Re-inventing the EU innovation model / Skills for future leaders / Entrepreneurship: EFMD suggestions from the April roundtable
June 4, 2012
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 video highlights are below. Readers are also invited to comment on the EFMD Call To Action “Management Capacity: The Missing Link to set up value creation and innovation in Europe” by mid June 2012.
Three key suggestions concluded from this roundtable are:
- Re-inventing the EU innovation model: The current European innovation strategy design tends to be based on a stable evolutionary model. This approach needs to be changed. The idea of supporting the creation of high-growth companies in Europe is highlighted as an important element. It is also suggested to re-prioritise policy objectives, to avoid trying to achieve everything at the same time. Too many equivalent priorities lead to no priorities.
- Developing skills for future leaders: There is a call to develop humanistic managers who are not only expert in management techniques, but also have the capacity to understand and deal with cross-disciplinary and inter-cultural issues.
- Entrepreneurship: The possibility to exploit knowledge and capital from all entrepreneurs needs to be further addressed. Entrepreneurial mid-sets are required in all types of organisations, small and large, pubic and private.
The Call to Action addresses key issues such as the inclusions of management education in scientific and engineering studies, supporting entrepreneurial mind-sets and values from school-level onwards, and providing community research funding for important fields such as design thinking, open innovation and organisational sociology. This paper is to be used as the essential basis for EFMD EU Affairs’ interactions with the EU policy makers as well as relevant consultation and networking activities in the coming future. You are invited to comment on the EFMD Call to Action, please send your comments and feedback to: Jocelyne.firstname.lastname@example.org
Martine Plompen, Associate Director, Research & Surveys Unit, EFMD
Jocelyne Wang, Manager, EU Affairs Unit, EFMD
For more on EFMD’s EU Affairs: http://www.efmd.org/index.php/eucooperation-main/european-affairs-at-efmd/policy-work and http://efmd.blogactiv.eu/
EFMD is a leading international network of business schools, companies and consultancies (770 members across 82 countries) at the forefront or raising the standards of management education and development globally. EFMD runs the EQUIS & EPAS, accreditation systems and is one of the key reference points for management education worldwide. www.efmd.org
Author : Jocelyne Wang