Business Education in 21st Century - A Summary from Harvard
Thursday, October 29, 2009 at 07:09PM Below is the preamble to an 80 minute live video presentation made at the Harvard's Centenary Global Business Summit on bsuiness education in 21st Century. In addition, you can download an executive summary of the lecture here. Overview On the whole, MBA programs are in decline. Their value is being questioned, and they are seen as overly emphasizing analytics rather than skill development and experiences. Deans, executives, and recruiters identified four main areas where current MBA programs are falling short: leadership; globalization; communication/presentation skills; and problem identification in ambiguous environments. In response, MBA programs are innovating and experimenting to change the MBA experience, and to help business education regain its relevance and value. They are changing their curricula and are attempting to make the learning experience more interactive, engaging, global, and experiential.