An Analysis of the Environment and Competitive Dynamics of Management Education

The paper seeks to identify the key environmental forces and competitive drivers influencing the strategic management of a business school, and to give guidance about strategic choices as the business school evolves in the new knowledge economy. Analytic tools such as PEST analysis and competitive a...

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Bibliographic Details
Main Author: THOMAS, Howard
Format: text
Language:English
Published: Institutional Knowledge at Singapore Management University 2007
Subjects:
Online Access:https://ink.library.smu.edu.sg/lkcsb_research/1849
https://doi.org/10.1108/02621710710720040
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Institution: Singapore Management University
Language: English
Description
Summary:The paper seeks to identify the key environmental forces and competitive drivers influencing the strategic management of a business school, and to give guidance about strategic choices as the business school evolves in the new knowledge economy. Analytic tools such as PEST analysis and competitive analysis are used to provide a model and framework for dialogue about strategic choice. The influence of demographic, technological, entrepreneurship and globalisation drivers provides a series of implications for competitive action and strategic choice. In the current environment it offers a school strategy of a rigorous academic research profile informed and guided by practice. This is favoured over a more professional agenda. The paper reviews and updates the literature on future strategies and scenarios for business schools from an analytic perspective.