Hardback
The Future of Business Schools
Purpose, Action, and Impact
9781800889217 Edward Elgar Publishing
Are business schools on the wrong track? For many years, business schools enjoyed rising enrollments, positive media attention, and growing prestige in the business world. However, due to the disruption of Covid-19, many previously ignored issues relating to MBA programs resurfaced. As a result, MBA programs now face lower enrollments and intense criticism for being deficient in preparing future business leaders and ignoring essential topics like ethics, sustainability, and diversity and inclusion. The Future of Business Schools discusses these issues in the context of three critical areas: complexity, sustainability, and destiny
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Critical Acclaim
Contributors
Contents
More Information
Are business schools on the wrong track? For many years, business schools enjoyed rising enrollments, positive media attention, and growing prestige in the business world. However, due to the disruption of Covid-19, many previously ignored issues relating to MBA programs resurfaced. As a result, MBA programs now face lower enrollments and intense criticism for being deficient in preparing future business leaders and ignoring essential topics like ethics, sustainability, and diversity and inclusion.
The Future of Business Schools discusses these issues in the context of three critical areas: complexity, sustainability, and destiny. How do we prepare students for a new and complex world, how can business schools focus on the planet's sustainability, and how will they shape a better future for everyone? The chapters present views and suggestions of business school professors, researchers, and leaders from different contexts and countries as well as ideas for business school stakeholders, on topics from program structures, course content, and teaching materials to research topics. In addition to examples of innovations, there are tools offered to help universities navigate complexity and prepare for uncertainty.
The material will assist business school faculty, staff, and administrators as well as professionals, policymakers, and organizations in identifying new directions for business schools in this evolving field.
The Future of Business Schools discusses these issues in the context of three critical areas: complexity, sustainability, and destiny. How do we prepare students for a new and complex world, how can business schools focus on the planet's sustainability, and how will they shape a better future for everyone? The chapters present views and suggestions of business school professors, researchers, and leaders from different contexts and countries as well as ideas for business school stakeholders, on topics from program structures, course content, and teaching materials to research topics. In addition to examples of innovations, there are tools offered to help universities navigate complexity and prepare for uncertainty.
The material will assist business school faculty, staff, and administrators as well as professionals, policymakers, and organizations in identifying new directions for business schools in this evolving field.
Critical Acclaim
‘In a timely volume, Professors Baldegger, El Tarabishy, Audretsch, Kariv, Passerini, and Tan have demonstrated that the future of business schools is now. Business schools can and should play a critical role in economic and talent development worldwide, and this book shows us the path forward. Filled with strategic and operational insights, this is a book useful for all internal and external business schools stakeholders, including students, faculty, university leaders, alumni, governments, policymakers, and society at large.’
– Herman Aguinis, The George Washington University School of Business, US
– Herman Aguinis, The George Washington University School of Business, US
Contributors
Contributors: W. Amann, M. Boutary, V. Budinich, H. Cairns-Lee, P.G. Davies, A. de Tonnac, A. El Tarabishy, R. Feola, E. Fröhlich, I. Gabarret, M.J. Harrison, N. Hubbard, L. Huxtable-Thomas, M.D. Juszczak, A. Karlshaus, W. Khlif, W. Krings, M.K. Naatus, R. Palmer, K. Passerini, K. Pon, G. Probst, F. Pucciarelli, D. Purg, F. Raine, F. Rattalino, N. Saliba-Chalhoub, C. Schmitt, M. Schweitzer, N.R. Sharpe, M. Somers, A. Staniewicz-Stanusch, K.J. Sund, S. Tripathi, F. Venuti, P. Walker, D. Wells, L. Zizka
Contents
Contents:
Foreword xvii
Marc Gruber
Foreword xix
Louis Jacques Filion
Introduction to The Future of Business Schools 1
Rico Baldegger
PART I SENSEMAKING IN BUSINESS SCHOOLS:
NAVIGATING COMPLEXITY AND
