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Guy PfeffermannIt is with great sadness that I learned of Gobind Nankani’s death. Gobind, a member of GBSN’s Advisory Board, was a long-time friend, a former World Bank colleague, and a true gentleman.

A first-rate economist, he had a rare gift for marrying rigorous thinking and great empathy. His dedication to progress in developing countries, including his native Ghana, was unstinting. All who knew him shall miss him, as I do.

 

 

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Robert HansenGuest Blogger: Robert G. Hansen, Senior Associate Dean, Norman W. Martin 1925 Professor of Business Administration, Tuck School of Business, Dartmouth

Professors in most business schools are free to choose from a portfolio of tried and true teaching methods:  the traditional case study method, normally taught in a section of 30-90 students; lecture/discussion in sections of 20-65; discussion groups for smaller sets of students, say 5-20; computer-based simulations; experiential settings such as are used in the well-known Northwestern negotiations courses; and field studies.  I might be missing something but I think these are the major traditional business school methods.  At Tuck, we are pioneering a twist on the small discussion group model with our Research to Practice Seminars:  8-15 students take a deep dive into a relatively focused topic, led by a faculty member, and using primarily academic research articles to support the learning.  I have for the last three years taught such a seminar on the Economics of the Credit Crisis.  We read and discussed working papers written by financial economists, but supplemented those articles with public policy pieces and visits by bankers and regulators to class.  Overall it was one of my most satisfying teaching experiences, and the students enjoyed it too.

Professors in some business schools are not free to choose their teaching method, but are forced or heavily induced to use only the traditional case method.  I cannot see the optimality of that.

Let’s just think of a few examples where the case method would clearly be inferior, or at the very least cumbersome.

  • The typical Negotiations course. How can using a case on a negotiation possibly outweigh the experience of a mock negotiation (with of course adequate preparation and de-brief)?
  • Heavy-duty analytical material. How does one teach spreadsheet modeling skills (e.g,, Monte Carlo simulation, optimization) with a case?  Or international economics – maybe trade theory like the factor price equalization theorem?  Or modern finance theory, like option pricing or the CAPM?  I could go on and on.
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Dr. Julian Sanchez Garcia

Guest Blogger: Dr. Julian Sanchez Garcia, IPADE Business School, Mexico

Embarking on the discussion of why we think the case method is the proper way to teach management needs two initial sets of considerations.

First, let us ponder the following sets of questions:

1. Is management an exact science? Governed by exact rules? Or is it more of an art? An act of prudence that responds differently to changing environments and that allows for different responses when realities change?

2. What is more important: knowledge per-se about management theories? Or developing and perfecting the act of thinking?

Our inclination is that management is an act of prudence and that it is more important that students develop the act of thinking rather than acquire information and knowledge about business (although, obviously this is necessary, and theories and business science should be taught and learned in Business Schools).

The second consideration has to do with the discussion about how can businessmen learn about management. In this regard we believe that management can be learned in two ways:

a. Real life experience.

b. Education or instruction.

Obviously, management can be learned by managing, as many other things in life (e.g. swimming, running, etc.). Experience, understood as “the knowledge of or a skill in doing something gained through involvement to that thing”, can make a person learn and become good at a certain task.

 


 

In order for experience to be an “educational event”, (or what we are calling learning through experience) the person being educated, in this case businessmen, needs two conditions or attitudes (or the willingness to acquire them):

a. Open mind

b. Firmness of criteria

An open mind means the disposition to learn, to change our ideas, the capacity to see around us and learn from others. Without an open mind, experience can turn into routine and that would not produce a learning process.

An “open mind” is not enough, a businessman must not accept every idea that comes around. He should be able to make sound judgments, distinguish what’s true from what’s not, what’s important from what’s urgent, relevant from superficial.

The second way that businessmen can learn is from education. When we refer to education, we do not mean converting someone to a “walking encyclopedia” or a pure theorist. We are not interested in a student that knows a lot about business but is incapable of doing more and better things. There is an obvious but important difference between knowing more things and being able to do more things.

