Education as a sector has proven stubbornly resistant to change. Despite significant progress in technology, classroom instruction remains largely unchanged from decades ago. While students have rapidly adopted social media, online collaboration and learning tools are poorly utilized in most courses. While the consumerization of other slow-to-change sectors such as healthcare is in full swing, educational technology systems remain cumbersome to use and are far from the ease of use and embedded customer focus seen in online leaders such as Amazon and Netflix. The big data and analytics revolution is sweeping multiple sectors, yet education operates in an environment characterized by poor data and the rare use of analytical tools. It is no surprise that educational institutions today are under pressure to both improve the effectiveness of learning outcomes and to provide more personalized learning delivery in a cost effective manner.
Given the enormous reach and impact of global corporations, it is quite clear that corporate leaders have a big role to play in shaping the world of tomorrow. If we are to solve the problems of ecological destruction, staggering inequality and chronic poverty, business leaders must become messiahs of change, championing and directing their companies’ journey to create an equitable and sustainable world.As educators, we need to ask ourselves what role business schools should play in this journey towards corporate sustainability. What type of business school curriculum can help produce future corporate leaders, who have the courage and the empathy to make a difference in the world?If we introspect a little, we can see that business schools today have become simply an extension of corporate hiring departments. Rather than being centers of thought leadership, which encourage managers to think, to question business models, and to derive meaningful paths for themselves, business school curriculum seems to simply reflect corporate hiring priorities. Clearly, there is an urgent need to completely rethink business education, particularly in a world where poverty and inequality persists.
The Global Business School Network is pleased to announce the acceptance of two new member schools: HEC Montreal in Canada and the Goa Institute of Management in India. The network now consists of 73 members in 40 countries. The Mission of the Goa Institute of Management (GIM) is to create knowledge & nurture leaders for sustainable business and an inclusive society for India and the world while maintaining strong & ongoing commitment to Goa. As a leading business school in an emerging market, GIM is concerned about issues that are important to developing countries. GIM joins GBSN with the belief … Read More
The latest in a series of corporate venturing (CV) studies from IESE Business School examines how much autonomy CV units need to create the most impact BARCELONA, Spain–(BUSINESS WIRE)–Feb 22, 2019– IESE Business School in collaboration with consultancy firm BeRepublic released today a new study on how companies can best maximise the impact from corporate venturing – the increasingly popular practice of large firms collaborating with start-ups in an effort to increase innovation. The study Open Innovation: Balancing the autonomy and impact of your corporate venturing unit, is based on over 120 interviews with chief innovation officers and those in … Read More
Many family businesses are transitioning into the complex process of a new generation of leaders. Their success and continuity depend on the leadership effectiveness of those at the top. This program is designed to address the multifaceted dynamics of family business and establish a foundation for long term business success, that safeguards the legacy of founders and family values. The American University in Cairo (AUC) School of Business (BUS), Babson College and the International Finance Corporation (IFC) are launching this joint program to enhance family business leaders’ abilities to leverage the intrinsic strengths of their family enterprises and to implement … Read More
GBSN Member, The Open University Business School hosted two faculty fellows from Strathmore University and the Asian Institute of Management. The fellows were Dr. Wilfred Manuela, Asian Institute of Management and Ian Wairua, Strathmore University. The two of them stayed at the university for 6 weeks during November and December of 2017. This is a guest blog from fellow Ian Wairua. Ian Wairua is a Lecturer at Strathmore University in Nairobi, Kenya. Ian Wairua is a master’s holder in Information Systems, and a Bachelors owner of Education in science. He is the Current Vice- Chairman and Founding Secretary-General of the Association of … Read More
Marking its first year to reach 100 schools, the Financial Times has released its 2018 rankings of masters of management. According to the FT, the 100 institutions surveyed included programs from 27 countries with more than 30,000 enrolled students. GBSN member schools, the University of St. Gallen, HEC Paris and ESSEC Business School, dominate this year’s rankings by making the top 5. This marks the 8th consecutive year the University of St. Gallen’s Master’s in Strategy and International Management Program has ranked 1st. HEC Paris’ has been ranked 2nd for the 5th consecutive year. ESSEC Business School moves up one position … Read More
Congratulations to the Open University Business School, United Kingdom, University of St. Gallen, Switzerland, Nova School of Business and Economics (Nova SBE), Portugal, and Universidad de los Andes, Colombia for being re-accredited by EFMD EQUIS. The University of St. Gallen holds both the EFMD EQUIS and AACSB accreditation. The university has been EQUIS accredited since 2001 and AACSB accredited since 2003. The Open University Business School, Nova School of Business and Economics (Nova SBE) and Universidad de los Andes all hold the triple crown accreditation from EFMD EQUIS, AACSB and AMBA. Click here to learn more about EQUIS
The Financial Times recently published its 2017 Global MBA rankings, rating 156 Business schools who entered the competition. In order to be considered the school must be accredited by AACSB or Equis and meet other entry criteria. Finally the best 100 schools were ranked according to the different criteria and the weighting of those. Part of the criteria was an alumni survey of graduates from three years ago, therefore the programs had to be four years old. At least 20% of the alumni needed to participate in the survey about average salary, income increase and more. All salaries and expenses … Read More