21 st century leaders. the role of business schools (and employers)
TRANSCRIPT
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21ST CENTURY LEADERS.
The role of business schools (and employers).
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21ST CENTURY LEADERSHIP, CMI, JUNE 2014
21ST CENTURY LEADERS
Help Shape Curriculum
› Bring academics and employers together
› Identify skill gaps between what employers need and what students are learning
› UK wide events and 1000+ inputs
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21ST CENTURY LEADERSHIP, CMI, JUNE 2014
CONTEXT.
› Largest undergraduate course taught in UK
› 231,480 F/T & P/T students
› 105,770 post graduate students
Source HESA data 2012/13
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21ST CENTURY LEADERSHIP, CMI, JUNE 2014
SO WHY CHANGE?
› 31% of employers: no business case
› 40% employers: business schools don’t understand their needs
› 47% employers don’t know if business schools are well connected with the local business
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21ST CENTURY LEADERSHIP, CMI, JUNE 2014
EMPLOYERS WANT 5 THINGS.
1. Work Experience: Make it Easier & Mandatory
2. People management skills
3. Improved SME Offer
4. Managers with: ◦ Ethics and integrity◦ A global mindset
5. Professional Practical Qualifications
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21ST CENTURY LEADERSHIP, CMI, JUNE 2014
1. WORK EXPERIENCE: EASY & MANDATORY
› Work experience to be mandatory for every student
› Make it easier for employers:
› one-stop portals
› single point of contact
› remove barriers e.g.
excessive form filling
› keep pay levels reasonable
› swift and effective support
› Mentoring schemes
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21ST CENTURY LEADERSHIP, CMI, JUNE 2014
2. PEOPLE MANAGEMENT SKILLS.
Learners need to be able to: ◦ Communicate and
persuade◦ Have difficult
conversations about performance
◦ Manage projects◦ Work in a team
› Management modules for non-business/ management students
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21ST CENTURY LEADERSHIP, CMI, JUNE 2014
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21ST CENTURY LEADERSHIP, CMI, JUNE 2014
3. IMPROVED SME OFFER.
› Closer relationships with employers e.g. via LEPs or local chapters of professional bodies
› Accreditation with Small Business Charter Award
› Co-design or co-deliver with SMEs
› Teach entrepreneurial skills
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21ST CENTURY LEADERSHIP, CMI, JUNE 2014
4. MANAGERS WITH ETHICS, INTEGRITY & GLOBAL MINDSET.
› All students should study abroad
› Use cross-cultural communities to build cultural knowledge
› Teach ethics and sustainability as core for business and management degrees
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21ST CENTURY LEADERSHIP, CMI, JUNE 2014
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21ST CENTURY LEADERSHIP, CMI, JUNE 2014
5. PROFESSIONAL PRACTICAL QUALIFICATIONS
› Integrate professional qualifications into curriculum
› Give employers evidence of practical skills
› Chartered Manager/Qualification gives global competitive advantage
“75% OF
EMPLOYERS SAID THAT MORE GRADUATES SHOULD SEEK PROFESSIONAL QUALIFICATIONS”