A Vision for Business Schools Serving People and Planet
Chapter 5: A vision of management education for the world
The 50+20 vision is primarily aimed at those who sense that something is fundamentally amiss with the world, and who realize the need for deep changes in the way we live. Our primary goal is to describe a vision for the transformation of management education, in which the common tenet of being the best in the world is revised in favor of creating businesses that are designed and led to achieve the best for the world. Given that the very foundations of business and management education are critically examined, the vision concerns business, management and leadership education in general. Stakeholders in this landscape include not only business schools, leadership and executive development programs or corporate universities, but also think tanks, business consultancies and vocational training centers. Business schools are – at least in the public eye – key representatives of management education. Substantial material exists which describes how business schools are performing, including increasingly critical voices concerning their performance over the past decade. Interestingly, we find very little available material concerning the wider landscape of management education, in contrast to the wealth of information and critical analyses on business schools.
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