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LATAM-Session-6.Pdf BUSINESS SCHOOL COLLABORATION DIMENSION OF BUSINESS SCHOOL COLLABORATION Joint Degrees Transnational Blended Education Double- Programs Models Degrees Online Source: Badgett, 2016 DIMENSION OF BUSINESS SCHOOL COLLABORATION Influence Train Collaborative Other Types Research of Partnerships Consulting Source: Badgett, 2016 CHALLENGES OF BUSINESS SCHOOL TO INDUSTRY COLLABORATION Leadership (who Leads the Time horizons Collaboration) Communication Academic Skills Source: Badgett, 2016 BUSINESS SCHOOL TO BUSINESS SCHOOLS COLLABORATION What Common Views Do We Have? In Terms Of … Research Output? (articles-social impact) In terms of …. Faculty development? In terms of…… Business Community ? In terms of …… New Generations? STRONG PARTERNSHIPS ARE BASED ON SHARED PURPOSES UNIFYING CRITERIA REGARDING BUSINESS CONTEXT A NEW GENERATION OF LATIN AMERICAN TECH STARTUP A DIGITAL REBOOT FOR INCLUSIVE GROWTH The billion dollar tech club in Latin America Includes startups ( unicorns) and firms that went public or were acquired by global firms Mexico • KIO Networks • Softtek Colombia Brazil • LifeMiles • 99 • Rappi • Arco • Ascenty • B2W Digital • Ifood • Nubank • PagSeguro Chile • Stone pagamentos TOTVS • Crystal • Lagoons Argentina • Despegar.com • Globant • MercadoLibre Source: McKinsey Global Institute, 2019 • OLX Of Latin American household had internet Access 22% 45% Of Latin American household had internet Access OECD 83% Of Latin American household had internet Access ENTREPRENEURSHIP ECOSYSTEM STARTUP SUB SECTOR LIFECYCLE Advanced Manufacturing & Robotics 200% Blockchain 150% ) GROWTH AI years 100% (5 Health and Life AI, Big Data & Analytics Science Biotech Growth 50% Fintech Stage MATURE Cleantech 0% Edtech Early -50% Digital Media Gaming Adtech DECLINE 100% 150% 200% 250% Source: Startup Genome, 2018 Exits Growth (5 years) TOP 4 GROWING SUB-SECTORS 1. Adv. Manufacturing & Robotics (189% 5-year increase in early stage funding deals) Their median age is 39 years old 2. Agtech & New Food (171% 5-year increase) 53% have graduate degree 3. Blockchain (163% 5-year increase) BUSINESS SCHOOLS ARE AND WILL BE RELEVANT IN THE FUTURE OF BUSINESS 4. Artificial Intelligence, Big Data & Analytics (77.5% 5-year increase) Startup Genome, 2018 ENTREPRENEUR CONNECTIONS AND GLOBAL MARKET REACH Bubble size indicates the percentage of inbound Entrepreneur Connections 40% Tel Aviv 35% Silicon Valley ) 30% users New York City Reach 25% 20% continent Market Sydney London out 15% Los Angeles Global Singapore (% of 10% Toronto 5% 0% Beijing 2 4 6 8 10 12 Source: Startup Genome, 2018 Global Connectedness ( number of quality relationships with founders from top ecosystems) LATIN AMERICAN ENTREPRENEURSHIP ECOSYSTEM 2,9% years perdurability Weak Ecosystem Low Level of Low level of patents Innovation Patent applications for the top 10 offices Australia 28,906 28,394 WHERE WAS PATENT ACTIVITY HIGHEST? Canada 35,022 34,745 Russian Federation 36,883 45,587 India 46,582 45,057 Germany 67,712 67,889 EPO 166,585 159,358 Republic of Korea 204,775 208,830 Japan 318,479 138,381 U.S 606,956 605,571 China 1,381,594 1,338,503 -200,000 0 200,000 400,000 600,000 800,000 1,000,000 1,200,000 1,400,000 1,600,000 Source: Wipo, 2019 2017 2016 BUSINESS SCHOOLS From: individual To: Impact on support to Ecosystems entrepreneurs SHIF TOWARDS EVIDENCE-BASED INSTRUCTION S T E A M Approach Science Technology Engineering Arts Mathematics Deep Data Science Skills Steve Business S Student T Teaching E Education V Values E Experience HIGHER EDUCATION MACRO FORCES The emergence of universal access to higher education The emergence of more effective forms of teaching and learning The emergence of right-based approach to higher education Number of Multilatinas by country, 2018 vs 2009 (Out of 100 total companies) 26 Brazil 34 28 Mexico 28 18 Chile 21 9 Argentina 7 11 Colombia 5 2018 2009 5 Peru 3 3 Other 2 0 5 10 15 20 25 30 35 40 Source: BCG, 2018 SHARED PURPOSE WITH SOCIAL IMPACT CASANARE Implementation of an Irrigation system ANTIOQUIA BOLIVAR BEFORE AFTER We might have different perpectives and strategies, but we have several common challenges that neeed to be tackled urgently SHARED PURPOSE WITH ACADEMIC OUTPUTS ACADEMIC PROCESS OUTCOME Business Schools added value LEVEL OF EMPLOYABILITY MULTILINGUALISM HIGH SCHOOL ENTREPRENEURSHIP INTERNATIONAL EDUCATION EXPERIENCE GLOBAL COMPETENCIES SOCIAL SENSITIVITY A CALL FOR: AN INTELLECTUAL REVOLUTION WHAT ABOUT LATIN AMERICAN SCHOOLS OF THOUGHTS ? WHAT ARE WE DOING REGARDING • 1. foto AmazonasCLIMATE CHANGE? source: BBC BRAND EQUITY Student Brand Brand Brand Business Association Recognition Recall Alumni Community How should our Business School be recall? Central Government University REFRAMING BUSINESS SCHOOL MINDSET