PREPARING FOR UNCERTAINTY
1 Building the business schools of the future with a strong
focus on practical wisdom for a VUCA world 14
Wolfgang Amann, Agata Stachowicz-Stanusch and Shiv Tripathi
2 Post-COVID-19 future of hybrid education:
internationalization, inclusion, opportunities 27
Mary Kate Naatus, Katia Passerini, Kevin Pon and Mark Somers
3 Expanding and renewing teaching and learning: towards
Global Studies 40
Nicole Saliba-Chalhoub and Christophe Schmitt
4 A new call for Business Schools: breaking out of the paradox loop 52
Martine Boutary and Wafa Khlif
5 Designing disruptive-innovative business schools 69
Werner Krings, Michael Harrison and Roger Palmer
6 The case for enterprise risk management in business education 93
Norean R. Sharpe, Nancy Hubbard and Paul L. Walker
PART II POSSIBLE FUTURE OF BUSINESS
SCHOOLS WITHIN THE CONTEXT OF THE
SUSTAINABLE DEVELOPMENT CHALLENGE
7 Shaping the new normal: business schools as an enabler
for promoting a sustainable world – the example of CBS
International Business School, Germany and IEDC Bled
School of Management, Slovenia 110
Elisabeth Fröhlich, Anja Karlshaus and Danica Purg
8 Healing a hurt generation with humane entrepreneurship
and creativity 129
Ayman El Tarabishy and Rosangela Feola
9 System changers – for a new era of value creation 147
Valeria Budinich, Fernande Raine and Diana Wells
10 Partners in learning 167
Heather Cairns-Lee and Alisée de Tonnac
PART III PERFORMANCE OF BUSINESS SCHOOLS:
RECENT TRENDS, VIEWS ON PERTINENCE
AND USE OF MANAGEMENT EDUCATION
11 The manager of the future will either be resilient and
empathetic, or not at all! 181
Inés Gabarret and Marcela Schweitzer
12 How do Business Schools interpret business values? 196
Paul G. Davies and Louisa Huxtable-Thomas
13 Bridging the gap: from instruction to co-construction in
higher education 211
Gaby Probst and Laura Zizka
14 The imminent computational MBA degree 227
Mark Darius Juszczak
15 Is higher education hybrid-ready or not? An open call for
business schools’ ongoing dual transformation 246
Francesca Pucciarelli, Francesco Rattalino and Francesco Venuti
16 Looking to the future: will male students underperform in
the business school (too)? 261
Kristian J. Sund
Index
Foreword xvii
Marc Gruber
Foreword xix
Louis Jacques Filion
Introduction to The Future of Business Schools 1
Rico Baldegger
PART I SENSEMAKING IN BUSINESS SCHOOLS:
NAVIGATING COMPLEXITY AND
PREPARING FOR UNCERTAINTY
1 Building the business schools of the future with a strong
focus on practical wisdom for a VUCA world 14
Wolfgang Amann, Agata Stachowicz-Stanusch and Shiv Tripathi
2 Post-COVID-19 future of hybrid education:
internationalization, inclusion, opportunities 27
Mary Kate Naatus, Katia Passerini, Kevin Pon and Mark Somers
3 Expanding and renewing teaching and learning: towards
Global Studies 40
Nicole Saliba-Chalhoub and Christophe Schmitt
4 A new call for Business Schools: breaking out of the paradox loop 52
Martine Boutary and Wafa Khlif
5 Designing disruptive-innovative business schools 69
Werner Krings, Michael Harrison and Roger Palmer
6 The case for enterprise risk management in business education 93
Norean R. Sharpe, Nancy Hubbard and Paul L. Walker
PART II POSSIBLE FUTURE OF BUSINESS
SCHOOLS WITHIN THE CONTEXT OF THE
SUSTAINABLE DEVELOPMENT CHALLENGE
7 Shaping the new normal: business schools as an enabler
for promoting a sustainable world – the example of CBS
International Business School, Germany and IEDC Bled
School of Management, Slovenia 110
Elisabeth Fröhlich, Anja Karlshaus and Danica Purg
8 Healing a hurt generation with humane entrepreneurship
and creativity 129
Ayman El Tarabishy and Rosangela Feola
9 System changers – for a new era of value creation 147
Valeria Budinich, Fernande Raine and Diana Wells
10 Partners in learning 167
Heather Cairns-Lee and Alisée de Tonnac
PART III PERFORMANCE OF BUSINESS SCHOOLS:
RECENT TRENDS, VIEWS ON PERTINENCE
AND USE OF MANAGEMENT EDUCATION
11 The manager of the future will either be resilient and
empathetic, or not at all! 181
Inés Gabarret and Marcela Schweitzer
12 How do Business Schools interpret business values? 196
Paul G. Davies and Louisa Huxtable-Thomas
13 Bridging the gap: from instruction to co-construction in
higher education 211
Gaby Probst and Laura Zizka
14 The imminent computational MBA degree 227
Mark Darius Juszczak
15 Is higher education hybrid-ready or not? An open call for
business schools’ ongoing dual transformation 246
Francesca Pucciarelli, Francesco Rattalino and Francesco Venuti
16 Looking to the future: will male students underperform in
the business school (too)? 261
Kristian J. Sund
Index
