Business Schools in a Changing Global World: Best Practice vs. Irrelevant Knowledge?

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

We face a new world with unprecedented global growth and radical innovations, a global environment much different from when business schools were initially created 100 years ago where growth and innovation tended to be linear and very predictable by research and theories. Now we see more and more prominent business leaders that even have no business degrees, represented by well-travelling engineers, scientists, artists, and even musicians. Outside the top well-funded business schools that capitalizing on a brand of long history, which form of class of professional schools among leading universities, with cross appointments in areas like history, economics, psychology, and sociology, and have Centers of Excellence with high critical mass of faculty, most other business schools produce research in journals that management never reads, on issues that border on the metaphysical, and now face rising irrelevance because of brand dilution and talent challenges from fast growth and radical innovations. By proposing a few suggestions for business education and research, we call for more proactive interactions with prominent business leaders, and to encourage their direct participation in the process of business education and research.



McMillan, Charles J. and Chen, Victor Zitian, Business Schools in a Changing Global World: Best Practice vs. Irrelevant Knowledge? (2012). 1st EFMD Higher Education Research Conference, 14th – 15th February 2012, Lorange Institute of Business, Zurich, Switzerland. Available at SSRN:


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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: Here is my list of relevant publications on the topic of my RMIMR weblog: The rss feed for my RMIMR collection is here: Here is my other weblog on impact of research:

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