Global Business School Network - Three Ways to Grow Managers For Developing World
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- Sibyl Bradford
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1 Global Business School Network Building Capacity Change World GBSN is a nonprofit organization on a mission address severe shortage of management talent in developing world. Through an international network of leading business schools, GBSN builds capacity of management educars and institutions provide training that local entrepreneurs, managers and service providers need improve living conditions and generate prosperity. Global Business School Network 1010 Vermont Ave., NW, Suite 201, Washingn, DC Ph Fax info@gbsnonline.org
2 Poor Management Perpetuates Poverty The most striking global development of last twenty years is massive shift of economic expansion away from US, Europe and Japan developing world, including BRIC countries, but also much of developing world, and notably Africa. Most of world s talent pool, however, still resides in US, Europe and Japan. All secrs of society suffer from shortages of management talent: Companies incur high training costs and engage in poaching, driving up manager compensation; Government and aid projects suffer costly waste and delays, especially when quality hands-on management in trenches is inadequate; Small business growth is hampered by lack of basic business education. The shortage of skilled local managers sets back projects and programs in secrs critical raising living standards, such as health care, agri-business and education. This is a major brake on improving people s lives. The Global Business School Network s vision is for developing world have management talent it needs generate prosperity.
3 The Power of Local Business Education There are three ways grow management talent for developing world. Only one is a truly sustainable strategy. 1. Exporting expatriates developing world Many multinational companies do this but cost is high tal compensation package of an expatriate in India can easily reach $ 500,000 annually and politics put pressure on companies replace expatriates with local managers. 2. Train students from developing world in developed countries. The problem with this path is that a substantial proportion of students choose not return ir countries adding brain drain. 3. Foster growth of local management schools. This alone ensures that year after year locally trained managers of steadily increasing quality meet demands of ir growing economies. That is what is known as local institutional capacity-building. Capacity building is unpopular with aid agencies and most philanthropic institutions because it requires a long-haul effort whose benefits more effective companies and or organizations, more jobs are difficult measure. It is, however, only sustainable strategy. The Global Business School Network s mission is build management education capacity for developing world. GBSN harnesses power of a global network of leading business schools facilitate collaboration and knowledge sharing, advancing management education that delivers international best practice with local relevance.
4 GBSN s Unique Advantages The Network Approach GBSN s network is a self-selected group of 50 of world s leading business schools who share a passion for development. No single business school has human resources needed undertake such complex programs; GBSN assembles teams of p faculty from many leading schools who work ger on collaborative, capacity-building projects. The Non-profit Advantage As an NGO driven by an altruistic mission, GBSN keeps overhead and program costs low GBSN provides a neutral space for experts from competing business schools work ger in a collaborative way Contributions by US-based funders are deductible for taxable income On Ground Experience GBSN was incubated within World Bank, which funded successful test of concept pilot programs, n spun off as an independent nonprofit organization GBSN s network represents 26 countries across five continents GBSN has facilitated more than 20 capacity building projects in over a dozen countries in developing world More than 20 African business schools have benefited from GBSN initiatives
5 What Does GBSN Do? It encourages collaboration in all directions between faculty in both North and South so that schools at different stages of development can learn from one anor. It brings ger deans, faculty and administrars of GBSN member schools through annual conference and connects m with business people, social entrepreneurs, government, nonprofit organizations foundations and ors development partners. It transfers knowledge and best practices by way of webinars and or media. It designs and implements capacity-building programs. In Pakistan, GBSN helped an industrial group establish a high-quality business school from scratch; it achieved this in two years, thanks an extraordinary advisory group drawn from schools as diverse as MIT-Sloan, INSEAD, Babson, and ors In Nigeria, GBSN helped develop a Certificate in Entrepreneurial Management, bringing ger faculty of Pan-African University, Wharn, Darden and ors; that Certificate became a model for Goldman Sachs s 10,000 Women program. Toger with Nairobi s Chandaria School of Business, GBSN helped create local teaching cases relevant Kenyan agri-business operars, bringing in menrs from IMD and or p schools. In Senegal, GBSN worked with a local business school, ISM, menr professors in case writing; first teaching cases on African francophone companies were generated as a result; Similarly, in Kenya, GBSN was instrumental in introducing case method, resulting in more than 200 local cases have been produced since program inception, thanks collaboration between local universities and faculty from IESE, IMD, Columbia and or schools. Toger with experts from Duke and Berkeley, GBSN monired and evaluated a pioneering management training program for government primary health care providers of many Nigerian states In Republic of Congo, GBSN helped Government get a regional Central African Business School off drawing board.
