Business Schools: Ostrich Syndrome

Examines the incongruency between what business schools teach and what business organizations actually need. Suggests a need for reform. Explores the American Assembly of Collegiate Schools of Business (AACSB) accreditation standards and suggests that this needs much clarification. States that emphasis should be less on the evaluation of “the institutional machinery of business schools” and more on management education′s “impact on society” as an indication of success. Concludes that more innovative action is needed within the management education process.