Issue link: https://www.e-digitaleditions.com/i/55680
Transforming Business the by Frank Horwitz I 34 School n the aftermath of the financial crisis and corporate scandals, business educators are asking some difficult questions: Do our curricula reinforce, or even encour- age, models of organizational behavior that are actually inimical to business today? Do our programs fail to reflect how future managers lead people to achieve high performance and embrace ethical conduct? What skill sets should we emphasize to produce the next generation of business leaders? To answer these questions, we must acknowledge the rise of the "next-generation enterprise," a term coined by Tamara Erickson, an expert on changing trends in the workplace. Successful next-generation firms will be collaborative and inter- connected, forming partnerships and multiple-location virtual teams to stay informed. They'll be responsive, strategic, oppor- tunistic, and experimental to manage complex global markets. These agile, amoeba-like organizations will be flexible, enabling employees to work from any location at any time. Seven key skill sets will equip future leaders to manage people and build value within next-generation enterprises. BizEd MAY/JUNE 2010