The Role of Business Schools and Their Challenges in Educating Future Leaders: Looking Back to Move Forward

Abstract

In this chapter, we discuss the most debated challenges for Business Schools and management education. If Business Schools want to develop responsible future leaders, they need to rethink their role. Through a structured content analysis of the past 3-years academic research on the role of Business Schools, we describe five major challenges and approaches to them. The first one is innovation (in terms of what and how to teach, and governance). The second one is relevance for practices (in terms of employability and impactful teaching and research). The third one is academic reputation (in terms of accreditation pressure and accessibility). The fourth one is promotion of intercultural differences, while the last one is interdisciplinarity (in terms of contaminating different disciplines).