The changing business model of B‐schools

SantiagoIñiguez de Onzoño1, SalvadorCarmona1
1Instituto de Empresa Business School, Madrid, Spain

Tóm tắt

Purpose

The purpose of this paper is to argue that recent changes in the wider contexts of universities and business schools signal a shift in their business model instead of a mere turn in their business cycle.

Design/methodology/approach

The paper reviews the position of those that hold a traditionalist view of the business model of business schools and comments on the extent to which such a model applies to the ever‐changing conditions that are a feature of the environment of institutions of higher learning.

Findings

The paper argues that the process of globalization augments the effects of five sector‐specific forces on the business model of business schools. Additionally, the paper identifies some structural factors that business schools might wish to address in order to cope with changes occurring in their wider environments.

Originality/value

In addition to structural measures, the paper proposes a number of specific actions that business schools may implement to maintain and/or gain competitive advantage.

Từ khóa


Tài liệu tham khảo

Daly, J. (2000), “Sage advice: an interview with Peter Drucker”, Business 2.0, August 22.

Dight, C. (2006), “It's not just about money”, Times Online, May 12.

Frey, B.S. and Eichenberger, R. (1993), “American and European economics and economists”, Journal of Economic Perspectives, Vol. 7 No. 4, pp. 185‐93.

Gloeckler, G. (2006), “Stanford's new‐look MBA”, Business Week, June 6.

Hawawini, G. (2005), “The future of business schools”, Journal of Management Development, Vol. 24 No. 9, pp. 770‐82.

Holtzman, C. (2006), “Employers' double recruiting of MBAs”, Sound Business Journal, June 5.

Lambert, R. (2006), “Six steps to revitalise Europe's higher education”, Financial Times, June 5.

Lorange, P. (2005), “Strategy means choice: also for today's business schools!”, Journal of Management Development, Vol. 24 No. 9, pp. 783‐90.

Monteiro, S. (2006), “En el límite exacto”, América Economía,, June 14.

Schäffer, U. and Binder, C. (2006), “‘Controlling’ as an academic discipline – the development of management accounting and management control in German speaking countries between 1970 and 2003”, paper presented at the 11th World Congress of Accounting Historians, Nantes.

Vega, F. (2006), “De vuelta a clases”, América Economía, June 14.