Our purpose is for the developing world to have the management and entrepreneurship talent it needs to generate prosperity.
Economies and societies grow on the success of organizations that create meaningful jobs, increase wealth and well-being, and generate innovations to improve society. These organizations are created by resourceful entrepreneurs and run by competent, responsible leaders and managers. Our role at GBSN—the reason why we exist—is to ensure that the developing world has the management talent (leaders, managers, and entrepreneurs) it needs to generate prosperity.
- Is important across organizations of all types, from micro-enterprises to multinationals, start-ups to state-owned enterprises, franchises to family businesses and religious congregations to internet giants. The work of leaders, managers, and entrepreneurs also transcends industries and functions as well as borders and generations.
- Our purpose means increasing access to quality education and development. The tasks of strategizing, organizing, planning, creating and getting things done with and through other people are not reserved for an elite corps.
- Requires local relevance. Management is largely influenced by the context in which organizations operate. The business environment, especially policy and regular, culture, and economic conditions vary dramatically across borders, and can be especially challenging in the developing world.
- Calls for generating new knowledge about how to lead and manage organizations in the developing world. There is still so much that we don’t understand about business and management in developed economies, much less lesser developed ones.
- Our Purpose goes well beyond wealth creation and economic development. Growth in the developing world must not be at the expense of equality and environmental degradation. Leadership and management must address critical issues and challenges for society as well as businesses.
Experts say that management is getting more challenging and requires lifelong learning. Flatter organizations offer less formal authority. Rapidly changing technologies mean that experience does not guarantee competence.
Creating and managing businesses and other kinds of organizations can be especially challenging in the developing world, where secondary education is often weak, institutional frameworks are undeveloped, and the environment is especially uncertain and dynamic.