RELEASE: AACSB advocates for business schools to boldly innovate and lead with a new value proposition

The position paper and the Pathways to Innovation guide elevate the value that business schools bring to companies, permanent students and society.

RELEASE: AACSB advocates for business schools to boldly innovate and lead with a new value proposition

The position paper and the Pathways to Innovation guide elevate the value that business schools bring to companies, permanent students and society.

TAMPA, Fla., April 24, 2023 /PRNewswire/ -- AACSB International (AACSB) has released a position paper and innovation guide outlining a new value proposition for business schools. The document inspires schools to "lead boldly" and collaborate across businesses and across disciplines as they prepare the next generation of global leaders. In the report, AACSB highlights the value that business schools bring and the many ways in which they positively influence their universities, businesses, economy, and society.

The document is the result of an in-depth analysis of business and lifelong learning needs, as well as market drivers affecting the business education ecosystem. Through six key themes, business schools are called upon to:

"Business education, and higher education, is undergoing monumental changes right now, and business schools are well positioned to elevate the value they offer while responding to the changing needs of businesses," said McRae C. Banks , Chairman of the AACSB Board of Directors and Dean of the Bryan School of Business and Economics at the University of North Carolina at Greensboro. "Business schools are incubators of new knowledge, providing students with the problem-solving and analytical skills necessary for business innovation."

To help navigate this change, AACSB has created a framework to help schools assess their competencies, opportunities, and partnerships, and discover how they can boldly lead in areas that further differentiate them in the markets they serve.

"Our world needs agile leaders now more than ever," said Alex Triantis, vice president-elect of the AACSB Board of Directors, chair of the AACSB Innovation Committee, and dean of the John Hopkins Carey Business School. "As business schools continue to innovate to meet stakeholder expectations, it is important that they share their insights and insights while providing equitable educational access to lifelong learners who aspire to become leaders. entrepreneurs and entrepreneurs."

To learn more about ways business schools can lead boldly, visit Let's Lead Boldy: Elevating the Value of Business Schools and download the AACSB report, Pathways to Innovation: An Exploratory Guide for Business Schools.

About AACSB International

Founded in 1916, AACSB International (AACSB) is the world's largest business education alliance, connecting educators, students, and businesses to create the next generation of great leaders. With members in more than 100 countries and territories, AACSB fosters engagement, accelerates innovation, and amplifies impact in business education. Find out how AACSB and business schools around the world are boldly leading business education at aacsb.edu.

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