Business education and executive development has been one of the most fascinating industries in the world and the fastest growing segment of higher education over the past decades. Today, it is experiencing change on a scale unprecedented since the foundation of the first business schools in the early 20th Century, both due to changes in the corporate environment and also due to the impact of the COVID-19 pandemic across all industries. In this context how do you create world-class educational and training institutions that can cope with those challenges, and be rigorous, vocationally relevant and suited to the corporate growing needs in this new fluid world? And how do you combine the very best of traditional academic values with new learning technologies to create an educational model that is fit to compete in the global economy, threatened today by populism, nationalism and economic turmoil? Yet, as daunting as it is, some institutions have already made significant progress in the journey. In this book Santiago Iñiguez de Onzoño, President of IE University, and Peter Lorange, former President of IMD, bring together contributions from leading figures from some of the world’s major universities. They share their experiences in addressing some of the challenges that the industry faces today, such as diversity and inclusion, employability, the role of AI and the advent of innovative new platforms. Packed with case studies of successful initiatives in business education and executive training, this is a truly visionary book. Authors anticipate future trends and share their in-depth knowledge of what it takes to build world-class educational providers – and their vision of higher education in the future.

Business environments are now frequently described as VUCA – volatile, uncertain, complex and ambiguous. The COVID–19 pandemic breaking out and spreading globally in 2020 serves as a case in point. Strategies, business models, tactics and plans set for the year were challenged. In this situation, executives around the world did not suffer from insufficient general knowledge about strategizing, business modelling or planning. This book posits that what practitioners and their organizations needed to survive and thrive is practical wisdom. Executive education institutions play a key role in supporting an executive’s learning. Embarking on exploratory research and journey of discovery, this study addresses the crucial questions of how do build practical wisdom in executive education and how do executive education course participants perceive the process of developing practical wisdom in business schools? The research adopts a constructivist grounded theory design and relies on in-depth interviews as the foundation for an emerging substantive theory. It portrays a three–act process and six concrete steps within them to explain how study participants grew their practical wisdom. The book and the presented research contribute to both the academic body of knowledge on how to learn better as well as how to add more value in executive education. Regarding practice, business school leaders and faculty members benefit from this research by critically comparing their approaches to the proposed model in order to trigger improvements. Finally, the individual program participant can gain a better understanding on how to learn faster and in more directions, which contributes to a better return on investment (ROI) and return on education (ROE). It also prepares the learner more adequately for this VUCA world.

It all began when the world’s first business school, the European School of Commerce Paris (ESCP), was established in 1819. Criticism notwithstanding, business schools have since continued their path in higher education without facing existential metamorphoses. Covid-19, however, has accelerated business schools’ digital transformation, calling into question the concept of business school itself. Business schools are in a new competitive landscape and profound structural changes seem inevitable. This concise text offers insights into how business schools should rethink their approach to management education, differentiate themselves from new players in the higher education market, and find innovative ways of doing things. The book is a survival toolkit for leadership teams across the world. It examines the rationale of business school and how it has evolved. The purpose of research is explained, and the teaching of management is explored. Kaplan analyzes the current business model in the digital environment. He looks at the business of accreditations and rankings and branding and community-building as strategies to address competition. The book concludes by looking at change leadership at business schools. It will interest both leaders of established academic institutions and alternative educational providers from edtech and big tech planning to enter the management education market.

To remain relevant, management education must reflect the realities that influence its subject matter, management, while at the same time addressing societal needs and expectations. Faced by powerful drivers of change, many of which are amplified by the immense turbulence caused by the COVID-19 pandemic in early 2020, an assessment of where management education stands and where it is going is timely. This book brings together management education scholars, practitioners, and stakeholders to identify trends and to critically analyse key challenges from their respective perspectives. They consider the requirements for providing relevant management education in the future and explore changes and opportunities around themes such as responsibility, sustainability, innovation, competitive strategy, and technological change. The different perspectives of the authors contribute distinct insights and form a fascinating kaleidoscope of reflections on the present and predictions and prescriptions for the future of management education. The result is a comprehensive volume that will be essential reading for scholars and administrators committed to the growth and development of management education. It also will be of keen interest to management educators as well as management learners who will shape and be shaped by the management education of the future.

Educational leaders must be prepared to lead during crisis. Leadership has been challenged with multiple crisis in recent years, including issues of school safety, school shootings, medical crises such as SARs, HINI, and the ongoing pandemic. While each of these situations has resulted in multiple plans of actions, none has impacted our society as the current pandemic (COVID19) has, in terms of immediacy of needs and actions. School and district leaders are in charge of managing many stakeholders, circumstances and have the authority and responsibility to lead with ethical behavior (Al Habusi, Ismail & Omar, 2018). Integrity, resilience, fairness help guide the components of ethical leadership that leaders need to model, communicate, and use as a framework for implementing and sustaining change in organizations (Hegarty & Moccia, 2018). This book is targeted for leaders of educational systems, school buildings and those leaders of organizations that are connected in some way to educational systems and schools at all levels. The educational issues raised by the COVID pandemic, began in March 2020. The leadership needs identified throughout this crisis exemplifies many of the issues of crisis management, that is applicable to other issues, such as school violence, school safety, accidents and deaths that occur in every district.

