On Management education & Development issues

In his recent contribution to the EFMD business magazine Global Focus, Sir Richard Lambert, Chancellor of Warwick University, suggests four key issues that businesses will require of their future leaders: Ability to manage diversity; Capacity to deal with uncertainty; A proper understanding of the role and workings of government; A developed understanding of the role,… » read more

Posted by Jocelyne Wang

In his landmark book Innovation and Entrepreneurship, published in 1985, Peter Drucker described the tectonic shift that he perceived in its early stages – the move from an employee society toward an entrepreneurial society. This shift was, and still is, being driven by unstoppable forces such as changing demographics and ever-hastening advances in information and… » read more

Posted by Jocelyne Wang

In September 2012, EFMD and ThinkYoung jointly responded to the consultation on the Entrepreneurship 2020 Action Plan launched by the European Commission’s Direction-General Enterprise and Industry. Both organisations welcome the current entrepreneurial policy developments and most of the measures proposed in the Action Plan. In particular proposals related to creating a European platform to share… » read more

Posted by Jocelyne Wang

For many years business schools have been facing criticism for conducting research that has no relevance to market / societal needs. Professor Ulrich Hommel, the Research Director at EFMD, highlights one of the key problems that researchers are facing nowadays: finding a balance between the need for academic rigour and recognition from peers, and the… » read more

Posted by Jocelyne Wang

Ahead of the 18-19 July Informal Competitiveness Council, EUROCHAMBRES and EFMD (the European Foundation for Management Development) sent a letter to Ministers encouraging them to define a short-list of key actions that would stimulate and cultivate entrepreneurship across the EU. They also provided a short list of specific recommendations including: Embed the key competence ‘entrepreneurship’… » read more

Posted by Jocelyne Wang

Adrian Wooldridge (Management Editor, The Economist), Alexander von Gabain (Chair of the European Institute for Innovation and Technology – EIT and Santiago Iniguez (President of IE Business School and President of IE University) gave opening statements at the EFMD April Roundtable: Management Skills for Growth. A full report on the roundtable is available here and… » read more

Posted by Jocelyne Wang

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 financial services sector) are inflicting on society. The round table last week at… » read more

Posted by Jocelyne Wang

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 business organizations, to education, hospitals, semi-public and public organizations, NPOs, and so on. They are the organs of modern society –… » read more

Posted by Jocelyne Wang

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 innovation processes and innovation management would certainly facilitate successful innovative activities in all sectors. The challenge of implementing effective innovation management and robust innovation… » read more

Posted by Jocelyne Wang