Archive for November, 2012

‘Rethinking Education’ calls for more business focus

November 25, 2012

By Alan Osborn, University World News

It’s no longer enough to leave university with a degree – even a masters – at least not in the European Union (EU). Successful graduates of the future must have the skills that equip them for the job market of the modern age, says a European Commission strategy paper released last Tuesday.

That may mean entrepreneurial talents, a sense of initiative and a good grasp of other languages on top of all else.

The European Commission claims its new strategy paper, Rethinking Education, represents “a fundamental shift in education”, with more focus on learning outcomes.

“All the statistics suggest that the share of the working population with a degree or above is going to increase, so we not only need to ensure we’re producing more graduates but also that the graduates we produce have the competences and skills which are in demand,” said Dennis Abbott, the commission’s education spokesperson.

“One issue is that people’s career paths are much more varied than they were in the past,” he told University World News. It is rare today for university graduates to work for a single organisation, in the public or private sector, for all their working lives.

“People will need to move around more and that’s one reason why we say we need to produce graduates who are much more versatile,” he said.

Check:

http://www.universityworldnews.com/article.php?story=20121123103742102

http://europa.eu/rapid/press-release_IP-12-1233_en.htm

http://ec.europa.eu/education/news/rethinking/sw373_en.pdf

Povl Tiedemann

November 2012

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Need to better prepare students for a future world

November 25, 2012

By Erin Millar, University World News

Universities need to do a better job of equipping young people to succeed in the 21st century, Andreas Schleicher, deputy director for education at the OECD, argued at the recent World Innovation Summit for Education, or WISE, in Doha, Qatar.

“More than ever before, skills drive our economies and they transform people’s lives,” he said. “But more education doesn’t automatically translate into better skills and better lives.”

Schleicher’s comments summarised a major theme that arose throughout the summit: how must the fundamentals of education change to address the fast-shifting needs of the globalised world with its daunting, complex problems?

Check:

http://www.universityworldnews.com/article.php?story=20121122184314732

Povl Tiedemann

November 2012

IMD – Criterion of the Month

November 22, 2012

Extracts from IMD’s World Competitiveness Center Release: The Strain of the public sector

By Stepane Garelli, Professor, Director IMD’s World Competitiveness Center

In theory, most austerity programs have one aim in common: reduce the cost of the public sector. In practice, they hardly ever succeed. Why?

Simply because the employment in the public sector has exploded during the last years: it now represents

  • 20% of the total employment in the UK,
  • 22% in the United Arab Emirates and Austria,
  • 25% in Finland,
  • 31% in Russia and
  • 33% in Sweden.

Because of its size, a reform of the public sector, and/or a reduction in its employment level, has become a recipe for problems for most governments.

It is a time bomb that nobody wants to address – unless, of course, forced by the conditions of a bailout program…

Check:

http://www.imd.org/uupload/dm/images/WCY/criterion_Nov11-2012.pdf

Povl Tiedemann

November 2012

Growing respect for the Bologna process

November 18, 2012

By Anne Corbett, visiting fellow at the European Institute of the London School of Economics and Political Science – extracts from University World News.

The Bologna process could be coming into its own amid the European crisis, as its governance by consensus wins wider recognition. Most of Europe has signed up to Bologna’s structural changes, even though there are still some issues on which countries are divided.

Some of the participants in the Bologna ministerial meeting in Bucharest last April were muttering that the process of building a European Higher Education Area was imploding after a decade. And as for those active in European politics and policy-making: they see Bologna and higher education in general as a poor relation in the European policy sphere.

But as the debt crisis has hit Europe, and Greeks and Spaniards and Italians are made politically fragile by austerity under European Union (EU) rules, it may be that the European tide is on the turn, and that the qualities of Bologna-style governance in creating a common area by national consensus are more widely recognised.

