Dean Garth Saloner on why business schools must change if they are to serve their students and society well.
February 5, 2013, EFMD's Global Focus Vol 7, issue 1 - "The business of change" (lead article)
Founded seven years ago in Dublin, Ireland, Camara (camara.org) has established e-learning centres that have provided digital literacy services to some 450,000 children in poor communities in 1,650 schools in Africa, Ireland and the Caribbean. The organisation has installed over 35,000 computers and trained more than 5,000 teachers to use the technology for learning purposes.
Another alumni, Jane Chen (MBA 08) (wikipedia), is cofounder and CEO of Embrace, a non-profit company that has developed a low-cost portable baby incubator. The incubator Embrace sells uses a gel-like liquid that can be heated in boiling water and inserted into the back of a modified infant sleeping bag, which keeps a baby’s body temperature at a constant 37 degrees. Today, these baby incubators cost less than $200 – about 2% of the cost of a traditional incubator – and are saving lives in India, Africa and beyond.
The latest issue of Global Focus leads with Stanford GSB’s Garth Saloner on why business schools must change if they are to serve their students and society well. Other highlights include: The sustainable business; Towards a coherent portfolio of quality; Growing talent in growth countries; Globalising students; No pyramids in China; Fit for purpose: Putting sustainability into practice in a business school; Rise of the dragons; What alumni want; African futures; Progressive teaching ensures business school competitiveness; The Social Contract with Business: implications for the MBA; Languages and communication: a new challenge for management education.