WE ARE LIONS International Business School collaboration and partnerships Gaston J. Labadie How to get out AMBA-BGA Latinamerican Conference for of the “trap in Deans and Directors the middle” ? Quito, September, 2019 Organizers´ Provocation: Business School curricula, students and faculty are increasingly demanding global perspectives, so how can Business Schools collaborate with each other to strengthen their brands more effectively? How can Business Schools collaborate to share the IT and programme development costs of increasing digitisation in online and lifelong learning? Will the formation of the ‘Future of Management Education Alliance’ comprising non-competing Business Schools around the world be replicated by other Business Schools, in the same way that airlines created partnerships such as Oneworld and Star Alliance? GASTON J. LABADIE The traditional driver of alliances: Internationalization Strategies SOURCE: DE LA TORRE, JOSÉ - INTERNATIONALIZATION STRATEGIES FOR THE MBA, LATIN GASTON J. LABADIE AMERICAN CONFERENCE FOR DEANS AND DIRECTORS, AMBA, PUNTA DEL ESTE, 2015 Double degree as the strongest strategic choice | (residence in two countries) GASTON J. LABADIE There is no shortage of such alliances… GASTON J. LABADIE Where I am coming from … SOURCE: IÑIGUEZ DE ONZOÑO, S. 2010 THREE IDEAS ON THE GASTON J. LABADIE FUTURE OF MANAGEMENT EDUCATION. The “present” of Online Business Education and Partners in platforms … Global Integrated Schools –Harvard, MIT, Tsinghua, Stanford - and International Postgraduate Schools playing in different arenas: Coursera Specializations and Certificates MasterTrack (2012; Princeton, Stanford, U of Michigan, Upenn; 196 partners; Master's in Innovation and Entrepreneurship (OMIE) from HEC and Master's of Accounting (iMSA) and Master of Business Administration (iMBA), University of Illinois. edX MicroMasters (MIT – Harvard, May 2012, Tsinghua , May 2013; 2019: 108 total academic members; stacked Micromasters and blended. FutureLearn (The Open University Dec. 2012, 12 British Universities; 169 total members: 83 academic members; Coventry and Deakin as major new players in the online Masters degrees. Udacity Nanodegrees (June 2011) Innovated with the first fully MOOC MSc in Computer Science from Georgia Tech. XuetangX (Tsinghua, October 2013; 143 academic members; Tsinghua-310 courses-, Xi´an Jiatong -47 courses-, China Institute of Entrepreneurship -21 courses-, Central South U. -20 courses-,To n g j i , Jilin, Fudan, but also Stanford but also ACCA -11 courses. GASTON J. LABADIE MIT and Arizona State University created stacked masters degree on edx A new collaboration between edX,Arizona State University and MIT has resulted in an online master's degree program in Supply Chain Management that stacks credits from both universities. Students who complete the MIT Supply Chain Management MicroMasters program and then apply and gain admission to ASU can then earn a graduate degree from ASU's W. P. Carey School of Business and ASU Online, all on edX. Anant Agarwal, edX CEO and MIT professor, in a statement. ..: This new offering truly transforms traditional graduate education by bringing together two top-ranked schools in supply chain management to create the world's first stackable, hybrid graduate degree program. This approach to a stackable, flexible, top-quality online Master's degree is the latest milestone in addressing today's global skills gap." by Rhea Kelly 6/25/19 GASTON J. LABADIE In LATAM GASTON J. LABADIE What is different in the Future of Management Education Alliance ? GASTON J. LABADIE HTTPS://FUTURE-MANAGEMENT.EDUCATION/#PARTNERS (CONSULTED ON 19/8/2019) SOURCE: HTTPS://FUTURE- GASTON J. LABADIE MANAGEMENT.EDUCATION/#ABOUT Drivers: Future of Management Education Alliance Ivey´s acting dean Mark Vandenbosch: “The differentiation you can provide from other schools on these platforms (like Coursera) is going to be moderate because all the functionality is the same,” he says. (FT, March 2019). GASTON J. LABADIE Drivers… Future of Management Education Alliance “A central aim of the collaboration, launched in 2018, is to challenge the perception of digital education as a lesser alternative to classroom programmes”, says Nick Barniville, an associate dean at ESMT Berlin (FT, March 4, 2019). GASTON J. LABADIE Drivers ? Future of Management Education Alliance “ The fear is that the dominant tech platforms could become as well- known, or even more so, than the schools, among students in the market for top courses. FOME helps to guard against this: all the schools part-own the platform so they need to use only their own branding on courses.” (FT, March 4, 2019). GASTON J. LABADIE But there are also the well described positive effects of platforms: Network Effects Positive
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