A Brave New World for Management Education

Santiago Iñiguez, Dean of Instituto de Empresa.

Next week, coinciding with the Davos Forum, will take place the EFMD Deans & Directors Annual Conference.

This is an annual event that gathers the largest international representation of business school deans. On this occasion the host is the Rotterdam School of Management (Erasmus University, Netherlands). Certainly, it is an conference that should not be missed by the chief executives of management education institutions.

This year, the theme of the conference is "Facing Strategic Options". The rationale behind this theme is that strategy is about choosing between the different available options and rejecting those opportunities that are not consistent with each business school’s mission and resources. This topic was discussed previously in an exchange between Peter Lorange, President of IMD, and I in this blog.

I have the honour of speaking at the opening plenary session of the conference jointly with my colleague Ted Snyder, Dean of the Chicago Graduate School of Management. We will be talking about what choices are available for business schools in an increasingly global education sector. The major tenet of my presentation is that management education is changing in terms of its business model, not undergoing a change of cycle. This, I believe, has decisive consequences for the strategies of business schools and for the decisions that deans have to make in the future.

Tags(clickable): EFMD, RSM, GSM, Business School