6 GBSN s Current Network GBSN Members are leading business schools share from a around commitment management education globe that advancing for developing world. Brazil Fundação Dom Cabral Chile Universidad del Desarrollo Escuela de Economía y Negocios China Hong Kong University of Science and Technology Colombia Universidad de los Andes School of Management Denmark Copenhagen Business School France ESSEC School of Business INSEAD India Indian School of Business Institute of Management Technology, Ghaziabad Italy SDA Bocconi School of Management Kenya Chandaria School of Business, United States International University Strathmore Business School Morocco ESCA, Ecole de Management Mexico IPADE Business School Nigeria Lagos Business School, Pan-African University Pakistan Institute of Business Administration, Karachi (IBA) Suleman Dawood School of Business, Lahore University of Management Sciences Philippines Asian Institute of Management Portugal Nova School of Business and Economics Russia St. Petersburg State University Graduate School of Management Singapore National University of Singapore Slovenia IEDC-Bled School of Management South Africa Gordon Institute of Business Science UNISA Graduate School of Business Leadership University of Cape Town Graduate School of Business University of Stellenbosch Business School Wits Business School Spain IESE ESADE Sweden Umeå School of Business and Economics Switzerland IMD University of St. Gallen for Business Administration, Economics, Law and Social Sciences Tunisia Mediterranean School of Business (MSB) Turkey Koç University s Graduate School of Business United Kingdom London Business School United States Babson College Columbia Business School Darden Graduate School of Business Administration, University of Virginia Darla Moore School of Business, University of South Carolina George Washingn University School of Business Haas School of Business, University of California, Berkeley Kellogg School of Management, Northwestern University Kenan-Flagler Business School, University of North Carolina at Chapel Hill MIT Sloan School of Management Stephen M. Ross School of Business, University of Michigan Thunderbird School of Global Management Tuck School of Business at Dartmouth UCLA Anderson School of Management University of Chicago Booth School of Business University of Maryland s Robert H. Smith School of Business Executive Board Member: Actively engaged in shaping network, playing an important role in achieving GBSN s mission.
7 Funding Support from corporations, business foundations, schools, NGOs and private donors GBSN allows GBSN deliver programs that create lasting change in developing world. Network members GBSN member schools pay annual contributions in support of GBSN s mission Foundations GBSN receives grant funding for carrying out capacity building initiatives from foundations such as: Bill and Melinda Gates Foundation Lundin Foundation Tony Elumelu Foundation Fondation Congolaise pour l Education Corporates GBSN receives corporate support for both core activities as well as specific programmatic initiatives: Core support by members of Corporate Leadership Council: Goldman Sachs Foundation SIX Swiss Sck Exchange Johnson & Johnson Support of a particular program or activity: Johnson & Johnson for development of Health Management case studies Goldman Sachs 10,000 Women Corporate direct support: Gravitas a Washingn asset management company focused on Africa and Caribbean Private Donors GBSN receives donations from individuals in support of its mission.
8 GBSN Governance Board of Direcrs Syed Babar Ali Chairman Packages Limited Pakistan Dr. Manu Chandaria Chairman Mabati Rolling Mills Ltd. Kenya James W. Dean Dean Kenan-Flagler Business School, UNC Chapel Hill USA Sonia de Demandolx Managing Direcr Russell Reynolds Associates France Alan Gelb, Secretary/Treasurer Senior Fellow Center for Global Development South Africa Dr. Peter Gomez Chairman SIX Swiss Exchange Group Switzerland Mari Kuraishi, Chair Co-Founder & President GlobalGiving Japan Guy Pfeffermann Founder and CEO Global Business School Network France Carol Realini Entrepreneur USA Advisory Board Thomas C. Barry President and CEO Zephyr Management, L.P. Unmesh Brahme President & Co-Founder Climate Civics Institute Managing Direcr & CEO SustainabilityCXO Partners Worldwide Harry G. Broadman Managing Direcr PricewaterhouseCoopers LLP Baroness Chalker of Wallasey Founder Africa Matters Limited Lord Brian Griffiths International Advisor Goldman Sachs International Javed Hamid Senior Managing Direcr IESC David Hampshire Direcr Africa Practice Nazeer Aziz Ladhani Senior Advisor Aga Khan Development Network Frank Lysy Consultant Mutuma Marangu Direcr Green Resources AS Joseph Massey Partner Sierra Asia Mora McLean President & CEO Africa-America Institute Nkosana Moyo Co-founder The Mandela Institute for Development Studies Joseph O Keefe Freelance Writer & Edir Keith Richards OBE Managing Direcr Promasidor Nigeria Ltd. Academic Advisory Board Alfonso Bolio Dean IPADE Business School Will Mitchell Professor Fuqua School of Business David Capodilupo Executive Direcr MIT Sloan School of Management Enase Okonedo Dean Lagos Business School Jonathan Cook Executive Direcr Gordon Institute of Business Science H. Landis Gabel Emeritus Professor INSEAD Robert Kennedy Executive Direcr William Davidson Institute Kristiana Raube Adjunct Professor Haas School of Business Javier Sanmá Professor, Financial Management IESE Business School
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