Rationale

Management education supports economic development:

  • Skilled managers enhance the growth and employment potential of firms
  • Stronger local human capital reduces need for expatriates and attracts foreign direct investment
  • Trained entrepreneurs build more competitive Small and Medium Enterprises

Local business schools can improve the investment climate:

  • Reduce brain drain: students trained locally, stay local
  • Facilitator for government/private sector dialogue
  • Train public officials and civil society leaders in market & management principles

Institution-building requires commitment from a range of stakeholders:

  • A community of shared knowledge spanning rich and poor countries
  • GBSN mobilizing and coordinating resources to build momentum for progress
  • Necessity of a central coordinating body for the Network to operate efficiently
 
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Food for Thought

With very few exceptions, MBA programs in sub-Saharan Africa are unable to effectively compete with institutions in the West. As a result, MBA programs cannot attract the best local students or faculty and often lack the leadership prowess necessary to effectively position themselves within the market.
 
-"Assessment of Graduate Management Education", William Davidson Institute, University of Michigan Business School (2003)