Media Release

November 5, 2008

Ivey professor wins prestigious faculty pioneer award from Aspen Institute
Tima Bansal lauded for academic leadership and contributions to business sustainability

LONDON, ON, November 5, 2008 - Tima Bansal, Associate Professor, Richard Ivey School of Business, will be named the 2008 Faculty Pioneer for Academic Leadership by the Aspen Institute Center for Business Education (Aspen CBE) at a reception tonight in New York City.

The esteemed Faculty Pioneer Awards, dubbed the "Oscars of the business school world", will be announced at Ernst & Young's corporate headquarters and recognize MBA faculty who have demonstrated leadership and risk-taking in integrating social and environment issues into academic research, educational programs and business practice.

One of the few researchers exclusively committed to sustainability research, Bansal's work has resulted in numerous articles and research grants. She also pioneered the integration of sustainability into business education at Ivey, making it the first major business school in Canada to introduce sustainability into the core MBA curriculum.  

Bansal has further inspired sustainability curriculum development and cutting-edge scholarship among others as director of Ivey's Centre for Building Sustainable Value - one of four key research centres under Ivey's Cross-Enterprise Leadership strategy. Her contributions to the Centre have been invaluable in building the profile of sustainability among faculty and students. 

And, as founder of the Research Network for Business Sustainability at Ivey, a network that connects researchers, teachers and practitioners to leverage research to facilitate business sustainability, she is changing the way sustainability research impacts practice. 

"Tima has shown great leadership in curriculum development and design and innovative scholarship in sustainability. I can not think of a more deserving person than Tima to be chosen for this award in the academic leadership category," said Larry Wynant, acting Dean, Richard Ivey School of Business. "The School is extremely proud of Tima for her initiatives in encouraging sustainability and for her influence on students who are tomorrow's educators and knowledge creators. We are honoured she is being awarded for her efforts." 

Other 2008 Faculty Pioneer Award winners include: 

-        Lifetime Achievement - David Baron (Stanford University)
-        External Impact - Simon S.M. Ho (Hong Kong Baptist University)
-        Institutional Impact - Nicole Woolsey Biggart (University of California)
-        Rising Star - David W. Hess (Ross School of Business, University of Michigan)
-        Ashoka Award for Social Entrepreneurship Education -James E. Austin (Harvard Business School) 

"At a time of turbulence and change in our economy and society, these remarkable individuals are helping prepare future business leaders to meet the challenges of creating both successful and socially responsible businesses," said Rich Leimsider, director of the Aspen CBE. "Through cutting-edge research in areas ranging from executive compensation, social entrepreneurship and moral motivations for firms to stakeholder influence and the governance of public pension funds, these faculty award winners are helping focus attention on, and foster discussions about, the creation of a sustainable society." 

For more information on the Faculty Pioneer Awards and on this year's award winners, please visit

About The Aspen Institute's Center for Business Education

The Aspen Institute Center for Business Education (Aspen CBE) equips business leaders for the 21st century with the vision and knowledge to integrate corporate profitability and social value. We offer business educators targeted resources to incorporate issues of social and environmental stewardship into their teaching, research and curriculum development and to share cutting edge practice among peers. As part of the Aspen Institute Business and Society Program, Aspen CBE maintains close ties with over 100 MBA programs in 23 countries.

About the Richard Ivey School of Business, The University of Western Ontario
The Richard Ivey School of Business at The University of Western Ontario ( offers undergraduate (HBA) and graduate (MBA, Executive MBA and PhD) degree programs in addition to non-degree Executive Development programs. Ivey has campuses in London (Ontario), Toronto, and Hong Kong. Ivey recently redesigned its curriculum to focus on Cross-Enterprise Leadership - a holistic issues-based approach to management education that meets the demands of today's complex global business world.


For more information, please contact:  

The Aspen Institute
Linda Lehrer,
Communications Director
(212) 895-8002
Dawn Milne,
Communications Specialist