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Friday, November 12, 2004
Darden Joins Global Business School Network
Here's something interesting. I didn't realize this was a network for schools to have access to International opportunities. The other schools that are a member of this are very impressive.Darden Joins Global Business School Network - October 29, 2004
Darden recently joined the Global Business School Network (GBSN), an initiative of the World Bank’s International Finance Corporation (IFC), to assist business schools in developing and transitioning countries. Darden’s Jay Bourgeois, Professor of Business Administration and Director of the School’s Tayloe Murphy Center for International Affairs, will represent Darden on the organization’s Academic Advisory Board.
"This is an important opportunity for Darden to develop international case studies, especially entrepreneurship in developing economies,” says Bourgeois, “as well as to build our global brand."
Recognizing that firms operating in emerging markets face a scarcity of competent local managers, the IFC’s Chief Economist, Guy Pfeffermann, launched the GBSN in 2002 as a means to strengthen the institutional capacity of business schools in developing and transitioning countries. By linking them to the expertise and experience of top global business schools, the Network creates for the first time a single knowledge market that schools, firms and governments in developing countries can access more easily and freely.
In addition to Darden, other members of the GBSN are Columbia, Tuck, Harvard, HEC, IESE, IMD, INSEAD, London Business School, Michigan, MIT-Sloan, Kellogg, NYU’s Stern, St. Gallen, Stanford, University of Chicago, and Wharton.
As a major generator of teaching cases and a leader in entrepreneurship, Darden will partner with the Lagos Business School in Nigeria to help the school build its entrepreneurship program and its new entrepreneurship center. Lagos B-School is recognized as the leading institution offering executive education and management training programs in tropical Africa. Established in 1992, the school features case method teaching and produces African case studies.
Bourgeois says that Pfeffermann and two Nigerian business school professors visited him recently to introduce the Network and to invite Darden to join the team. "Darden has a number of faculty members, including Peter Rodriguez, Wei Li, and Greg Fairchild, who are interested in economic development and entrepreneurship in developing economies,” says Bourgeois. "Participation in the Network not only puts us in direct contact with business-education development opportunities, but it also provides a forum for outreach. From our leading position in entrepreneurship, we can contribute to parts of the world where the payoff potential would have a large impact."
The proposed activities of the GBSN include the development of customized executive education programs for local managers; curriculum, course and case study development; faculty and staff training; application of international quality standards; and student internship programs. All programs will be tailored to local markets.
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