TY - BOOK AU - Peters,Kai AU - Smith,Richard R. AU - Thomas,Howard TI - Rethinking the business models of business schools: a critical review and change agenda for the future SN - 9781787548749 AV - HF1106 .R48 2018 U1 - 650.0711 23 PB - Emerald Publishing Limited KW - Business schools KW - Mathematical models KW - Education KW - Vocational KW - bisacsh KW - Industrial or vocational training KW - bicssc N1 - Includes index; Includes bibliographical references N2 - Management education growth and the rise in accompanying business schools over the last few decades are fuelled by global economic development, coupled with the promise of success in business careers. Recently, questions have been raised about the value and relevance of a traditional business school education - so what does the future hold for traditional business schools. In this book, we examine the current model and the pressure points of business schools by considering the evolution of - and the various value chains that are associated with - business school offerings (including MBA, undergraduate, pre-experienced and executive programmes). We also offer insight on funding and value orientation, and the potential challenges these may raise for some schools. To highlight these challenges, we provide a strategic group framework for business schools and review the implications of future strategies for these groups. Finally, after reviewing the current landscape of business school mergers, alliances and failures, we reflect on innovation considerations for the business school business model. Management education is changing, and business schools must be ready to re-evaluate their strategies for growth... and, in some cases, survival UR - https://www.emerald.com/insight/publication/doi/10.1108/9781787548749 ER -