The traditional paradigm of business schools is not well suited to deal with the ambiguity and a high rate of change over many industries today. The typical MBA program is focused on analytical and cognitive skills, stylized treatment of real-world business problems and self-centered career move with a limited recognition that management is as much art as science. These new challenges that managers now face call for a shift in emphasis towards topics that are not well covered in science, from the role of intuition t … Read more »

The traditional paradigm of business schools is not well suited to deal with the ambiguity and a high rate of change over many industries today. The typical MBA program is focused on analytical and cognitive skills, stylized treatment of real-world business problems and self-centered career move with a limited recognition that management is as much art as science. These new challenges that managers now. Before calling for a shift in emphasis towards topics that are not well covered in science, from the role of intuition, how to navigate uncertainty (as opposed to risk) or to compensate for focal and peripheral vision This article examines the teaching, research and governance issues in this new learning imperatives pose for business schools and offers some constructive suggestions for fixing them, in part, on the experience of the Wharton Mack Center for Technological Innovation based.
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Paul J.H. Schoemaker
Source: California Management Review
22 pages.
Release date: 01 Registered in May 2008. Prod #: CMR399-PDF-ENG
The challenges for the future of the business: Rethinking Management Education HBR case solution