Business Schools in a Changing World: Who Creates Best Practice and Knowledge Management?

1st EFMD Higher Education Research Conference, 14th – 15th February 2012, Lorange Institute of Business, Zurich, Switzerland

24 Pages Posted: 13 Nov 2012 Last revised: 5 Apr 2015

Date Written: 2012

Abstract

Business Schools face an environment with unprecedented global growth and radical innovations. Today, global business leaders come from multiple backgrounds, represented by well-traveled engineers, scientists, artists, and even musicians. Outside the Top-20 well-funded business schools, mostly located in America, capitalizing on a brand of a long history, mostly affiliated with leading universities, with cross appointments in areas like history, economics, psychology, and sociology, other business schools produce research in journals that management never reads, on issues that border on the metaphysical, and now face rising irrelevance because of brand dilution and talent challenges from fast growth and radical innovations. By proposing a few suggestions for business education and research, this paper calls for more proactive interactions with prominent business corporations to encourage their direct participation in the process of business education and research.

Keywords: business research, business education, business school

JEL Classification: M00, M1

Suggested Citation

McMillan, Charles J. and Chen, Victor Zitian, Business Schools in a Changing World: Who Creates Best Practice and Knowledge Management? (2012). 1st EFMD Higher Education Research Conference, 14th – 15th February 2012, Lorange Institute of Business, Zurich, Switzerland, Available at SSRN: https://ssrn.com/abstract=2175064

Charles J. McMillan

York University - Schulich School of Business ( email )

4700 Keele Street
Toronto, Ontario M3J 1P3
Canada

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