This book is a collection of essays written by some of the major names in management education (Eric Cornuel, Howard Thomas, Arnoud De Meyer, James Fleck, Kai Peters, David Wilson, and Peter Lorange).
It looks at the reasons behind business schools wishing to internationalize, how social media is having an impact on how business schools work, challenges some of the criticisms thrown at business schools and also looks at how sustainable the current model is within the industry. Like other books in this EFMD collection, it is a thought provoking read for all stakeholders in higher education. Continue reading
Despite a few prestigious universities having been around for several centuries, such as Cambridge, Oxford, Harvard, and the like, universities are, to some extent, a 19th century phenomenon, originally with the model created by Humboldt in Germany. In fact, the massification of higher education is a post WWII phenomena. Up until that time, only a small percentage of the population was able to go to university. Today, higher education represents 1% of world GDP.
Commissioned by EFMD and Emerald, this book is an analysis of thirty-nine interviews of key stakeholders in management education. It sets out some of the major issues and talking points, taking the reader through the history of management education to ongoing challenges. Many of these issues are not new, such as the role and value of research, the relevance of teaching done in the classroom, and links to the corporate world. Criticisms of business schools have been ongoing over the past ten years, most notably from within the industry. In 2005, Chris Grey of Warwick Business School argued that they have become just finishing schools for elites to prepare them for well-paid positions in finance and consulting.
The financial crisis has led to a whole range of institutions and ideas being brought into question. One of them is the research university. In a 2011 Global Focus article, Kai Peters and Howard Thomas argued that the current model of universities is unsustainable. Effectively, universities spend too much to doing things that are not resource producing. At the recent AACSB ICAM Annual Conference 2013, Ted Synder, Dean at Yale University, reiterated this view. Western universities are effectively pricing themselves out of the market, he claimed. This book is a counter argument to such claims. Continue reading
It was a great pleasure to welcome Bertrand Guillotin, International Programs Director at the Fuqua School of Management, Duke University to Grenoble EM in November. During his time at the school we were able to make a short video in which Bertrand talked about life at Duke. Having studied and worked in both France and the USA, he was also able to share his insights into and the differences between French and American styles of teaching and learning.
Filed under Business Schools, Careers, Exchange study programs, Higher Education, International studies, Internships, Management, MBA, News, Rankings, Study Abroad, USA
The Halo Effect gives an excellent insight in to how we make judgments about people, organizations and strategy. It is a must read for any manager or strategy student.
Filed under Book Review, Business, Corporate responsibility, Entrepreneurship, Finance, Innovation, Leadership, Management, MBA, Psychology, Rankings, Research, Strategy, Technology
Last week a group of young researchers at the Shanghai Jiaotong university were busy compiling the 9th version of the Academic Ranking of World Universities. This was first compiled in 2003 and was greeted like a bombshell in France as well as in several other countries.
The 2012 once again confirmed the supremacy of American universities where more than half of the top 100 being from the USA. 9 years on the winners are….the USA (though with warning signs), China, Australia, New Zealand and Saudi Arabia. And the losers? Japan, Germany and perhaps India.
Top 500 2003-2012 Ups and Downs
A disappointing silver medal
This week an American athlete twittered that getting coming second just meant that you were the best of the losers. It is easy to understand his disappointment. Most silver medalists will have begun their completion thinking that they had a realistic chance of walking away with gold. Their emotions will have no doubt been mixed as they stood listening to the national anthem of another nation.
From Victoria Komova of Russia (Gymnastics) to India’s Vijay Kumar (Shooting) to Ryosuke Irie of Japan (Swimming), there was a certain air of sadness as they received their silver reward for all those years of work. Even Michael Phelps had a glum look after he received his silver medal in Men’s 200m Butterfly (despite being the Olympic’s most successful competitor). The Australian press is currently lamenting the poor performance of the nation despite having won 12 silver medals (but only two gold).
The 2012 Olympic Games begin today in London and there will be much talk over the coming weeks of the dedication and talent of the winners. Though none of us as yet know the names of the gold medalists of each event, one thing is certain, a lot of extremely gifted and hardworking individuals will return to their countries with nothing more to show than their participation in the games. Does this make them losers? Of course not. Continue reading
I am very grateful to one of my international students for sharing this wonderful quote from a New Zealand business woman. It was during a class a fortnight ago and we were discussing entrepreneurship and why only 1% of European business school graduates create their own company immediately upon graduating. One of the reasons, said some of the class members, was the obsession with competitive exams and rankings and thus the overall fear of failing. The quote makes you reassess what exactly “success” and “failure” really are. Continue reading