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The Globalization of and Emerging Developments in Management Education

The Globalization of and Emerging Developments in Management Education. NeXt Conference on The Implications of Integration for Globalization: Transnational Entrepreneurship April 30, 2008. Regional Perspectives.

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The Globalization of and Emerging Developments in Management Education

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  1. The Globalization of and Emerging Developments in Management Education NeXt Conference on The Implications of Integration for Globalization: Transnational Entrepreneurship April 30, 2008

  2. Regional Perspectives • Similar pressures on Business Schools around the world responding to an increasingly globalized business community • Globalization of professions • Accountants (IFRS, IFAC) • Finance (global markets) • Resulting in similar trends and emerging developments in Business Education around the world

  3. Recurrent Themes • Innovation and Entrepreneurship • Seeking the future–based business economy • How do you teach Innovation? • How do you find relevant internship experiences? • Integrated business program – with Global perspective • Graduates highly sought after by Multi-National employers • How do you achieve in highly structured Academic institutions? • Concurrent Work Learning • Graduates effective first day on the job • Finding appropriate opportunities is a full-time job

  4. Recurrent Themes (cont’d) • International Exchange • Mis-match of academic calendars and standards • Financial support – incoming or outgoing? • Selection of Academic and Corporate partners • How do you attract appropriate International Faculty? • Connection with Business • Mandatory to ensure a relevant graduate • Requires a positive Value Proposition • First crack at our best students • Opportunity to influence research • Donation / Marketing opportunity

  5. The Dean’s Dilemma • Faculty acceptance and stretching a thin resource • Market confusion associated with new programs • The Spectre of ‘Commercializing the Business School’ • Global organizations take time and energy • Financial cross-subsidization • Government policies / public funding • Governance • Be careful what you wish for!

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