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Full Description
In the network economy, concepts of management knowledge, management learning, and business school organization should change. Otherwise, they will not survive the 21st century. Different (f)actors are putting new demand upon providers of management education and traditional providers of management education are faced with new competitors. Moreover, the dynamics of the playing field have changed, as have approaches to (management) learning. Management Education in the Network Economy proposes the idea of networked business school to cope with these challenges. The book deals with the following subjects: 1) Current economic and organizational realities can best be viewed from the perspective of network organization; management knowledge and education should reflect these transformations to survive. 2) The idea and organization of (management) learning are revolutionizing, as well as the market for (management) education, which brings about huge changes for business schools. 3) Business school, particularly, should capitalize on these transformations and should strategically (re)organize and (re)position themselves to compete in the playing field for management education. 4) A networked learning environment is an integrative and effective learning environment for organizing management education in the 21st century network economy. 5) The networked business school is the organizational form to survive in the 21st century network economy, reflecting the environmental changes and demands, and to realize a competitive edge in the field of management education.
Contents
1 Introduction.- Why this book?.- Managing and learning in the 21st century.- Aims of this book and target audiences.- Composition of this book.- Bookmark.- 2 The new economy.- The new economy and industrial revolution.- Defining the new economy.- The macroeconomic view: structural features of the new economy.- The role and contribution of ICT: some evidence.- Technology, information, and new economics.- ICT and economics.- Three opinions on the future of the new economy.- Value creation in the new economy: the importance of intangibles competitive resources.- Final thoughts: towards a network view.- 3 The network economy.- Informationalism: the new socio-economic paradigm.- Network technology, network economics, and network dynamics.- Network dynamics: richness and reach.- Definitions of networks.- Organizing for flexible value creation: the network enterprise.- Final thoughts: the network economy and challenges for education and business schools.- 4 The manager of the 21st century: Management knowledge, management skills, and the management curriculum.- The new production of knowledge.- Rounding out the manager's job for the 21st century.- Traits of the 21st century manager.- Competencies and skills.- Role contingency and network roles.- Levels of network management and network management capabilities.- Management knowledge for the 21st century and the business school curriculum.- The management curriculum.- Final thoughts.- 5 The new learning.- Features and principles of the new learning environment.- From teaching to learning: the consequences of a new educational paradigm.- The new learning, management knowledge, and management learning.- Pedagogical implications: 'active' forms of learning.- Organizing for learning: networks and communities of practice.-Network learning.- Education and ICT: why schools should(n't) invest in educational technology.- Limitations of ICT.- Effectiveness of educational technology.- Technology-enabled learning environments.- Pedagogical models and applications of ICT.- Management education and ICT.- Final thoughts.- 6 The institutional perspective: Business schools' markets, organization, and strategy.- Introduction: new institutional realities.- The institutional environment.- A strategy of partnerships.- Prospering through partnering: examples from networks in practice.- Perspectives on knowledge institutions: concepts of universities and business schools.- The networked business school.- Case study of the networked business school: IMD Lausanne.- Final thoughts.- 7 Epilogue: the need for strategic academic leadership.- Strategic academic leadership.- Managing imbalance: the art of network management.- References.
