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www.efmd.org/globalfocus
Volume 07 Issue 03 | 2013
Contents Global Focus The EFMD Business Magazine
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Executive Editor Matthew Wood matthew.wood@efmd.org
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Advisory Board Eric Cornuel Howard Thomas John Peters Consultant Editor George Bickerstaffe georgebickerstaffe@gmail.com
In focus
The future is out there Andrew Crisp reports on a major new study that explores the future challenges facing business schools
10 Preparing leaders for tomorrow’s businesses The world is changing so fundamentally that business leaders who act as if the old rules still apply will find themselves and their organisations side lined or overtaken completely. However, say Thomas Malnight and Tracey Keys, those who adapt to this new world will be well placed to make the most of the opportunities it will offer
Contributing Editors Leslie Breitner Anthony Buono Jean-Christophe Carteron Andrew Crisp Fiona Dent Michael Desiderio Matthew Gitsham Viki Holton María Helena Jaén Tracey Keys Dora Koop Sabine Lauria Christophe Lejeune Thomas Malnight George Pennington Martine Plompen Gilbert Probst Michelle Sparkman Renz Loick Roche Irina Sennikova Lea Stadtler
Moving on from Rio Last year’s Rio+20 UN summit may have been something of a disappointment but there were still some significant and positive outcomes say Anthony Buono, Jean-Christophe Carteron and Matthew Gitsham
Design & Art Direction Jebens Design www.jebensdesign.co.uk
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Photographs & Illustrations © Jebens Design Ltd / EFMD unless otherwise stated Editorial & Advertising Matthew Wood matthew.wood@efmd.org Telephone: +32 2 629 0810 EFMD aisbl Rue Gachard 88 – Box 3 1050 Brussels, Belgium www.efmd.org/globalfocus ©
EFMD
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20 Coping with complexity Personal resilience is an increasingly necessary tool to face the stress of a complex work environment. Fiona Dent and Viki Holton describe what it is and how to attain it
Employers still in love with MBAs Management education is increasingly valued by companies worldwide, according to the 2013 Corporate Recruiters Survey. Christophe Lejeune and Michelle Sparkman Renz report
28 The disappearing classroom Michael Desiderio describes how new technology is knocking down the walls of the Executive MBA for business leaders
32 PhDs and DBAs: two sides of the same coin? Laura Maguire, Elena Revilla and Angel Diaz look at the differences (and even more the similarities) between the traditional PhD programme and the newer Doctor of Business Administration