A Tipping Point For Business Education?

Employees work at the headquarters of the crowdfunding platform KissKissBankBank in Paris. Emergent instruments such as crowdfunding have the potential to significantly accelerate economic development in large parts of the world. (Photo by BERTRAND GUAY/AFP/Getty Images)

When I started telling friends and colleagues around the world that I was taking up the offer to become Dean at Imperial College Business School and move to London, I received plenty of congratulations, messages of support and best wishes. And interestingly, because I was leaving Católica-Lisbon when it was something of a rising star in European business education and at a time when its host city was proving itself a creative ideas powerhouse, many of the well-wishers were keen to find out what the reasons were for my decision to accept the role. Was it because the school is part of a university with a world-class reputation? Was it the lure of living and working in such a truly international city as London? Or was it the weather?

Well, all of these played a part (except the last, perhaps), but what really convinced me was something much bigger, much more important.

Let me explain.

Every business school dean will tell you their institution is in some way unique. Given the amount of thought, energy and emotion we put into our jobs, it would be a surprise if we didn’t. But I genuinely think we have something really special here, both in terms of what we are doing already and what we are planning to do in the future. And that’s because of the intersection we work on: thriving in today’s world, across virtually every sector, requires, more than ever, bringing together technological expertise with business knowledge and entrepreneurial acumen.

And this premise is drawing in fantastic talent from the UK, Europe and around the world, be it professors, students or staff.

That was very clear to me when I met our latest incoming MBA class. Not only have they come from all around the globe, but a very high percentage of them either want to be entrepreneurs or further develop the entrepreneurial skills they have already demonstrated, and have come here specifically because of the unique research and learning environment we are offering. And what I love is the fact that they are uniformly committed, not just to being commercially successful, but to giving back to the societies they live in: local, regional and even global. Committed to creating hybrid concerns, enterprises that don’t just make money, but which also have real social dimensions.

So this brings me to the crux of my point.

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Employees work at the headquarters of the crowdfunding platform KissKissBankBank in Paris. Emergent instruments such as crowdfunding have the potential to significantly accelerate economic development in large parts of the world. (Photo by BERTRAND GUAY/AFP/Getty Images)

When I started telling friends and colleagues around the world that I was taking up the offer to become Dean at Imperial College Business School and move to London, I received plenty of congratulations, messages of support and best wishes. And interestingly, because I was leaving Católica-Lisbon when it was something of a rising star in European business education and at a time when its host city was proving itself a creative ideas powerhouse, many of the well-wishers were keen to find out what the reasons were for my decision to accept the role. Was it because the school is part of a university with a world-class reputation? Was it the lure of living and working in such a truly international city as London? Or was it the weather?

Well, all of these played a part (except the last, perhaps), but what really convinced me was something much bigger, much more important.

Let me explain.

Every business school dean will tell you their institution is in some way unique. Given the amount of thought, energy and emotion we put into our jobs, it would be a surprise if we didn’t. But I genuinely think we have something really special here, both in terms of what we are doing already and what we are planning to do in the future. And that’s because of the intersection we work on: thriving in today’s world, across virtually every sector, requires, more than ever, bringing together technological expertise with business knowledge and entrepreneurial acumen.

And this premise is drawing in fantastic talent from the UK, Europe and around the world, be it professors, students or staff.

That was very clear to me when I met our latest incoming MBA class. Not only have they come from all around the globe, but a very high percentage of them either want to be entrepreneurs or further develop the entrepreneurial skills they have already demonstrated, and have come here specifically because of the unique research and learning environment we are offering. And what I love is the fact that they are uniformly committed, not just to being commercially successful, but to giving back to the societies they live in: local, regional and even global. Committed to creating hybrid concerns, enterprises that don’t just make money, but which also have real social dimensions.

So this brings me to the crux of my point.

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