The unfulfilled promise of management education (ME): The role, value and purposes of ME

Purpose: This paper aims to review the evolution of management education primarily over the last 50 years and seeks to identify the challenges and lessons learned in management education and to assess the potential for change. To gain insight into these issues the authors draw on the perspectives of...

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Main Authors:	Howard Thomas, Lynne Thomas, Alex Wilson
Format:	Default Article
Published:	2013
Subjects:	Other commerce, management, tourism and services not elsewhere classified Business models Competition Faculty Globalisation Information technology Leading business schools Management education Opinion leaders Stakeholders Business and Management not elsewhere classified
Online Access:	https://hdl.handle.net/2134/18544
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id	rr-article-9504200
record_format	Figshare
spelling	rr-article-95042002013-01-01T00:00:00Z The unfulfilled promise of management education (ME): The role, value and purposes of ME Howard Thomas (7197551) Lynne Thomas (7197554) Alex Wilson (1252392) Other commerce, management, tourism and services not elsewhere classified Business models Competition Faculty Globalisation Information technology Leading business schools Management education Opinion leaders Stakeholders Business and Management not elsewhere classified Purpose: This paper aims to review the evolution of management education primarily over the last 50 years and seeks to identify the challenges and lessons learned in management education and to assess the potential for change. To gain insight into these issues the authors draw on the perspectives of around 40 key individuals from academia, professional bodies, media, business and students. Design/methodology/approach: The content of the paper is based upon a qualitative analysis of around 40 two-to-three hour interviews of key global players in the management education field. Findings: The key stakeholders in management education are identified as students, business and employers respectively. But in terms of relative stakeholder influence faculty, business and students are the top three influencers. Faculty represent the supply-side whereas business and students represent the demand side of management education. There is evidence that higher tuition fees may increase the power of students and business relative to faculty. The individuals who have had the greatest influence on management education are academics such as Mintzberg and Drucker rather than business school deans or administrators. Institutions such as INSEAD, IMD and Harvard have had the greatest influence. The main issues and challenges identified in Management Education include information technology, globalisation, the role of faculty, competition and business model performance. Few game changing innovations in curricula have occurred in management education raising the question of how change will occur in the future. Originality/value: There are few in-depth, open-ended interview studies of key participants in the field of management education. It adds insights to a range of more reflective literature studies from writers such as Khurana, Mintzberg and Pfeffer. 2013-01-01T00:00:00Z Text Journal contribution 2134/18544 https://figshare.com/articles/journal_contribution/The_unfulfilled_promise_of_management_education_ME_The_role_value_and_purposes_of_ME/9504200 CC BY-NC-ND 4.0
institution	Loughborough University
collection	Figshare
topic	Other commerce, management, tourism and services not elsewhere classified Business models Competition Faculty Globalisation Information technology Leading business schools Management education Opinion leaders Stakeholders Business and Management not elsewhere classified
spellingShingle	Other commerce, management, tourism and services not elsewhere classified Business models Competition Faculty Globalisation Information technology Leading business schools Management education Opinion leaders Stakeholders Business and Management not elsewhere classified Howard Thomas Lynne Thomas Alex Wilson The unfulfilled promise of management education (ME): The role, value and purposes of ME
description	Purpose: This paper aims to review the evolution of management education primarily over the last 50 years and seeks to identify the challenges and lessons learned in management education and to assess the potential for change. To gain insight into these issues the authors draw on the perspectives of around 40 key individuals from academia, professional bodies, media, business and students. Design/methodology/approach: The content of the paper is based upon a qualitative analysis of around 40 two-to-three hour interviews of key global players in the management education field. Findings: The key stakeholders in management education are identified as students, business and employers respectively. But in terms of relative stakeholder influence faculty, business and students are the top three influencers. Faculty represent the supply-side whereas business and students represent the demand side of management education. There is evidence that higher tuition fees may increase the power of students and business relative to faculty. The individuals who have had the greatest influence on management education are academics such as Mintzberg and Drucker rather than business school deans or administrators. Institutions such as INSEAD, IMD and Harvard have had the greatest influence. The main issues and challenges identified in Management Education include information technology, globalisation, the role of faculty, competition and business model performance. Few game changing innovations in curricula have occurred in management education raising the question of how change will occur in the future. Originality/value: There are few in-depth, open-ended interview studies of key participants in the field of management education. It adds insights to a range of more reflective literature studies from writers such as Khurana, Mintzberg and Pfeffer.
format	Default Article
author	Howard Thomas Lynne Thomas Alex Wilson
author_facet	Howard Thomas Lynne Thomas Alex Wilson
author_sort	Howard Thomas (7197551)
title	The unfulfilled promise of management education (ME): The role, value and purposes of ME
title_short	The unfulfilled promise of management education (ME): The role, value and purposes of ME
title_full	The unfulfilled promise of management education (ME): The role, value and purposes of ME
title_fullStr	The unfulfilled promise of management education (ME): The role, value and purposes of ME
title_full_unstemmed	The unfulfilled promise of management education (ME): The role, value and purposes of ME
title_sort	unfulfilled promise of management education (me): the role, value and purposes of me
publishDate	2013
url	https://hdl.handle.net/2134/18544
_version_	1797829574282706944

The unfulfilled promise of management education (ME): The role, value and purposes of ME

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