This book examines a range of contemporary issues related to the global delivery of sport management education. At a time of unprecedented change in Higher Education, the book looks closely at how sport management education can and should deliver positive outcomes in sport business and management outside of the university. The book brings together sport management academics from around the globe and examines how their practice in education has been shaped by the cultural, religious, and political context of the national regions in which they work. It aims to identify core principles in sport management education and implementation, and discusses the key aspects of sport management programmes, from curriculum design and pedagogy to issues around unified accreditation and the needs of employers. It also focuses in on what sport management education might look like in an increasingly digital post-COVID world. This is essential reading for all sport management educators and anybody working in sport-related professions looking to understand global educational platforms and their implications for policy at local, regional, national, and international level.

With the world in the midst of the Fourth Industrial Revolution, associated labor market challenges are bringing changes to how business schools offer executive education to the future workforce. The COVID-19 pandemic has further underlined the need for such change through impacts on today’s workforce and the expected developments that ongoing technological advancements will have on the workforce of the future. This book explores the need for business schools to strategically work to redefine the concept of an innovative business school ecosystem through commitment to experimentation and innovation. The authors advocate for such change to be realized through partnerships supporting actions that ensure graduates’ and workers’ access to skills building and reskilling and upskilling. The book presents selected case studies exemplifying such an approach and highlights best practices that can be implemented in public–private as well as private–private partnerships. The Innovative Management Education Ecosystem: Reskilling and Upskilling the Future Workforce offers readers from industry and academia as well as government institutions insights that will benefit the development of innovative curricula and training programs and, at the same time, labor markets.

Back Jacket ";How refreshing IMD makes the case for change. The focus? Executive learning, not academic theory. This book: bull; bull;Challenges the historic approach to executive education bull;Accepts the significance of emotion bull;Redefines our idea of a 'good educator' Executive education has a role in building good leaders; educators need to embrace their own leadership responsibility. If you're an educator, take up the challenge use this book!"; Gary Steel, Executive Vice President, Human Resources, ABB Asea Brown Boveri Ltd "A great contribution. Illustrates how to deliver executive education that creates value. Pragmatic, with interesting new insights from all of the relevant dimensions. If you're in executive and leadership development, this book is required reading."; Matti Alahuhta, President, KONE Corporation and Chairman, IMD "This book shows us why IMD continues to be a global leader in executive education. Practical insights into the executive learning experience offer an invaluable resource for organizations that are serious about leadership development." Dorothy Berry, Vice-President, Human Resources and Administration, IFC "At last, instead of the common complaints about what is wrong with business education, this book takes the lead in showing how to deliver executive learning that will stick. Crammed with accessible ideas and practical examples of how to deliver successful executive learning, this book is a must for all those responsible for management development, inside and outside of corporations." A. Daniel Meiland, Executive Chairman, Egon Zehnder International "Integrating intellectual and emotional awareness with action-based application is state-of-the-art in executive education convincingly presented by this IMD Guide." Peter F. Weibel, Member of the Board of Directors of Credit Suisse Group You pay for executive education. But does it produce results? Does it stick? How do you identify executive education that really can deliver high impact? In executive education it is time for a change. Mastering Executive Education shows you how to take action to deliver it. Welcome to the state-of-the-art in executive education from IMD: Mastering Executive Education. At the center, learning scripts, IMD's high-impact learning approach for experienced executives. Learning from the thousands of executives who attEND its programs every year, IMD has identified the critical drivers of great learning experiences. Starting with recent research into how our brains learn, IMD helps executives master their real world challenges and build corporate value by mastering both the emotional and rational dimensions of management.

Business schools have been criticized for several things, such as lacking relevance, a too weak ethics orientation, dated paradigms, or commercialization. Simultaneously, there has been much positive change and accelerated dynamics toward forming future-ready companies and graduates. This book outlines how to better understand and master the digital transformation challenge. It is essential that business school deans, program directors, and faculty members embrace new opportunities to bring the UN-backed Principles of Responsible Management Education (PRME) to life successfully. Part of the Humanism in Business series, this book constitutes a valuable resource for leaders in universities and business schools, as well as individual faculty members aspiring to optimize how they respond to digital transformation. It can also be of use to those studying responsible management education, leadership and business ethics more generally.