Mid-sized companies and business schools are compromising growth by not working closer together

See on Scoop.itDual impact of research; towards the impactelligent university

The Business Schools Task Force, which produced the report, was chaired by Professor Sue Cox, Dean of Lancaster University Management School. The Task Force was set up by the Government in November 2011 to report on options for improving access to appropriate courses and promoting links between mid-size businesses, business schools and students.

 

 

The report recognises that there is a lot of good work already being done, but issues a call to action saying that more must be done to help mid-sized companies – firms that have been described as the “muscles” of the economy, by Business Minister Michael Fallon.

Practical steps

 

The report sets out a number of practical steps to help improve how business schools and the 10,000 mid-sized companies in the UK work together to support growth, improve company management and develop courses that are attractive to local firms.

 

Recommendations from the report include:

Business schools should actively target mid-sized firms, offering them taster sessions and tailoring their courses to the needs of their local mid-sized businesses.

 

Mid-sized companies should work with their local business school to examine their management practices and look at how they could be improved.

 

Business schools should promote careers in mid-sized companies to their students, and should encourage speakers from mid-sized firms to come and speak at their schools.

 

Mid-sized businesses should be involved in the management and advisory boards of business schools to ensure that the voice of local firms is heard.

 

The Task Force is made up of business school leaders and business representatives. It was set up to examine how business schools from across the country could support and improve the management of the 10,000 mid-sized firms in Britain. The report was commissioned by the Government as part of the mid-sized business growth review.

 

Fulltext:

http://www.bis.gov.uk/assets/biscore/further-education-skills/docs/b/12-1290-business-school-mid-sized-business-collaboration.pdf

 

See on www.lums.lancs.ac.uk

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About Wilfred Mijnhardt
RMIMR is my virtual playground, a place to reflect on issues from my professional context, my job as Policy Director at Rotterdam School of Management, Erasmus University (RSM). RSM is the international university based business school at Erasmus University Rotterdam. More info here: www.rsm.nl Here is my list of relevant publications on the topic of my RMIMR weblog: http://www.mendeley.com/collections/694621/RMIMR-Repository/ The rss feed for my RMIMR collection is here: http://www.mendeley.com/collections/rss/694621/ Here is my other weblog on impact of research: http://www.scoop.it/t/dualimpact

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