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THE CREATIVE CORE ADDING ETHICS DISCIPLINED INNOVATION PREPARING STUDENTS FOR WAYS TO DESIGN AN ETHICS- HOW TO EMBRACE NEW IDEAS IN JOBS IN THE MACHINE AGE P. 36 BASED CURRICULUM P. 48 A CHANGE-AVERSE SYSTEM P. 56 AACSB INTERNATIONAL JANUARY | FEBRUARY 2016 ARE BUSINESS SCHOOLS READY? P. 20 21st Century Global Business Leaders Start in South Carolina At the Darla Moore School of Business, we prepare students for the jobs of today and the future. Our students graduate with critical thinking skills, robust functional career skills, essential interpersonal soft skills, real-world experiential problem solving and applied business analytics experience. We achieve this ROADMAP by integrating course work and real-world learning in classrooms, companies and markets around the globe. The results: engaged corporate partners who hire our students, committed alumni and growing demand for our unique programs. #1 undergraduate and graduate #12 undergraduate and graduate international business programs supply chain programs —U.S. News & World Report —Gartner SCHOOL OF Our international business programs integrate Our Global Supply Chain and Operations BUSINESS strategic classroom learning with in-depth Management students learn how to apply international experiences to immerse students contemporary business-process design and in the world of business, learning from: improvement tools to optimize real-world operations and supply chains from source to market. • Deep contextual understanding of international markets Our students apply these skills to solve tough supply • In-country language immersions chain problems for corporate partners through • An exceptional array of academically faculty-led student consulting projects. Students can focused study abroad options also earn an industry-validated Six Sigma Green Belt. • Cohort programs on five continents • Unique partnerships with more than The outcomes of this program: 50 of the world’s leading universities • Five Gene Richter Scholars in the last five years • A faculty unrivaled in its international • More than 150 capstone projects that have business expertise saved our corporate partners in excess The end product: of $175 million over the last eight years Students who are prepared to assess and • Students who are hired by corporate partners make decisions in the context of local and other Fortune 500 firms in manufacturing, markets — anywhere in the world. service and consulting sectors THE FOX MBA: YOUR ROADMAP TO SUCCESS The Darla Moore School of Business Designed to put the student in charge of their professional and personal progress, Roadmap is an Preparing students to be ready for the online, interactive dashboard that helps measure the student’s growth during the Fox MBA program. dynamic challenges of global markets Review personal feedback, evaluate individual traits and skills, and visualize development of key business competencies. Here’s how the Roadmap puts the Fox MBA progress into visual perspective: • Review feedback from faculty, industry executives, and peers on course deliverables. • Measure development of key business competencies and chart progress in identifying and closing any gaps. The Roadmap is a powerful tool to help project the path from MBA student to business leader. And, it’s only available at the Fox School of Business. EXPERIENCE THE POWER OF FOX fox.temple.edu/roadmap Moore.sc.edu Moore_BizIB_112415v6.indd 1 11/24/15 2:36 PM FOXad_BizEd_SeptOct2015_FINAL_CORR.indd 1 7/29/15 9:21 AM in this issue JANUARY | FEBRUARY 2016 VOLUME XV, ISSUE 1 FOCUS ON THE FUTURE: Are Business Schools Ready 20 For the Future of Work? A look at trends shaping how people will 27 work—and how b-schools should adapt. Changing the Dynamic 27 Three business schools are reimagining the way they teach business. Working at the Creative Core 36 Employees must do the creative work that machines can’t, says Peter Brews of the University of South Carolina. Eastern Exposure 42 The University of Dayton brings its business students to China through its institute in Suzhou Industrial Park. Adding Ethics 48 Indiana’s Tim Fort discusses expanding or strengthening an ethics program. Disciplined Innovation 56 The U.S. Air Force Academy proves that flexibility and innovation are possible 56 even in large rule-bound organizations. YOUR TURN: 60 Building Better Skill Sets Matthew Myers of Miami University says it’s time to break away from the 60 status quo. RESEARCH & INSIGHTS IDEAS IN ACTION PEOPLE & PLACES 10 Startup Solutions Entrepreneurial 64 Mentor Momentum Building connec- 72 Cost-Free MBA Amy Hillman ventures improve life for thousands tions between students and alumni. discusses ASU’s new scholarship in refugee camps. program, which fully funds all 67 Low-Carbon Curriculum Preparing full-time MBA students. 