The cultural conservatism of contemporary business schools

Dear Reader

this time I share with you a paper, which might look a little bit old fashioned and abstract, as it consists of merely text.

Executive MBA in a modern Business SchoolClick and download the article

The purpose, however, ist quite interesting, as the piece is to examine and question aspects of the culture of the modern business school, and to investigate the possibilities for a more student oriented, more responsive, more flexible and performance-driven culture.

Business School “Old School”

In short, the paper is a critical discourse on the cultural conservatism of contemporary business schools, analysing the impediments to change, and examining the transformation
in the business education market and among students, that demand greater responsiveness.

Modern Business SchoolWhat are the needs of a modern, flexible business school?

Don’t you also think that the seismic changes occurring in technology and social practices beyond the business school are impelling business schools to adapt and become more agile?

This article provides insights into how a more flexible and responsive business school would operate and engage students. It delivers moreover a fresh assessment of where the business schools are, and where they will have to go to continue to engage the changing demands of business and managers.

Thank you for studying it and – share it!

Yours,
Peter Lorange

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Which business school would you choose?

Dear reader

Which business school do you prefer: a modern or a traditional one? One, that might lack the patina of grandeur or one that adopts to contemporary, even future-minded needs?

I am convinced, that speed and agility are increasingly essential and the old stability-based managerial approaches are less appropriate. This relates to both curriculum changes and faculty responsiveness to new topics, new research and new competencies. Business schools will need to be more proactive and even abandon some of the old approaches.

modern business schoolsThe business school of the future must meet the needs of both students and economy

Thus, the traditional functional and discipline-based curriculum design is becoming increasingly outdated. The need for disciplinary focused academic departments and discipline focused (so called A-Journal) research may be diminishing.

There needs to be a quick response to these changing needs. However the move away from embedded academic traditions to a multidimensional, multidisciplinary teaching and research approach may be very difficult to implement under the current consensually-based academic governance mechanisms.

Students are being realistic about the need to prepare themselves as well as possible for the difficult job market.

Which business school, do you think, are they going to choose? At the Lorange Institute of Business we are developing and continuously introducing new pedagogic approaches. We want to meet the needs of the students and the economy.

New Business Models and the Changing Contexts of Business SchoolClick the image to download the article or to read as PDF in your browser

Read and share the article I wrote together with Jagdish N. Sheth and Howard Thomas.

Kind regards,
Peter Lorange