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Practical business education
Practical business education to solve real world problems
Today's organizations demand leaders who can solve real-world problems without much hand-holding. This means that newly minted graduates and current employees alike must be prepared to quickly contribute in a meaningful way.The tenured faculty usually at the helm of most business school classes have a lot of education and theoretical knowledge, but minimal contact with real-world businesses. As a result, they can often fall short of preparing students to meet current business demands for adaptability, innovative thinking and agile leadership skills. The greenlight to hire more business leaders to teach is a great start to meeting the AACSB's new goal, but administrators must also give the new educators a voice in designing classes and curriculum. They will fill classes with experiences taken straight from the board room and continually update their material to prepare students with knowledge and skills not found in textbooks.
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