The Challenge: Poor Management Perpetuates Poverty
WATCH: Founder Guy Pfeffermann shares his inspiration for the Global Business School Network
Most of the world’s talent pool resides in advanced countries, while developing regions like Africa and the "BRICs" (Brazil, Russia, India, China) are in desperate need of qualified managers and skilled entrepreneurs.
The shortage of skilled local managers cripples projects and programs in sectors critical to raising living standards, such as health care, agribusiness and education, not to mention job creation.
For the developing world to have the management talent it needs to generate prosperity.
The Solution: The Power of Local Management Education
A class at GBSN Member Lagos Business School, Nigeria
Importing talent is expensive and can fail due to lack of cultural and regional knowledge. Developing country students can earn degrees in advanced countries, but many choose not to return home – creating a "brain drain”.
Stimulating the growth of local management education institutionsguarantees that year after year locally trained managers of steadily increasing quality meet the demands of their growing economies. This local capacity-building approach is the only sustainable solution to fill the management talent gap.
Build management education capacity for the developing world.
We harness the power of a global network of leading business schools to facilitate collaboration and share knowledge, advancing management education that delivers international best practice with local relevance.
GBSN: A Network Approach to Building Capacity
GBSN members sharing ideas at the 2011 Conference in Mexico City
By fostering connections between top international business schools and developing world educators, GBSN helps schools and faculty at different stages of development learn from one another. This dynamic network catalyzes new ideas, cultivates partnerships and disseminates knowledge around the globe.
Drawing from its network of business schools, GBSN designs and implements capacity-building programs for schools in the developing world.
GBSN assembles teams for projects that no one top business school would be able to spare resources for alone. GBSN programs make the most of limited resources to provide international best practice with local relevance.