Vol.08 Issue 02 – ’14

EFMD & Business: Making Real Progress in Sustainable Development

EFMD is proud to announce the publication of The Sustainable Business: Resource-Life Extension, the newest addition to its portfolio of sustainability based education and training materials. Available as a free download for businesses and business schools, this latest volume of application exercises is the second workbook in the series and is designed to walk participants…

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The Great Transformation

Richard Straub on why, with gigantic changes in society, managers will be of pivotal importance for shaping the future. We are at the beginning of a set of gigantic changes in society –for better or for worse. The future is open; nobody knows what it will hold. One thing we know says Richard Straub: on…

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WU’s New Campus Building the Future

A spectacular new campus reflects the venerable Viennese university’s commitment to the future says Eva Male. What should the university of the future look like? What tasks is a modern business and economics university expected to fulfil? And what functions does an urban campus need to perform today? These were the questions WU (Vienna University…

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Innovation in Action

John North and Anders Aspling detail the work of the first GRLI Management Education Innovation Cohort. In May 2013 a group of deans and directors of business schools and corporate learning and development specialists met at EFMD’s Brussels headquarters drawn by the question: how do we drive change towards management education that serves a world…

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Uncertainty & the “Entrepreneurial Mindset”

How do you teach students to become entrepreneurs? Rickie Moore, who does just that, shares some ideas. An entrepreneurial revolution is sweeping the globe. It is reported that 90% of all jobs today are created by entrepreneurs. If anything, it is entrepreneurs more than the central banks and governments that have kept the global economy…

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Rethinking Enterprise

Philippe de Woot, in an article based on his latest book, argues that economic actions based on ethical and political dimensions are increasingly essential. If there is a key trend in our time it is that of the progress of science and technology. This trend has become a steamroller whatever the vagaries of history and…

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Developing an International Brand

Most business schools will say they are international. Are they really? Andrew Crisp and Joanne Hession provide a checklist for both schools and potential students. The recent CarringtonCrisp major study “See the Future” reported that 68% of respondent students are interested in studying abroad while 89% of all managers and directors agree that “good business…

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Quality Street – The Sweet Side of Accreditation

Gaining accreditation (and maintaining it) is a tough business. But Julie Perrin Halot and Rachael Weiss argue that it provides its own long-term rewards. The business school race for accreditations shows no sign of losing momentum. On the contrary, the number of schools entering their first accreditation process remains steady and those embarking on the…

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Where & How for Exec Ed?

Jan Ginneberge analyses the results of an EFMD survey into the current and likely future state of executive education. This article focuses on the trends and positioning of the three main stakeholder groups in executive education: learning and development organisations; consultancies and other alternative providers; and business schools as revealed by an EFMD survey. Revenues…

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Error Management: Not just a wing and a prayer

Jan Hagen suggests that the aviation industry’s open approach to identifying and resolving errors could be applied to many other sectors. The financial markets crisis began in 2007 and unfolded with increasing severity. At the time, we were dumbfounded that big-name banks had taken such disproportionately high risks with their structured securities. Many of us…

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Warm Memories of the Winter School

The EFMD(ESMU) HUMANE Winter School is designed to develop the leadership potential of senior administrators in business schools and universities. Nadine Burquel looks back at its first 12 years. When the European Centre for Strategic Management of Universities (ESMU) and the Heads of University Management and Administration Network in Europe (HUMANE) launched their Winter School…

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How many business schools does it take to change the world?

Danielle Steele and Liane Weitert describe how six business schools from around the world have joined forces to make the idea of applied interaction a reality. In 2010, Dr Pierre Tapie, former Dean of ESSEC Business School in Paris, France, questioned what role business schools were playing in solving some of the world’s pressing societal…

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Innovation for Growth

Stefan Schepers explains how the High Level Group on Innovation Policy Management is designing a new approach for European innovation. The High Level Group on Innovation Policy Management (HLG), a unique public-private partnership, comprising top-level representatives from European Union Member States, the European Commission, the European Council, business and academia, was launched in December 2011.…

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