Securing the Future of ME - Competitive Destruction or Constructive Innovation?

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efmdbook2 coverThis new book is the second of two volumes written to celebrate the 40th anniversary of EFMD. Drawing on the very rich data provided by the respondents featured in Volume 1, this work is future-oriented and takes on the theme of change. It provides the reader with a sense of the challenges on the horizon, potential blind spots, and new realities of an increasingly competitive environment.

The current dominant business school model must indeed be re-evaluated. EFMD has been at the forefront of improving management development and the 40th anniversary publications are an important contribution to securing the future of management education. I want to express my sincere gratitude to the authors, the many contributors from the EFMD network and Emerald for making this thoughtful series possible”, said Prof. Eric Cornuel, EFMD Director General and CEO.

The book discusses a range of alternative future scenarios for management education, and urges the field to resist the lures of the dominant paradigm and to develop new models instead. The authors contend that, given the challenges ahead, it is only through transformations and innovations that the future of the field can be secured.

The authors examine some interesting possible future scenarios for management education. The debates about how management education should transform itself will become more heated and insistent. This book examines and confronts all the issues which will emerge in those debates, while offering potential maps for the rough journey in prospect” says John Wheatcroft - amongst others - in his book review.

The book’s seven chapters provide a comprehensive overview of the ways in which management education will progress – or will fail to do so. The chapters deal with

  1. Success and failure in management education emerald logo
  2. Lessons not learned in management education
  3. Ongoing challenges confronting management education
  4. Future scenarios for management education
  5. Conjectures: the road travelled and the road less travelled
  6. Blind spots, dominant logics, tipping points and critical issues for the future: Unfolding gaps
  7. Uncertain futures: What should business schools do now?

Additionally, the authors identify several barriers to change and identify three major triggers for change in funding issues and the sustainability of the current financial model, competition and business school leadership. You can obtain all details from Emerald Publishing. This EFMD book is also on Amazon, where a Kindle version is available.