1st Edition

The Value & Purpose of Management Education Looking Back and Thinking Forward in Global Focus

Edited By Eric Cornuel, Howard Thomas, Matthew Wood Copyright 2022
216 Pages 256 Color Illustrations
by Routledge

Without a doubt, business schools have been a success story in higher education over the last 50 years (the period of EFMD’s existence). Even so, they have come under scrutiny, and attack, over their academic legitimacy and value proposition for business and society. In this book, drawn from a special issue of Global Focus , the EFMD has selected around 25 of the best, most thoughtful short... Read more

Section 1: The Purpose and Vision of a Business School

1. Why management history matters 

Morgan Witzel 

2. What Does Business Want from Business Schools? 

Sir Richard Lambert 

3. Della Bradshaw Interview 

Della Bradshaw and George Bickerstaffe 

4. Can Business Schools Rescue Business? 

Gerard van Schaik 

5. Does the DNA of Business Schools Need to Change?  

Arnoud De Meyer 

6. The future of business schools: shut them down or broaden our horizons? 

Ken Starkey and Howard Thomas 

Section 2: Business Models and the Paradigm Trap  

7. University Challenge 

Eric Cornuel  

8. The Bologna Effect – The Emerging European Masters Market 

Gordon Shenton and Patrice Houdayer 

9. A Sustainable Model for Business Schools?  

Kai Peters and Howard Thomas 

10. The Business of Business Schools 

Kai Peters, Howard Thomas and Rick Smith 

11. Needed: Academic Triathletes 

Santiago Iñiguez 

12. Assessing Academics’ Performance 

Edeltraud Hanappi-Egger 

Section 3: Rigour-Relevance and Business School Impact  

13. "Scholarly Impact" and the Co-Production Hypothesis 

Andrew Pettigrew 

14. Impact: Is it enough just to talk about it? 

Michel Kalika and Gordon Shenton 

15. Real Learning, Real Impact 

Jean-François Manzoni 

16. How Being Embedded in Our Region Helps Growth 

Thomas Bieger 

17. Creating Impact with Purpose 

Patricia Bradshaw and Erin Elaine Casey 

18. Growing the Impact of Management Education and Scholarship 

Laurent Batsch et al 

19. Reconnecting with the Business World 

Anne S Tsui 

20. Intentional Impact from Business Schools 

Paul Beaulieu 

Section 4: Uncertain Futures and Transformational Change 

21. The Past is Not the Future 

Charles Handy 

22. A Future for Business Education: Why Business as Usual is Bad Business 

Chris Pitelis 

23. The Future is Blended 

Santiago Iniguez 

24. Apply Liberally: Towards a Model of Liberal Management Education 

Howard Thomas 

25. Can They Fix It? 

Jordi Canals 

26. Casting Light in the Shadows 

Johan Roos 

27. Where do we go from here? 

 

Biography

Eric Cornuel is President at EFMD Global.

Howard Thomas was the inaugural Ahmass Fakahany Distinguished Professor of Global Leadership at the Questrom School, Boston University. He is also an Emeritus Professor and former Dean at Singapore Management University and a Senior Advisor at EFMD.

Matthew Wood is Director, Operations and Global Focus Magazine Editor at EFMD Global.