Most business school research has ‘no real-world relevance’ – Fxsad

Most business school research has ‘no real-world relevance’

Business school academics worldwide are spending too much time writing journal articles that don’t produce meaningful real-world impacts when it comes to improving the human condition, an international analysis has concluded.

The review, led by Usha Haley, a professor of management at Wichita State University, combined studies by hundreds of faculty members to show that the academic field is becoming irrelevant, while the role of companies in society is increasingly surrounded by important concerns.

Given their potential value, business schools “should not continue in their current form”, Professor Haley.

The increased focus on journal publishing has been raising the concern of higher education in various fields. A Times Higher Education A survey of nearly 10,000 academics last year found that academics continue to rely heavily on measuring one another by metrics such as journal prestige and author citation scores.

Experts warn that those struggles with real-world relevance, especially in fields such as business, are critical as economic and corporate decisions affect the well-being of society as a whole.

The Covid crisis, Professor Haley said, provided a great example of business schools failing broadly in their missions to help society. While various governmental and health organizations have been warning for years about the threat of a civilization-changing global pandemic, business schools seem largely oblivious to the potential for devastating economic impacts once one arrives, he said.

Top 50 magazines in the field of business, according to their ranking Financial TimesProfessor Haley said they provided only a “thin layer” of the planning and implications of a possible pandemic before the Covid-19 pandemic. In general, such journals “pay very little attention to creating truly revolutionary or controversial knowledge,” preferring instead to “produce incremental knowledge,” she said. “It’s a very safe way to go,” she explains.

The head of the world’s largest business school confirmed this concern. Business-related research “must be used for high-quality service,” said Karin Beck-Dudley, president of the Association of Early College Business Schools. “Otherwise, what are we spending all our time doing?”

Other critical areas that mainstream business journals and their academic authors rarely address, beyond pandemic preparedness, Ms. Beck-Dudley says include water scarcity and desertification, population and poverty issues. “The journals that business scholars publish in generally don’t look at what business problems are,” she said. You are looking at what the discipline deals with.

The study of business school behavior by Professor Haley and her team, published by Sage as a peer-reviewed white paper, is different from any other journal. Professor Haley’s own survey of 373 people in business and management – mostly from the US, UK and India – found that 81 per cent said it was important or very important that their research had value outside of academia, while only a third acknowledged their research. The university shared that view.

The group mentioned of Studies by Sage and the Academy of Management and other surveys of business school scholars reinforce a sense of misguided institutional missions.

Ms Beck-Dudley said her union was using its accreditation powers to try to force reforms. It has adopted the Sustainable Development Goals, defined by the United Nations as a benchmark for the types of topics it wants to be covered by internationally recognized business schools starting in 2020. In the year By 1985, such peer pressure at AACSB led business schools to adopt ethics programs, said Beck Dudley. Since business schools require accreditation once every five years, the same results should be expected on real-world community value topics now, she said.

“It’s a way to hopefully push our schools,” said Ms. Beck-Dudley, who was dean of business schools at Santa Clara, Florida State and Utah State universities.

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