Business Schools and their Contribution to Society

Combing perspectives from business school Deans from around the world, as well as scholars and business leaders, this book presents a unique discussion of the current and future challenges facing business schools today. This exciting book explores the role of business schools in contemporary global society through 3 key dimensions: How business school legitimacy has been challenged by the recent economic crisis and corporate scandals; How business schools contribute to shaping and transforming business conduct; and How business schools, past and present, develop their identities to face the challenges presented by the ongoing globalization process. Foreword / Bernard Ramanantsoa -- Prologue : Business Schools As Usual? / Mette Morsing And Alfons Sauquet Rovira -- Part 1: Historical And Geographical Perspectives On Business School Legitimacy. Business Education : The American Trajectory / Rakesh Khurana And Daniel Penrice ; Creating A Business School Model Adapted To Local Reality : A Latin American Perspective / Maria Tereza Leme Fleury And Thomaz Wood Jr. ; The Changing Role Of Business Schools As Key Social Agents In Asia / Bernard Yeung And Kulwant Singh ; Institutional Evolution And New Trends In Russian Management Education / Valery S. Katkalo ; The Legitimacy And Future Of Business Schools In Turkey / Bariş Tan ; European Business Schools And Globalization / Lluis Pugés ; Csr, Business Schools And The Asia Pacific Context / Juliet Roper -- Part 2: Towards A New Legitimacy For Business Schools In Global Society. Business Schools In Society : The Distinctiveness Of Diversity / Alan Irwin, Dorte Salskov-iversen And Mette Morsing -- Design Science As A Reference Point For Management Research / Michael Barzelay And Saul Estrin ; The National Role Of Contemporary Business Schools In Response To The Financial Crisis / Thomas M. Begley And Patrick T. Gibbons ; Business Schools : From Career Training Centers Towards Enablers Of Csr, A New Vision For Teaching At Business Schools / Thomas Bieger ; The Future Of Business School Research : The Need For Dual Research Methodologies / Muel Kaptein And George S.yip ; Business Schools' Corporate Social Responsibility : Practice What You Preach / Christoph Badelt And Barbara Sporn ; The Role Of Higher Education Institutions In The Fields Of Economic And Social Sciences : Has It Been Changed By The Economic Downturn? / Guido Tabellini ; Business Schools In Relation To The Organizational And Ethical Challenges Of Systemic Transformation : A Polish Example / Adam Budnikowski ; The New Rigor : Beyond The Right Answer / Judith Samuelson -- Part 3: Business Schools' Role In Shaping And Transforming Ethical Business Conduct. Responsible Business Education : Not A Question Of Curriculum But A Raison D'être For Business Schools / Carlos Losada, Janette Martel And Josep M.lozano ; The Business School Of The 21st Century : Educating Citizens To Address The New World Challenges / Valérie Swaen, Philippe De Woot And Didier De Callataÿ ; The Need For Good Old Principles In Financial Management Education / Eero Kasanen And Robert Grosse ; Prme And Four Theses On The Future Of Management Education / Manuel Escudero ; A Plea To Business Schools : Tear Down Your Walls / Robert Strand ; Corporate Responsibility And The Business Schools' Response To The Credit Crisis / Nigel Roome, David Bevan And Gilbert Lenssen -- Epilogue / Alfons Sauquet Rovira, Mette Morsing And Marc Vilanova. Editied By Mette Morsing And Alfons Sauquet Rovira. Includes Bibliographical References And Index. COVER 1 Contents 6 Notes on Contributors 9 About CEMS 16 Foreword 17 Prologue - Business Schools as Usual? 19 Part 1 - HISTORICAL AND GEOGRAPHICAL PERSPECTIVES ON BUSINESS SCHOOL LEGITIMACY 28 1 BUSINESS EDUCATION: THE AMERICAN TRAJECTORY 30 2 CREATING A BUSINESS SCHOOL MODEL ADAPTED TO LOCAL REALITY: A LATIN AMERICAN PERSPECTIVE 43 3 THE CHANGINGROLE OF BUSINESS SCHOOLS AS KEY SOCIAL AGENTS IN ASIA 51 4 INSTITUTIONAL EVOLUTION AND NEW TRENDS IN RUSSIAN MANAGEMENT EDUCATION 64 5 THE LEGITIMACY AND FUTURE OF BUSINESS SCHOOLS IN TURKEY 76 EUROPEAN BUSINESS SCHOOLS AND GLOBALIZATION 84 7 CSR, BUSINESS SCHOOLS AND THE ASIA PACIFIC CONTEXT 90 Part 2 - TOWARDS A NEW LEGITIMACYFOR BUSINESS SCHOOLS IN GLOBAL SOCIETY 100 8 BUSINESS SCHOOLS IN SOCIETY: THE DISTINCTIVENESS OF DIVERSITY 102 9 DESIGN SCIENCE AS AREFERENCE POINT FOR MANAGEMENT