Philosophy

One of the most frequent complaints voiced in developing countries is the shortage of well-trained local managers. Firms, NGOs and governments have a hard time hiring and retaining local managers. Even massive amounts of foreign aid often fail to deliver good services because of a shortage of able managers "in the trenches". Bringing in expatriate managers is too costly and unsustainable. Training people abroad often encourages brain-drain. The only sustainable way to enlarge the pool of well-trained local managers is to nurture local management schools, building up their capacity by mentoring professors, modernizing pedagogy and crafting teaching programs that meet local needs. Such capacity building in developing countries, whether in existing or new management schools, is the primary mission of the Global Business School Network.

Local management schools have not received much assistance from government aid agencies and philanthropic institutions. Indeed, the importance of good management schools in national development has not been widely recognized. In advanced industrial countries, business schools play an important role in knowledge networks generating and diffusing innovation. It is our firm belief that local business schools in developing countries can play a similar role, helping for example to improve local health systems and speeding up progress in agriculture and agri-business.

 

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
 

GBSN is committed to environmental mindfulness and stewardship in all its activities. This commitment arises from a sense of concerned citizenship and moral duty and from a desire to teach and lead by example. GBSN gives a high priority to integrating environmental awareness and responsibility into the daily life of the network. Respect and care for the environment, sustainable living, and intergenerational responsibility are among the fundamental values that guide planning, decision-making, and procedures. All individuals in this network have personal responsibility for the way their actions affect the local and global environment.

Today's managers and the MBAs that will follow them are in need of an education that grounds business ethics and the overarching concerns of sustainable development into the curriculum. By the nature of our work, GBSN encourages business schools to prepare students for a comprehensive approach to social and environmental stewardship. GBSN recognizes that education for sustainability/development is an emerging field whose benefits should be infused throughout the business community. “Learning the way out” of unsustainable business models is a key tool for successful problem-solvers.

 


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Food for Thought

"Building national competitiveness through the development of human capital is one of the most important factors for building a private sector, completing the transition to a market-oriented economy, and creating an environment that allows for sustainable economic growth."
 
-"Assessment of Graduate Management Education", William Davidson Institute, University of Michigan Business School (2003)