The poor state of many businesses today is leading to a huge scrutiny on business schools, as providers of business personnel within organisations. Many are of the belief that business organisations have failed in their mandate to help mitigate some of society’s most pressing economic, social, human and environmental problems. In consequence of that, the searchlight has been thrown on business schools for not offering the needed education that could ensure the expected societal transformation. A major concern, though, is that today’s business and management graduates lack much knowledge and experience that can help them to realise their potential, and also ensure they make positive contributions to the three pillars of sustainable development: social well-being, economic stability and ecological integrity. The chapter explores how business schools can capture the essence of these by seeking the perspectives of students and university leaders.