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52 Contents BizEd SEPTEMBER/OCTOBER 2008 VOLUME VII, ISSUE 5 8 80 DEPARTMENTS 6 From the Editors 8 Headlines 58 Research 66 Technology 70 Your Turn 72 Bookshelf 74 Calendar 76 Classifieds 80 Spotlight Cover photo Robert Houser FEATURES 18 The Innovation Generation Gary Hamel calls for business schools to radically reinvent themselves so they'll be ready to train the next generation of managers. 26 Earning Excellence Business schools from around the world share their struggles and celebrate the advantages of achieving accreditation. 32 Vive l'Accréditation Accreditation has boosted the international reputations of many French schools, say Julie Perrin- Halot and Mark Thomas of Grenoble Ecole de Management. 26 24 38 Anticipating the Future Northwestern's Dipak Jain examines the trends that will rewrite management education in the next ten years. 44 Businesses at Risk Georgia State's Richard Phillips considers how business schools can prepare students to grapple with the new kinds of risks facing the corporate world. 52 Ethical Objectives Only by meeting high ethical standards can AACSB achieve criti- cal initiatives, says its new board chair, Richard Cosier. BizEd SEPTEMBER/OCTOBER 2008 1