How has the financial crisis changed views on business education? For one, there’s much greater concern about the environment in which business operates, and the roles and responsibilities of business, says Srikant Datar, senior associate dean and accounting professor at Harvard University. That’s true for deans, faculty and students. Courses that address those issues should be worked early into a business school curriculum, he says.
Datar and Ross Professor Jim Walsh are discussing the future of management education.
In a world with no restraints, Walsh says the one thing he would change at the business school would be to make sure students left it with a sense of “confident humility.” Confident in knowing what they’re doing has value in business and the wider world, but also humble enough to know they don’t have all the answers.