Enduring Community Value: Tracking and mapping the flow of money from mines
The Enduring Value of Business Education
Transcript of The Enduring Value of Business Education
The Enduring Value of Business Education
Dipak C. JainPresident (European), China Europe International Business School (CEIBS)
October 23, 2018
2
• Knowledge Creation
• Knowledge Dissemination
• Knowledge Certification
Mission of Business Schools
3
An “Evolving” Mission
Knowledge Monetization
Knowledge is becoming more commercial
• Technology enables individual entrepreneurship…and team collaboration• Global competition for talent and ideas• New revenue potential for the institution
4
Evolution of Business School Education
Academic Rigor, Business Relevance and Social
Significance
Academic Excellence (Rigor)
Business Practice (Relevance)Focus
Business Ethics, Sustainability and CSR
Analytical
ModelsJudgment & IntuitionDecision Making
Inputs
Experiential Global LearningAnalytical FrameworksCase Studies
Pedagogical
Tools
2000 and beyondLate 1960s to late 1990sUp to mid 1960sTime Period
5
Key Issues Facing Business Schools
• Core Competitiveness• Differential Advantage• Disruptive pedagogical models
Business schools face pressures related to:
6
Business School: Points of Differentiation• Today, there are 16,536 business schools worldwide (according
to AACSB data as of March 2017).
• Brand reputation and differentiation–on global stage–a challenge
• Mid-tier private schools being ‘sandwiched’ most, while public schools and top private schools remain either ‘value for money’ and ‘value for brand’*
(* Trouble in the middle, Economist, 15 Oct 2011)
8
Leadership: Global Traits
• Ability to anticipate
• Courage to deal with ambiguity
• Proficiency in adapting to cultural diversity
Knowledge comes from analysis, wisdom comes from synthesisConnecting the “dots”
9
Business Leadership
1. Beyond Business Business, Society and Environment
2. Beyond Success Success with Significance
3. Beyond US and Europe Developed and Emerging Markets
4. Beyond Classroom On-line and Blended Learning Models
Move Beyond Conventional Boundaries of Thinking