The Business School of the Future

Reveals how the era of virtual technology and a more liberal attitude in classical academic institutions heralds the arrival of a better kind of business school.

Peter Lorange (Author)

9781108429719, Cambridge University Press

Hardback, published 21 November 2019

288 pages
23.5 x 15.6 x 1.6 cm, 0.44 kg

'Business schools have been one of the great success stories of the last fifty years and Peter Lorange has played a central role in this success as a world-leading academic, dean and industrialist. This book is a timely reminder that change happens to all sectors and business schools need to continue to adapt and reinvent themselves to remain relevant and fit for purpose in the next decade.' Eric Cornuel, CEO of EFMD

Facing questions about the status and legitimacy of business schools, many of the world's leading institutions are now experimenting with new business models. In The Business School of the Future, former president of International Institute for Management Development (IMD), Peter Lorange reveals how the era of virtual technology, and the shift away from conservatism in classical academic institutions, heralds the arrival of a new kind of accessible and scalable business school. Drawing on his expansive and expert experience as a professor, leader and founder of academic institutions across the US and Europe, Lorange discusses the pedagogical and bureaucratic aspects of education and includes five case studies of institutes practicing the cutting-edge approaches discussed in the book (CEIBS, IMD, Singapore Management University, IE Madrid and Hult). This guide to designing the business school of the future, incorporating industry innovations, will appeal to business school deans, educators, policymakers and commentators.

Foreword
1. Why are business schools generally so static, and why is new knowledge needed?
2. Evolution of the conventional business school
3. The faculty and the dean/president
4. Modern pedagogy and managing resources
5. Research, marketing, and connecting
6. Innovations and a change culture
7. Eight cutting-edge dilemmas and strategic projects
8. Emerging business models: network organizations for business schools
9. The future: a new context, and what we might expect
10. Eight case examples
Appendix A
References.

Subject Areas: Business & management [KJ], Educational strategies & policy [JNF]