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To meet the challenge of closing the gap between academic research and industry practice, we need a step change in how the business school and the business scholar engages with business. This book presents best practice in the methods of broadening successful academic-business engagement on a major scale. It presents concrete recommendations for setting programmes, creating incentives and structuring recruitment that will transform effective academic-business engagement.
Most universities claim to have significant links with industry and the professions, but, in reality, only a limited number of business scholars are engaged with industry. A focus on 'impact' presents an additional potential trap, confusing promotion of research and tactical tips and tricks, with genuine engagement. This book explores the increasing number of new and innovative partnerships and collaborative activities, and looks at how academics can adapt to and leverage these new opportunities. It focuses on the academic as the primary driver of the external relationship and outlines the skills and capabilities needed to proactively develop engagement. Finally, the book provides a number of examples of best practice from a range of countries.
Written by senior business scholars and leaders from around the world, and with examples of best practice included from leading universities, this book gives universities the insight needed to develop a broader range of relationships with businesses and to have genuine engagement and impact in practice.
Most universities claim to have significant links with industry and the professions, but, in reality, only a limited number of business scholars are engaged with industry. A focus on 'impact' presents an additional potential trap, confusing promotion of research and tactical tips and tricks, with genuine engagement. This book explores the increasing number of new and innovative partnerships and collaborative activities, and looks at how academics can adapt to and leverage these new opportunities. It focuses on the academic as the primary driver of the external relationship and outlines the skills and capabilities needed to proactively develop engagement. Finally, the book provides a number of examples of best practice from a range of countries.
Written by senior business scholars and leaders from around the world, and with examples of best practice included from leading universities, this book gives universities the insight needed to develop a broader range of relationships with businesses and to have genuine engagement and impact in practice.
"In a world where humanity is at war with itself and its Home Planet, business education must evolve and consider its contribution to human society in very different ways. And I am not referring to tweaking the Capital Asset Pricing Model to account for the first ever downgrade of the US Government risk-free rate benchmark. As we move into a new Quantum World of unknown governance, Nicholas O'Regan's seminal work shows just how a cutting-edge business school can re-invent its relevance and significance to modern human society. How far can business innovation and enterprise go to mitigate the debilitating short-sightedness of human leadership?"
Xavier R. Rolet, KBE, Chairman of Shore Capital Markets, Harvard Fellow, and former CEO of the London Stock Exchange Group
"The contents of this book should interest all those concerned with economic development and organisational development in their cities and regions."
James Timpson, OBE DL, Chief Executive, Timpson Group
"A much-needed look by a wide range of contributors, at how business school academia must radically change to engage with real practice, real companies and graduates who need to be work-ready. As a devotee of 'what gets measured gets done', I particularly welcome the focus on Implementation and Impact - what in business we call execution and KPIs."
Leo Quinn, Group Chief Executive, Balfour Beatty
"Instead of resting on their laurels, this book stresses the need for change, reinvention and the professionalisation of the approach to business from our universities."
Ann Francke, OBE, Chief Executive, Chartered Management Institute
"A fascinating book, justifying why universities getting closer to business makes sense for them as institutions, and as a springboard for the brightest minds to become commercial success stories. Each chapter a compelling read."
Vis Raghavan, CEO, Europe, Middle East & Africa, J.P. Morgan
"An engaging volume from respected academics with challenging ideas and practical advice for the future of, and need for, greater and more effective collaboration between business and academia."
Rupert Soames, OBE, Chair, Smith & Nephew plc
"A well-structured book with detailed chapters on building an academic engagement model with business to address the many challenges facing both business and universities. The various chapters are a compelling read."
Martin McCourt, Non Executive of Weber Inc, Chairman of COMPO and former CEO of Dyson
"There is a real need for business schools to change their approach if they are to remain in touch/relevant to those who operate in the business world."
Sir Rod Aldridge, OBE, Chairman, Aldridge Foundation and founder/former executive Chairman, Capita PLC
Xavier R. Rolet, KBE, Chairman of Shore Capital Markets, Harvard Fellow, and former CEO of the London Stock Exchange Group
"The contents of this book should interest all those concerned with economic development and organisational development in their cities and regions."
James Timpson, OBE DL, Chief Executive, Timpson Group
"A much-needed look by a wide range of contributors, at how business school academia must radically change to engage with real practice, real companies and graduates who need to be work-ready. As a devotee of 'what gets measured gets done', I particularly welcome the focus on Implementation and Impact - what in business we call execution and KPIs."
Leo Quinn, Group Chief Executive, Balfour Beatty
"Instead of resting on their laurels, this book stresses the need for change, reinvention and the professionalisation of the approach to business from our universities."
Ann Francke, OBE, Chief Executive, Chartered Management Institute
"A fascinating book, justifying why universities getting closer to business makes sense for them as institutions, and as a springboard for the brightest minds to become commercial success stories. Each chapter a compelling read."
Vis Raghavan, CEO, Europe, Middle East & Africa, J.P. Morgan
"An engaging volume from respected academics with challenging ideas and practical advice for the future of, and need for, greater and more effective collaboration between business and academia."
Rupert Soames, OBE, Chair, Smith & Nephew plc
"A well-structured book with detailed chapters on building an academic engagement model with business to address the many challenges facing both business and universities. The various chapters are a compelling read."
Martin McCourt, Non Executive of Weber Inc, Chairman of COMPO and former CEO of Dyson
"There is a real need for business schools to change their approach if they are to remain in touch/relevant to those who operate in the business world."
Sir Rod Aldridge, OBE, Chairman, Aldridge Foundation and founder/former executive Chairman, Capita PLC