21ST CENTURY LEADERS.

The role of business schools (and employers).

21ST CENTURY LEADERSHIP, CMI, JUNE 2014

21ST CENTURY LEADERS

Help Shape Curriculum

› Bring academics and employers together

› Identify skill gaps between what employers need and what students are learning

› UK wide events and 1000+ inputs

21ST CENTURY LEADERSHIP, CMI, JUNE 2014

CONTEXT.

› Largest undergraduate course taught in UK

› 231,480 F/T & P/T students

› 105,770 post graduate students

Source HESA data 2012/13

21ST CENTURY LEADERSHIP, CMI, JUNE 2014

SO WHY CHANGE?

› 31% of employers: no business case

› 40% employers: business schools don’t understand their needs

› 47% employers don’t know if business schools are well connected with the local business

21ST CENTURY LEADERSHIP, CMI, JUNE 2014

EMPLOYERS WANT 5 THINGS.

1. Work Experience: Make it Easier & Mandatory

2. People management skills

3. Improved SME Offer

4. Managers with: ◦ Ethics and integrity◦ A global mindset

5. Professional Practical Qualifications

21ST CENTURY LEADERSHIP, CMI, JUNE 2014

1. WORK EXPERIENCE: EASY & MANDATORY

› Work experience to be mandatory for every student

› Make it easier for employers:

› one-stop portals

› single point of contact

› remove barriers e.g.

excessive form filling

› keep pay levels reasonable

› swift and effective support

› Mentoring schemes

21ST CENTURY LEADERSHIP, CMI, JUNE 2014

2. PEOPLE MANAGEMENT SKILLS.

Learners need to be able to: ◦ Communicate and

persuade◦ Have difficult

conversations about performance

◦ Manage projects◦ Work in a team

› Management modules for non-business/ management students

21ST CENTURY LEADERSHIP, CMI, JUNE 2014

21ST CENTURY LEADERSHIP, CMI, JUNE 2014

3. IMPROVED SME OFFER.

› Closer relationships with employers e.g. via LEPs or local chapters of professional bodies

› Accreditation with Small Business Charter Award

› Co-design or co-deliver with SMEs

› Teach entrepreneurial skills

21ST CENTURY LEADERSHIP, CMI, JUNE 2014

4. MANAGERS WITH ETHICS, INTEGRITY & GLOBAL MINDSET.

› All students should study abroad

› Use cross-cultural communities to build cultural knowledge

› Teach ethics and sustainability as core for business and management degrees

21ST CENTURY LEADERSHIP, CMI, JUNE 2014

21ST CENTURY LEADERSHIP, CMI, JUNE 2014

5. PROFESSIONAL PRACTICAL QUALIFICATIONS

› Integrate professional qualifications into curriculum

› Give employers evidence of practical skills

› Chartered Manager/Qualification gives global competitive advantage

“75% OF

EMPLOYERS SAID THAT MORE GRADUATES SHOULD SEEK PROFESSIONAL QUALIFICATIONS”