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The Evolving Business Education Environment

The Evolving Business Education Environment
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Author(s): Mohammad Ayub Khan (Tecnológico de Monterrey, Mexico)
Copyright: 2015
Pages: 12
Source title: Diverse Contemporary Issues Facing Business Management Education
Source Author(s)/Editor(s): Mohammad Ayub Khan (Tecnológico de Monterrey, Mexico), Diana Bank (Universidad de las Américas Puebla (UDLAP), Mexico), Edet E. Okon (University of Uyo, Nigeria), Ghassan Al-Qaimari (University of Modern Sciences, UAE), Silvia Lizett Olivares Olivares (Tecnologico de Monterrey, Mexico) and Salvador Treviño-Martínez (Tecnologico de Monterrey, Mexico)
DOI: 10.4018/978-1-4666-6449-4.ch001

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Abstract

This chapter includes an in-depth analysis of the evolving and dynamic environment that surrounds business education management and institutions. Specifically, this chapter intends to elaborate on two fundamental issues about business education: the concept and scope of business management education explained from different perspectives and the environment of business education (institutional environment, company environment, and general environment). This chapter finds that the current global environment is highly dynamic and unpredictable, and therefore, organizations in all fields including institutions of higher education must be innovative, future-oriented, and global-minded. Business schools should focus on collaborations across institutional and geographical boundaries and maintain high talent. Recognizing the emerging demands of various stakeholders in higher education and designing inclusive and dynamic academic programs are some of the strategic actions all business education institutions may and should pursue.

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