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Why B-Schools Need to Incorporate Experiential Learning

Posted By Page Schindler Buchanan, Wednesday, March 26, 2014
Page Schindler BuchananThere was a great blog post this week from the Wall Street Journal about Hult International Business School's findings that what many b-schools are teaching doesn't correlate with what businesses need in order to be successful.  

"Hult International Business School interviewed 90 CEOs and other executives from companies including Accenture PLC, Unilever PLC and Liberty Mutual Insurance to get their take on the current state of business education, and found that the reviews are far from glowing. Respondents said students lack self-awareness, can’t work in teams, have poor critical thinking skills and come up short on creativity."

Reading it, I couldn't help but think about the power of experiential learning - through student consulting projects, case method teaching, simulations, etc. - to provide the critical thinking, confidence in decision making and interpersonal skills that managers and entrepreneurs need when they leave school.  In both advanced and developing countries, these are real issues that educators need to be considering as they develop management education programs.  

GBSN has long worked to develop the capacity of schools to deliver these types of programs to build the pool of management talent for the developing world, from helping to get local cases written, to matching schools with student consulting projects, to delivering training to faculty on how to administer consulting projects.  

Read the article here: Business Schools Flunk When CEOs Grade the Test

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