Disrupt Or Be Disrupted

In the past twenty-five years, dramatic marketplace transformation, technological advances, and globalization have led to completely new ways of interacting, sharing, learning, and doing that challenge the very core of graduate management education. Responding to today's challenges while balancing relevance, value, and reputation will require business school administrators to engage in unprecedented amounts of strategic thinking, creativity, stakeholder engagement, and interpersonal effectiveness. But to a troubling degree, some business school activities still seem relatively impervious to change. Disrupt or Be Disrupted: A Blueprint for Change in Management Education describes the diverse ways in which schools can meet the challenges confronting graduate management education. Disrupt or Be Disrupted outlines the formidable challenges that face the leaders of graduate management education¿including financial pressures, shifts in student origin and age, and more¿offering evidence-based solutions designed to help position graduate business schools for the future. The authors look, for instance, at specific examples of different business schools' financial models and discuss how a school might be able to change its financial model, and what the advantages might or might not be. And they attempt to answer such key questions as: Is the typical curriculum of today's MBA programs meeting the needs of organizations and society as we move further into the 21st century? How much and what kinds of engagement does a management school want to encourage? And why does this type of education even matter? Since the 1960s, business schools and graduate management education have made impressive advances overall and have introduced many constructive changes. Despite these accomplishments, critics abound, and the need to make fundamental changes in graduate management education is the central theme in these critiques. How to get from here to the future is the overriding issue and is addressed throughout this book.