The Business School of the Future

Facing questions about the status and legitimacy of business schools, many of the world's leading institutions are now experimenting with new business models. In The Business School of the Future, former president of International Institute for Management Development (IMD), Peter Lorange reveals how the era of virtual technology, and the shift away from conservatism in classical academic institutions, heralds the arrival of a new kind of accessible and scalable business school. Drawing on his expansive and expert experience as a professor, leader and founder of academic institutions across the US and Europe, Lorange discusses the pedagogical and bureaucratic aspects of education and includes five case studies of institutes practicing the cutting-edge approaches discussed in the book (CEIBS, IMD, Singapore Management University, IE Madrid and Hult). This guide to designing the business school of the future, incorporating industry innovations, will appeal to business school deans, educators, policymakers and commentators.

Foreword; 1. Why are business schools generally so static, and why is new knowledge needed?; 2. Evolution of the conventional business school; 3. The faculty and the dean/president; 4. Modern pedagogy and managing resources; 5. Research, marketing, and connecting; 6. Innovations and a change culture; 7. Eight cutting-edge dilemmas and strategic projects; 8. Emerging business models: network organizations for business schools; 9. The future: a new context, and what we might expect; 10. Eight case examples; Appendix A; References.

Peter Lorange is founder, Chairman and CEO of the Lorange Network. Previously he was the President of the International Institute for Management Development (IMD), Lausanne, as well as Professor of Strategy and the Kristian Gerhard Jebsen Chair of International Shipping. Lorange has written or edited over twenty books and more than 120 articles.