Questions T
Business educators will face difficult questions in the coming years about how to strengthen their industry in uncertain times. But there are many promising answers— some presented here—if schools are willing to change.
BY JOHN FERNANDES
oday, there are more than 13,700 business schools in the world, about three times the number that existed 25 years ago. But just think of the global developments that have increased the demand for management education so dramatically—the breakup of the Soviet Union, the surge
of industry in China, the economic growth in Brazil and India, the increased importance of emerging markets. Our industry has evolved tremendously to produce graduates whose expertise and entrepreneurial spirit are essential to fueling global economic growth.
58 November/December 2011 BizEd
