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 [...]

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 – [...]

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 [...]

EFMD is engaged in a discussion with the European Commission to demonstrate the importance and the value of management research and management education – the notion of management covering the whole spectrum from operational capabilities to leadership competencies and entrepreneurship. EU funding instruments are essentially directed towards hard sciences and technology. Management as a social [...]

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 are capable of innovating and driving the evolution of society. The abilities that these leaders are required to have, often relate [...]

In these turbulent times, higher education institutions must define their strategic positioning, identify their strategic strengths, reform their governance and modes of operation and improve their performance. Strong institutional leadership appears crucial to engage the entire academic community in supporting new developments. The challenge for leaders and managers is to introduce new ways of operating [...]