Check:

http://www.universityworldnews.com/article.php?story=20121115090020591

Povl Tiedemann

November 2012

Teaching sustainability to tomorrow’s leaders

November 10, 2012

How can we make managers globally responsible leaders attuned to the needs of sustainability?

Extracts from article p.52 in EFMD Global Focus, Vol 06, Issue 03, 2012 – by Professor C.B. Bhattacharaya, Dean of International relations at ESMT, European School of management and Technology, Berlin.

ESMT considers sustainability and responsible leadership essential components of a 21st century business education that develops responsible and entrepreneurial leaders who think globally, act responsibly and respect the individual.

There is a cry for academics and executives to change mindsets and follow new paths that enable more balance and greater stability. We need managers who implement strategies that are not only profitable but also account for the wellbeing of the planet and its people.

The European School of Management and Technology (ESMT) in Berlin sees itself at the frontline of this transition.

Check:

http://issuu.com/efmd/docs/global_focus_vol_06_issue_03_online/1

Povl Tiedemann

November 2012

New Nordic agreement on compensation for students

November 4, 2012

By Jan Petter Myklebust, University World News.

The Nordic Council of Ministers for Education signed a new agreement on compensation for hosting one another’s students, at a meeting in Helsinki this week, with an increase in the per capita payment for countries that receive more students than they send.

The previous agreement was signed in 1996, and the new agreement will be effective from 1 January 2013 for Denmark, Finland, Norway and Sweden.

Danish Minister of Education Morten Østergaard told parliament in autumn that he had raised the issue of compensation with his Nordic colleagues because the number of students from other Nordic countries – notably Norway – had continued to grow over the past decade.

Check:

http://www.universityworldnews.com/article.php?story=20121031163939447

Povl Tiedemann

November 2012

 

University benchmarking – Investment needed

November 2, 2012

Extracts from article in University World News by Christiane Gaehtgens founder of Impact Consulting.

Rankings versus benchmarking.

Unlike rankings, benchmarking allows universities to choose what they focus on, such as areas that are immediately relevant to their decision-making.

Benchmarking lets universities study what they are doing in detail rather than adopting a broad-brush approach, and allows them to define criteria and indicators for measuring performance according to the needs of the university, and maintain ownership of data, findings and conclusions.

Benchmarking in higher education can be targeted at certain areas that are thought to be critical for the future development of the institution. This can cover anything from student intake and retention to recruitment, research output, internationalisation or facility management.

It has been rightly said that while rankings are, at best, a marketing tool for universities, benchmarking is a governance tool that can be used effectively and efficiently to strengthen institutional governance and autonomy.

Check:

http://www.universityworldnews.com/article.php?story=20121023150607520

Povl Tiedemann

November 2012

What alumni expect, may not be what alumni relations want

November 1, 2012

From EFMD blog- and Alumni Matters study release.

Alumni are sometimes the most undervalued and underutilized asset available to a business school. A strong alumni network offers a business school many opportunities – mentoring, attracting new students, speakers, a source of placements/jobs and fundraising.

The Alumni Matters study sought to find out what alumni want in return.

Research was conducted by CarringtonCrisp in partnership with the Association of Business Schools (ABS) and EFMD. Data was collected through an online questionnaire developed by CarringtonCrisp with Jackie Morgan, a former Alumni Relations Director and now a consultant on alumni relations.

The questionnaire was available during May and June 2012, generating a total of 2570 responses. Asked why they are active in the alumni network five reasons tend to be highlighted by both current students and alumni:

• To build a network to support my career/business

• To find new job opportunities

• To keep in touch with classmates

• To keep up to date with new business thinking

• To support my School

Alumni also want to offer help to their former schools in many other ways than just fundraising. Speaking at events and mentoring current students is popular, but alumni are also keen to play an active role in recruiting new students.  Almost 90% of alumni would answer questions from prospective students.

Check:

http://www.efmd.org/index.php/blog/view/220-alumni-matters-2012-what-alumni-really-want

Povl Tiedemann

November 2012