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Disrupt or Be Disrupted: A Blueprint for Change in Management Education

ISBN: 978-1-118-60239-3
432 pages
August 2013, Jossey-Bass
Disrupt or Be Disrupted: A Blueprint for Change in Management Education (1118602390) cover image
An evidence-based approach to improving the practice of graduate management education

Compiled by the Graduate Management Admission Council (GMAC) and with contributions by administrators and professors from the top global MBA programs, this book provides business school decision-makers with an evidence-based approach to improving the practice of graduate management education. The book is designed to help navigate the pressures and create revolutionary platforms that leverage a school's unique competitive advantage in a design distinctly tailored for today's business realities.

  • Offers a unique handbook for improving graduate management education
  • Contains contributions from an international group of deans and professors that lead MBA programs
  • Sponsored by GMAC, owner of the Graduate Management Admission Test (GMAT) exam used by over 5,000 programs worldwide

This important resource gives academics a proven approach for improving graduate-level management programs.

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Foreword vii

George S. Yip

Introduction: The Change Imperative 1
Brooks C. Holtom and Lyman W. Porter

Chapter 1 Ensuring and Enhancing Future Value 21
Erich C. Dierdorff, Denis J. Nayden, Dipak C. Jain, and Subhash C. Jain

Chapter 2 Framing and Making Strategic Choices 57
Michael Hay

Chapter 3 Managing Aspirations, Resources, and Cost Structures 95
Jikyeong Kang and Andrew W. Stark

Chapter 4 Intellectual Signatures: Impact on Relevance and Doctoral Programs 131
JC Spender and Rakesh Khurana

Chapter 5 Curriculum Matters: Toward a More Holistic Graduate Management Education 179
Sara L. Rynes and Jean M. Bartunek

Chapter 6 Overlooked and Unappreciated: What Research Tells Us About How Teaching Must Change 219
Kenneth G. Brown, J. Ben Arbaugh, George Hrivnak, and Amy Kenworthy

Chapter 7 Student Engagement: Selection, Management, and Outcomes 259
Daniel C. Feldman

Chapter 8 Reclaiming Quality in Graduate Management Education 297
Robert S. Rubin and Frederick P. Morgeson

Epilogue 347
Erich C. Dierdorff and Brooks C. Holtom

Acknowledgments 373

About the Contributors 375

Name Index 395

Subject Index 405

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Graduate Management Admission Council (GMAC) Founded in 1953 by the deans and admissions officers of leading schools of business and management, the Graduate Management Admission Council (GMAC) is owner and administrator of the Graduate Management Admission Test (GMAT)—the most widely adopted and trusted admissions exam of its kind. More than 2,000 schools in 110 countries today use the GMAT exam to assess applicants to more than 6,000 graduate business and management programs. With its vision of being the leader in connecting talent and aspiration to opportunity, GMAC has expanded its business and staff—as well as its membership—internationally and has adapted its role in graduate management education to include professional development, industry-wide conferences, world-class research, product development, and the global promotion of management education. Today, the not-for-profit Council continues in its mission to improve the discovery and evaluation of talent and deliver on its core belief that business and management—and the teaching of both– are critical to the economic, social, and financial well-being of people worldwide.

THE EDITORS
Brooks C. Holtom
is associate professor of management at the McDonough School of Business at Georgetown University.

Erich C. Dierdorff is associate professor of management at the Driehaus College of Business at DePaul University in Chicago.

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August 07, 2013
Disrupt or Be Disrupted: A Blueprint for Change in Management Education

Disrupt or Be Disrupted:

A Blueprint for Change in Management Education

A new book by the Graduate Management Admission Council® (GMAC®)

Makers of the GMAT Exam

 

In today’s world, relentless change is the norm as organizations strive to stay in front of new competitors. Graduate business schools face some of these same challenges; declines in government funding, weakening student enrollment, increased institutional competitiveness and the ever-changing landscape of technology. While business and management schools have made  impressive advances overall, starting in the 1950’s and right up through today, many critics see business education heading in the wrong direction and still in need of a major overhaul. But how can they evolve to meet the needs of the future? How do these leading institutions, the schools that have trained millions of today’s business leaders, continue to lead and change?

Disrupt or Be Disrupted: A Blueprint for Change in Management Education (Wiley; 978-1-118-60239-3; August 2013; $40.00; e-book available) is a new book commissioned by the Graduate Management Admission Council® (GMAC®) with contributions by administrators and professors from top global MBA programs— J. B. Arbaugh, Jean M. Bartunek, Kenneth G. Brown, Erich C. Dierdorff, Daniel Feldman, Michael Hay, Brooks Holtom, George A. Hrivnak, , Dipak C. Jain, Subhash C. Jain, Amy L. Kenworthy, Jikyeong Kang, Rakesh Khurana, Frederick P. Morgeson, Denis J. Nayden, Lyman W. Porter , Robert S. Rubin, Sara L. Rynes, John-Christopher (JC) Spender, and Andrew W. Stark..

Disrupt or Be Disrupted identifies specific challenges and opportunities that face business schools and provides strategies and best practices, which include: 

  • The changes necessary to enhance the effectiveness and relevance of graduate management education in the years ahead.
  • Increase relevance through a school’s intellectual signature.
  • Strategies to differentiate and change current positioning of a business school.  
  • Making choices given financial and institutional constraints.
  • Best practices in faculty selection, training, and incentives, curriculum design and student engagement.  
  • Identifying what and how to measure quality within business schools.

Business schools are in a unique position to create tomorrow’s leaders. Innovative design and keeping up with 21st century demands will be paramount to the success of this institution. Disrupt or Be Disrupted is essential reading for deans, education leaders, faculty and students alike as it provides the crucial roadmap that will create lasting contribution to learning teaching and business practices of the future.

 

 

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