Advisory Council. 

"If we are serious about addressing Indigenous inequality we've got to make sure kids go to good schools," he concluded.

The Global Executive MBA program will resume in early February.