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The Global Management Education Landscape

This guideline is not intended to be construed or to serve as a standard of medical care. Standards of care are determined on the basis of all clinical data available for an individual case and are subject to change as scientific knowledge and technology advance and patterns of care evolve. These parameters of practice should be considered guidelines only. Adherence to them will not ensure a successful outcome in every case, nor should they be construed as including all proper methods of care or excluding other acceptable methods of care aimed at the same results. The ultimate judgement regarding a particular clinical procedure or treatment plan. | The Global Management Education Landscape Shaping the future of business schools The GFME Board The GFME Board includes the following members Ghana Institute of Management and Public Administration Stephen Adei Rector and Director General Federico Castellanos Vice President Human Resources Global Sales and Distribution IBM Eric Cornuel Director General and CEO EFMD Bakul H. Dholakia Director Indian Institute of Management Ahmedabad John J. Fernandes President and Chief Executive Officer AACSB International Fernando Fragueiro Dean IAE Business School Austral University Sandra Harding Vice-Chancellor and President James Cook University Santiago Iniguez Dean Instituto de Empresa Business School Arthur Kraft Dean The George L. Argyros School of Business and Economics Chapman University Judy D. Olian Dean Anderson School of Management UCLA Sung Joo Park Professor KAIST Business School Korea Advanced Institute of Science and Technology KAIST Richard E. Sorensen Dean Pamplin College of Business Virginia Polytechnic Institute and State University Howard Thomas GFME Chair and Dean Warwick Business School University of Warwick Jean-Marie Toulouse Professor HEC Montreal Ray Van Schaik President EFMD More information regarding the GFME is available at www.gfme.org or by contacting either Matthew Wood Communications Director EFMD Email matthew.wood@efmd.org Dan Le Clair Vice President and Chief Knowledge Officer AACSB International Email dan@aacsb.edu 2008 Global Foundation for Management Education 1 Contents 2 Foreword 2 Engaging the Global Management Education Community 3 Investing in the Future of Business and Society 6 Introduction 6 6 Reflection of the GFME Mission The Future of Management Education 7 Global Trends Impacting Management Education 7 11 15 17 19 Integration of Economies Demographics Information and Communication Technology Global Sourcing of Services Social Responsibility Governance and Sustainability 23 Recent Developments in Management Education 23 26 31 33