How Business Education Must Change

Moving business schools into the future and restoring their relevance begins with an understanding of how business organizations are evolving from hierarchical organizational design to horizontal networks that are linked by sharing information, knowledge and skills. Ideally, business schools would be more active components of a global network of other university departments, companies, government agencies and nongovernmental organizations. This would allow schools to present students with an experience more likely to prepare them for the new management challenges, and it would tie academics more closely to the executive perspective.