The Business School in the Twenty-First Century :Emergent Challenges and New Business Models

Publication subTitle :Emergent Challenges and New Business Models

Author: Howard Thomas; Peter Lorange; Jagdish Sheth  

Publisher: Cambridge University Press‎

Publication year: 2013

E-ISBN: 9781107273139

P-ISBN(Paperback): 9781107013803

Subject: F2 Economic Planning and Management

Keyword: 经济计划与管理Economic Planning and Management

Language: ENG

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The Business School in the Twenty-First Century

Description

Questions about the status, identity and legitimacy of business schools in the modern university system continue to stimulate debate amongst deans, educational policy makers and commentators. In this book, three world experts share their critical insights on management education and new business school models in the USA, Europe and Asia, on designing the business school of the future, and how to make it work. They look at how the business school is changing and focus in particular on emergent global challenges and innovations in curricula, professional roles, pedagogy, uses of technology and organisational delineations. Set within the context of a wider discussion about management as a profession, the authors provide a systematic, historical perspective, analysing major trends in business school models, and reviewing a wealth of current literature, to provide an informed and unique perspective that is firmly grounded in practical and experimental analysis.

Chapter

Business schools and business education as a social construction process

Differences between Asian, European and US business schools

Institutional differences

Competitive differences

Social capital differences: reputation effects and brand loyalty

Summary

The business school's identity, legitimacy and positioning

Conclusion

References

2 Business school identity and legitimacy: its relationship to the modern university and society

Introduction

The university and its critics

Impediments to change and liberalisation

Inflexible academic structures

The modern university is typically built up around an axiomatical structure

The missing balance between research and teaching

Too many committees and red tape

Slow pedagogical progress; too little curriculum innovation

Too little top-down articulation of strategic direction

Explosion in student numbers

The business school and its critics

The business school is a socialisation mechanism

The business school emphasises shareholder capitalism

The business school does not provide a clear sense of purpose, morality and ethics with respect to its role in society

The business school focuses on analytics and does not develop wisdom, interpersonal and leadership/managerial skills

The business school produces ineffective, self-referential (but not useful) ideas and research; it is seen as irrelevant

The business school embraces scientific rigour at the expense of other forms of knowledge

The business school lacks academic respectability, legitimacy and professional identity

The business school has pandered to the business school rankings and has become too responsive to the consumer voice

Tensions between business schools and traditional universities

Business school identity

Business acceptance in the university

Business school autonomy

Business school governance

Business school administration

Re-imagining, re-evaluating and rethinking the modern business school

Conclusion

References

3 Rethinking management education and its models: a critical examination of management and management education

What is management and what should be the content of management education?

What is the content of management education?

What are the challenges and key forces driving change in management education?

Key forces driving management education

Impacts and implications of demography and demographic change

Impacts and implications of technology

Impact and implications of globalisation

Globalisation, emerging markets and the growth of management education

Ageing population in advanced countries

Local educational options and non-traditional competition

Inclusive distance learning education

Summary

Impacts and implications of entrepreneurial enterprise

Competitive forces and dynamics for business schools

Corporate universities

Faculty as competitors

University alliance programmes

Non-traditional competition

Rethinking the business school model

The Lorange Institute of Business model for management education

Introduction

Moving from 'me' to 'we'

The right direction

A new paradigm

The brand

Faculty

A meeting place

Cutting-edge innovation

Modular programme structure

Programme offerings

The business organisation - no bureaucracy

Integration across axiomatic divides

Summary

Making it work

'Constructive' innovation

Conclusion

References

4 A framework for re-evaluating paradigms of management education

Introduction

The Sheth model framework

Broadening the market and the mission: the stakeholder perspective

Building selection and development value: how to enhance selection value

How to augment development value

Enabling non-linear transformation

Exogenous factors in selection and development

Accreditation

University governance

External funding

Technology advances

Growth of emerging markets

Public/private partnerships

Conclusion

Transformational change

A stakeholder perspective

Student selection

References

5 Evaluating new and innovative models of management education

The Mintzberg IMPM (International Master's Program in Practising Management) model: a practising manager's model

The Haas/Berkeley dynamic capabilities model

The Rotman design thinking model

Ideas from highly ranked schools: Stanford, Yale and the Jain/Stopford programme for a global curriculum

The Open University 'blended learning' model

The early distributed learning model

The practice-based model

'Blended learning' and learning communities: how to incorporate new social and digital media

The focused innovation model: UC San Diego

The 50+20 project: management education for the world

The Starkey knowledge model

The network model of Lorange

Summary observations about new models and the changing context of business schools

A set of guidelines for revising the modern business school´s `modus operandi´

References

6 Is the business school a professional service firm? Lessons learned

Introduction

Context, controversy and business schools

Professional service and knowledge-intensive firms

Is the business school a professional service firm?

Organisational structure

Research insights

Knowledge intensity

Low capital intensity

Professionalised workforce

Summary and Conclusions

References

7 Enhancing dynamic capabilities in the business school: improving leadership capabilities in curricula and management

Introduction

Capability review (CR) models and processes

Introduction

CR models: overall design and structure

Leadership

Strategy

Performance delivery

Model evaluation: strengths and weaknesses

Dynamic capabilities and management education

Introduction to resource-based and dynamic capabilities approaches

Dynamic capabilities and curriculum changes in business schools

Curricula designs in practice: the dynamic capabilities approach

Leadership and dynamic capabilities

Leadership capabilities in the business school context

Leadership and leadership characteristics

Leadership roles, styles and change

Leadership training

Some emerging dynamic capabilities of the business school of the future

Greater faculty differentiation

New competitors

Finances

References

8 Afterword: business school futures

Business model

Globalisation

Reference

Index

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