“The problems are not uniquely Spanish. Japan, Ireland, the UK, and even the US are asking the same questions,” continues Bach. “Debating them with our students in the classroom is exciting because of the tremendous diversity we have at IE. The challenges ensure that the ‘real world’ is never far away. “Crises make leaders. Anybody can succeed when things are easy. But real leadership is required when
things get tough.”
MBAs: Economic salvation However, the benefits are not one-sided. Increasingly, countries are looking toward entrepreneurs and innovators to stave of future economic difficulty.
“Ultimately, the path to Spain’s and to Europe’s economic recovery is through entrepreneurship and
innovation and there was never a more urgent need for fresh management thinking and young leaders embracing a challenge,” explains Bach.
Dan LeClair, AACSB’s senior vice president and chief knowledge officer believes that MBA graduates and alumni are key to economic recovery, as efficiency and effectiveness are traits ingrained on them.
“There’s no single way [that MBAs can help economic recovery], but certainly organizations; business organizations, non- profit organizations, government organizations; they’re all important in helping us to make the world work better.
“That’s what MBA graduates do, they help make organizations work more effectively.” Find out more about studying for an MBA at:
www.topmba
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