The business world is changing, there’s without doubt about it. And with this, so is business education. With globalization, technological developments and demographic changes, the future of business can look vastly unique of it can today. Margaret Andrews, a contributor at Inside Higher Ed, recently discussed how business schools can adjust to this change and better prepare students for future years of business. Creativity shall become one of the top three skills workers will need to succeed, according to the World Economic Forum’s report, “The Future of Jobs,” which analyzes the employment, skills, and workforce strategy for the future.
Experts call this change the “Fourth Industrial Revolution” – a significantly advanced societal disruption where robotics, autonomous transportation, artificial intelligence, and machine learning will change the way we live and work. “Some working jobs will disappear, others will grow, and jobs that don’t even exist today can be commonplace,” Gray writes. In her Inside Higher Ed piece, Andrews argues that business colleges should adapt the way they coach students’ business if they intend to match the advanced changes.
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Refocus on learning as a lifelong endeavor, Andrews says. “Average life span is rising, more people are wanting (and frequently needing) to stay in the workforce … Read the rest