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BGA | BUSINESS IMPACT
EDITORIAL
Elsewhere, we hear of the importance of injecting philosophical thinking into the way Business Schools teach, which in turn will help shape modern-day management and organisational practice. The questions generated by the discipline of philosophy are of particular importance to executive education, for David Lewis and Jules Goddard, co- authors of Mavericks , as they seek to further our understanding of how Schools can develop leaders that strive for positive change in the world (page 14). ‘Not because there is a clear formulaic answer that we can teach,’ they write, ‘but because these are the questions that define the paradoxes and dilemmas of leadership.’ In his discussion of the disconnect between monetary policymakers and the general public (page 32), Chicago Booth’s Michael Weber also emphasises the importance of taking an interdisciplinary approach. For Weber, this will, ‘allow future leaders to draw on insights across many different fields, such as psychology, behavioural economics and macroeconomics as well as marketing, to design policies that not only work in theory, but also reach ordinary households in practice.’ Therein lies the potential for more effective policies and ultimately, real impact. Tim Banerjee Dhoul,
Content Editor Tim Banerjee Dhoul t.dhoul@businessgraduates association.com Art Editor Laura Tallon Insight and Communications Executive Ellen Buchan e.buchan@ businessgraduates association.com Director of Marketing and Communications David Woods-Hale d.woods@businessgraduates association.com
C orporate
The increasingly interdisciplinary nature of business education
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The idea that business education must be interdisciplinary in nature certainly isn't new, but its promotion has been growing in currency. In response to the big global challenges of today, there are continuing calls for further fields to be better encompassed and integrated into curricula. In a climate of polarisation, Joe Zammit-Lucia urges Business Schools to push politics’ interrelationship with business to the very centre of curricula, rather than to leave it languishing as an optional add-on, in our cover feature of this edition of Business Impact
(page eight). In particular, the author of The New Political Capitalism worries that simply layering ESG perspectives onto standard business thinking could do more harm than good when it comes to developing the mindsets of future business leaders. Business School students must be prepared for a new reality in which businesses recognise that they are, ‘part of our panoply of political institutions,’ Zammit-Lucia argues, adding that this, ‘requires a deep understanding of the political way of thinking and its incorporation into all aspects of business purpose, strategy and operations.’
Content Editor, Business Impact
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