The AACSB's 2013 Standards which focus on engagement, innovation and impact require accredited B schools to be more engaged with our stakeholders, innovative in our teaching, research and services, and ensure our actions and activities have positive impact to our stakeholders. The question is how does your School identify, record and measure these? Is it cost benefit for the Schools to capture these details just for the accreditation exercise?
The following paper could be interesting. Please share your views and thoughts
http://enewsline.aacsb.edu/embracing-disruption-through-engagement-and-innovation.asp