In consequence, and precisely because we think that experience is the first source of learning, the proper teaching method should tend to multiply those experiences and observation exercises and stretch them to the limit allowing the person being educated to make rigorous judgments, so that that experience can become a real educational process. We believe that the case method can do just that.

A simple description of what we understand by the case method can help us rap up this first discussion:

A systematic dialogue, based on real situations through which the participants can achieve experiential learning enriched with scientific knowledge and theory.

This post is part of a series that will address various aspects of Case Method throughout the month of September.  We encourage you to follow the conversation, respond to guest bloggers and share your own thoughts.  Follow GBSN on Twitter or Facebook to stay up to date on the latest throughout Case Method Month.


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Guy PfeffermannThis September the Global Business School Network is excited to be taking an in-depth look at the use of case method in business education.  We’ve got featured bloggers lined up, faculty development webinars on the schedule, a revised case study database and a new working group to keep the conversation going.

Since our inception, GBSN has promoted the use of case studies to strengthen management education for the developing world.

In 2005 GBSN worked with GIBS, Johannesburg’s Gordon Institute of Business Sciences, to produce the first week-long “Teaching the Practice of Management” case teaching program. This program was later taken on by the Association of African Business Schools, a GBSN partner organization, and has been run annually ever since. At this point over 350 African faculty have taken the course, a number of whom have became “Master Teachers,” mentoring junior faculty in case teaching.

USIU Case Studies

This poster celebrates GBSN’s first cooperative case writing project, which was undertaken at the request of the United States International University of Nairobi. Its success prompted the Government of Kenya to use World Bank funding to extend GBSN’s project to three other Nairobi business schools. By now over 200 local cases, mostly of small companies, are available to faculty and students, and thanks to the enhanced capacity of Kenyan business schools, new cases continue to be written.

Of course, cases are only one of the arrows in a management school’s quiver. Very few   business schools use only cases. So, why has GBSN emphasized case teaching?

 

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Guy PfeffermannAs a student I always dreaded going back to school. I didn’t like being stuck in the classroom when I wanted to be out in the world exploring. It’s funny how now I find myself eagerly anticipating the start of the school year. It is quite wonderful to see our growing membership so engaged in our shared goal of strengthening management education.

We have a bounty of expertise and perspectives from many different corners of the world, which are coming together this Fall for a variety of programs that wouldn’t be possible without this unique global network. For example, GBSN is convening a panel for the International Council for Small Business Conference in Washington, DC called “Around the World in 60 Minutes,” which will include experts from the Mediterranean School of Business in Tunisia and Pan-African University in Nigeria, among others.

This is the kind of program that builds connections, shares knowledge and develops new ideas across schools, and across borders. It is indicative of the power of our network to strengthen management education, which continues to grow as more schools and partners join the effort.

In September we’ll be at Columbia Business School with a panel of businesses and educators addressing smallholder farms and agribusiness. In October we’ll host a webinar on succession planning for family businesses in different countries. For November’s Global Entrepreneurship Week GBSN is teaming up with George Washington University School of Business to bring together an international panel on technology and entrepreneurship. Plus, all month long in September many of our schools and partners will be blogging, hosting webinars and participating in discussions for our very first “Case Method Month.” And that’s just for Fall semester.

It is through GBSN that I now have the privilege of exploring the world all school year long.

I encourage you to explore along by getting engaged yourself. Participate in webinars, events and online discussions, and let us know if you would like to host one. Use GBSN to find like-minded partners for research or projects. Tell your colleagues, students and partners about GBSN. Finally, be sure to let us know about conferences, seminars and programs that you are planning so we can spread the word.

It is you, our members and partners, who are making the Global Business School Network successful. Your passion and commitment to advancing management education for the developing world inspires and drives us. We work constantly to make this community a robust learning and networking environment that will help you to further your own efforts. With your support we’ll have another fruitful year to celebrate when we meet again at the 7th annual GBSN Conference next summer.

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