When we discuss management as a key issue for society these days the word has a mostly negative connotation – we tend to talk about management in terms of the damages that short-termism, off-shoring, greed and bad management (in particular in the fin…

Sociologists characterize 20th century society as a society with fundamentally new characteristics compared with previous historical societies. It is a society of organizations. Organizations have pervaded all parts of our lives. They range from busine…

Changing Environment Higher Education Institutions (HEIs) are often questioned for their role and contribution to societal development. According to historical tradition, HEIs are considered as the pool to train and provide intellectual leaders, who ar…

The current EU policy and funding instruments have recognised that innovation consists of cross-disciplinary activities, which is not only limited to technological breakthroughs. Accordingly, a more comprehensive and systematic understanding of innovat…

As a global network of business schools and corporations, EFMD has been conveying the message to EU policy makers that during the past 50 years, management has emerged as a key “social technology”, evolving from a mere practice towards a discipline…

Introduction Dr. Richard Straub, Director of EFMD EU Affairs and Cooperate Services, shares his views on how managers can shape the future society.  This article demonstrates the idea that focusing only on shareholder value and short-term financial re…

Introduction Professor Arnoud De Meyer, President of the Singapore Management School, shares his views on a new approach to new challenges – transforming business schools into ‘schools for business’. “Is the old model of management education inadequate for the realities of today’s global economy?” “A paradigm shift for the world’s business schools, a tipping point [...]