AMBA's Ambition magazine: Issue 45, July 2021

90% of employers in the GMAC survey said that they intended to hire MBAs, painting a really positive picture

the opportunities for the future. ‘I think what is exciting right now is that no one is an expert on some of these things that are so new, if you are someone who is focused on lifelong learning, connecting the dots, if you have the willingness to put yourself out there as an expert, you can be the expert,’ she concluded.

Amy Brachio, EY Global Business Consulting Leader, joined the AMBA & BGA Global Conference from Minneapolis in the US to share her thoughts on the issues she expects to be consequential over the next five years. She broke down trends into four main points, the first being the impact of technology (citing 5G, edge computing, next generation batteries, high-precision sensors and quantum computing as some of the top disruptors) and the second, the effect of Generation Z on the workplace. She explained that, despite regional differences and variations in upbringing, members of Gen Z are tied together by the digital world they have been born into. A key differentiator, in Brachio’s opinion, is their demand for action to be taken against climate change. This led her to her third point – the repercussions of the human race on the planet, and her belief that the sense of urgency surrounding climate change is only set to increase. Her fourth and final prediction for the future related to globalisation. She noted that, while Gen Z is digitally borderless, ‘populism and nationalism has come out of a root cause of growing economic inequality. ‘This is something that different countries around the world are going to have to embrace but what we think is going to come out of this is a focus on regionalisation,’ she argued, citing the growing self-reliance of India and China as examples of this. Each of these trends was discussed with a sense of optimism, with Brachio addressing MBA cohorts directly, urging them to be ‘problem solvers’, ‘agents of change’ and ‘lifelong learners’, and pointing out

LUIZ BRITO

The new normal of collaboration: the view from Latin America

The fall-out from the Covid-19 pandemic isn’t all doom and gloom. The crisis might just have opened up possibilities for Business Schools to partner in new ways and widen the reach of individual Schools. But competition in an ever-growing market (particularly within the online executive education space) cannot be ignored. Three deans of leading Business Schools in Argentina, Brazil and Uruguay discussed trends around globalisation and inter-institutional partnerships on day two of the AMBA & BGA Global Conference 2021. ‘The pandemic opened up other possibilities we could explore,’ reported Luiz Brito, Dean at Getulio Vargas Foundation (FGV) EAESP, referring to the uptake of new technology and online learning modes. He outlined a scheme for 30 Business Schools to work together to provide content, with each producing a single elective online in order to benefit from access to all 30.

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