MACMILLAN The Future of Management Education: Volume 1: Challenges facing Business Schools around the World

This book discusses the new challenges facing Business Schools around the world with potential scenarios that may be envisioned for 2030 and strategies for stakeholders. Based on documented descriptions of competitive dynamics in the ‘business’ of business schools in a variety of countries, the authors highlight the fact that the ‘industry’ of management education is going through major changes such as new governance and business models, mergers and acquisitions, internationalization of faculty and students coexisting with entrenchment in local markets, ever more needs for financial resources, development of distant and blended learning, and increasing pressure for research output to boost rankings. With concerns surrounding the sustainability of current trends in faculty salary inflation, social acceptability of higher fees, cost of distance learning and the risk of an academic-industry divide around knowledge produced by management research, The Future of Management Education develops an analysis of business models and institution regulation. The two volumes cover the context of Business Schools in ten countries and grapples with the challenges they currently face. They specifically discuss foresight scenarios and strategic implications for stakeholders (Deans, faculty, students, prospective students, alumni, local businesses, corporations, government, accreditation bodies). From the Back Cover This book discusses the new challenges facing Business Schools around the world with potential scenarios that may be envisioned for 2030 and strategies for stakeholders. Based on documented descriptions of competitive dynamics in the ‘business’ of business schools in a variety of countries, the authors highlight the fact that the ‘industry’ of management education is going through major changes such as new governance and business models, mergers and acquisitions, internationalization of faculty and students coexisting with entrenchment in local markets, ever more needs for financial resources, development of distant and blended learning, and increasing pressure for research output to boost rankings. With concerns surrounding the sustainability of current trends in faculty salary inflation, social acceptability of higher fees, cost of distance learning and the risk of an academic-industry divide around knowledge produced by management research, The Future of Management Education develops an analysis of business models and institution regulation. The two volumes cover the context of Business Schools in ten countries and grapples with the challenges they currently face. They specifically discuss foresight scenarios and strategic implications for stakeholders (Deans, faculty, students, prospective students, alumni, local businesses, corporations, government, accreditation bodies). About the Author Stéphanie Dameron is Professor of Strategic Management at Paris Dauphine University, France, where she runs the Chair “Strategy and Competitive Intelligence”. She has been a Board member of Paris Dauphine University since 2012 and a member of the Supervisory Board of the ESSEC business school since 2016. Professor Dameron is the former chair of the French Academy of Management (2012-2014) and previously held the positions of Associate Editor of the British Journal of Management (2011-2015) and Associate Editor of the European Management Review in 2014. She was elected as Program chair of the Strategic Management Society’s Strategy Practice Interest Group in 2014. Thomas Durand is Professor and Chair of Strategic Management at Cnam Paris, France. Professor Durand is a Fellow of the European Academy of Management (Euram), founding member of the European Institute for Technology and Innovation Management (EITIM), former president of both the International Association of Strategic management (AIMS) and the French Society of Management (SFM). He has published extensively in business strategy and innov