How would you describe the work of business schools? Most people go straight to the teaching. Business schools teach business and management through a wide range of degree programs and executive education, helping learners to build and navigate careers as managers. Those more familiar with the industry add that business schools conduct objective and rigorous research to inform practicing managers and policy makers, as well as support teaching. In short, business schools develop skills, insights, and opportunities for organizations and the people who manage them.
Education reform should be high on the agendas for governments and societies in both developed and developing economies. Business schools and universities are stubbornly resistant to change, often due to resistance from multiple stakeholders including faculty. With a rapidly decreasing half-life of knowledge, education has to be retooled to become affordable, effective and flexible. This will help our alumni to smoothly transition from one job to another and make education a nimble, lifelong endeavor. The GBSN community, as an engaged group of business school leaders should strive to take a leading role in helping our alumni (especially women and minorities) transition effectively across jobs and create satisfying careers for themselves.
Indian Institute of Management Udaipur (IIMU) officially opened in 2011 as part of the network of IIMs which have established a global reputation as premium management institutions over the course of more than 50 years. IIM Udaipur operates from a 300-acre campus in the Balicha area of Udaipur with state of the art classrooms and other facilities.
I much enjoyed reading a recent book by a former GBSN colleague and friend, Jim Dean, and his co-author Deborah Clarke: “The Insider’s Guide to Working with Universities. Its tag line: Practical Insights for Board Members, Business people, Entrepreneurs, Philanthropists, Alumni, Parents, and Administrators.” This core of the book – as far as I know the first of its kind – explains to very senior non-academic people, especially corporate CEOs who become presidents, deans, trustees and such, of academic institutions how universities differ from businesses, and what makes them tick. My favorite quote: “From 1948 to 1953 former Supreme Commander … Read More
I was invited to participate in the World Economic Forum’s (WEF’s) Annual Meeting of the New Champions which was held in early July in Dalian, China. Also, I was pleased to be part of a high profile launch of the Global Innovation Index in New Delhi on 24th July. I will use this blog to share some of my reflections from these two professional engagements.
Returning to China after a gap of some months is always interesting as the country seems to continue to change at a fast pace. I had taken part in several prior editions of the WEF’s Annual Summits in China and it is interesting to see how the WEF China Summit has now become focused exclusively on technology and innovation. This is not surprising per se as China’s rise in the technology domain is now recognized by many.
Much attention has been given to how business schools in emerging economies can develop the quality and relevance of their teaching and research programmes, acknowledging the huge potential such development would unlock for those economies and the world. Some of this attention has, understandably, focused on researchers and the need for them to improve the scope and quality of their publications so that they ‘rank’ alongside those from developed economies.
Institutional Profile Universitas Gadjah Mada Indonesia www.ugm.ac.id Dean: Eko Suwardi, Ph. D. GBSN Ambassadors: Kusdhianto Setiawan, Ph. D., Vice Dean for Assets, Finance & Human Resources and Prof. Mahfud Sholihin, Ph. D., Vice Dean for Academics and Student Affairs Accreditations: AACSB and National Board Accreditation With its 5500 students ranging from undergraduate, master, and doctorate program, FEB UGM has 13 study programs which covers 3 programs: Accounting, Economics, and Management. FEB UGM states its vision “to be the leading faculty of economics and business in Indonesia by rising to international challenge” and its mission as “Enriched by our vibrant international … Read More
What if we took a group of high performing managers from Canadian paper mills and placed them in the Hawassa Industrial Park in Ethiopia. Would they succeed? Regardless of whether you answered yes, no, or maybe, your responses to questions like this one can reveal a lot about the work we’re doing at the Global Business School Network (GBSN). Since we were created by the World Bank 17 years ago, our vision has been for the developing world to have the management talent it needs to generate prosperity. We want to achieve that vision by “improving access to quality, locally relevant management and entrepreneurship education for the developing world.” As my experience grows with GBSN, so does my respect for the local relevance part of our mission. Here are three ways that we are prioritizing local relevance in our work.
The present-day business community calls for digital-savvy, problem-solving graduates. Today’s digital generation of learners and busy working professionals desire flexibility, convenience and real-world relevance. Business schools have had to adapt to meet these needs. GBSN member, The Open University is dedicated to offering a flexible higher education, accessible to students anywhere in the world. Since its beginnings over forty years ago, The OU has pioneered distance learning – and now its pioneering all over again with use of digital technology.
For a third year GBSN Member, The Open University Business School hosted two faculty fellows from Strathmore University and the Narxoz Business School. Dr. Ainura Kaldarova from Narxoz Business School in Kazakhstan recently visited the OU after successfully applying through the Global Business School Network (GBSN) faculty fellowship. This offers academics from institutions in developing countries the opportunity to learn about the OU’s approach to distance and online learning. Here Ainura recalls her month-long stay in Milton Keynes as an International Fellow.