The Value & Purpose of Management Education by Cornuel, Eric; Thomas, Howard; Wood, Matthew;

Short description:

Drawn from the EFMD Global Focus, this impressive collection of insights from business management leaders from across the globe is inspiring reading on the future of management education.

Long description:

Without a doubt, business schools have been a success story in higher education over the last 50 years (the period of EFMD’s existence). Even so, they have come under scrutiny, and attack, over their academic legitimacy and value proposition for business and society. In this book, drawn from a special issue of Global Focus, the EFMD has selected around 25 of the best, most thoughtful short papers published in Global Focus to examine the role and purpose of EFMD in the evolution of management education.

Each of the chapters interpret current strategic debates about the evolution of business schools and their paradigms and also identify possible strategic options for handling uncertain, volatile futures. These papers can be broadly categorized into four consistent themes: the first theme is concerned with the purpose and value proposition of management education; the second theme focuses on a perceived need for new business models and how to design and build them; the third theme addresses the question of the impact of the business school on business and society given the increasingly academic pursuits of business schools and their often weak links to the business community – the so-called rigour/relevance dilemma; and the fourth theme concerns how to ‘map’ and design business school futures in an increasingly volatile, uncertain, complex and ambiguous crisis-oriented environment.

This impressive collection of insights from business management leaders from across the globe is inspiring reading for higher education leaders, policy makers and business leaders seeking insight into the future of management education.

The Open Access version of this book, available at http://www.taylorfrancis.com, has been made available under a Creative Commons Attribution-Non Commercial-No Derivatives 4.0 license.

Table of Contents:

Introduction: Looking Back, Thinking Forward 2. Why management history matters (Morgan Witzel) 3. What Does Business Want from Business Schools? (Richard Lambert) 4. Della Bradshaw Interview (Della Bradshaw and George Bickerstaffe) 5. Can Business Schools rescue business? (Gerard van Schaik) 6. Does the DNA of business schools need to change? (Arnoud De Meyer) 7. A future for business education: why business as usual is bad business (Chris Pitelis) 8. University challenge (Eric Cornuel) 9. The Bologna Effect – The Emerging European Masters Market (Gordon Shenton and Patrice Houdayer) 10. A sustainable model for business schools? (Kai Peters and Howard Thomas) 11. The business of business schools (Kai Peters, Howard Thomas and Rick Smith) 12. Needed: Academic Triathletes (Santiago Iñiguez) 13. Assessing academics’ performance (Edeltraud Hanappi-Egger) 14. Scholarly impact and the co-production hypothesis (Andrew Pettigrew) 15. Impact: is it enough just to talk about it? (Michel Kalika and Gordon Shenton) 16. Real learning, Real impact (Jean-François Manzoni) 17. How being embedded in your region helps growth (Thomas Bieger) 18. Creating impact with purpose (Patricia Bradshaw and Erin Elaine Casey) 19. Growing the impact of management education and scholarship 20. Reconnecting with the business world (Anne S Tsui) 21. Intentional impact from business schools (Paul Beaulieu) 22. The past is not the future (Charles Handy) 23. The future of business schools: shut them down or broaden our horizons? (Ken Starkey and Howard Thomas) 24. The future is blended (Santiago Iniguez) 25. Apply liberally: Towards a model of liberal management education (Howard Thomas) 26. Can they fix it? (Jordi Canals) 27. Casting light in the shadows (Johan Roos) 28. Where do we go from here?