Published in 2011, the second Carnegie Report evoked numerous debates among business scholars. According to the report, business schools are in need of a makeover, specifically to incorporate more humanities and social sciences. Alongside US-based Carnegie Foundation and Aspen Institute, teachers at University of St. Gallen, Barcelona’s ESADE Business School and Copenhagen Business School are trying to move the report’s agenda forward.
Business is the largest undergraduate major in the US, according to the book Rethinking Undergraduate Business Education from the Carnegie Foundation for Advancement of Teaching. The book also states that the business sector plays a central role in the well-being and prosperity of society. This is a call for the humanities, the discipline that can guide single minded conceptualizations of business graduates that there isn’t such thing as a single answer, argues Ulrike Landfester, Professor and Vice-President at University of St. Gallen.
COPENHAGEN, Denmark – In the wake of the financial crisis, an era of severe turbulence, rapid changes and increasing complexity has emerged. A black cloud hangs over the past decade’s economic prosperity and global consumption habits, which fundamentally challenges the purpose of business. All too often the approach to business practices has been one-dimensional, lacking in richness and depth. This goes for both the cheerleaders and the critics of the current business practices. In these times, it is important to be able to view the world in different shades – one of possibilities, rather than constraints.