“We have developed a monster with the MBA that ought to not exist,” explained Paul Polman, the previous Unilever boss who now chairs the Saïd Organization College at Oxford. Warning that the qualification experienced “a slim definition of success” and would turn into “obsolete” in a single or two several years, he informed a assembly of deans at Davos final month that schools were being failing to adapt their educating to the requirements of the business community.
Mr Polman’s sights are echoed by a developing range of business leaders who say that sustainability, purpose and accountability are at minimum as crucial as profit maximisation at any cost. They take into consideration that business schools will need to adapt their teaching and investigate appropriately.
“Our upcoming is at stake,” suggests Clementine Roberts, head of Oikos Intercontinental, a network of students dedicated to embedding sustainability into economics and management educating. “Business schools