14 Gender Bender at the Top What students to do business in the midst happens to a company when the of global climate change. Plus: CEIBS acquires the Lorange previous CEO is a man and the new Institute, Hult and Ashridge one is a woman. Plus: Practicing executive pitches, announce a merger, Deaton wins amping up career development, and the Nobel, and four schools name Plus: The problem with greenwash- creating “bionic” books. new deans. ing, a look at “repugnant markets,” and the new EMBA profile. 70 Bookshelf 80 At a Glance JANUARY | FEBRUARY 2016 BizEd 1 Curriculum PUBLISHED BY AACSB INTERNATIONAL Maps MISSION BizEd is the world’s leading source for authoritative information, ideas, and insights INTRODUCTORY LEVEL, related to international management education. UNDERGRADUATE AND MBA MAPS EDITORIAL Tricia Bisoux Co-Editor, [email protected] Sharon Shinn Co-Editor, [email protected] Curriculum maps 2COMMUNIQUÉ Design, [email protected] provide an easy way BUSINESS to find course material Becky Gann Director, Business Development, [email protected] Debbie Wiethorn Senior Coordinator, Business Development, [email protected] RAISING for business courses. Lora Parker Database Manager, [email protected] Juliane Iannarelli Vice President, Knowledge Development, [email protected] Maps suggest materials including Brandy Whited Communications Coordinator, [email protected] cases, articles, Core Curriculum THE Readings, simulations, and more. Intro-level maps available in: Entrepreneurship ¡ AACSB INTERNATIONAL ¡ Finance William H. Glick Chair, Board of Directors ¡ Marketing Santiago Iñiguez Chair-Elect, Board of Directors Thomas R. Robinson President & Chief Executive Officer ¡ Operations Management ¡ Strategy BizEd (USPS 1884) is published six times a year by AACSB International— The Association to Advance Collegiate Schools of Business 777 South Harbour Island Boulevard, Suite 750, Tampa, FL 33602 BAR More topics added regularly. Tel: +1-813-769-6500 Fax: +1-813-769-6559 LEARN MORE: www.aacsb.edu www.bizedmagazine.com At the C. T. Bauer College of Business, our programs are ranked among the best nationally. ISSN number: 1537-338X hbsp.harvard.edu/maps Copyright information: Copyright 2016 AACSB International. All rights reserved. Materials used for Last fall, Bloomberg BusinessWeek ranked the Bauer Professional MBA 15th in the educational and noncommercial purposes may be reproduced if permission has been obtained from United States among publics and 38th overall, marking a jump of 14 spots in the list. AACSB and if the photocopied material includes a line containing the issue date and the copyright Just a few weeks later, The Princeton Review and Entrepreneur ranked Bauer College’s notice. For all other uses contact AACSB International for permission. For information about ordering reprints and ePrints of articles, or for permission to reproduce any editorial content, Cyvia and Melvyn Wolff Center for Entrepreneurship third in the nation in its list of Top 25 contact Brandy Whited at [email protected] or +1-813-769-6518. Undergraduate Colleges for Entrepreneurs — the ninth consecutive year that Bauer College was Change of address: Notify publisher at least six weeks in advance, including mailing label from the included in the ranking’s top three. most recent issue and new address. Our programs are designed to meet industry need and graduate leaders Advertising: Acceptance and/or publication of editorial or advertising does not constitute endorse- ment by BizEd or AACSB International. All advertising is subject to review by the prepared to navigate innovation and change. AACSB International Communications Department. For information about advertising, email Becky Gann, director of business development, at [email protected] or call +1-813-769-6517. Subscription rates: The Continental U.S. yearly rate is US$35. The Canadian yearly rate is US$45. Outside the Continental U.S. and Canada, the yearly rate is US$55. Subscribe online at www.bizedmagazine.com. POSTMASTER: Send address changes/corrections to BizEd, 777 South Harbour Island Blvd., Suite 750, Tampa, FL 33602. C. T. Bauer College of Business is an AACSB accredited business school. The University of Houston is an hbsp.harvard.edu bauer.uh.edu EEO/AA institution. 2 BizEd JANUARY | FEBRUARY 2016 19558_HE_BizEd ad_JanFeb_r3.indd 1 11/17/15 4:27 PM RAISING THE BAR At the C. T. Bauer College of Business, our programs are ranked among the best nationally. Last fall, Bloomberg BusinessWeek ranked the Bauer Professional MBA 15th in the United States among publics and 38th overall, marking a jump of 14 spots in the list. Just a few weeks later, The Princeton Review and Entrepreneur