The EFMD business magazine

The EFMD business magazine

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Latest issue

Vol18. Issue 1

The latest issue of Global Focus delves into the dynamic landscape of business education, with topics ranging from internationalisation trends to the impact of AI on learning, the role of alumni in university development,
societal impact and a positive future for management education.

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Latest issue

Vol18. Issue 1

The latest issue of Global Focus delves into the dynamic landscape of business education, with topics ranging from internationalisation trends to the impact of AI on learning, the role of alumni in university development,
societal impact and a positive future for management education.

From the vault

Published in  Vol.06 Issue 03 ’12 & Vol15. Issue 02 ’21

What does business want from business schools? The answer is: “exactly what it has always wanted” – great graduates and relevant ideas. But the qualities required of those graduates and the nature of the ideas that are of most interest to business are both changing radically. As a result, tomorrow’s business leaders are going to need a new set of skills to handle these challenges.

Published in Vol03. Issue 3 ’09 & Vol15. Issue 02 ’21

The first modern business school, set up for the purpose of teaching managers to do their jobs efficiently and effectively, was established by the East India Company in 1805, 104 years before the founding of Harvard Business School. When we look at any of the great monuments of the past, we at once find evidence of managers, people whose role was to motivate and guide the efforts of others so as to get things done.

Published in Vol03. Issue 3 ’09 & Vol15. Issue 02 ’21

The first modern business school, set up for the purpose of teaching managers to do their jobs efficiently and effectively, was established by the East India Company in 1805, 104 years before the founding of Harvard Business School. When we look at any of the great monuments of the past, we at once find evidence of managers, people whose role was to motivate and guide the efforts of others so as to get things done.

Topics

The traditional “business model” of business schools is being challenged in fundamental ways. This relates to what education is offered and how, what role knowledge generation will play in the future, to what extent business and societal impact will become the other side of the “research coin”, and, finally, what type of faculty and staff will be needed to successfully way-find into the future of the business school. We are rather at the beginning of a new era of higher education that will elevate the ambition of management education to an unforeseen level, in alignment with the technological and socio-economic disruptions that are reconfiguring the role of business organisations in bringing purpose and value to their stakeholders. In this context, the emergence of the ecosystem as a novel form of organising and delivering business school activities will play a central role.

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