Vol.07 Issue 03 – ’13

Planting the Seeds of Change

Lea Stadtler and Gilbert Probst describe how the Ethiopia Commodity Exchange came into being and the lessons it holds. Complex societal challenges transcend the capacities of a single organisation and even those of a single sector. Such challenges call for innovative, collaborative approaches, require modifications in our management education systems and pose new research needs.…

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More EQUAL than Others?

The European Quality Link (EQUAL) is one of the less wellknown bodies in which EFMD is involved but is also one of the most innovative and long-standing. Irina Sennikova explains its role. EQUAL (or the European Quality Link to give it its full title) may be new to many recent members of EFMD and other…

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Soft Skills in the Business and Personal World

George Pennington provides a psychologist’s perspective on why training in soft skills is vital for business (and personal) life. In a 2008 survey the German Chamber of Commerce asked employers which were the most important skills future employees should be conversant with. The results of the survey were remarkable (see Table 1 opposite). Of the…

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ACE Project Offers New Opportunities

The new EFMD-backed Alliance of Chinese and European business schools (ACE) offers increased opportunities for mutual understanding and co-operation says Martine Plompen. There is a new kid on the management education and development block. At the end of May this year (2013) 20 leading business schools came together to create the Alliance of Chinese and…

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Walking the Talk: Managing a Management School

It is one of the oldest and most common complaints – management schools are great at giving good advice to others but themselves rarely practise the management skills they preach. But it can be done. Loick Roche and Sabine Lauria explain how. Back in 2007 Robert Sutton, professor of management science at the Stanford Engineering…

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Accreditation – How to Get it Right

María Helena Jaén outlines how to make the accreditation process as pain-free and rewarding as possible. Why should our business school be accredited? Deans in developing countries often ask this question. The cost is high, staff must be assigned and faculty motivated. It takes a good deal of time, money and effort. What do we…

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The IMPM Innovations and Teaching Approach

The International Masters in Practicing Management (IMPM) programme is 18 years old but continues to be seen as one the world’s most innovative senior management degree programmes. Leslie Breitner and Dora Koop explain how the programme has retained its freshness for so long. The premise behind the International Masters in Practicing Management (IMPM) is different…

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PhDs and DBAs: Two Sides of the Same Coin?

Laura Maguire, Elena Revilla and Angel Diaz look at the differences (and even more the similarities) between the traditional PhD programme and the newer Doctor of Business Administration. In recent years there has been increasing criticism about how relevant PhD research is to the real needs of industry. At the same time, we are witnessing…

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The Disappearing Classroom

Michael Desiderio describes how new technology is knocking down the walls of the Executive MBA. Expectations of today’s business leaders are higher than ever, including the intense pressure to make profits appear in less time with fewer resources. So when they turn to a business school or similar to bolster their leadership knowledge and help…

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Coping with Complexity

Personal resilience is an increasingly necessary tool to face the stress of a complex work environment. Fiona Dent and Viki Holton describe what it is and how to attain it. Organisational life today demands more from individuals and is far more complex than in previous decades. While modern (and indeed historical) business life has always…

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Moving on from Rio

Last year’s Rio+20 UN summit may have been something of a disappointment but there were still some significant and positive outcomes say Anthony Buono, Jean-Christophe Carteron and Matthew Gitsham. A little over a year ago, roughly 50,000 people – government leaders, corporate executives and civil society groups including NGOs, youth movements and higher education institutes…

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Preparing Leaders for Tomorrow’s Businesses

The world is changing so fundamentally that business leaders who act as if the old rules still apply will find themselves and their organisations side lined or overtaken completely. However, say Thomas Malnight and Tracey Keys, those who adapt to this new world will be well placed to make the most of the opportunities it…

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The Future is Out There

Andrew Crisp reports on a major new study that explores the future challenges facing business schools. Turmoil is probably too strong a word but “uncertain” may not be strong enough to describe the landscape that business schools are operating in today. Much has been written and many conference speeches given about the impact on business…

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Employers Still in Love with MBAs

Management education is increasingly valued by companies worldwide, according to the 2013 Corporate Recruiters Survey. Christophe Lejeune and Michelle Sparkman Renz report. There are huge risks to hiring someone without having a good understanding of what they bring to the table in terms of core skills, creativity, tech-savviness, work experience, and preparedness for leadership roles.…

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