RESEARCH 112 10 THE NATIONAL ROLE OF CONTEMPORARY BUSINESS SCHOOLS IN RESPONSE TO THE FINANCIAL CRISIS 122 11 BUSINESS SCHOOLS – FROM CAREER TRAINING CENTERS TOWARDS ENABLERS OF CSR 131 12 THE FUTURE OF BUSINESS SCHOOL RESEARCH: THE NEED FOR DUAL RESEARCH METHODOLOGIES 141 13 BUSINESS SCHOOLS’ CORPORATE SOCIAL RESPONSIBILITY: PRACTICE WHAT YOU PREACH 152 14 THE ROLE OF HIGHER EDUCATION INSTITUTIONS IN THE FIELDS OF ECONOMIC AND SOCIAL SCIENCES 160 15 BUSINESS SCHOOLS IN RELATION TO THE ORGANIZATIONAL AND ETHICAL CHALLENGES OF SYSTEMATIC TRANSFORMATION 165 16 THE NEW RIGOR: BEYOND THE RIGHT ANSWER 176 Part 3 - BUSINESS SCHOOLS’ ROLE IN SHAPING AND TRANSFORMING ETHICAL BUSINESS CONDUCT 188 17 RESPONSIBLE BUSINESS EDUCATION: NOT A QUESTION OF CURRICULUM BUT A RAISON D’ÊTRE FOR BUSINESS SCHOOLS 190 18 THE BUSINESS SCHOOL OF THE TWENTY-FIRST CENTURY: EDUCATING CITIZENS TO ADDRESS THE NEW WORLD CHALLENGES 202 19 THE NEED FOR GOOD OLD PRINCIPLES IN FINANCIAL MANAGEMENT EDUCATION 220 20 PRME AND FOUR THESES ONTHE FUTURE OF MANAGEMENT EDUCATION 228 21 A PLEA TO BUSINESS SCHOOLS: TEAR DOWN YOUR WALLS 240 22 CORPORATE RESPONSIBILITY AND THE BUSINESS SCHOOLS’ RESPONSE TO THE CREDIT CRISIS 250 EPILOGUE 264 INDEX 274 The international contributors gathered here, from areas of management, economics, and business ethics, are all affiliated with the Community of European Management Schools. They look at challenges facing business schools and offer diverging perspectives on current controversies. Part 1 offers a historical and geographical perspective on business school legitimacy, looking at the philosophical underpinnings of business schools. Contributors discuss how business schools have developed regionally and how they have contributed to setting a new global agenda for business. Part 2 addresses the 'marketization' of business school and how it influences the legitimacy of business schools. Contributors examine how schools respond to the new economic reality and how they interact with stakeholders. The last part of the book investigates the role of business schools in shaping and transforming ethical business conduct. Morsing directs the Copenhagen Business School's Center for Corporate Social Responsibility. Sauquet Rovira is dean of the ESADE Business School. Annotation ©2012 Book News, Inc., Portland, OR (booknews.com) Business schools are among the most influential institutions in contemporary society. This book represents a most welcome voice in the urgent need to discuss the future role of business schools. What skills and competences do we need of our leaders of tomorrow? How do we make sure that business schools are able to not only educate students in traditional business skills, but also give them such a basic understanding of the dynamics of contemporary society so they may interact constructively with the diversity of stakeholders and thus contribute to the role business must play in securing the sustainabiliy of our global society? How may business schools contribute in innovative ways to the development of a society that is in need of new ways of addressing basic needs such as equal rights, clean water, energy and waste disposal? While this book does not pretend to provide all the answers to such demanding questions, it will stimulate reflection by questioning conventional business school thinking Business schools are arguably some of the most influential institutions in contemporary society. The research and education they provide set the standard for how future leaders manage local and global organizations - a responsibility requiring continual discussion, development and challenge. This exciting book explores the role of business schools through 3 key dimensions: - How business school legitimacy has been challenged by the recent economic crisis and corporate scandals; - How schools contribute to shaping and transforming business conduct; and - How institutions, past and present, develop their identities to face the challenges presented by the ongoing globalization process. Combining global perspectives from business school Deans, scholars and stakeholders, this book presents a unique discussion of the current and future challenges facing business schools and their contributions to society. Leading, global business school figures discuss the hottest debate in business education right now - the education business schools are providing and their contribution to modern society