Business schools: Prepare for the best and worst of times
How will SA schools react to the global trend for business schools to be established by industries or corporations instead of universities
The list of challenges for business schools seems relentless. It includes new technology, reduced funding, changing student profiles, social investment demands, government interference, unemployment, political expedience, societal pressures and international competition.These issues are summed up in a report by the SA Business Schools Association. The result of a two-day scenario-building workshop, the report says schools need "preparedness and resilience" to survive an uncertain future.The concerns listed above are just a sample of those identified by schools.There are broader questions. For example, the report asks how SA schools will react to the global trend for business schools to be established by industries or corporations instead of universities. "[Some of this is] starting to take shape in SA," it says. Not only does this have implications for teaching at SA schools, "it also means that the role of executive education and research will change".Then there’s the fourth indust...
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