Learning for the New Economy: Management Education in a Changing World

By John Betton and Thomas Hench.

Published by The Organization Collection

Format Price
Article: Print $US10.00
Article: Electronic $US5.00

Business schools have largely remained focused on curricula organized by traditional functional areas and practices. Management education has often treated globalization as a marginal issue and one primarily focused on economic and financial processes. Outside business schools, globalization was seen as not only involving corporations and trade, but also issues of global sustainability, social responsibility and universal human rights. As documented in Beyond Grey Pinstripes, these topics have emerged as a core part of learning in relatively few business schools. The emergence this year of The Principles for Responsible Business Education launched at the Global Compact Leadership Summit in Geneva in July 2007 will dramatically change the nature of managerial education. A recent article by Sarah Murray (2007) cites the executive director of the U.N Global Compact as saying "This is the next generation of leaders and we want them educated in these issues" She also notes that "students have demonstrated a wave of interest in courses that cover everything from human rights to climate change". The Global Compact's focus on environmental sustainability and human rights offers the opportunity, in partnership with the business schools for a radical new approach to business education for the new economy.

Keywords: Global Compact, Sustainability, Human Rights, Management Education

The International Journal of Knowledge, Culture and Change Management, Volume 7, Issue 7, pp.27-34. Article: Print (Spiral Bound). Article: Electronic (PDF File; 531.594KB).

Dr. John Betton

Professor, College of Business, University of Wisconsin-La Crosse, La Crosse, Wisconsin, USA

John Betton graduated with a doctorate from the University of South Carolina following twelve years working in Europe. He is Professor of Comparative Mangement Systems at the University of Wisconsin-La Crosse where he teaches classes in business and human rights as well as occasional courses in the environmental studies program. His research has appeared in The Academy of Mangement Review and Labor Law journal as well as more interdisciplinary publications such as Social Forces and Journal of Genocide Research.

Dr. Thomas Hench

Associate Professor of Management, Department of Management, University of Wisconsin-La Crosse, La Crosse, Wisconsin, USA

Tom Hench is Associate Professor of Management at the University of Wisconsin-La Crosse, where he teaches a broad array of management courses. He received his Doctorate in Management from the University of South Carolina in 1997. His dissertation, "An Evolutionary History of the Office Systems Furniture Industry and the Nature of Strategic Change," examined evolution, entrepreneurship, and strategy as emergent, self-organizing processes. Tom also holds Masters degrees in Management and International Relations from Vanderbilt University (1973) and Boston University (1971), respectively. Before earning his doctorate, he worked for nearly two decades in product management and product development for high-growth manufacturing companies, with much of his time spent in the office systems furniture industry. Tom is most interested in change management and changing paradigms and how we frame the problems we hope to solve.

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