Business School Briefing: MBA webinar, supply chain, business books

Welcome to Business School Briefing. We give you insights from Andrew Hill and Jonathan Moules, and the select of top stories remaining examine in business schools. Edited by Wai Kwen Chan and Andrew Jack.

Noticeboard

Cost-free webinar: Secrets of successful MBA applications

Thinking about whether and the place to study for an MBA? Got queries about how to stand out in your software? 

Talk to our specialist panel, with admissions officers from Insead, London Business School, Chicago Booth and the SC Johnson Graduate School of Administration at Cornell, plus advice from a senior GMAC formal and a the latest graduate and recruiter. Click here to sign up for no cost.

Andrew Hill’s management obstacle

The pandemic has put a quality on expert supervisors who know how to operate a resilient provide chain, as I have written this week.

A person motive to safe an specialist provide chain director is that the community will normally blame the most important enterprise in the chain, not the smaller supplier, if something goes wrong — as transpired in 2013, for instance, when Tesco experienced to withdraw burgers tainted with horsemeat. Just after early missteps, the enterprise designed clear that it would not disguise driving suppliers. 

For my management obstacle, draft in its place the worst probable message to prospects from a main govt caught out by a provide chain dilemma. Mail your nightmare non-apologies to [email protected]

A great deal of takers for past week’s obstacle to lay out suggestions to embattled McKinsey. Martin Ellis made available ten quick suggestions ranging from “flat amount for partners — no bonuses” to “concentrate on local talent — stop seagull consulting” (fly in, fall off, fly absent).

In further more looking at, I caught up with Zachary Crockett’s 2020 report from The Hustle that tells you more than you at any time assumed you required to know about the economics of vending devices. “The attract of a semi-passive cash flow has led to a spike in vending for the duration of the pandemic,” Crockett writes — but, as the report helps make clear, the energetic component of the “semi-passive” job of vending machine entrepreneur can be demanding and costly.

Jonathan Moules’ business school news

Pandemic campus lockdowns have not only pressured management professors to embrace on line instructing – changing some sceptics in the procedure. They have also encouraged many top educational institutions to press forward with designs for electronic only courses. The most up-to-date is ESMT Berlin, which has announced a Global On the web MBA programme, allowing students to study at their individual rate, taking up to five decades to complete it if they desire.

British business schools have obtained a coronavirus shot in the arm many thanks to the Uk federal government unveiling a £220m offer to support fund management training instructing for small business owners. The press to boost management capabilities presents an additional objective to the business schools and really should support bond them more closely to the communities in which they are based. You can examine the details here.

My recommended examine this week is this piece in the Harvard Business Review on getting a break even when you are unable to quit making use of a screen. These suggestions feel more reasonable solutions for individuals of us who feel a powerful pull to be on line all over the working day.

Info line

Adult males make up most of the demand for MBA locations, but there is a sluggish and steady increase in female students in the past five decades, according to knowledge from the FT’s MBA rankings, writes Leo Cremonezi.

Line chart of Average percentage of female faculty,  advisory board members and students at business schools listed in the Financial Times  MBA ranking in the past five years showing Female representation at MBA schools is slowly improving

The data shows that right after some stagnation, there has also been a tiny increase in female representation among schools’ school and advisory boards.

How great is your knowledge of the news?

Respond to our ten issue quiz.

Top business school reads

Italy blocks shipment of Oxford/AstraZeneca vaccines to Australia Intervention threatens to increase world-wide tensions in excess of procurement of Covid jabs

EU turns to US in scramble for Oxford/AstraZeneca vaccine Go is component of bloc’s work to raise faltering immunisation programme

Inside the ‘Covid Triangle’: a disaster decades in the generating | Cost-free to examine
A few east London boroughs have been already at breaking level. Then the pandemic struck

Again troubles

To perspective previous newsletters, go to: ft.com/bschool.

Indication up for the FT Business School Briefing.