Posted by: Alison Damast on January 19, 2012
Last February, the Association to Advance Collegiate Schools of Business made a plea to business schools to make globalization more central to the B-school curriculum and do a better job of preparing students for conducting business in different cultures. The Yale School of Management appears to have taken the spirit of that report to heart, and is in the midst of forming what it’s dubbed the Global Network for Advanced Management.
Unlike typical partnerships between business schools, usually formed so students can spend a semester abroad, this network will be a forum where business school deans from around the world can gather and exchange ideas, said Stanley Garstka, deputy dean of Yale’s business school. The school is looking to attract deans from all over the world, and is recruiting management education leaders from Mexico, Chile, Brazil, Costa Rica, Ireland, Poland, South Africa, Ghana and the Philippines, among others, Garstka said.
“We are trying to get a much more representative, collective voice on what are the challenges facing management leadership today and going forward,” he said. “I want the dean from Ghana and the dean from Turkey to have just as large a voice in these discussion as the deans of INSEAD or Yale.”
Members of the network so far include INSEAD, which has campuses in France and Singapore, and the National University of Singapore, Garstka said. The school plans to formally announce the other members of the network at an event in New York this April, he said.
The group will meet about four to five times a year at different locales around the world, and discuss the challenges their respective schools and economies are facing. The ideas that arise from these meetings will be posted to a website that Yale will develop for the group. In addition, Garstka hopes that the discussions sparked among the deans will help Yale and the other partner schools write more "informed case studies about what the real issues are where they are located," he said.
Yale students and those from network partner schools will also benefit from these new alliances. Starting next fall, Yale will launch a new one-year Master in Advanced Management degree program, which will be open only to about 15 or 20 students from these partner schools. The degree would essentially be an optional "third year" of an MBA for these students, allowing them to take courses that may not be available at their home schools, take other electives in their area of interest and mingle with current MBA students, Garstka said.